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AIB Acquisition (AIB Acquisition) ROE % : -26.65% (As of Mar. 2024)


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What is AIB Acquisition ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. AIB Acquisition's annualized net income for the quarter that ended in Mar. 2024 was $-1.60 Mil. AIB Acquisition's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $6.00 Mil. Therefore, AIB Acquisition's annualized ROE % for the quarter that ended in Mar. 2024 was -26.65%.

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

AIBAF' s ROE % Range Over the Past 10 Years
Min: -17.28   Med: -0.11   Max: 1.38
Current: -17.28

During the past 3 years, AIB Acquisition's highest ROE % was 1.38%. The lowest was -17.28%. And the median was -0.11%.

AIBAF's ROE % is ranked worse than
62.76% of 537 companies
in the Diversified Financial Services industry
Industry Median: 0.43 vs AIBAF: -17.28

AIB Acquisition ROE % Historical Data

The historical data trend for AIB Acquisition'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.

AIB Acquisition ROE % Chart

AIB Acquisition Annual Data
Trend Dec21 Dec22 Dec23
ROE %
- 1.38 -1.60

AIB Acquisition Quarterly Data
Jul21 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 -0.08 -19.05 -7.92 -16.24 -26.65

Competitive Comparison of AIB Acquisition's ROE %

For the Shell Companies subindustry, AIB Acquisition'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.


AIB Acquisition's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, AIB Acquisition's ROE % distribution charts can be found below:

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



AIB Acquisition ROE % Calculation

AIB Acquisition'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 )
=-0.733/( (85.447+6.204)/ 2 )
=-0.733/45.8255
=-1.60 %

AIB Acquisition'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 )
=-1.6/( (6.204+5.805)/ 2 )
=-1.6/6.0045
=-26.65 %

* 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.


AIB Acquisition  (OTCPK:AIBAF) 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
=-1.6/6.0045
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.6 / 0)*(0 / 11.518)*(11.518 / 6.0045)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.9182
=ROA %*Equity Multiplier
=N/A %*1.9182
=-26.65 %

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
=-1.6/6.0045
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.6 / -1.6) * (-1.6 / -2.088) * (-2.088 / 0) * (0 / 11.518) * (11.518 / 6.0045)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.7663 * N/A % * 0 * 1.9182
=-26.65 %

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.


AIB Acquisition ROE % Related Terms

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AIB Acquisition (AIB Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
875 Third Avenue, Suite M204A, New York, NY, USA, 10022
Website
AIB Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.
Executives
Merry Tang director GZTY CPA GROUP, LLC, 52 BRIDGE STREET, METUCHEN NJ 08840
Jie Gao officer: Chief Financial Officer 16F, SHIHAO SQUARE, MIDDLE JIANNAN BLVD., HIGH-TECH ZONE, CHENGDU, SICHUAN F4 610000
David Knower director C/O VISTAS ACQUISITION COMPANY II INC., 30 WALL STREET, 8TH FLOOR, NEW YORK NY 10005
Eric Yi-chung Chen director, 10 percent owner, officer: Chief Executive Officer 875 3RD AVENUE, SUITE M204A, NEW YORK NY 10022
Axel Hoerger director 875 3RD AVENUE, SUITE M204A, NEW YORK NY 10022
David Issac Adelman director 875 3RD AVENUE SUITE M204A, NEW YORK NY 10022
Aib Llc 10 percent owner 875 3RD AVENUE, SUITE M204A, NEW YORK NY 10022