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CN Asia BhdXKLS:7986 3-Year ROIIC % is -36.66 as of Mar. 2024. The stock has 7 warning signs investors should review. Among 2,933 Industrial Products companies, CN Asia Bhd ranks worse than 84.66% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
CN Asia Bhd's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was -36.66%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for CN Asia Bhd's 3-Year ROIIC % or its related term are showing as below:
XKLS:7986's 3-Year ROIIC % is ranked worse than 84.66% of 2933
companies
in the Industrial Products industry
Industry Median: 3.4
vs XKLS:7986: -36.66
CN Asia Bhd (XKLS:7986) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
CN Asia Bhd 3-Year ROIIC % Related Terms
CN Asia Bhd 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for CN Asia Bhd's 3-Year ROIIC % 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.
XKLS:7986 vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, CN Asia Bhd's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, CN Asia Bhd's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where CN Asia Bhd's 3-Year ROIIC % falls into.
CN Asia Bhd's 3-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -9.626 (Mar. 2024) - -4.884 (Dec. 2020) )
/
( 42.304 (Mar. 2024) - 29.369 (Dec. 2020) )
=
-4.742
/
12.935
=
-36.66%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
CN Asia Bhd (XKLS:7986) has a 3-Year ROIIC % of -36.66 as of Mar. 2024. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on CN Asia Bhd and its competitors. According to the industry distribution chart, CN Asia Bhd ranks #2483 out of 2933 companies in the Industrial Products industry, placing it in the top 84.7%.
Is CN Asia Bhd's 3-Year ROIIC % too high?
CN Asia Bhd's current 3-Year ROIIC % is -36.66. Based on the distribution chart, CN Asia Bhd ranks #2483 out of 2933 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does CN Asia Bhd's 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, CN Asia Bhd ranks #2483 out of 2933 companies for 3-Year ROIIC %. This places CN Asia Bhd in the lower half of its industry. The industry median 3-Year ROIIC % is 3.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.40, based on 2,933 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on CN Asia Bhd and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CN Asia Bhd's current 3-Year ROIIC % is -36.66. 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 3-Year ROIIC % is -36.66. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For CN Asia Bhd (XKLS:7986), the current 3-Year ROIIC % is -36.66 as of Mar. 2024. 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 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.
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