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Ralco Bhd (XKLS:7498) ROA % : -4.81% (As of Dec. 2023)


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What is Ralco Bhd ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ralco Bhd's annualized Net Income for the quarter that ended in Dec. 2023 was RM-3.81 Mil. Ralco Bhd's average Total Assets over the quarter that ended in Dec. 2023 was RM79.21 Mil. Therefore, Ralco Bhd's annualized ROA % for the quarter that ended in Dec. 2023 was -4.81%.

The historical rank and industry rank for Ralco Bhd's ROA % or its related term are showing as below:

XKLS:7498' s ROA % Range Over the Past 10 Years
Min: -12.44   Med: -2.31   Max: 3.76
Current: -3.95

During the past 13 years, Ralco Bhd's highest ROA % was 3.76%. The lowest was -12.44%. And the median was -2.31%.

XKLS:7498's ROA % is ranked worse than
90.23% of 389 companies
in the Packaging & Containers industry
Industry Median: 3.31 vs XKLS:7498: -3.95

Ralco Bhd ROA % Historical Data

The historical data trend for Ralco Bhd's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ralco Bhd ROA % Chart

Ralco Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.21 0.16 1.28 -1.41 -3.83

Ralco Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.01 -1.86 -7.27 -2.01 -4.81

Competitive Comparison of Ralco Bhd's ROA %

For the Packaging & Containers subindustry, Ralco Bhd's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ralco Bhd's ROA % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ralco Bhd's ROA % distribution charts can be found below:

* The bar in red indicates where Ralco Bhd's ROA % falls into.



Ralco Bhd ROA % Calculation

Ralco Bhd's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-3.081/( (78.732+82.168)/ 2 )
=-3.081/80.45
=-3.83 %

Ralco Bhd's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-3.812/( (76.248+82.168)/ 2 )
=-3.812/79.208
=-4.81 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Ralco Bhd  (XKLS:7498) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-3.812/79.208
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.812 / 61.964)*(61.964 / 79.208)
=Net Margin %*Asset Turnover
=-6.15 %*0.7823
=-4.81 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Ralco Bhd ROA % Related Terms

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Ralco Bhd (XKLS:7498) Business Description

Traded in Other Exchanges
N/A
Address
Lot 1476, Jalan Lengkok Emas 1, Nilai Industrial Estate, Nilai, NSN, MYS, 71800
Ralco Corp Bhd. is engaged in the manufacturing and trading of plastic products. Its product line is comprised of Jerrican (Blow molding) and Pail (Injection molding) in various sizes. Jerrican is widely used for the packing of the liquid form of chemical products as well as for edible oils while pails are utilized for packing paints for both household and industrial use. The company has two reportable segments: Plastic products and others. Plastic products include the manufacturing and sale of plastic products. Others include trading of furniture, oil packing, buying and selling of palm oil products, manufacturing or dealing in packaging materials, and all related products. It generates its revenues from the Plastic Products segment. Its firm is based in Malaysia.

Ralco Bhd (XKLS:7498) Headlines

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