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DXN Holdings Bhd (XKLS:5318) Return-on-Tangible-Equity : 26.18% (As of Nov. 2023)


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What is DXN Holdings Bhd Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. DXN Holdings Bhd's annualized net income for the quarter that ended in Nov. 2023 was RM313 Mil. DXN Holdings Bhd's average shareholder tangible equity for the quarter that ended in Nov. 2023 was RM1,197 Mil. Therefore, DXN Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2023 was 26.18%.

The historical rank and industry rank for DXN Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:

XKLS:5318' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 25.43   Med: 33.87   Max: 36.21
Current: 25.43

During the past 4 years, DXN Holdings Bhd's highest Return-on-Tangible-Equity was 36.21%. The lowest was 25.43%. And the median was 33.87%.

XKLS:5318's Return-on-Tangible-Equity is ranked better than
84.69% of 1790 companies
in the Consumer Packaged Goods industry
Industry Median: 7.74 vs XKLS:5318: 25.43

DXN Holdings Bhd Return-on-Tangible-Equity Historical Data

The historical data trend for DXN Holdings Bhd's Return-on-Tangible-Equity 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.

DXN Holdings Bhd Return-on-Tangible-Equity Chart

DXN Holdings Bhd Annual Data
Trend Feb20 Feb21 Feb22 Feb23
Return-on-Tangible-Equity
35.79 30.50 36.21 31.95

DXN Holdings Bhd Quarterly Data
Feb20 Feb21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only - 22.91 29.25 25.99 26.18

Competitive Comparison of DXN Holdings Bhd's Return-on-Tangible-Equity

For the Packaged Foods subindustry, DXN Holdings Bhd's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


DXN Holdings Bhd's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DXN Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where DXN Holdings Bhd's Return-on-Tangible-Equity falls into.



DXN Holdings Bhd Return-on-Tangible-Equity Calculation

DXN Holdings Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2023 )  (A: Feb. 2022 )(A: Feb. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2023 )  (A: Feb. 2022 )(A: Feb. 2023 )
=275.396/( (760.684+963 )/ 2 )
=275.396/861.842
=31.95 %

DXN Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2023 )  (Q: Aug. 2023 )(Q: Nov. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2023 )  (Q: Aug. 2023 )(Q: Nov. 2023 )
=313.436/( (1180.499+1213.726)/ 2 )
=313.436/1197.1125
=26.18 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Nov. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


DXN Holdings Bhd  (XKLS:5318) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


DXN Holdings Bhd Return-on-Tangible-Equity Related Terms

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DXN Holdings Bhd (XKLS:5318) Business Description

Traded in Other Exchanges
N/A
Address
213 Lebuhraya Sultan Abdul Halim, Alor Setar, KDH, MYS, 05400
DXN Holdings Bhd is engaged in the cultivation, manufacturing, and marketing of health food supplements. Based in Malaysia with world wide operations, the company is known for its Ganoderma business. Its product lines include dietary supplements, food and beverages, personal care products, skincare, cosmetics, household products and water treatment system.

DXN Holdings Bhd (XKLS:5318) Headlines

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