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Binasat Communications Bhd (XKLS:0195) ROE % : -2.06% (As of Sep. 2023)


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What is Binasat Communications Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Binasat Communications Bhd's annualized net income for the quarter that ended in Sep. 2023 was RM-2.69 Mil. Binasat Communications Bhd's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was RM130.64 Mil. Therefore, Binasat Communications Bhd's annualized ROE % for the quarter that ended in Sep. 2023 was -2.06%.

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

XKLS:0195' s ROE % Range Over the Past 10 Years
Min: 1.78   Med: 27.88   Max: 47.26
Current: 1.78

During the past 8 years, Binasat Communications Bhd's highest ROE % was 47.26%. The lowest was 1.78%. And the median was 27.88%.

XKLS:0195's ROE % is ranked worse than
66.21% of 367 companies
in the Telecommunication Services industry
Industry Median: 6.98 vs XKLS:0195: 1.78

Binasat Communications Bhd ROE % Historical Data

The historical data trend for Binasat Communications 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.

Binasat Communications Bhd ROE % Chart

Binasat Communications Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
ROE %
Get a 7-Day Free Trial 47.26 18.82 6.70 3.81 2.85

Binasat Communications Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 4.90 4.54 4.80 4.41 -2.06

Competitive Comparison of Binasat Communications Bhd's ROE %

For the Telecom Services subindustry, Binasat Communications 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.


Binasat Communications Bhd's ROE % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Binasat Communications Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Binasat Communications Bhd's ROE % falls into.



Binasat Communications Bhd ROE % Calculation

Binasat Communications Bhd's annualized ROE % for the fiscal year that ended in Jun. 2021 is calculated as

ROE %=Net Income (A: Jun. 2021 )/( (Total Stockholders Equity (A: Jun. 2020 )+Total Stockholders Equity (A: Jun. 2021 ))/ count )
=2.378/( (78.862+88.041)/ 2 )
=2.378/83.4515
=2.85 %

Binasat Communications Bhd's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-2.692/( (131.064+130.223)/ 2 )
=-2.692/130.6435
=-2.06 %

* 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. 2023) net income data. ROE % is displayed in the 30-year financial page.


Binasat Communications Bhd  (XKLS:0195) 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. 2023 )
=Net Income/Total Stockholders Equity
=-2.692/130.6435
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.692 / 85.32)*(85.32 / 187.557)*(187.557 / 130.6435)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.16 %*0.4549*1.4356
=ROA %*Equity Multiplier
=-1.44 %*1.4356
=-2.06 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-2.692/130.6435
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.692 / -3.212) * (-3.212 / -2.976) * (-2.976 / 85.32) * (85.32 / 187.557) * (187.557 / 130.6435)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8381 * 1.0793 * -3.49 % * 0.4549 * 1.4356
=-2.06 %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


Binasat Communications Bhd ROE % Related Terms

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Binasat Communications Bhd (XKLS:0195) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Teknologi 4, Menara Binasat, Lot PT 13824, Technology Park, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Binasat Communications Bhd is engaged in investment holding. The company provides support services for VSAT Network Engineering Services, Mobile Network Engineering Services, Fiber Network Engineering Services, Satellite Hub/Teleport and Digital Satellite News Gathering (DSNG) Services. It has segments are Satellite, mobile and fibre optic telecommunications networks, Power and telecommunication infrastructure works and Investment holding. The company operates in Malaysia.

Binasat Communications Bhd (XKLS:0195) Headlines

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