GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Handal Energy Bhd (XKLS:7253) » Definitions » ROE %

Handal Energy Bhd (XKLS:7253) ROE % : -37.49% (As of Sep. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Handal Energy Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Handal Energy Bhd's annualized net income for the quarter that ended in Sep. 2024 was RM-8.54 Mil. Handal Energy Bhd's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was RM22.77 Mil. Therefore, Handal Energy Bhd's annualized ROE % for the quarter that ended in Sep. 2024 was -37.49%.

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

XKLS:7253' s ROE % Range Over the Past 10 Years
Min: -26.86   Med: 2.52   Max: 24.61
Current: -19.88

During the past 11 years, Handal Energy Bhd's highest ROE % was 24.61%. The lowest was -26.86%. And the median was 2.52%.

XKLS:7253's ROE % is ranked worse than
82.02% of 990 companies
in the Oil & Gas industry
Industry Median: 6.385 vs XKLS:7253: -19.88

Handal Energy Bhd ROE % Historical Data

The historical data trend for Handal Energy 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.

Handal Energy Bhd ROE % Chart

Handal Energy Bhd Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Jun20 Jun21
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.07 -12.65 -3.21 -26.86 -4.14

Handal Energy Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 98.79 -22.79 -41.67 -33.44 -37.49

Competitive Comparison of Handal Energy Bhd's ROE %

For the Oil & Gas Equipment & Services subindustry, Handal Energy 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.


Handal Energy Bhd's ROE % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Handal Energy Bhd's ROE % falls into.



Handal Energy Bhd ROE % Calculation

Handal Energy Bhd's annualized ROE % for the fiscal year that ended in Jun. 2021 is calculated as

ROE %=Net Income (A: Jun. 2021 )/( (Total Stockholders Equity (A: Jun. 2020 )+Total Stockholders Equity (A: Jun. 2021 ))/ count )
=-3.116/( (75.385+75.119)/ 2 )
=-3.116/75.252
=-4.14 %

Handal Energy Bhd's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=-8.536/( (45.488+0.047)/ 2 )
=-8.536/22.7675
=-37.49 %

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


Handal Energy Bhd  (XKLS:7253) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-8.536/22.7675
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8.536 / 9.596)*(9.596 / 103.609)*(103.609 / 22.7675)
=Net Margin %*Asset Turnover*Equity Multiplier
=-88.95 %*0.0926*4.5507
=ROA %*Equity Multiplier
=-8.24 %*4.5507
=-37.49 %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-8.536/22.7675
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-8.536 / -12.808) * (-12.808 / -12.808) * (-12.808 / 9.596) * (9.596 / 103.609) * (103.609 / 22.7675)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6665 * 1 * -133.47 % * 0.0926 * 4.5507
=-37.49 %

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


Handal Energy Bhd ROE % Related Terms

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


Handal Energy Bhd Business Description

Traded in Other Exchanges
N/A
Address
Mukim Teluk Kalong, Lot PT7358, Kawasan Perindustrian Teluk Kalong, Kemaman, Terengganu Darul Iman, TRG, MYS, 24007
Handal Energy Bhd provides integrated crane services in Malaysia. The company's operating segment includes Investment holding; Integrated, maintenance, repair and overhaul services; and other segments. It generates maximum revenue from the Integrated, maintenance, repair and overhaul services segment. Geographically, it operates only in Malaysia.

Handal Energy Bhd Headlines

No Headlines