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ICT Zone Asia Bhd (XKLS:03038) ROE % : 13.12% (As of Jan. 2025)


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What is ICT Zone Asia Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ICT Zone Asia Bhd's annualized net income for the quarter that ended in Jan. 2025 was RM8.9 Mil. ICT Zone Asia Bhd's average Total Stockholders Equity over the quarter that ended in Jan. 2025 was RM67.5 Mil. Therefore, ICT Zone Asia Bhd's annualized ROE % for the quarter that ended in Jan. 2025 was 13.12%.

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

XKLS:03038' s ROE % Range Over the Past 10 Years
Min: -2.01   Med: 12.59   Max: 15.75
Current: 13.47

During the past 7 years, ICT Zone Asia Bhd's highest ROE % was 15.75%. The lowest was -2.01%. And the median was 12.59%.

XKLS:03038's ROE % is ranked better than
71.35% of 2583 companies
in the Software industry
Industry Median: 4.52 vs XKLS:03038: 13.47

ICT Zone Asia Bhd ROE % Historical Data

The historical data trend for ICT Zone Asia 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.

ICT Zone Asia Bhd ROE % Chart

ICT Zone Asia Bhd Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
ROE %
Get a 7-Day Free Trial 12.59 12.23 15.75 14.08 13.47

ICT Zone Asia Bhd Semi-Annual Data
Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.75 9.09 20.03 13.85 13.12

Competitive Comparison of ICT Zone Asia Bhd's ROE %

For the Information Technology Services subindustry, ICT Zone Asia 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.


ICT Zone Asia Bhd's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, ICT Zone Asia Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where ICT Zone Asia Bhd's ROE % falls into.


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ICT Zone Asia Bhd ROE % Calculation

ICT Zone Asia Bhd's annualized ROE % for the fiscal year that ended in Jan. 2025 is calculated as

ROE %=Net Income (A: Jan. 2025 )/( (Total Stockholders Equity (A: Jan. 2024 )+Total Stockholders Equity (A: Jan. 2025 ))/ count )
=8.795/( (60.891+69.685)/ 2 )
=8.795/65.288
=13.47 %

ICT Zone Asia Bhd's annualized ROE % for the quarter that ended in Jan. 2025 is calculated as

ROE %=Net Income (Q: Jan. 2025 )/( (Total Stockholders Equity (Q: Jul. 2024 )+Total Stockholders Equity (Q: Jan. 2025 ))/ count )
=8.854/( (65.258+69.685)/ 2 )
=8.854/67.4715
=13.12 %

* 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 (Jan. 2025) net income data. ROE % is displayed in the 30-year financial page.


ICT Zone Asia Bhd  (XKLS:03038) 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: Jan. 2025 )
=Net Income/Total Stockholders Equity
=8.854/67.4715
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.854 / 140.232)*(140.232 / 224.6555)*(224.6555 / 67.4715)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.31 %*0.6242*3.3296
=ROA %*Equity Multiplier
=3.94 %*3.3296
=13.12 %

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: Jan. 2025 )
=Net Income/Total Stockholders Equity
=8.854/67.4715
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (8.854 / 12.118) * (12.118 / 17.372) * (17.372 / 140.232) * (140.232 / 224.6555) * (224.6555 / 67.4715)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7306 * 0.6976 * 12.39 % * 0.6242 * 3.3296
=13.12 %

Note: The net income data used here is two times the semi-annual (Jan. 2025) net income data. The Revenue data used here is two times the semi-annual (Jan. 2025) 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.


ICT Zone Asia Bhd ROE % Related Terms

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ICT Zone Asia Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Ampang Putra, Ground Floor, Block H, Excella Business Park, Wilayah Persekutuan, Ampang, Kuala Lumpur, SGR, MYS, 55100
ICT Zone Asia Bhd is an investment holding company. The company operates in the following segments: Technology financing, which involves technology financing involves operating lease of ICT hardware and software; Trading includes outright sales of ICT hardware and software and disposal of ICT assets; Service segment includes the provision of ICT services that comprise of corrective and preventative maintenance; and Cloud solution and service segment includes the provision of customized cloud services with architecture solution and outright sales of ICT hardware and software for cloud solution.

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