GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GSS Energy Ltd (SGX:41F) » Definitions » ROE %

GSS Energy (SGX:41F) ROE % : -24.82% (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is GSS Energy ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. GSS Energy's annualized net income for the quarter that ended in Dec. 2023 was S$-11.4 Mil. GSS Energy's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was S$46.1 Mil. Therefore, GSS Energy's annualized ROE % for the quarter that ended in Dec. 2023 was -24.82%.

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

SGX:41F' s ROE % Range Over the Past 10 Years
Min: -25.05   Med: 8.51   Max: 52.51
Current: -18.21

During the past 13 years, GSS Energy's highest ROE % was 52.51%. The lowest was -25.05%. And the median was 8.51%.

SGX:41F's ROE % is ranked worse than
85.49% of 2412 companies
in the Hardware industry
Industry Median: 4.53 vs SGX:41F: -18.21

GSS Energy ROE % Historical Data

The historical data trend for GSS Energy'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.

GSS Energy ROE % Chart

GSS Energy Annual Data
Trend Aug14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.26 10.78 8.51 -25.05 -18.39

GSS Energy Semi-Annual Data
Aug13 Feb14 Aug14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 10.84 3.88 -52.13 -12.05 -24.82

Competitive Comparison of GSS Energy's ROE %

For the Electronic Components subindustry, GSS Energy'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.


GSS Energy's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GSS Energy's ROE % distribution charts can be found below:

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



GSS Energy ROE % Calculation

GSS Energy'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 )
=-8.792/( (52.627+42.977)/ 2 )
=-8.792/47.802
=-18.39 %

GSS Energy's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-11.446/( (49.242+42.977)/ 2 )
=-11.446/46.1095
=-24.82 %

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


GSS Energy  (SGX:41F) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-11.446/46.1095
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.446 / 118.432)*(118.432 / 111.8715)*(111.8715 / 46.1095)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9.66 %*1.0586*2.4262
=ROA %*Equity Multiplier
=-10.23 %*2.4262
=-24.82 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-11.446/46.1095
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-11.446 / -11.804) * (-11.804 / -5.69) * (-5.69 / 118.432) * (118.432 / 111.8715) * (111.8715 / 46.1095)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9697 * 2.0745 * -4.8 % * 1.0586 * 2.4262
=-24.82 %

Note: The net income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.


GSS Energy ROE % Related Terms

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


GSS Energy (SGX:41F) Business Description

Traded in Other Exchanges
N/A
Address
Blk 4012 Ang Mo Kio Ave 10, No. 05-01 Techplace 1, Singapore, SGP, 569628
GSS Energy Ltd through its subsidiaries is engaged in providing production technology to multi-national manufacturers in the field of home and car audio entertainment. It also manufactures precision shafts, and drills and distributes oil in Indonesia. The company operates in three reportable segments: Mechanisms division and Microshafts division and Electric vehicle division . Mechanisms division which derives the majority of revenue provides advanced production technology to multi-national manufacturers in the field of home and car audio entertainment, communication, computer and office automation industries and medical industries. Microshafts division concentrates on the manufacturing of high precision shafts.

GSS Energy (SGX:41F) Headlines

No Headlines