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Feytech Holdings Bhd (XKLS:5322) ROE % : 28.41% (As of Jun. 2024)


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What is Feytech Holdings Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Feytech Holdings Bhd's annualized net income for the quarter that ended in Jun. 2024 was RM66.8 Mil. Feytech Holdings Bhd's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was RM235.2 Mil. Therefore, Feytech Holdings Bhd's annualized ROE % for the quarter that ended in Jun. 2024 was 28.41%.

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

XKLS:5322' s ROE % Range Over the Past 10 Years
Min: 14.2   Med: 28.81   Max: 34.86
Current: 14.2

During the past 4 years, Feytech Holdings Bhd's highest ROE % was 34.86%. The lowest was 14.20%. And the median was 28.81%.

XKLS:5322's ROE % is ranked better than
76.86% of 1279 companies
in the Vehicles & Parts industry
Industry Median: 6.61 vs XKLS:5322: 14.20

Feytech Holdings Bhd ROE % Historical Data

The historical data trend for Feytech Holdings 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.

Feytech Holdings Bhd ROE % Chart

Feytech Holdings Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
28.65 28.00 34.86 28.97

Feytech Holdings Bhd Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Jun24
ROE % - - - - 28.41

Competitive Comparison of Feytech Holdings Bhd's ROE %

For the Auto Parts subindustry, Feytech Holdings 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.


Feytech Holdings Bhd's ROE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Feytech Holdings Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where Feytech Holdings Bhd's ROE % falls into.



Feytech Holdings Bhd ROE % Calculation

Feytech Holdings 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 )
=43.876/( (85.482+217.444)/ 2 )
=43.876/151.463
=28.97 %

Feytech Holdings Bhd's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=66.808/( (217.444+252.918)/ 2 )
=66.808/235.181
=28.41 %

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


Feytech Holdings Bhd  (XKLS:5322) 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: Jun. 2024 )
=Net Income/Total Stockholders Equity
=66.808/235.181
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(66.808 / 277.68)*(277.68 / 302.805)*(302.805 / 235.181)
=Net Margin %*Asset Turnover*Equity Multiplier
=24.06 %*0.917*1.2875
=ROA %*Equity Multiplier
=22.06 %*1.2875
=28.41 %

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: Jun. 2024 )
=Net Income/Total Stockholders Equity
=66.808/235.181
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (66.808 / 90.802) * (90.802 / 92.036) * (92.036 / 277.68) * (277.68 / 302.805) * (302.805 / 235.181)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7358 * 0.9866 * 33.14 % * 0.917 * 1.2875
=28.41 %

Note: The net income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Feytech Holdings Bhd ROE % Related Terms

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Feytech Holdings Bhd Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 1, Jalan Bayu 2/6, Kawasan Perindustrian Tampoi Jaya, Johor Darul Ta'zim, Bahru, JHR, MYS, 81200
Feytech Holdings Bhd Is an holding company. Through its subsidiaries, it is engaged in automotive cover manufacturer and automotive seat manufacturer based in Malaysia. It manufacture automotive covers for the OEM market segment that comprises automotive vehicle such as Mazda Malaysia (for Mazda 3, CX-5, CX-8 and CX-30 car models) and Kia Malaysia (for Kia Carnival and Sorento car models), as well as Tier 1 automotive seat and/or interior part manufacturers which serve automotive vehicle OEMs for brands such as Local OEM, Mazda and Hyundai.

Feytech Holdings Bhd Headlines

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