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Foci Fiber Optic Communications (ROCO:3363) ROE % : -4.79% (As of Dec. 2024)


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What is Foci Fiber Optic Communications ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Foci Fiber Optic Communications's annualized net income for the quarter that ended in Dec. 2024 was NT$-123 Mil. Foci Fiber Optic Communications's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was NT$2,568 Mil. Therefore, Foci Fiber Optic Communications's annualized ROE % for the quarter that ended in Dec. 2024 was -4.79%.

The historical rank and industry rank for Foci Fiber Optic Communications's ROE % or its related term are showing as below:

ROCO:3363' s ROE % Range Over the Past 10 Years
Min: -3.7   Med: 5.17   Max: 13.71
Current: -2.02

During the past 13 years, Foci Fiber Optic Communications's highest ROE % was 13.71%. The lowest was -3.70%. And the median was 5.17%.

ROCO:3363's ROE % is ranked worse than
70.28% of 2379 companies
in the Hardware industry
Industry Median: 4.72 vs ROCO:3363: -2.02

Foci Fiber Optic Communications ROE % Historical Data

The historical data trend for Foci Fiber Optic Communications'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.

Foci Fiber Optic Communications ROE % Chart

Foci Fiber Optic Communications Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.66 11.84 2.76 0.63 -2.07

Foci Fiber Optic Communications Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -1.60 -5.39 4.37 -2.26 -4.79

Competitive Comparison of Foci Fiber Optic Communications's ROE %

For the Communication Equipment subindustry, Foci Fiber Optic Communications'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.


Foci Fiber Optic Communications's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Foci Fiber Optic Communications's ROE % distribution charts can be found below:

* The bar in red indicates where Foci Fiber Optic Communications's ROE % falls into.



Foci Fiber Optic Communications ROE % Calculation

Foci Fiber Optic Communications's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=-48.272/( (2138.249+2530.636)/ 2 )
=-48.272/2334.4425
=-2.07 %

Foci Fiber Optic Communications's annualized ROE % for the quarter that ended in Dec. 2024 is calculated as

ROE %=Net Income (Q: Dec. 2024 )/( (Total Stockholders Equity (Q: Sep. 2024 )+Total Stockholders Equity (Q: Dec. 2024 ))/ count )
=-123.152/( (2606.362+2530.636)/ 2 )
=-123.152/2568.499
=-4.79 %

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


Foci Fiber Optic Communications  (ROCO:3363) 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. 2024 )
=Net Income/Total Stockholders Equity
=-123.152/2568.499
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-123.152 / 1439.504)*(1439.504 / 2986.335)*(2986.335 / 2568.499)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.56 %*0.482*1.1627
=ROA %*Equity Multiplier
=-4.13 %*1.1627
=-4.79 %

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. 2024 )
=Net Income/Total Stockholders Equity
=-123.152/2568.499
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-123.152 / -125.18) * (-125.18 / -161.572) * (-161.572 / 1439.504) * (1439.504 / 2986.335) * (2986.335 / 2568.499)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9838 * 0.7748 * -11.22 % * 0.482 * 1.1627
=-4.79 %

Note: The net income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Foci Fiber Optic Communications ROE % Related Terms

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Foci Fiber Optic Communications Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Prosperity 2nd Road, Science Industrial Park, Hsinchu, TWN, 300
Foci Fiber Optic Communications Inc designs, manufactures, and markets high-performance fiber optic components and integrated modules including fiber optic coupler, PLC splitter, thin film coarse WDM, dense WDM, multi-fiber cable assembly module, etc. that increase the bandwidth and flexibility of today's communication networks. Its products include interconnector series, isolators, couplers, splitters, attenuators, WDM devices, and filter devices, among others.

Foci Fiber Optic Communications Headlines

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