GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shahjibazar Power Co Ltd (DHA:SPCL) » Definitions » ROE %

Shahjibazar Power Co (DHA:SPCL) ROE % : 22.35% (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Shahjibazar Power Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shahjibazar Power Co's annualized net income for the quarter that ended in Mar. 2024 was BDT1,657 Mil. Shahjibazar Power Co's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was BDT7,415 Mil. Therefore, Shahjibazar Power Co's annualized ROE % for the quarter that ended in Mar. 2024 was 22.35%.

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

DHA:SPCL' s ROE % Range Over the Past 10 Years
Min: 4.14   Med: 13.11   Max: 19.13
Current: 19.06

During the past 8 years, Shahjibazar Power Co's highest ROE % was 19.13%. The lowest was 4.14%. And the median was 13.11%.

DHA:SPCL's ROE % is ranked better than
83.57% of 426 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.11 vs DHA:SPCL: 19.06

Shahjibazar Power Co ROE % Historical Data

The historical data trend for Shahjibazar Power 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.

Shahjibazar Power Co ROE % Chart

Shahjibazar Power Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROE %
Get a 7-Day Free Trial 13.11 13.11 18.07 11.51 4.14

Shahjibazar Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % 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 15.61 11.50 23.66 17.96 22.35

Competitive Comparison of Shahjibazar Power Co's ROE %

For the Utilities - Independent Power Producers subindustry, Shahjibazar Power 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.


Shahjibazar Power Co's ROE % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shahjibazar Power Co's ROE % distribution charts can be found below:

* The bar in red indicates where Shahjibazar Power Co's ROE % falls into.



Shahjibazar Power Co ROE % Calculation

Shahjibazar Power Co's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=283.513/( (6854.101+6850.489)/ 2 )
=283.513/6852.295
=4.14 %

Shahjibazar Power Co's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=1656.98/( (7481.218+7349.471)/ 2 )
=1656.98/7415.3445
=22.35 %

* 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 (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Shahjibazar Power Co  (DHA:SPCL) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=1656.98/7415.3445
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1656.98 / 23138.18)*(23138.18 / 12669.2395)*(12669.2395 / 7415.3445)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.16 %*1.8263*1.7085
=ROA %*Equity Multiplier
=13.08 %*1.7085
=22.35 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=1656.98/7415.3445
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1656.98 / 2167.412) * (2167.412 / 2660.276) * (2660.276 / 23138.18) * (23138.18 / 12669.2395) * (12669.2395 / 7415.3445)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7645 * 0.8147 * 11.5 % * 1.8263 * 1.7085
=22.35 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Shahjibazar Power Co ROE % Related Terms

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


Shahjibazar Power Co (DHA:SPCL) Business Description

Traded in Other Exchanges
N/A
Address
822/2, Rokeya Sarani, Mirpur, Dhaka, BGD, 1216
Shahjibazar Power Co Ltd generates and supplies electricity in Bangladesh. It generates revenue from High Octane Blending Component (HOBC); Motor Spirit (MS); High Speed Diesel (HSD) and Superior Kerosene Oil (SKO).

Shahjibazar Power Co (DHA:SPCL) Headlines

No Headlines