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Yasons Chemex Care (NSE:YCCL) ROE % : 18.06% (As of Mar. 2023)


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What is Yasons Chemex Care ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Yasons Chemex Care's annualized net income for the quarter that ended in Mar. 2023 was ₹34.3 Mil. Yasons Chemex Care's average Total Stockholders Equity over the quarter that ended in Mar. 2023 was ₹190.0 Mil. Therefore, Yasons Chemex Care's annualized ROE % for the quarter that ended in Mar. 2023 was 18.06%.

The historical rank and industry rank for Yasons Chemex Care's ROE % or its related term are showing as below:

NSE:YCCL' s ROE % Range Over the Past 10 Years
Min: 5   Med: 8.56   Max: 18.06
Current: 18.06

During the past 5 years, Yasons Chemex Care's highest ROE % was 18.06%. The lowest was 5.00%. And the median was 8.56%.

NSE:YCCL's ROE % is ranked better than
89.34% of 1539 companies
in the Chemicals industry
Industry Median: 5.27 vs NSE:YCCL: 18.06

Yasons Chemex Care ROE % Historical Data

The historical data trend for Yasons Chemex Care'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.

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Yasons Chemex Care ROE % Chart

Yasons Chemex Care Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
5.00 8.56 8.53 11.98 18.06

Yasons Chemex Care Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Mar23
ROE % 5.00 8.56 8.53 11.98 18.06

Competitive Comparison of Yasons Chemex Care's ROE %

For the Specialty Chemicals subindustry, Yasons Chemex Care'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.


Yasons Chemex Care's ROE % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yasons Chemex Care's ROE % distribution charts can be found below:

* The bar in red indicates where Yasons Chemex Care's ROE % falls into.



Yasons Chemex Care ROE % Calculation

Yasons Chemex Care's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=34.316/( (172.856+207.203)/ 2 )
=34.316/190.0295
=18.06 %

Yasons Chemex Care's annualized ROE % for the quarter that ended in Mar. 2023 is calculated as

ROE %=Net Income (Q: Mar. 2023 )/( (Total Stockholders Equity (Q: Mar. 2022 )+Total Stockholders Equity (Q: Mar. 2023 ))/ count )
=34.316/( (172.856+207.203)/ 2 )
=34.316/190.0295
=18.06 %

* 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 one times the annual (Mar. 2023) net income data. ROE % is displayed in the 30-year financial page.


Yasons Chemex Care  (NSE:YCCL) 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. 2023 )
=Net Income/Total Stockholders Equity
=34.316/190.0295
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(34.316 / 367.727)*(367.727 / 276.8935)*(276.8935 / 190.0295)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.33 %*1.328*1.4571
=ROA %*Equity Multiplier
=12.39 %*1.4571
=18.06 %

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. 2023 )
=Net Income/Total Stockholders Equity
=34.316/190.0295
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (34.316 / 42.178) * (42.178 / 3.951) * (3.951 / 367.727) * (367.727 / 276.8935) * (276.8935 / 190.0295)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8136 * 10.6753 * 1.07 % * 1.328 * 1.4571
=18.06 %

Note: The net income data used here is one times the annual (Mar. 2023) net income data. The Revenue data used here is one times the annual (Mar. 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.


Yasons Chemex Care ROE % Related Terms

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Yasons Chemex Care (NSE:YCCL) Business Description

Traded in Other Exchanges
N/A
Address
132ft Ring Road, 4th floor, 412 Sigma Icon-1, Opposite Medilink Hospital, Satellite, Ahmedabad, GJ, IND, 380015
Yasons Chemex Care Ltd is engaged in manufacturing dyes & pigment paste, IMCG, and FMCG products. The IMCG products of the company includes Textile dyes, pigments and paints. The Company also manufactures a wide range of pigment paste from various chemicals. Within FMCG it manufactures or packages products such as hair oil, perfumes & deodorant, handmade soap, sanitizer, etc., under its brand name PLXO.

Yasons Chemex Care (NSE:YCCL) Headlines

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