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Angel Robotics Co (XKRX:455900) ROE % : -19.54% (As of Sep. 2024)


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What is Angel Robotics Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Angel Robotics Co's annualized net income for the quarter that ended in Sep. 2024 was ₩-8,673 Mil. Angel Robotics Co's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was ₩44,398 Mil. Therefore, Angel Robotics Co's annualized ROE % for the quarter that ended in Sep. 2024 was -19.54%.

The historical rank and industry rank for Angel Robotics Co's ROE % or its related term are showing as below:

XKRX:455900' s ROE % Range Over the Past 10 Years
Min: -40.33   Med: -40.33   Max: -27.27
Current: -27.27

During the past 4 years, Angel Robotics Co's highest ROE % was -27.27%. The lowest was -40.33%. And the median was -40.33%.

XKRX:455900's ROE % is ranked worse than
89.13% of 2383 companies
in the Hardware industry
Industry Median: 4.81 vs XKRX:455900: -27.27

Angel Robotics Co ROE % Historical Data

The historical data trend for Angel Robotics Co'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.

Angel Robotics Co ROE % Chart

Angel Robotics Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
-40.33 - - -

Angel Robotics Co Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROE % Get a 7-Day Free Trial Premium Member Only -175.78 -62.47 -35.60 -20.98 -19.54

Competitive Comparison of Angel Robotics Co's ROE %

For the Computer Hardware subindustry, Angel Robotics Co'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.


Angel Robotics Co's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Angel Robotics Co's ROE % distribution charts can be found below:

* The bar in red indicates where Angel Robotics Co's ROE % falls into.


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Angel Robotics Co ROE % Calculation

Angel Robotics Co'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 )
=-9238.952/( (-19785.45+8677.896)/ 2 )
=-9238.952/-5553.777
=N/A %

Angel Robotics Co'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 )
=-8673.436/( (45454.578+43341.989)/ 2 )
=-8673.436/44398.2835
=-19.54 %

* 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.


Angel Robotics Co  (XKRX:455900) 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
=-8673.436/44398.2835
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8673.436 / 3781.956)*(3781.956 / 47540.697)*(47540.697 / 44398.2835)
=Net Margin %*Asset Turnover*Equity Multiplier
=-229.34 %*0.0796*1.0708
=ROA %*Equity Multiplier
=-18.26 %*1.0708
=-19.54 %

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
=-8673.436/44398.2835
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-8673.436 / -8673.436) * (-8673.436 / -9553.076) * (-9553.076 / 3781.956) * (3781.956 / 47540.697) * (47540.697 / 44398.2835)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9079 * -252.6 % * 0.0796 * 1.0708
=-19.54 %

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.


Angel Robotics Co ROE % Related Terms

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Angel Robotics Co Business Description

Traded in Other Exchanges
N/A
Address
37, Seongsui-ro 22-gil, Seongdong-gu, Rooms 1405-1407, 14th floor, Seoul, KOR
Angel Robotics Co Ltd is a company which is engaged in the business of researching, developing, manufacturing, and selling intelligent wearable robots. It manufactures and sell their core products, angel MEDI (wearable robot specializing in rehabilitation medicine), angel GEAR (industrial wearable robot), angel SUIT (wearable robot for daily life assistance), and angel KIT (core robot parts such as motor drivers and smart actuators). The company is engaged in business such as research and development services for wearable robots for defense purposes.

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