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Brite-Tech Bhd (XKLS:0011) ROE % : 19.89% (As of Dec. 2024)


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What is Brite-Tech Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Brite-Tech Bhd's annualized net income for the quarter that ended in Dec. 2024 was RM18.49 Mil. Brite-Tech Bhd's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was RM92.93 Mil. Therefore, Brite-Tech Bhd's annualized ROE % for the quarter that ended in Dec. 2024 was 19.89%.

The historical rank and industry rank for Brite-Tech Bhd's ROE % or its related term are showing as below:

XKLS:0011' s ROE % Range Over the Past 10 Years
Min: 7.05   Med: 9.21   Max: 11.68
Current: 10.2

During the past 13 years, Brite-Tech Bhd's highest ROE % was 11.68%. The lowest was 7.05%. And the median was 9.21%.

XKLS:0011's ROE % is ranked better than
67.49% of 2953 companies
in the Industrial Products industry
Industry Median: 6.2 vs XKLS:0011: 10.20

Brite-Tech Bhd ROE % Historical Data

The historical data trend for Brite-Tech Bhd'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.

Brite-Tech Bhd ROE % Chart

Brite-Tech Bhd 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 7.05 11.68 9.34 8.57 10.09

Brite-Tech Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only 15.42 5.66 6.55 8.44 19.89

Competitive Comparison of Brite-Tech Bhd's ROE %

For the Pollution & Treatment Controls subindustry, Brite-Tech Bhd'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.


Brite-Tech Bhd's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brite-Tech Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Brite-Tech Bhd's ROE % falls into.



Brite-Tech Bhd ROE % Calculation

Brite-Tech Bhd'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 )
=9.271/( (88.261+95.47)/ 2 )
=9.271/91.8655
=10.09 %

Brite-Tech Bhd's annualized ROE % for the quarter that ended in Dec. 2024 is calculated as

ROE %=Net Income (Q: Dec. 2024 )/( (Total Stockholders Equity (Q: Sep. 2024 )+Total Stockholders Equity (Q: Dec. 2024 ))/ count )
=18.488/( (90.39+95.47)/ 2 )
=18.488/92.93
=19.89 %

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


Brite-Tech Bhd  (XKLS:0011) 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
=18.488/92.93
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(18.488 / 31.836)*(31.836 / 160.682)*(160.682 / 92.93)
=Net Margin %*Asset Turnover*Equity Multiplier
=58.07 %*0.1981*1.7291
=ROA %*Equity Multiplier
=11.5 %*1.7291
=19.89 %

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
=18.488/92.93
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (18.488 / 22.048) * (22.048 / 24.172) * (24.172 / 31.836) * (31.836 / 160.682) * (160.682 / 92.93)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8385 * 0.9121 * 75.93 % * 0.1981 * 1.7291
=19.89 %

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


Brite-Tech Bhd ROE % Related Terms

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Brite-Tech Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Pendamar 27/90, Lot 14, Seksyen 27, Shah Alam, SGR, MYS, 40400
Brite-Tech Bhd is an integrated water purification and wastewater treatment solutions provider company in Malaysia. The group operates through its three segments namely, Environmental Products and services, System equipment and ancillary products, and Investment segment. The company generates the majority of the revenue from the Environmental products and services segment which is engaged in providing services and products in the field of water treatment as well as engineered and formulated chemical products for water and wastewater treatment, and to provide analytical laboratory and environmental monitoring services. Its products and services include Boiler Water Treatment, Cooling water treatment, and Water & Wastewater Treatment. All of its operations are conducted in Malaysia.

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