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South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) ROE % : 41.68% (As of Dec. 2023)


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What is South Dakota Soybean Processors LLC ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. South Dakota Soybean Processors LLC's annualized net income for the quarter that ended in Dec. 2023 was $78.24 Mil. South Dakota Soybean Processors LLC's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $187.71 Mil. Therefore, South Dakota Soybean Processors LLC's annualized ROE % for the quarter that ended in Dec. 2023 was 41.68%.

The historical rank and industry rank for South Dakota Soybean Processors LLC's ROE % or its related term are showing as below:

SDSYA's ROE % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.405
* Ranked among companies with meaningful ROE % only.

South Dakota Soybean Processors LLC ROE % Historical Data

The historical data trend for South Dakota Soybean Processors LLC'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.

South Dakota Soybean Processors LLC ROE % Chart

South Dakota Soybean Processors LLC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
- 24.70 48.72 39.03

South Dakota Soybean Processors LLC Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.05 58.07 25.11 43.72 41.68

Competitive Comparison of South Dakota Soybean Processors LLC's ROE %

For the Packaged Foods subindustry, South Dakota Soybean Processors LLC'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.


South Dakota Soybean Processors LLC's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, South Dakota Soybean Processors LLC's ROE % distribution charts can be found below:

* The bar in red indicates where South Dakota Soybean Processors LLC's ROE % falls into.



South Dakota Soybean Processors LLC ROE % Calculation

South Dakota Soybean Processors LLC'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 )
=70.45/( (163.539+197.494)/ 2 )
=70.45/180.5165
=39.03 %

South Dakota Soybean Processors LLC's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=78.24/( (177.934+197.494)/ 2 )
=78.24/187.714
=41.68 %

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


South Dakota Soybean Processors LLC  (OTCPK:SDSYA) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=78.24/187.714
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(78.24 / 677.524)*(677.524 / 407.6085)*(407.6085 / 187.714)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.55 %*1.6622*2.1714
=ROA %*Equity Multiplier
=19.2 %*2.1714
=41.68 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=78.24/187.714
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (78.24 / 79.596) * (79.596 / 78.24) * (78.24 / 677.524) * (677.524 / 407.6085) * (407.6085 / 187.714)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.983 * 1.0173 * 11.55 % * 1.6622 * 2.1714
=41.68 %

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. 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.


South Dakota Soybean Processors LLC ROE % Related Terms

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South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Business Description

Traded in Other Exchanges
N/A
Address
100 Caspian Avenue, PO Box 500, Volga, SD, USA, 57071
South Dakota Soybean Processors LLC owns and operates a soybean processing plant and a soybean oil refinery. It is engaged in processing locally grown soybeans into soybean meal and soybean oil. The company offers the soybean meal to resellers, feed mills, and livestock producers as livestock feed. The Company principally generate revenue from merchandising and transporting manufactured agricultural products used as ingredients in food, feed, energy and industrial products. The Company generates most of its revenue by selling soybean meals in USA.

South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Headlines

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