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Zen Tech International Bhd (XKLS:0094) ROE % : -4.44% (As of Mar. 2024)


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What is Zen Tech International Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Zen Tech International Bhd's annualized net income for the quarter that ended in Mar. 2024 was RM-3.38 Mil. Zen Tech International Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was RM76.19 Mil. Therefore, Zen Tech International Bhd's annualized ROE % for the quarter that ended in Mar. 2024 was -4.44%.

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

XKLS:0094' s ROE % Range Over the Past 10 Years
Min: -50.63   Med: -16.46   Max: 1.7
Current: -5

During the past 13 years, Zen Tech International Bhd's highest ROE % was 1.70%. The lowest was -50.63%. And the median was -16.46%.

XKLS:0094's ROE % is ranked worse than
55.63% of 800 companies
in the Medical Devices & Instruments industry
Industry Median: -0.76 vs XKLS:0094: -5.00

Zen Tech International Bhd ROE % Historical Data

The historical data trend for Zen Tech International 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.

Zen Tech International Bhd ROE % Chart

Zen Tech International Bhd Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jun22 Jun23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.98 -25.13 -50.63 -20.49 -14.75

Zen Tech International Bhd Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Apr20 Jul20 Oct20 Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -17.72 -6.40 -4.03 -5.18 -4.44

Competitive Comparison of Zen Tech International Bhd's ROE %

For the Medical Instruments & Supplies subindustry, Zen Tech International 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.


Zen Tech International Bhd's ROE % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zen Tech International Bhd's ROE % distribution charts can be found below:

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



Zen Tech International Bhd ROE % Calculation

Zen Tech International Bhd's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=-8.528/( (39.289+76.329)/ 2 )
=-8.528/57.809
=-14.75 %

Zen Tech International Bhd's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-3.384/( (74.315+78.069)/ 2 )
=-3.384/76.192
=-4.44 %

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


Zen Tech International Bhd  (XKLS:0094) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-3.384/76.192
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.384 / 49.956)*(49.956 / 82.7205)*(82.7205 / 76.192)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.77 %*0.6039*1.0857
=ROA %*Equity Multiplier
=-4.09 %*1.0857
=-4.44 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-3.384/76.192
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-3.384 / -3.28) * (-3.28 / -5.564) * (-5.564 / 49.956) * (49.956 / 82.7205) * (82.7205 / 76.192)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0317 * 0.5895 * -11.14 % * 0.6039 * 1.0857
=-4.44 %

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


Zen Tech International Bhd ROE % Related Terms

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Zen Tech International Bhd (XKLS:0094) Business Description

Traded in Other Exchanges
N/A
Address
Lingkaran Syed Putra, Unit No. 53-6 The Boulevard, Mid Valley City, Kuala Lumpur, SGR, MYS, 59200
Zen Tech International Bhd is a is Malaysia-based investment holding company. The company and its subsidiaries are predominantly engaged in software development, system integration, IT management consulting, and other related professional services. segments, The company operates in three business segments namely, the Software and Books segment, which comprises of software development and system integration solutions; the Gloves segment, which comprises the manufacturing of rubber gloves, and the Corporate segment, which comprises of investment holdings and other related services. Substantial portion of its overall revenue is generated from the Gloves segment and majority of its revenue is generated from the Malaysian market.

Zen Tech International Bhd (XKLS:0094) Headlines

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