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PT Adhi Kartiko Pratama Tbk (ISX:NICE) ROE % : 32.41% (As of Jun. 2024)


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What is PT Adhi Kartiko Pratama Tbk ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PT Adhi Kartiko Pratama Tbk's annualized net income for the quarter that ended in Jun. 2024 was Rp43,877 Mil. PT Adhi Kartiko Pratama Tbk's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was Rp135,361 Mil. Therefore, PT Adhi Kartiko Pratama Tbk's annualized ROE % for the quarter that ended in Jun. 2024 was 32.41%.

The historical rank and industry rank for PT Adhi Kartiko Pratama Tbk's ROE % or its related term are showing as below:

ISX:NICE' s ROE % Range Over the Past 10 Years
Min: -331.41   Med: 158.31   Max: 177.22
Current: 8.1

During the past 3 years, PT Adhi Kartiko Pratama Tbk's highest ROE % was 177.22%. The lowest was -331.41%. And the median was 158.31%.

ISX:NICE's ROE % is ranked better than
86.74% of 2399 companies
in the Metals & Mining industry
Industry Median: -17.47 vs ISX:NICE: 8.10

PT Adhi Kartiko Pratama Tbk ROE % Historical Data

The historical data trend for PT Adhi Kartiko Pratama 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 Adhi Kartiko Pratama Tbk ROE % Chart

PT Adhi Kartiko Pratama Tbk Annual Data
Trend Dec20 Dec21 Dec22
ROE %
-331.41 177.22 158.31

PT Adhi Kartiko Pratama Tbk Quarterly Data
Dec20 Dec21 Jun22 Dec22 Jun23 Jun24
ROE % Get a 7-Day Free Trial - 632.25 139.55 156.61 32.41

Competitive Comparison of PT Adhi Kartiko Pratama Tbk's ROE %

For the Other Industrial Metals & Mining subindustry, PT Adhi Kartiko Pratama 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 Adhi Kartiko Pratama Tbk's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Adhi Kartiko Pratama Tbk's ROE % distribution charts can be found below:

* The bar in red indicates where PT Adhi Kartiko Pratama Tbk's ROE % falls into.



PT Adhi Kartiko Pratama Tbk ROE % Calculation

PT Adhi Kartiko Pratama Tbk's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=108865.233/( (49428.833+88101.889)/ 2 )
=108865.233/68765.361
=158.31 %

PT Adhi Kartiko Pratama Tbk's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=43877.168/( (119034.796+151686.849)/ 2 )
=43877.168/135360.8225
=32.41 %

* 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 (Jun. 2024) net income data. ROE % is displayed in the 30-year financial page.


PT Adhi Kartiko Pratama Tbk  (ISX:NICE) 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: Jun. 2024 )
=Net Income/Total Stockholders Equity
=43877.168/135360.8225
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(43877.168 / 1098312.764)*(1098312.764 / 294951.92)*(294951.92 / 135360.8225)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.99 %*3.7237*2.179
=ROA %*Equity Multiplier
=14.86 %*2.179
=32.41 %

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: Jun. 2024 )
=Net Income/Total Stockholders Equity
=43877.168/135360.8225
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (43877.168 / 81569.904) * (81569.904 / 73437.476) * (73437.476 / 1098312.764) * (1098312.764 / 294951.92) * (294951.92 / 135360.8225)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5379 * 1.1107 * 6.69 % * 3.7237 * 2.179
=32.41 %

Note: The net income data used here is four times the quarterly (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (Jun. 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 Adhi Kartiko Pratama Tbk ROE % Related Terms

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PT Adhi Kartiko Pratama Tbk Business Description

Traded in Other Exchanges
N/A
Address
Sorumba Road Number 80, Anaiwoi Village/ Subdistrict, Kadia District, Southeast Sulawesi Province, Kendari, IDN, 93118
PT Adhi Kartiko Pratama Tbk is engaged in Nickel Ore Mining. Its mine location is Lameruru Village/Subdistrict, District. Langgikima, Kab. North Konawe, Southeast Sulawesi Province. The company generates all of its revenue from the Nickel Mining segment.