GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Advance International Co for Communication and Information Technology (SAU:9524) » Definitions » ROE %

Advance International Co for Communication and Information Technology (SAU:9524) ROE % : 25.86% (As of Jun. 2024)


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

What is Advance International Co for Communication and Information Technology ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Advance International Co for Communication and Information Technology's annualized net income for the quarter that ended in Jun. 2024 was ﷼10.31 Mil. Advance International Co for Communication and Information Technology's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was ﷼39.88 Mil. Therefore, Advance International Co for Communication and Information Technology's annualized ROE % for the quarter that ended in Jun. 2024 was 25.86%.

The historical rank and industry rank for Advance International Co for Communication and Information Technology's ROE % or its related term are showing as below:

SAU:9524' s ROE % Range Over the Past 10 Years
Min: 8.68   Med: 38.84   Max: 9885.44
Current: 13.45

During the past 3 years, Advance International Co for Communication and Information Technology's highest ROE % was 9,885.44%. The lowest was 8.68%. And the median was 38.84%.

SAU:9524's ROE % is ranked better than
67.57% of 1030 companies
in the Business Services industry
Industry Median: 8.52 vs SAU:9524: 13.45

Advance International Co for Communication and Information Technology ROE % Historical Data

The historical data trend for Advance International Co for Communication and Information Technology'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.

Advance International Co for Communication and Information Technology ROE % Chart

Advance International Co for Communication and Information Technology Annual Data
Trend Dec21 Dec22 Dec23
ROE %
9,885.44 38.84 8.68

Advance International Co for Communication and Information Technology Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROE % Get a 7-Day Free Trial 2.17 0.86 46.92 -13.48 25.86

Competitive Comparison of Advance International Co for Communication and Information Technology's ROE %

For the Security & Protection Services subindustry, Advance International Co for Communication and Information Technology'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.


Advance International Co for Communication and Information Technology's ROE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Advance International Co for Communication and Information Technology's ROE % distribution charts can be found below:

* The bar in red indicates where Advance International Co for Communication and Information Technology's ROE % falls into.



Advance International Co for Communication and Information Technology ROE % Calculation

Advance International Co for Communication and Information Technology'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 )
=3.106/( (34.255+37.306)/ 2 )
=3.106/35.7805
=8.68 %

Advance International Co for Communication and Information Technology'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 )
=10.314/( (37.306+42.463)/ 2 )
=10.314/39.8845
=25.86 %

* 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.


Advance International Co for Communication and Information Technology  (SAU:9524) 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
=10.314/39.8845
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10.314 / 51.14)*(51.14 / 66.5675)*(66.5675 / 39.8845)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.17 %*0.7682*1.669
=ROA %*Equity Multiplier
=15.49 %*1.669
=25.86 %

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
=10.314/39.8845
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (10.314 / 10.558) * (10.558 / 10.304) * (10.304 / 51.14) * (51.14 / 66.5675) * (66.5675 / 39.8845)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9769 * 1.0247 * 20.15 % * 0.7682 * 1.669
=25.86 %

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.


Advance International Co for Communication and Information Technology ROE % Related Terms

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


Advance International Co for Communication and Information Technology Business Description

Traded in Other Exchanges
N/A
Address
King Fahd Road, Olaya District 7792, PO Box 54823, In Fornt Of Al Faislia, Riyadh, SAU, 12313
Advance International Co for Communication and Information Technology is engaged in the import, sale, installation, operation, and maintenance of security surveillance cameras, bag and parcel inspection devices, security fences, biometric magnetic card entry, and exit gates, communications technology, networks, and computer software.

Advance International Co for Communication and Information Technology Headlines

No Headlines