CN Asia Bhd (XKLS:7986) ROA %: -106.41% (As of Sep. 2025)


What is CN Asia Bhd ROA %?

CN Asia Bhd XKLS:7986 ROA % is -106.41% as of Sep. 2025. The stock has 7 warning signs investors should review. Among 3,074 Industrial Products companies, CN Asia Bhd ranks worse than 94.63% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. CN Asia Bhd's annualized Net Income for the quarter that ended in Sep. 2025 was RM-48.74 Mil. CN Asia Bhd's average Total Assets over the quarter that ended in Sep. 2025 was RM45.81 Mil. Therefore, CN Asia Bhd's annualized ROA % for the quarter that ended in Sep. 2025 was -106.41%.

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

XKLS:7986' s ROA % Range Over the Past 10 Years
Min: -22.89   Med: -10.58   Max: 55.45
Current: -22.89

During the past 13 years, CN Asia Bhd's highest ROA % was 55.45%. The lowest was -22.89%. And the median was -10.58%.

XKLS:7986's ROA % is ranked worse than
94.63% of 3074 companies
in the Industrial Products industry
Industry Median: 3.02 vs XKLS:7986: -22.89

CN Asia Bhd  (XKLS:7986) 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: Sep. 2025 )
=Net Income/Total Assets
=-48.74/45.805
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-48.74 / 22.872)*(22.872 / 45.805)
=Net Margin %*Asset Turnover
=-213.1 %*0.4993
=-106.41 %

Note: The Net Income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 2025) 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.


CN Asia Bhd ROA % Related Terms


CN Asia Bhd ROA % Historical Data

* Premium members only.

The historical data trend for CN Asia 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.

CN Asia Bhd ROA % Chart

CN Asia Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Mar24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -10.55 -20.82 -12.55 -19.22

CN Asia Bhd Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 1.11 12.02 -4.26 2.19 -106.41

XKLS:7986 vs GEV, ETN, PH: ROA % Comparison

For the Specialty Industrial Machinery subindustry, CN Asia 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.


CN Asia Bhd ROA % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, CN Asia Bhd's ROA % distribution charts can be found below:

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



CN Asia Bhd ROA % Calculation

CN Asia Bhd's annualized ROA % for the fiscal year that ended in Mar. 2024 is calculated as:

ROA %=Net Income (A: Mar. 2024 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Mar. 2024 ))/ count )
=-10.188/( (61.667+44.336)/ 2 )
=-10.188/53.0015
=-19.22 %

CN Asia Bhd's annualized ROA % for the quarter that ended in Sep. 2025 is calculated as:

ROA %=Net Income (Q: Sep. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=-48.74/( (51.494+40.116)/ 2 )
=-48.74/45.805
=-106.41 %

* 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 (Sep. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -106.41% mean?
CN Asia Bhd (XKLS:7986) has a ROA % of -106.41% as of Sep. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on CN Asia Bhd and its competitors. According to the industry distribution chart, CN Asia Bhd ranks #2909 out of 3074 companies in the Industrial Products industry, placing it in the top 94.6%.
Is CN Asia Bhd's ROA % too high?
CN Asia Bhd's current ROA % is -106.41%. Based on the distribution chart, CN Asia Bhd ranks #2909 out of 3074 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does CN Asia Bhd's ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, CN Asia Bhd ranks #2909 out of 3074 companies for ROA %. This places CN Asia Bhd in the lower half of its industry. The industry median ROA % is 3.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Industrial Products company?
The median ROA % among Industrial Products companies is 3.02, based on 3,074 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on CN Asia Bhd and its competitors. For the Industrial Products industry, the median ROA % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CN Asia Bhd's current ROA % is -106.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CN Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, CN Asia Bhd (XKLS:7986) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.23, compared to a current price of RM0.07 — trading 71.7% below its estimated fair value. The current ROA % is -106.41%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For CN Asia Bhd (XKLS:7986), the current ROA % is -106.41% as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CN Asia Bhd Business Description

Address Jalan Balakong, Lot 7907, Batu 11, Ground Floor Office Building, Seri Kembangan, SGR, MYS, 43300
CN Asia Corp Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the manufacturing and trading of underground and skid tanks, dish ends, pressure vessels, road tankers, pipings for the petroleum industry, specialised engineering and fabrication works, and operating as sub-contractors for civil engineering works. The group's operating business segments are: Manufacturing, Investment, Financial Services, and Energy Management. The majority of its revenue is generated from the Manufacturing segment, which manufactures tanks and other related products, and is involved in engineering and fabrication works. Geographically, the group generates maximum revenue from Malaysia, followed by Hong Kong, Singapore, Brunei, and the Philippines.