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Alset (AEI) ROE %

: -107.13% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Alset's annualized net income for the quarter that ended in Dec. 2023 was $-133.08 Mil. Alset's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $124.22 Mil. Therefore, Alset's annualized ROE % for the quarter that ended in Dec. 2023 was -107.13%.

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

AEI' s ROE % Range Over the Past 10 Years
Min: -99.18   Med: -28.31   Max: -8.38
Current: -43.72

During the past 7 years, Alset's highest ROE % was -8.38%. The lowest was -99.18%. And the median was -28.31%.

AEI's ROE % is ranked worse than
94.49% of 1780 companies
in the Real Estate industry
Industry Median: 2.95 vs AEI: -43.72

Alset ROE % Historical Data

The historical data trend for Alset'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.

Alset Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Premium Member Only Premium Member Only -29.64 -8.38 -99.18 -28.31 -47.87

Alset Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -37.37 -11.19 -16.13 -44.21 -107.13

Competitive Comparison

For the Real Estate - Development subindustry, Alset'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.


Alset ROE % Distribution

For the Real Estate industry and Real Estate sector, Alset's ROE % distribution charts can be found below:

* The bar in red indicates where Alset's ROE % falls into.



Alset ROE % Calculation

Alset'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 )
=-58.946/( (137.654+108.646)/ 2 )
=-58.946/123.15
=-47.87 %

Alset'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 )
=-133.076/( (139.797+108.646)/ 2 )
=-133.076/124.2215
=-107.13 %

* 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.


Alset  (NAS:AEI) 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
=-133.076/124.2215
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-133.076 / 4.072)*(4.072 / 141.664)*(141.664 / 124.2215)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3268.07 %*0.0287*1.1404
=ROA %*Equity Multiplier
=-93.79 %*1.1404
=-107.13 %

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
=-133.076/124.2215
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-133.076 / -136.276) * (-136.276 / -11.84) * (-11.84 / 4.072) * (4.072 / 141.664) * (141.664 / 124.2215)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9765 * 11.5098 * -290.77 % * 0.0287 * 1.1404
=-107.13 %

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.


Alset ROE % Related Terms

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


Alset (AEI) Business Description

Traded in Other Exchanges
Address
4800 Montgomery Lane, Suite 210, Bethesda, MD, USA, 20814
Alset Inc is a diversified holding company engaged through its subsidiaries in the development of EHome communities and other real estate, financial services, digital transformation technologies, biohealth activities, and consumer products with operations in the United States, Singapore, Hong Kong, Australia, and South Korea. The Company operates in four business segments: real estate, digital transformation technology, biohealth, and other business activities, and it derives a majority of its revenue from the Real Estate segment.
Executives
Chan Heng Fai Ambrose director, 10 percent owner, officer: Chief Executive Officer 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Hiu Pan Wong director RM F, 47/F, TOWER 6, PARK AVENUE,, 18 HOI TING ROAD, TAI KOK TUSI, KOWLOON, HONG KONG F4 999077
Lim Sheng Hon Danny director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Hay Kim Ang director C/O HF ENTERPRISES INC. HAMPDEN SQUARE, 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814
Anthony S. Chan officer: Chief Operating Officer 228 YANJIANG AVE., JIANGAN DIST., BLDG A, WUHAN CITY F4 430010
Robert H Trapp other: Former Director C/O EVISION INTERNATIONAL INC., 1888 SHERMAN ST. #500, DENVER CO 80203
Shui Yeung Wong director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Tung Moe Chan officer: Co-Chief Executive Officer 1601 BLAKE ST, SUITE 310, DENVER CO 80202
Hfe Holdings Ltd 10 percent owner C/O SINGAPORE EDEVELOPMENT LTD. UNIT B, 17 FL GREATMANY CNTR 109-111 QUEENS RD E, WAN CHAI K3 50
Wu William Wai Leung director C/O DOCUMENT SECURITY SYSTEMS, INC., 200 CANAL VIEW BLVD., SUITE 300, ROCHESTER NY 14624
Tat Keung Wong director 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814
Lui Wai Leung Alan officer: Co-Chief Financial Officer 10 WINSTEDT ROAD #02-02 BLOCK A, SINGAPORE U0 227977
Rongguo Wei officer: Co-Chief Financial Officer 4800 MONTGOMERY LN #210, BETHESDA MD 20814
Charles Mackenzie officer: Chief Development Officer 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814

Alset (AEI) Headlines

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