Yong Thai PCL (BKK:YCI-R) ROE %: 9.11% (As of Mar. 2021)


What is Yong Thai PCL ROE %?

Yong Thai PCL BKK:YCI-R 4 ROE % is 9.11% as of Mar. 2021. GuruFocus rates BKK:YCI-R with a GF Score™ of 4/100. The stock has 5 warning signs investors should review.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Yong Thai PCL's annualized net income for the quarter that ended in Mar. 2021 was ฿13.63 Mil. Yong Thai PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2021 was ฿149.70 Mil. Therefore, Yong Thai PCL's annualized ROE % for the quarter that ended in Mar. 2021 was 9.11%.

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

BKK:YCI-R' s ROE % Range Over the Past 10 Years
Min: -95.59   Med: -21.45   Max: -4.75
Current: -4.64

During the past 13 years, Yong Thai PCL's highest ROE % was -4.75%. The lowest was -95.59%. And the median was -21.45%.

BKK:YCI-R's ROE % is not ranked
in the Chemicals industry.
Industry Median: 5.195 vs BKK:YCI-R: -4.64

Yong Thai PCL  (BKK:YCI-R) 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. 2021 )
=Net Income/Total Stockholders Equity
=13.632/149.695
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(13.632 / 29.8)*(29.8 / 194.039)*(194.039 / 149.695)
=Net Margin %*Asset Turnover*Equity Multiplier
=45.74 %*0.1536*1.2962
=ROA %*Equity Multiplier
=7.03 %*1.2962
=9.11 %

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. 2021 )
=Net Income/Total Stockholders Equity
=13.632/149.695
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (13.632 / 18.444) * (18.444 / 19.952) * (19.952 / 29.8) * (29.8 / 194.039) * (194.039 / 149.695)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7391 * 0.9244 * 66.95 % * 0.1536 * 1.2962
=9.11 %

Note: The net income data used here is four times the quarterly (Mar. 2021) net income data. The Revenue data used here is four times the quarterly (Mar. 2021) 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.


Yong Thai PCL ROE % Related Terms


Yong Thai PCL ROE % Historical Data

* Premium members only.

The historical data trend for Yong Thai PCL'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.

Yong Thai PCL ROE % Chart

Yong Thai PCL Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -52.45 -9.92 -13.21 -53.49

Yong Thai PCL Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 -31.96 -18.92 -13.03 -4.57 9.11

BKK:YCI-R vs APD, DD, DOW: ROE % Comparison

For the Chemicals subindustry, Yong Thai PCL'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.


Yong Thai PCL ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yong Thai PCL's ROE % distribution charts can be found below:

* The bar in red indicates where Yong Thai PCL's ROE % falls into.



Yong Thai PCL ROE % Calculation

Yong Thai PCL's annualized ROE % for the fiscal year that ended in Dec. 2019 is calculated as

ROE %=Net Income (A: Dec. 2019 )/( (Total Stockholders Equity (A: Dec. 2018 )+Total Stockholders Equity (A: Dec. 2019 ))/ count )
=-43.071/( (104.94+56.099)/ 2 )
=-43.071/80.5195
=-53.49 %

Yong Thai PCL's annualized ROE % for the quarter that ended in Mar. 2021 is calculated as

ROE %=Net Income (Q: Mar. 2021 )/( (Total Stockholders Equity (Q: Dec. 2020 )+Total Stockholders Equity (Q: Mar. 2021 ))/ count )
=13.632/( (147.991+151.399)/ 2 )
=13.632/149.695
=9.11 %

* 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. 2021) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 9.11% mean?
Yong Thai PCL (BKK:YCI-R) has a ROE % of 9.11% as of Mar. 2021. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Yong Thai PCL and its competitors.
Is Yong Thai PCL's ROE % too high?
Yong Thai PCL's current ROE % is 9.11%. The Chemicals industry median ROE % is 5.20. Yong Thai PCL's value of 9.11% is 75.4% above this industry median. Overall, Yong Thai PCL has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Yong Thai PCL's ROE % compare to APD and DD?
Yong Thai PCL's ROE % of 9.11% can be compared against companies in the Chemicals industry. The industry median ROE % is 5.20. Yong Thai PCL's value of 9.11% is 75.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Chemicals company?
The median ROE % among Chemicals companies is 5.20, based on 1,590 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Yong Thai PCL's current ROE % of 9.11% is 75.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Yong Thai PCL and its competitors. For the Chemicals industry, the median ROE % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yong Thai PCL's current ROE % is 9.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yong Thai PCL stock overvalued right now?
Yong Thai PCL (BKK:YCI-R) has a current ROE % of 9.11%. The current ROE % is 9.11% and 75.4% above the Chemicals industry median of 5.20. Yong Thai PCL's overall GF Score™ is 4/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Yong Thai PCL (BKK:YCI-R), the current ROE % is 9.11% as of Mar. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Yong Thai PCL Business Description

Address South Sathorn Road, No. 1 Empire Tower, 27th Floor, Room 2701-3, 2712-14, Yannawa Sub District, Sathorn District, Bangkok, THA, 10120
Yong Thai PCL is a Thailand-based company engaged in the production of industrial chemicals. It has a single reportable segment which is the Business concerning zirconium production. Its business operation is located in Thailand. The products offered by the company include Zirconium Silicate, Zircon Flour, Zircon Sand, Liquid Acid, Sulphur, and Aluminium Hydroxide.