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Jiankun International Bhd (XKLS:8923) ROA % : -7.24% (As of Dec. 2024)


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What is Jiankun International Bhd ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Jiankun International Bhd's annualized Net Income for the quarter that ended in Dec. 2024 was RM-9.40 Mil. Jiankun International Bhd's average Total Assets over the quarter that ended in Dec. 2024 was RM129.81 Mil. Therefore, Jiankun International Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was -7.24%.

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

XKLS:8923' s ROA % Range Over the Past 10 Years
Min: -7.77   Med: -0.14   Max: 17.23
Current: -4.87

During the past 13 years, Jiankun International Bhd's highest ROA % was 17.23%. The lowest was -7.77%. And the median was -0.14%.

XKLS:8923's ROA % is ranked worse than
84.16% of 1806 companies
in the Real Estate industry
Industry Median: 1.355 vs XKLS:8923: -4.87

Jiankun International Bhd ROA % Historical Data

The historical data trend for Jiankun International 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.

Jiankun International Bhd ROA % Chart

Jiankun International Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.60 0.77 4.22 5.47 2.02

Jiankun International Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24 Dec24
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 -5.87 -26.65 -6.21 -6.44 -7.24

Competitive Comparison of Jiankun International Bhd's ROA %

For the Real Estate - Development subindustry, Jiankun International 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.


Jiankun International Bhd's ROA % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jiankun International Bhd's ROA % distribution charts can be found below:

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


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Jiankun International Bhd ROA % Calculation

Jiankun International Bhd's annualized ROA % for the fiscal year that ended in Dec. 2021 is calculated as:

ROA %=Net Income (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=2.151/( (90.445+122.423)/ 2 )
=2.151/106.434
=2.02 %

Jiankun International Bhd's annualized ROA % for the quarter that ended in Dec. 2024 is calculated as:

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-9.396/( (123.257+136.368)/ 2 )
=-9.396/129.8125
=-7.24 %

* 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. 2024) net income data. ROA % is displayed in the 30-year financial page.


Jiankun International Bhd  (XKLS:8923) 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. 2024 )
=Net Income/Total Assets
=-9.396/129.8125
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-9.396 / 1.128)*(1.128 / 129.8125)
=Net Margin %*Asset Turnover
=-832.98 %*0.0087
=-7.24 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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.


Jiankun International Bhd ROA % Related Terms

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Jiankun International Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 16a, Persiaran Barat, L21-03, Level 21, PJX-HM Shah Tower, Unit 106, Block G, Petaling Jaya, SGR, MYS, 46050
Jiankun International Bhd is engaged in the provision of management services and investment holding. It operates in two segments: Property development and construction, which develops and provides construction services for residential, industrial, and commercial property and Property management and investment holding, which is engaged in the provision of management, marketing, and consultancy services. It generates maximum revenue from the Property development and construction segment.

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