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Grand Venture Technology (SGX:JLB) ROE % : 10.31% (As of Dec. 2024)


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What is Grand Venture Technology ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Grand Venture Technology's annualized net income for the quarter that ended in Dec. 2024 was S$13.2 Mil. Grand Venture Technology's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was S$127.7 Mil. Therefore, Grand Venture Technology's annualized ROE % for the quarter that ended in Dec. 2024 was 10.31%.

The historical rank and industry rank for Grand Venture Technology's ROE % or its related term are showing as below:

SGX:JLB' s ROE % Range Over the Past 10 Years
Min: -83.4   Med: 12.5   Max: 78.38
Current: 8.73

During the past 10 years, Grand Venture Technology's highest ROE % was 78.38%. The lowest was -83.40%. And the median was 12.50%.

SGX:JLB's ROE % is ranked better than
65.82% of 986 companies
in the Semiconductors industry
Industry Median: 4.29 vs SGX:JLB: 8.73

Grand Venture Technology ROE % Historical Data

The historical data trend for Grand Venture 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.

Grand Venture Technology ROE % Chart

Grand Venture Technology 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 15.26 24.82 11.97 4.68 8.67

Grand Venture Technology Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 10.57 5.79 3.63 7.14 10.31

Competitive Comparison of Grand Venture Technology's ROE %

For the Semiconductors subindustry, Grand Venture 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.


Grand Venture Technology's ROE % Distribution in the Semiconductors Industry

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

* The bar in red indicates where Grand Venture Technology's ROE % falls into.



Grand Venture Technology ROE % Calculation

Grand Venture Technology'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 )
=10.89/( (118.611+132.625)/ 2 )
=10.89/125.618
=8.67 %

Grand Venture Technology's annualized ROE % for the quarter that ended in Dec. 2024 is calculated as

ROE %=Net Income (Q: Dec. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Dec. 2024 ))/ count )
=13.164/( (122.848+132.625)/ 2 )
=13.164/127.7365
=10.31 %

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


Grand Venture Technology  (SGX:JLB) 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
=13.164/127.7365
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(13.164 / 182.412)*(182.412 / 249.8645)*(249.8645 / 127.7365)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.22 %*0.73*1.9561
=ROA %*Equity Multiplier
=5.27 %*1.9561
=10.31 %

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
=13.164/127.7365
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (13.164 / 8.448) * (8.448 / 12.286) * (12.286 / 182.412) * (182.412 / 249.8645) * (249.8645 / 127.7365)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.5582 * 0.6876 * 6.74 % * 0.73 * 1.9561
=10.31 %

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


Grand Venture Technology ROE % Related Terms

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Grand Venture Technology Business Description

Traded in Other Exchanges
N/A
Address
2 Changi North Street 1, GVT Building, Singapore, SGP, 498828
Grand Venture Technology Ltd is a manufacturing solution and service provider for the semiconductor, analytical life sciences, electronics and other industries with operations in Singapore, Penang (Malaysia) and Suzhou. The company's business segments are Life sciences, electronical, Aerospace, Medical and others and Semiconductor. The semiconductor segment generates more revenue for the firm. The Semiconductor segment involves the manufacturing of electrical components and devices such as transistors and diodes for equipment providers for semiconductor manufacturing and electronics assembly solutions.

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