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Bright Packaging Industry Bhd (XKLS:9938) ROA % : -0.88% (As of Feb. 2024)


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What is Bright Packaging Industry Bhd ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Bright Packaging Industry Bhd's annualized Net Income for the quarter that ended in Feb. 2024 was RM-1.13 Mil. Bright Packaging Industry Bhd's average Total Assets over the quarter that ended in Feb. 2024 was RM128.81 Mil. Therefore, Bright Packaging Industry Bhd's annualized ROA % for the quarter that ended in Feb. 2024 was -0.88%.

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

XKLS:9938' s ROA % Range Over the Past 10 Years
Min: -2.66   Med: -0.14   Max: 3.79
Current: 3.31

During the past 13 years, Bright Packaging Industry Bhd's highest ROA % was 3.79%. The lowest was -2.66%. And the median was -0.14%.

XKLS:9938's ROA % is ranked better than
50.9% of 387 companies
in the Packaging & Containers industry
Industry Median: 3.24 vs XKLS:9938: 3.31

Bright Packaging Industry Bhd ROA % Historical Data

The historical data trend for Bright Packaging Industry 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.

Bright Packaging Industry Bhd ROA % Chart

Bright Packaging Industry Bhd Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 -0.94 -2.06 -1.98 3.79

Bright Packaging Industry Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -1.96 5.11 8.30 0.58 -0.88

Competitive Comparison of Bright Packaging Industry Bhd's ROA %

For the Packaging & Containers subindustry, Bright Packaging Industry 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.


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

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

* The bar in red indicates where Bright Packaging Industry Bhd's ROA % falls into.



Bright Packaging Industry Bhd ROA % Calculation

Bright Packaging Industry Bhd's annualized ROA % for the fiscal year that ended in Aug. 2023 is calculated as:

ROA %=Net Income (A: Aug. 2023 )/( (Total Assets (A: Aug. 2022 )+Total Assets (A: Aug. 2023 ))/ count )
=5.027/( (132.113+133.118)/ 2 )
=5.027/132.6155
=3.79 %

Bright Packaging Industry Bhd's annualized ROA % for the quarter that ended in Feb. 2024 is calculated as:

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=-1.128/( (130.967+126.659)/ 2 )
=-1.128/128.813
=-0.88 %

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


Bright Packaging Industry Bhd  (XKLS:9938) 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: Feb. 2024 )
=Net Income/Total Assets
=-1.128/128.813
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.128 / 41.24)*(41.24 / 128.813)
=Net Margin %*Asset Turnover
=-2.74 %*0.3202
=-0.88 %

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


Bright Packaging Industry Bhd ROA % Related Terms

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Bright Packaging Industry Bhd (XKLS:9938) Business Description

Traded in Other Exchanges
N/A
Address
No. 23, Jalan Delima 1/3, Subang Hi-Tech Industrial Park, Shah Alam, SGR, MYS, 40000
Bright Packaging Industry Bhd is a manufacturer of aluminum foil laminate within Malaysia. The company is engaged in the manufacturing and printing of aluminum foil packaging materials for the tobacco, liquor, confectionaries, and pharmaceutical industry. It offers a range of services, including lamination, slitting, ink matching, and coating or lacquering. Its products include aluminum foil and metallized film laminate to tissue/woodfree/board and inner frame, and also exports to other countries. Geographically the company generates its revenue from Indonesia, Malaysia, Thailand, Korea, Russia, Phillippines.

Bright Packaging Industry Bhd (XKLS:9938) Headlines

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