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Steel Hawk Bhd (XKLS:0320) ROE % : 32.04% (As of Dec. 2024)


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What is Steel Hawk Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Steel Hawk Bhd's annualized net income for the quarter that ended in Dec. 2024 was RM14.29 Mil. Steel Hawk Bhd's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was RM44.59 Mil. Therefore, Steel Hawk Bhd's annualized ROE % for the quarter that ended in Dec. 2024 was 32.04%.

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

XKLS:0320' s ROE % Range Over the Past 10 Years
Min: 13.5   Med: 38.63   Max: 75.03
Current: 27.3

During the past 6 years, Steel Hawk Bhd's highest ROE % was 75.03%. The lowest was 13.50%. And the median was 38.63%.

XKLS:0320's ROE % is ranked better than
90.02% of 992 companies
in the Oil & Gas industry
Industry Median: 5.85 vs XKLS:0320: 27.30

Steel Hawk Bhd ROE % Historical Data

The historical data trend for Steel Hawk 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.

Steel Hawk Bhd ROE % Chart

Steel Hawk Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial 75.03 29.23 47.05 39.86 37.40

Steel Hawk Bhd Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 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 36.58 29.04 49.18 32.37 32.04

Competitive Comparison of Steel Hawk Bhd's ROE %

For the Oil & Gas Midstream subindustry, Steel Hawk 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.


Steel Hawk Bhd's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Steel Hawk Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Steel Hawk Bhd's ROE % falls into.


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Steel Hawk Bhd ROE % Calculation

Steel Hawk 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 )
=12.652/( (21.283+46.376)/ 2 )
=12.652/33.8295
=37.40 %

Steel Hawk 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 )
=14.288/( (42.803+46.376)/ 2 )
=14.288/44.5895
=32.04 %

* 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.


Steel Hawk Bhd  (XKLS:0320) 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
=14.288/44.5895
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.288 / 73.608)*(73.608 / 81.081)*(81.081 / 44.5895)
=Net Margin %*Asset Turnover*Equity Multiplier
=19.41 %*0.9078*1.8184
=ROA %*Equity Multiplier
=17.62 %*1.8184
=32.04 %

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
=14.288/44.5895
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (14.288 / 19.716) * (19.716 / 22.072) * (22.072 / 73.608) * (73.608 / 81.081) * (81.081 / 44.5895)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7247 * 0.8933 * 29.99 % * 0.9078 * 1.8184
=32.04 %

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.


Steel Hawk Bhd ROE % Related Terms

Thank you for viewing the detailed overview of Steel Hawk Bhd's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Steel Hawk Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan PJU 1/37, Block H, 23-2 & 25-2, Dataran Prima, Petaling Jaya, SGR, MYS, 47301
Steel Hawk Bhd is engaged in providing technical and engineering support services in the Oil and Gas Industry in Malaysia. It specializes in the installation, repair, refurbishment and replacement, and supply of oilfield equipment such as pig trap systems, fire-rated doors, or oil spill recovery equipment in topside oil and gas facilities. The company is also involved in providing engineering, procurement, construction, and commissioning (EPCC) services for chemical injection skids and maintenance of topside oil and gas facilities. Its reportable segments are; the I&M of oilfield equipment; Supply of oilfield equipment; and EPCC services and facilities improvement and maintenance, which generates maximum revenue. Geographically, it derives key revenue from its customers within Malaysia.

Steel Hawk Bhd Headlines

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