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Malacca Straits Acquisition Co (Malacca Straits Acquisition Co) ROE % : 0.00% (As of Mar. 2023)


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What is Malacca Straits Acquisition Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Malacca Straits Acquisition Co's annualized net income for the quarter that ended in Mar. 2023 was $-3.87 Mil. Malacca Straits Acquisition Co's average Total Stockholders Equity over the quarter that ended in Mar. 2023 was $-4.15 Mil. Therefore, Malacca Straits Acquisition Co's annualized ROE % for the quarter that ended in Mar. 2023 was N/A%.

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

MLACU' s ROE % Range Over the Past 10 Years
Min: -5.99   Med: 7.38   Max: 18.22
Current: -3.89

During the past 3 years, Malacca Straits Acquisition Co's highest ROE % was 18.22%. The lowest was -5.99%. And the median was 7.38%.

MLACU's ROE % is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.38 vs MLACU: -3.89

Malacca Straits Acquisition Co ROE % Historical Data

The historical data trend for Malacca Straits Acquisition Co'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.

Malacca Straits Acquisition Co ROE % Chart

Malacca Straits Acquisition Co Annual Data
Trend Dec20 Dec21 Dec22
ROE %
-5.99 7.38 18.22

Malacca Straits Acquisition Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.55 9.93 -3.50 -11.90 -

Competitive Comparison of Malacca Straits Acquisition Co's ROE %

For the Shell Companies subindustry, Malacca Straits Acquisition Co'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.


Malacca Straits Acquisition Co's ROE % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Malacca Straits Acquisition Co's ROE % falls into.



Malacca Straits Acquisition Co ROE % Calculation

Malacca Straits Acquisition Co'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 )
=3.008/( (36.679+-3.662)/ 2 )
=3.008/16.5085
=18.22 %

Malacca Straits Acquisition Co's annualized ROE % for the quarter that ended in Mar. 2023 is calculated as

ROE %=Net Income (Q: Mar. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Mar. 2023 ))/ count )
=-3.868/( (-3.662+-4.629)/ 2 )
=-3.868/-4.1455
=N/A %

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

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Malacca Straits Acquisition Co  (NAS:MLACU) 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. 2023 )
=Net Income/Total Stockholders Equity
=-3.868/-4.1455
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.868 / 0)*(0 / 5.5705)*(5.5705 / -4.1455)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*N/A
=ROA %*Equity Multiplier
=N/A %*N/A
=N/A %

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. 2023 )
=Net Income/Total Stockholders Equity
=-3.868/-4.1455
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-3.868 / -3.868) * (-3.868 / -1.092) * (-1.092 / 0) * (0 / 5.5705) * (5.5705 / -4.1455)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 3.5421 * N/A % * 0 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Mar. 2023) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Malacca Straits Acquisition Co ROE % Related Terms

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


Malacca Straits Acquisition Co (Malacca Straits Acquisition Co) Business Description

Traded in Other Exchanges
N/A
Address
2 Ice House Street, Saint George’s Building, Unit 601-2, Central, Hong Kong, HKG
Malacca Straits Acquisition Co Ltd is a blank check company.
Executives
Ka Lok Wong director, 10 percent owner 7244 CARRIZO DRIVE,, LA JOLLA CA 92037
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Aqr Arbitrage Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Capital Management Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Capital Management Holdings, Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Nomura Holdings Inc 10 percent owner 1-13-1 NIHONBASHI, CHUO-KU, TOKYO M0 103-8645
Nomura Global Financial Products Inc 10 percent owner WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Eugene Ty Tan director UNIT 601-2 ST. GEORGES BUILDING, 2 ICE HOUSE STREET, CENTRAL K3 000000
Ming Shu Leung director UNIT 601-2 ST. GEORGES BUILDING, 2 ICE HOUSE STREET, CENTRAL K3 000000
Gordon Lo director, officer: CEO and President UNIT 601-2, ST. GEORGE'S BUILDING 2 ICE HOUSE STREET, CENTRAL K3 00000
Christian Jason Chan director C/O SECLAW GROUP, 100 CRESCENT COURT #700, DALLAS TX 75201
Malacca Straits Management Co Ltd 10 percent owner WICKHAM CAY II ROAD TOWN, TORTOLA E9 VG1110
Kenneth Ng director, 10 percent owner, officer: CEO and President 2 ICE HOUSE STREET, ST. GEORGE'S BLDG UNIT 601-2, HONG KONG F4 000000
Dwi Prasetyo Suseno director 2 ICE HOUSE STREET, ST. GEORGE'S BLDG UNIT 601-2, HONG KONG F4 000000
Ping He director 2 ICE HOUSE STREET, ST. GEORGE'S BLDG UNIT 601-2, HONG KONG F4 000000