GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CB Industrial Product Holding Bhd (XKLS:7076) » Definitions » ROE %

CB Industrial Product Holding Bhd (XKLS:7076) ROE % : 18.60% (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is CB Industrial Product Holding Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CB Industrial Product Holding Bhd's annualized net income for the quarter that ended in Dec. 2023 was RM152.2 Mil. CB Industrial Product Holding Bhd's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was RM818.2 Mil. Therefore, CB Industrial Product Holding Bhd's annualized ROE % for the quarter that ended in Dec. 2023 was 18.60%.

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

XKLS:7076' s ROE % Range Over the Past 10 Years
Min: -0.77   Med: 8.11   Max: 16.16
Current: 8.03

During the past 13 years, CB Industrial Product Holding Bhd's highest ROE % was 16.16%. The lowest was -0.77%. And the median was 8.11%.

XKLS:7076's ROE % is ranked better than
56.1% of 2957 companies
in the Industrial Products industry
Industry Median: 6.77 vs XKLS:7076: 8.03

CB Industrial Product Holding Bhd ROE % Historical Data

The historical data trend for CB Industrial Product 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.

CB Industrial Product Holding Bhd ROE % Chart

CB Industrial Product Holding Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.91 7.45 11.16 -0.77 8.77

CB Industrial Product Holding Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 -11.85 -8.21 6.28 7.04 18.60

Competitive Comparison of CB Industrial Product Holding Bhd's ROE %

For the Specialty Industrial Machinery subindustry, CB Industrial Product 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.


CB Industrial Product Holding Bhd's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CB Industrial Product Holding Bhd's ROE % distribution charts can be found below:

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



CB Industrial Product Holding Bhd ROE % Calculation

CB Industrial Product 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 )
=70.897/( (783.476+832.501)/ 2 )
=70.897/807.9885
=8.77 %

CB Industrial Product 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: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=152.184/( (803.957+832.501)/ 2 )
=152.184/818.229
=18.60 %

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


CB Industrial Product Holding Bhd  (XKLS:7076) 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
=152.184/818.229
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(152.184 / 847.292)*(847.292 / 1213.7105)*(1213.7105 / 818.229)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.96 %*0.6981*1.4833
=ROA %*Equity Multiplier
=12.54 %*1.4833
=18.60 %

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
=152.184/818.229
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (152.184 / 182.992) * (182.992 / 101.1) * (101.1 / 847.292) * (847.292 / 1213.7105) * (1213.7105 / 818.229)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8316 * 1.81 * 11.93 % * 0.6981 * 1.4833
=18.60 %

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


CB Industrial Product Holding Bhd ROE % Related Terms

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


CB Industrial Product Holding Bhd (XKLS:7076) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jalan Astaka U8/83, Section 8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150
CB Industrial Product Holding Bhd is an investment holding company. It operates in five segments: Plantation & milling, which is into cultivation of oil palm and production of crude palm oil and palm kernel; Equipment and engineering segment manufactures palm oil equipment and related products, commissioning and contracting works for palm oil mills and trading of palm oil mill processing equipment; Refinery segment is into trading and processing of crude palm oil and related products; Special purpose vehicles; and Investing. The company's geographical segments into Malaysia, Indonesia, Papua New Guinea, Central America, Africa, Liberia, Singapore, and Others. Majority of revenue is generated from the refinery segment.

CB Industrial Product Holding Bhd (XKLS:7076) Headlines

No Headlines