Zecon Bhd (XKLS:7028) ROE %: -1.50% (As of Mar. 2026)


XKLS:7028 Zecon Bhd XKLS:7028
31 GF Score
Price RM0.46
! 7 Warning Signs
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What is Zecon Bhd ROE %?

Zecon Bhd XKLS:7028 31 ROE % is -1.50% as of Mar. 2026. GuruFocus rates XKLS:7028 with a GF Score™ of 31/100. The stock has 7 warning signs investors should review. Among 1,737 Construction companies, Zecon Bhd ranks worse than 75.3% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Zecon Bhd's annualized net income for the quarter that ended in Mar. 2026 was RM-4.4 Mil. Zecon Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was RM290.9 Mil. Therefore, Zecon Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was -1.50%.

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

XKLS:7028' s ROE % Range Over the Past 10 Years
Min: -18.12   Med: 3.87   Max: 36.83
Current: 0.21

During the past 13 years, Zecon Bhd's highest ROE % was 36.83%. The lowest was -18.12%. And the median was 3.87%.

XKLS:7028's ROE % is ranked worse than
75.3% of 1737 companies
in the Construction industry
Industry Median: 6.72 vs XKLS:7028: 0.21

Zecon Bhd  (XKLS:7028) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-4.352/290.926
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.352 / 60.328)*(60.328 / 1722.7935)*(1722.7935 / 290.926)
=Net Margin %*Asset Turnover*Equity Multiplier
=-7.21 %*0.035*5.9218
=ROA %*Equity Multiplier
=-0.25 %*5.9218
=-1.50 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-4.352/290.926
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-4.352 / 8.936) * (8.936 / 8.568) * (8.568 / 60.328) * (60.328 / 1722.7935) * (1722.7935 / 290.926)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.487 * 1.043 * 14.2 % * 0.035 * 5.9218
=-1.50 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Zecon Bhd ROE % Related Terms


Zecon Bhd ROE % Historical Data

* Premium members only.

The historical data trend for Zecon Bhd's ROE % 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.

Zecon Bhd ROE % Chart

Zecon Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.19 -1.71 0.88 21.49 0.89

Zecon Bhd Quarterly Data
Dec20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 1.30 -3.48 -3.06 8.85 -1.50

XKLS:7028 vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, Zecon Bhd's ROE %, along with its competitors' market caps and ROE % 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.


Zecon Bhd ROE % vs Construction Industry

For the Construction industry and Industrials sector, Zecon Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Zecon Bhd's ROE % falls into.


XKLS:7028
31GF Score
Zecon Bhd XKLS:7028
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zecon Bhd ROE % Calculation

Zecon Bhd's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=2.572/( (285.862+291.442)/ 2 )
=2.572/288.652
=0.89 %

Zecon Bhd's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-4.352/( (291.442+290.41)/ 2 )
=-4.352/290.926
=-1.50 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -1.50% mean?
Zecon Bhd (XKLS:7028) has a ROE % of -1.50% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Zecon Bhd and its competitors. According to the industry distribution chart, Zecon Bhd ranks #1308 out of 1737 companies in the Construction industry, placing it in the top 75.3%.
Is Zecon Bhd's ROE % too high?
Zecon Bhd's current ROE % is -1.50%. Based on the distribution chart, Zecon Bhd ranks #1308 out of 1737 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Zecon Bhd has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Zecon Bhd's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Zecon Bhd ranks #1308 out of 1737 companies for ROE %. This places Zecon Bhd in the lower half of its industry. The industry median ROE % is 6.72. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Construction company?
The median ROE % among Construction companies is 6.72, based on 1,737 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Zecon Bhd and its competitors. For the Construction industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zecon Bhd's current ROE % is -1.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zecon Bhd stock overvalued right now?
Zecon Bhd (XKLS:7028) has a current ROE % of -1.50%. The current ROE % is -1.50%. Zecon Bhd's overall GF Score™ is 31/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Zecon Bhd (XKLS:7028), the current ROE % is -1.50% as of Mar. 2026. 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.

Zecon Bhd Business Description

Address Jalan Satok, Menara Zecon, Number 92, Lot 393, 8th Floor, Section 5 KTLD, Kuching, SWK, MYS, 93400
Zecon Bhd provides civil engineering and building construction services. The company operates through the following business segments: Construction, Property Development, Service Concession, Property Holding, Renewable Energy, Hotel Operations, Car Park Management, and Others. The Construction segment engages in piling works, foundation engineering, and building construction. The Property Development segment engages in property holding and development. The Service Concession segment engages in the construction, operation, and maintenance of the hospital. The Other segment engages in management services. The firm derives the majority of its revenue from the Service concession segment.
31GF Score

Get the complete analysis for XKLS:7028

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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