GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ProbeLeader Co Ltd (ROCO:5246) » Definitions » ROE %

ProbeLeader Co (ROCO:5246) ROE % : -23.86% (As of Jun. 2024)


View and export this data going back to 2022. Start your Free Trial

What is ProbeLeader Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ProbeLeader Co's annualized net income for the quarter that ended in Jun. 2024 was NT$-101 Mil. ProbeLeader Co's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was NT$425 Mil. Therefore, ProbeLeader Co's annualized ROE % for the quarter that ended in Jun. 2024 was -23.86%.

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

ROCO:5246' s ROE % Range Over the Past 10 Years
Min: -18.1   Med: 3.77   Max: 14.86
Current: -18.1

During the past 6 years, ProbeLeader Co's highest ROE % was 14.86%. The lowest was -18.10%. And the median was 3.77%.

ROCO:5246's ROE % is ranked worse than
85.26% of 984 companies
in the Semiconductors industry
Industry Median: 4.29 vs ROCO:5246: -18.10

ProbeLeader Co ROE % Historical Data

The historical data trend for ProbeLeader 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.

ProbeLeader Co ROE % Chart

ProbeLeader Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial -1.15 7.47 12.45 14.86 0.07

ProbeLeader Co Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.93 14.25 13.42 -12.64 -23.86

Competitive Comparison of ProbeLeader Co's ROE %

For the Semiconductor Equipment & Materials subindustry, ProbeLeader 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.


ProbeLeader Co's ROE % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ProbeLeader Co's ROE % distribution charts can be found below:

* The bar in red indicates where ProbeLeader Co's ROE % falls into.


;
;

ProbeLeader Co ROE % Calculation

ProbeLeader Co'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 )
=0.286/( (399.674+443.753)/ 2 )
=0.286/421.7135
=0.07 %

ProbeLeader Co's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=-101.44/( (443.753+406.477)/ 2 )
=-101.44/425.115
=-23.86 %

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


ProbeLeader Co  (ROCO:5246) 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
=-101.44/425.115
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-101.44 / 877.696)*(877.696 / 1143.565)*(1143.565 / 425.115)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.56 %*0.7675*2.69
=ROA %*Equity Multiplier
=-8.87 %*2.69
=-23.86 %

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
=-101.44/425.115
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-101.44 / -90.138) * (-90.138 / -91.558) * (-91.558 / 877.696) * (877.696 / 1143.565) * (1143.565 / 425.115)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1254 * 0.9845 * -10.43 % * 0.7675 * 2.69
=-23.86 %

Note: The net income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (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.


ProbeLeader Co ROE % Related Terms

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


ProbeLeader Co Business Description

Traded in Other Exchanges
N/A
Address
No.16, Jinshui Street, Xiangshan District, Hsinchu, TWN, 30090
ProbeLeader Co Ltd is engaged in designing and manufacturing of testing solutions for semiconductor and LCD panel industries. Its products include probe cards, Load-Boards, IC sockets for logic & DRAM ICs. Other than providing testing solutions for semiconductor and LCD panel industries, the company has also extended its business to testing solutions for optoelectronics and passive components. It does not only design, manufactures customized testing tools but also deal with sales, relocation, refurbishment and after-services of used-equipments.

ProbeLeader Co Headlines

No Headlines