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PT ICTSI Jasa Prima Tbk (ISX:KARW) ROE % : Negative Equity% (As of Mar. 2024)


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What is PT ICTSI Jasa Prima Tbk ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT ICTSI Jasa Prima Tbk's annualized net income for the quarter that ended in Mar. 2024 was Rp1,295 Mil. PT ICTSI Jasa Prima Tbk's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was Rp-498,283 Mil. Therefore, PT ICTSI Jasa Prima Tbk's annualized ROE % for the quarter that ended in Mar. 2024 was Negative Equity%.

The historical rank and industry rank for PT ICTSI Jasa Prima Tbk's ROE % or its related term are showing as below:

ISX:KARW' s ROE % Range Over the Past 10 Years
Min: Negative Equity   Med: Negative Equity   Max: Negative Equity
Current: Negative Equity

During the past 13 years, PT ICTSI Jasa Prima Tbk's highest ROE % was Negative Equity%. The lowest was Negative Equity%. And the median was Negative Equity%.

ISX:KARW's ROE % is ranked better than
99.89% of 948 companies
in the Transportation industry
Industry Median: 8.375 vs ISX:KARW: Negative Equity

PT ICTSI Jasa Prima Tbk ROE % Historical Data

The historical data trend for PT ICTSI Jasa Prima Tbk'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.

PT ICTSI Jasa Prima Tbk ROE % Chart

PT ICTSI Jasa Prima Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - Negative Equity - Negative Equity Negative Equity

PT ICTSI Jasa Prima Tbk 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 Negative Equity Negative Equity - - Negative Equity

Competitive Comparison of PT ICTSI Jasa Prima Tbk's ROE %

For the Marine Shipping subindustry, PT ICTSI Jasa Prima Tbk'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.


PT ICTSI Jasa Prima Tbk's ROE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT ICTSI Jasa Prima Tbk's ROE % distribution charts can be found below:

* The bar in red indicates where PT ICTSI Jasa Prima Tbk's ROE % falls into.



PT ICTSI Jasa Prima Tbk ROE % Calculation

PT ICTSI Jasa Prima Tbk's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=18530.023/( (-527523.766+-498445.297)/ 2 )
=18530.023/-512984.5315
=Negative Equity %

PT ICTSI Jasa Prima Tbk'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 )
=1294.944/( (-498445.297+-498121.561)/ 2 )
=1294.944/-498283.429
=Negative Equity %

* 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.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


PT ICTSI Jasa Prima Tbk  (ISX:KARW) 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
=1294.944/-498283.429
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1294.944 / 71221.888)*(71221.888 / 190664.9995)*(190664.9995 / -498283.429)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.82 %*0.3735*N/A
=ROA %*Equity Multiplier
=0.68 %*N/A
=Negative Equity %

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
=1294.944/-498283.429
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1294.944 / 801.632) * (801.632 / 3638.176) * (3638.176 / 71221.888) * (71221.888 / 190664.9995) * (190664.9995 / -498283.429)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.6154 * 0.2203 * 5.11 % * 0.3735 * N/A
=Negative Equity %

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.


PT ICTSI Jasa Prima Tbk ROE % Related Terms

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PT ICTSI Jasa Prima Tbk (ISX:KARW) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Yos Sudarso Number 88, Suite 701, 7th Floor, Graha Kirana Building, Jakarta Utara, Jakarta, IDN, 14350
PT ICTSI Jasa Prima Tbk is engaged in an operating container terminal. The services provided by the company include maintenance, upkeep, operation and utilization of maritime facilities. It also offers infrastructure facilities such as concession of berth and terminal, container yard. The company is also involved in the operation of machinery and technical, mechanical, electronic equipment, special scales, computer software and hardware related to facilities and infrastructure of maritime logistics and stevedoring services. The other business activities of the company include facilities and infrastructures development for maritime logistics, trading of various goods related to maritime logistics facilities and infrastructure, freight forwarding and warehousing.

PT ICTSI Jasa Prima Tbk (ISX:KARW) Headlines

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