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Champion Building Materials Co (TPE:1806) ROE % : 4.96% (As of Sep. 2024)


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What is Champion Building Materials Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Champion Building Materials Co's annualized net income for the quarter that ended in Sep. 2024 was NT$274 Mil. Champion Building Materials Co's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was NT$5,531 Mil. Therefore, Champion Building Materials Co's annualized ROE % for the quarter that ended in Sep. 2024 was 4.96%.

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

TPE:1806' s ROE % Range Over the Past 10 Years
Min: -8.51   Med: -2.22   Max: 16.5
Current: 0.61

During the past 13 years, Champion Building Materials Co's highest ROE % was 16.50%. The lowest was -8.51%. And the median was -2.22%.

TPE:1806's ROE % is ranked worse than
73.46% of 1677 companies
in the Construction industry
Industry Median: 6.53 vs TPE:1806: 0.61

Champion Building Materials Co ROE % Historical Data

The historical data trend for Champion Building Materials 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.

Champion Building Materials Co ROE % Chart

Champion Building Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.89 -7.04 16.50 -3.15 -0.92

Champion Building Materials Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.28 -3.74 0.75 0.38 4.96

Competitive Comparison of Champion Building Materials Co's ROE %

For the Building Products & Equipment subindustry, Champion Building Materials 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.


Champion Building Materials Co's ROE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Champion Building Materials Co's ROE % distribution charts can be found below:

* The bar in red indicates where Champion Building Materials Co's ROE % falls into.



Champion Building Materials Co ROE % Calculation

Champion Building Materials 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 )
=-49.688/( (5447.014+5397.829)/ 2 )
=-49.688/5422.4215
=-0.92 %

Champion Building Materials Co's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=274.456/( (5508.558+5554.22)/ 2 )
=274.456/5531.389
=4.96 %

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


Champion Building Materials Co  (TPE:1806) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=274.456/5531.389
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(274.456 / 3540.812)*(3540.812 / 8323.878)*(8323.878 / 5531.389)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.75 %*0.4254*1.5048
=ROA %*Equity Multiplier
=3.3 %*1.5048
=4.96 %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=274.456/5531.389
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (274.456 / 327.132) * (327.132 / 221.528) * (221.528 / 3540.812) * (3540.812 / 8323.878) * (8323.878 / 5531.389)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.839 * 1.4767 * 6.26 % * 0.4254 * 1.5048
=4.96 %

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


Champion Building Materials Co ROE % Related Terms

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Champion Building Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No.200-7, Zhugaocuo, Zhunan Township, Dapu Village, Miaoli County, Miaoli, TWN, 350026
Champion Building Materials Co Ltd is engaged in the production and sales of ceramic products, stone products, fire-resistant materials, and other chemical products. It is also engaged in the development business for particular industry zones, new towns, and new communities. The company has three reportable segments: the Tiles business, the Chinese business segment, and the Wooden floor business segment. The Tiles business segment generates the majority of its revenue and engages in manufacturing, sales, and purchase of various floor tiles, wall tiles, polished tiles, and functional tiles in the Taiwan region. Geographically, the company derives its key revenue from Asia and the rest from America and Australia.

Champion Building Materials Co Headlines

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