GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tien Wah Press Holdings Bhd (XKLS:7374) » Definitions » ROE %

Tien Wah Press Holdings Bhd (XKLS:7374) ROE % : 1.08% (As of Sep. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Tien Wah Press Holdings Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tien Wah Press Holdings Bhd's annualized net income for the quarter that ended in Sep. 2024 was RM2.9 Mil. Tien Wah Press Holdings Bhd's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was RM269.9 Mil. Therefore, Tien Wah Press Holdings Bhd's annualized ROE % for the quarter that ended in Sep. 2024 was 1.08%.

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

XKLS:7374' s ROE % Range Over the Past 10 Years
Min: -6.48   Med: 0.91   Max: 19.29
Current: 2.53

During the past 13 years, Tien Wah Press Holdings Bhd's highest ROE % was 19.29%. The lowest was -6.48%. And the median was 0.91%.

XKLS:7374's ROE % is ranked worse than
69.65% of 1028 companies
in the Business Services industry
Industry Median: 8.395 vs XKLS:7374: 2.53

Tien Wah Press Holdings Bhd ROE % Historical Data

The historical data trend for Tien Wah Press 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.

Tien Wah Press Holdings Bhd ROE % Chart

Tien Wah Press Holdings 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 -6.48 -0.41 2.22 -5.53 3.14

Tien Wah Press Holdings Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 3.46 5.87 0.38 2.64 1.08

Competitive Comparison of Tien Wah Press Holdings Bhd's ROE %

For the Specialty Business Services subindustry, Tien Wah Press 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.


Tien Wah Press Holdings Bhd's ROE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tien Wah Press Holdings Bhd's ROE % distribution charts can be found below:

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



Tien Wah Press Holdings Bhd ROE % Calculation

Tien Wah Press 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 )
=8.582/( (268.282+278.292)/ 2 )
=8.582/273.287
=3.14 %

Tien Wah Press Holdings 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: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=2.928/( (284.927+254.923)/ 2 )
=2.928/269.925
=1.08 %

* 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.


Tien Wah Press Holdings Bhd  (XKLS:7374) 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
=2.928/269.925
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.928 / 303.072)*(303.072 / 470.416)*(470.416 / 269.925)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.97 %*0.6443*1.7428
=ROA %*Equity Multiplier
=0.62 %*1.7428
=1.08 %

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
=2.928/269.925
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2.928 / 16.788) * (16.788 / 23.632) * (23.632 / 303.072) * (303.072 / 470.416) * (470.416 / 269.925)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.1744 * 0.7104 * 7.8 % * 0.6443 * 1.7428
=1.08 %

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.


Tien Wah Press Holdings Bhd ROE % Related Terms

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


Tien Wah Press Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Jalan Prof. Khoo Kay Kim, Lot 03-8, 8th Floor, Menara Symphony, Seksyen 13, Petaling Jaya, SGR, MYS, 46200
Tien Wah Press Holdings Bhd is a print packaging company. It offers a packaging solution and produces mainly gravure and offset printed materials for tobacco packaging including cigarette packs, fast-moving consumer product packaging, and labels. Products of the group include flat unglued blanks, crash bottom or auto-lock cartons, labeled cartons, cartons with peelable labels/stickers, clamshells, and trays, UV coated cartons, glued skillet cartons, multiwall cartons comprising inner frames, cartons with CD inserts and barrier coated carton for grease and moisture resistance. The operating segment of the company is Printing and Trading and is managed on a worldwide basis and manufacturing facilities and sales offices are in Malaysia, Vietnam, Australia, United Arab Emirates, and Hong Kong.

Tien Wah Press Holdings Bhd Headlines

No Headlines