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Sunmow Holding Bhd (XKLS:03050) ROE % : 15.15% (As of Dec. 2023)


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What is Sunmow Holding Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sunmow Holding Bhd's annualized net income for the quarter that ended in Dec. 2023 was RM7.5 Mil. Sunmow Holding Bhd's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was RM49.6 Mil. Therefore, Sunmow Holding Bhd's annualized ROE % for the quarter that ended in Dec. 2023 was 15.15%.

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

XKLS:03050' s ROE % Range Over the Past 10 Years
Min: 4.13   Med: 9.99   Max: 18.06
Current: 17.75

During the past 6 years, Sunmow Holding Bhd's highest ROE % was 18.06%. The lowest was 4.13%. And the median was 9.99%.

XKLS:03050's ROE % is not ranked
in the Construction industry.
Industry Median: 6.675 vs XKLS:03050: 17.75

Sunmow Holding Bhd ROE % Historical Data

The historical data trend for Sunmow Holding 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.

Sunmow Holding Bhd ROE % Chart

Sunmow Holding Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 4.52 9.59 4.13 12.98 18.06

Sunmow Holding Bhd Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only 6.04 13.60 11.83 20.18 15.15

Competitive Comparison of Sunmow Holding Bhd's ROE %

For the Engineering & Construction subindustry, Sunmow Holding 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.


Sunmow Holding Bhd's ROE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sunmow Holding Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Sunmow Holding Bhd's ROE % falls into.



Sunmow Holding Bhd ROE % Calculation

Sunmow Holding Bhd'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 )
=8.534/( (44.918+49.592)/ 2 )
=8.534/47.255
=18.06 %

Sunmow Holding Bhd's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=7.52/( (49.692+49.592)/ 2 )
=7.52/49.642
=15.15 %

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


Sunmow Holding Bhd  (XKLS:03050) 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. 2023 )
=Net Income/Total Stockholders Equity
=7.52/49.642
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7.52 / 128.81)*(128.81 / 133.0645)*(133.0645 / 49.642)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.84 %*0.968*2.6805
=ROA %*Equity Multiplier
=5.65 %*2.6805
=15.15 %

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. 2023 )
=Net Income/Total Stockholders Equity
=7.52/49.642
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (7.52 / 10.4) * (10.4 / 8.966) * (8.966 / 128.81) * (128.81 / 133.0645) * (133.0645 / 49.642)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7231 * 1.1599 * 6.96 % * 0.968 * 2.6805
=15.15 %

Note: The net income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.


Sunmow Holding Bhd ROE % Related Terms

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Sunmow Holding Bhd (XKLS:03050) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Tun Ahmad Zaidi, No. 142, 1st Floor, Parkcity Commerce Square, Bintulu, SWK, MYS, 97010
Sunmow Holding Bhd s principally engaged in the construction contract works and provision of construction support services, property development and trading in building materials and tools.

Sunmow Holding Bhd (XKLS:03050) Headlines

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