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Tien Wah Press Holdings Bhd (XKLS:7374) ROA % : 3.45% (As of Dec. 2023)


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What is Tien Wah Press Holdings Bhd ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tien Wah Press Holdings Bhd's annualized Net Income for the quarter that ended in Dec. 2023 was RM16.5 Mil. Tien Wah Press Holdings Bhd's average Total Assets over the quarter that ended in Dec. 2023 was RM477.5 Mil. Therefore, Tien Wah Press Holdings Bhd's annualized ROA % for the quarter that ended in Dec. 2023 was 3.45%.

The historical rank and industry rank for Tien Wah Press Holdings Bhd's ROA % or its related term are showing as below:

XKLS:7374' s ROA % Range Over the Past 10 Years
Min: -3.38   Med: 0.55   Max: 10.8
Current: 1.86

During the past 13 years, Tien Wah Press Holdings Bhd's highest ROA % was 10.80%. The lowest was -3.38%. And the median was 0.55%.

XKLS:7374's ROA % is ranked worse than
61.85% of 1080 companies
in the Business Services industry
Industry Median: 3.47 vs XKLS:7374: 1.86

Tien Wah Press Holdings Bhd ROA % Historical Data

The historical data trend for Tien Wah Press Holdings 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.

Tien Wah Press Holdings Bhd ROA % Chart

Tien Wah Press Holdings Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.30 -0.22 1.31 -3.38 1.89

Tien Wah Press Holdings Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -12.86 0.94 0.85 2.04 3.45

Competitive Comparison of Tien Wah Press Holdings Bhd's ROA %

For the Specialty Business Services subindustry, Tien Wah Press Holdings 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.


Tien Wah Press Holdings Bhd's ROA % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tien Wah Press Holdings Bhd's ROA % distribution charts can be found below:

* The bar in red indicates where Tien Wah Press Holdings Bhd's ROA % falls into.



Tien Wah Press Holdings Bhd ROA % Calculation

Tien Wah Press Holdings Bhd's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=8.582/( (433.891+471.896)/ 2 )
=8.582/452.8935
=1.89 %

Tien Wah Press Holdings Bhd's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=16.48/( (483.118+471.896)/ 2 )
=16.48/477.507
=3.45 %

* 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. 2023) net income data. ROA % is displayed in the 30-year financial page.


Tien Wah Press Holdings Bhd  (XKLS:7374) 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. 2023 )
=Net Income/Total Assets
=16.48/477.507
=(Net Income / Revenue)*(Revenue / Total Assets)
=(16.48 / 275.912)*(275.912 / 477.507)
=Net Margin %*Asset Turnover
=5.97 %*0.5778
=3.45 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Tien Wah Press Holdings Bhd ROA % Related Terms

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Tien Wah Press Holdings Bhd (XKLS:7374) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Jalan Prof. Khoo Kay Kim, Lot 03-8, 8th Floor, Menara Symphony, Seksyen 13, Petaling Jaya, SGR, MYS, 46200
Tien Wah Press Holdings Bhd is a print packaging company. It offers a packaging solution and produces mainly gravure and offset printed materials for tobacco packaging including cigarette packs, fast-moving consumer product packaging, and labels. Products of the group include flat unglued blanks, crash bottom or auto-lock cartons, labeled cartons, cartons with peelable labels/stickers, clamshells, and trays, UV coated cartons, glued skillet cartons, multiwall cartons comprising inner frames, cartons with CD inserts and barrier coated carton for grease and moisture resistance. The operating segment of the company is Printing and Trading and is managed on a worldwide basis and manufacturing facilities and sales offices are in Malaysia, Vietnam, Australia, United Arab Emirates, and Hong Kong.

Tien Wah Press Holdings Bhd (XKLS:7374) Headlines

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