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Actions Semiconductor Co (Actions Semiconductor Co) ROE %

: -21.58% (As of Jun. 2016)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Actions Semiconductor Co's annualized net income for the quarter that ended in Jun. 2016 was $-31.64 Mil. Actions Semiconductor Co's average Total Stockholders Equity over the quarter that ended in Jun. 2016 was $146.60 Mil. Therefore, Actions Semiconductor Co's annualized ROE % for the quarter that ended in Jun. 2016 was -21.58%.

The historical rank and industry rank for Actions Semiconductor Co's ROE % or its related term are showing as below:

ACTS's ROE % is not ranked *
in the Semiconductors industry.
Industry Median: 4.43
* Ranked among companies with meaningful ROE % only.

Actions Semiconductor Co ROE % Historical Data

The historical data trend for Actions Semiconductor Co'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.

* Premium members only.

Actions Semiconductor Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.09 -0.79 0.04 -12.03 -15.05

Actions Semiconductor Co Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
ROE % 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 Premium Member Only Premium Member Only Premium Member Only -6.87 -26.61 -17.93 -10.24 -21.58

Competitive Comparison

For the Semiconductors subindustry, Actions Semiconductor Co'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.


Actions Semiconductor Co ROE % Distribution

For the Semiconductors industry and Technology sector, Actions Semiconductor Co's ROE % distribution charts can be found below:

* The bar in red indicates where Actions Semiconductor Co's ROE % falls into.



Actions Semiconductor Co ROE % Calculation

Actions Semiconductor Co's annualized ROE % for the fiscal year that ended in Dec. 2015 is calculated as

ROE %=Net Income (A: Dec. 2015 )/( (Total Stockholders Equity (A: Dec. 2014 )+Total Stockholders Equity (A: Dec. 2015 ))/ count )
=-28.435/( (222.103+155.717)/ 2 )
=-28.435/188.91
=-15.05 %

Actions Semiconductor Co's annualized ROE % for the quarter that ended in Jun. 2016 is calculated as

ROE %=Net Income (Q: Jun. 2016 )/( (Total Stockholders Equity (Q: Mar. 2016 )+Total Stockholders Equity (Q: Jun. 2016 ))/ count )
=-31.64/( (152.221+140.986)/ 2 )
=-31.64/146.6035
=-21.58 %

* 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 (Jun. 2016) net income data. ROE % is displayed in the 30-year financial page.


Actions Semiconductor Co  (NAS:ACTS) 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: Jun. 2016 )
=Net Income/Total Stockholders Equity
=-31.64/146.6035
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-31.64 / 55.668)*(55.668 / 221.372)*(221.372 / 146.6035)
=Net Margin %*Asset Turnover*Equity Multiplier
=-56.84 %*0.2515*1.51
=ROA %*Equity Multiplier
=-14.3 %*1.51
=-21.58 %

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: Jun. 2016 )
=Net Income/Total Stockholders Equity
=-31.64/146.6035
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-31.64 / -31.584) * (-31.584 / -31.448) * (-31.448 / 55.668) * (55.668 / 221.372) * (221.372 / 146.6035)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0018 * 1.0043 * -56.49 % * 0.2515 * 1.51
=-21.58 %

Note: The net income data used here is four times the quarterly (Jun. 2016) net income data. The Revenue data used here is four times the quarterly (Jun. 2016) 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.


Actions Semiconductor Co ROE % Related Terms

Thank you for viewing the detailed overview of Actions Semiconductor Co's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Actions Semiconductor Co (Actions Semiconductor Co) Business Description

Traded in Other Exchanges
N/A
Address
Actions Semiconductor Co Ltd an exempted company incorporated under the Companies Law (2013 Revision), as amended, of the Cayman Islands on July 27, 2005. The Company is a fabless semiconductor company that designs, develops and markets integrated platform solutions, including SoCs, firmware, software development tools and reference designs, for manufacturers of portable media players and smart handheld devices such as tablets. It provides integrated platform solutions to tablet and portable media player manufacturers, brand owners and value-added distributors that enable them to accelerate the time-to-market for their products. Its integrated platform solutions, which comprise SoCs, firmware, software development tools and reference designs, obviate the need for its customers to invest in costly and time-consuming internal firmware and software development for their products, or to source them from multiple suppliers. The Company's network of third-party value-added distributors and applications developers enable its customers to quickly introduce products with differentiated features and to cost-effectively customize its solutions. Its mixed-signal design capabilities allows it to integrate analog and digital components using a compact system architecture in its portable media player SoCs, and enable its customers to reduce their overall costs and produce smaller, more power-efficient portable products. The Company's proximity to the China-based manufacturers of tablets and portable media players and presence in the rapidly evolving China market for tablets and portable media players enables the Company to identify market trends and align its product development efforts with these market trends. The Company's research and development efforts during 2011, 2012 and 2013 focused principally on: (i) the development of tablets solutions and applications including ATM7029, ATM7021 and ATM7039, (ii) the improvement of traditional portable media player and boombox solutions including ATJ331X/AK211X/ATJ212X series, ATJ225X/ATJ227X series and ATS25XX/ATS26XX series. The Company faces competition from SoC platform providers such as ALi, AllWinner, Amlogic, Anyka, BestRely, Buildwin, Freescale, General Plus, Infotmic, Ingenic, Intel, JieLI, MVSilicon, Rockchips, Vmicro and WonderMedia. As it diversifies and expands its product categories, it may also face competition from other semiconductor companies and manufacturers of consumer electronics and mobile devices.
Executives
Paul Hsiao director 1119 ST PAUL STREET BALTIMORE MD 21202

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