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Toyo Ventures Holdings Bhd (XKLS:7173) ROE % : -36.46% (As of Mar. 2024)


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What is Toyo Ventures Holdings Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Toyo Ventures Holdings Bhd's annualized net income for the quarter that ended in Mar. 2024 was RM-51.94 Mil. Toyo Ventures Holdings Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was RM142.44 Mil. Therefore, Toyo Ventures Holdings Bhd's annualized ROE % for the quarter that ended in Mar. 2024 was -36.46%.

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

XKLS:7173' s ROE % Range Over the Past 10 Years
Min: -7.66   Med: 1.3   Max: 5.19
Current: -7.66

During the past 13 years, Toyo Ventures Holdings Bhd's highest ROE % was 5.19%. The lowest was -7.66%. And the median was 1.30%.

XKLS:7173's ROE % is ranked worse than
85.35% of 1536 companies
in the Chemicals industry
Industry Median: 5.24 vs XKLS:7173: -7.66

Toyo Ventures Holdings Bhd ROE % Historical Data

The historical data trend for Toyo Ventures 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.

Toyo Ventures Holdings Bhd ROE % Chart

Toyo Ventures Holdings Bhd Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep22 Sep23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.17 0.76 3.87 -0.64 0.63

Toyo Ventures Holdings Bhd Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.85 5.67 -2.40 2.84 -36.46

Competitive Comparison of Toyo Ventures Holdings Bhd's ROE %

For the Specialty Chemicals subindustry, Toyo Ventures 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.


Toyo Ventures Holdings Bhd's ROE % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toyo Ventures Holdings Bhd's ROE % distribution charts can be found below:

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



Toyo Ventures Holdings Bhd ROE % Calculation

Toyo Ventures Holdings Bhd's annualized ROE % for the fiscal year that ended in Sep. 2023 is calculated as

ROE %=Net Income (A: Sep. 2023 )/( (Total Stockholders Equity (A: Sep. 2022 )+Total Stockholders Equity (A: Sep. 2023 ))/ count )
=0.886/( (140.994+140.814)/ 2 )
=0.886/140.904
=0.63 %

Toyo Ventures Holdings Bhd's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-51.94/( (142.793+142.092)/ 2 )
=-51.94/142.4425
=-36.46 %

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


Toyo Ventures Holdings Bhd  (XKLS:7173) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-51.94/142.4425
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-51.94 / 74.948)*(74.948 / 578.161)*(578.161 / 142.4425)
=Net Margin %*Asset Turnover*Equity Multiplier
=-69.3 %*0.1296*4.0589
=ROA %*Equity Multiplier
=-8.98 %*4.0589
=-36.46 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-51.94/142.4425
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-51.94 / -51.808) * (-51.808 / 2.864) * (2.864 / 74.948) * (74.948 / 578.161) * (578.161 / 142.4425)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0025 * -18.0894 * 3.82 % * 0.1296 * 4.0589
=-36.46 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Toyo Ventures Holdings Bhd ROE % Related Terms

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Toyo Ventures Holdings Bhd (XKLS:7173) Business Description

Traded in Other Exchanges
N/A
Address
PT 3477, Jalan 6/1, Kawasan Perusahaan Seri Kembangan, Seri Kembangan, SGR, MYS, 43300
Toyo Ventures Holdings Bhd formerly Toyo Ink Group Bhd is a Malaysia-based investment holding company engaged in the manufacturing business and operation of power plant business. The company operates in three reporting segments: Manufacturing, Trading and investment holding, and Energy. The manufacturing segment includes Manufacturing printing ink, color pigment, colorants for plastic, EDM cut-the-wire, and graphic art. The Trading and investment holding segment includes Investment holding of the investments in subsidiary companies and property investment. The energy segment includes Investment and development of the thermal-electric power plant project in Vietnam. The majority of revenue is derived from the manufacturing segment.

Toyo Ventures Holdings Bhd (XKLS:7173) Headlines

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