Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
Panda Eco System Bhd's Sloan Ratio for the quarter that ended in Mar. 2026 was 30.90%.
Warning Sign:
When sloan ratio (33.01)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.
As of Mar. 2026, Panda Eco System Bhd has a Sloan Ratio of 30.90%, indicating earnings are more likely to be made up of accruals.
Panda Eco System Bhd (XKLS:0290) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of Mar. 2026, Panda Eco System Bhd has a Sloan Ratio of 30.90%, indicating earnings are more likely to be made up of accruals.
Panda Eco System Bhd Sloan Ratio % Related Terms
Panda Eco System Bhd Sloan Ratio % Historical Data
* Premium members only.
The historical data trend for Panda Eco System Bhd's Sloan Ratio % 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:0290 vs QH, SHOP, UBER: Sloan Ratio % Comparison
For the Software - Application subindustry, Panda Eco System Bhd's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % 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.
Panda Eco System Bhd Sloan Ratio % vs Software Industry
For the Software industry and Technology sector, Panda Eco System Bhd's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Panda Eco System Bhd's Sloan Ratio % falls into.
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
Panda Eco System Bhd's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Panda Eco System Bhd's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 2.267 (Jun. 2025 ) + 2.723 (Sep. 2025 ) + 2.84 (Dec. 2025 ) + 1.383 (Mar. 2026 ) = RM9.21 Mil.
Panda Eco System Bhd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 4.819 (Jun. 2025 ) + 6.274 (Sep. 2025 ) + 2.052 (Dec. 2025 ) + 1.279 (Mar. 2026 ) = RM14.42 Mil.
Panda Eco System Bhd's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -11.15 (Jun. 2025 ) + -8.382 (Sep. 2025 ) + -3.272 (Dec. 2025 ) + -2.833 (Mar. 2026 ) = RM-25.64 Mil.
* 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.
Panda Eco System Bhd (XKLS:0290) has a Sloan Ratio % of 30.90% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Panda Eco System Bhd and its competitors.
Is Panda Eco System Bhd's Sloan Ratio % too high?
Panda Eco System Bhd's current Sloan Ratio % is 30.90%. Overall, Panda Eco System Bhd has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Panda Eco System Bhd's Sloan Ratio % compare to QH and SHOP?
Panda Eco System Bhd's Sloan Ratio % of 30.90% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Software company?
A good Sloan Ratio % depends on the Software industry context. However, Sloan Ratio % 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 Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Panda Eco System Bhd and its competitors. Panda Eco System Bhd's current Sloan Ratio % is 30.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panda Eco System Bhd stock overvalued right now?
Panda Eco System Bhd (XKLS:0290) has a current Sloan Ratio % of 30.90%. The current Sloan Ratio % is 30.90%. Panda Eco System Bhd's overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Panda Eco System Bhd (XKLS:0290), the current Sloan Ratio % is 30.90% 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.
Panda Eco System Bhd is principally involved in the development, customisation, implementation and integration of Retail Management Eco-system and ERP Solutions. The company is also involved in the trading of third-party software, trading of IT hardware as well as software customisation, implementation and integration of process control and automation solutions. The company operates in single operating segment; the provision of services related to computer software and operates in Malaysia only.
51GF Score
Get the complete analysis for XKLS:0290
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0290 has been successfully added to your 
