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Pss Co (TPE:6914) ROE % : 17.17% (As of Jun. 2024)


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What is Pss Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Pss Co's annualized net income for the quarter that ended in Jun. 2024 was NT$473 Mil. Pss Co's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was NT$2,755 Mil. Therefore, Pss Co's annualized ROE % for the quarter that ended in Jun. 2024 was 17.17%.

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

TPE:6914' s ROE % Range Over the Past 10 Years
Min: 6.07   Med: 14.07   Max: 26.28
Current: 20.37

During the past 5 years, Pss Co's highest ROE % was 26.28%. The lowest was 6.07%. And the median was 14.07%.

TPE:6914's ROE % is ranked better than
88.57% of 2967 companies
in the Industrial Products industry
Industry Median: 6.81 vs TPE:6914: 20.37

Pss Co ROE % Historical Data

The historical data trend for Pss 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.

Pss Co ROE % Chart

Pss Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
14.07 10.56 6.07 18.96 26.28

Pss Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROE % Get a 7-Day Free Trial Premium Member Only 16.93 21.35 28.19 25.57 17.17

Competitive Comparison of Pss Co's ROE %

For the Business Equipment & Supplies subindustry, Pss 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.


Pss Co's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pss Co's ROE % distribution charts can be found below:

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



Pss Co ROE % Calculation

Pss 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 )
=548.425/( (1897.106+2277.004)/ 2 )
=548.425/2087.055
=26.28 %

Pss 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 )
=473.056/( (2277.004+3232.2)/ 2 )
=473.056/2754.602
=17.17 %

* 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.


Pss Co  (TPE:6914) 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
=473.056/2754.602
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(473.056 / 4513.472)*(4513.472 / 8241.476)*(8241.476 / 2754.602)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.48 %*0.5477*2.9919
=ROA %*Equity Multiplier
=5.74 %*2.9919
=17.17 %

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
=473.056/2754.602
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (473.056 / 611.934) * (611.934 / 663.292) * (663.292 / 4513.472) * (4513.472 / 8241.476) * (8241.476 / 2754.602)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7731 * 0.9226 * 14.7 % * 0.5477 * 2.9919
=17.17 %

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.


Pss Co ROE % Related Terms

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Pss Co Business Description

Traded in Other Exchanges
N/A
Address
Section 2, Zhongshan Road, 4th Floor, No. 10, Lane 327, Zhonghe District, New Taipei, TWN, 235602
Pss Co Ltd is a self service payment provider. It is committed to self service development and specializes in cash transaction service projects. It is a parking system provider with state-of-the-art technology. in order to provide services to users who use the parking lot quickly.

Pss Co Headlines

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