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Global Mixed-Mode Technology (TPE:8081) ROE % : 22.08% (As of Mar. 2024)


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What is Global Mixed-Mode Technology ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Global Mixed-Mode Technology's annualized net income for the quarter that ended in Mar. 2024 was NT$1,512 Mil. Global Mixed-Mode Technology's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was NT$6,848 Mil. Therefore, Global Mixed-Mode Technology's annualized ROE % for the quarter that ended in Mar. 2024 was 22.08%.

The historical rank and industry rank for Global Mixed-Mode Technology's ROE % or its related term are showing as below:

TPE:8081' s ROE % Range Over the Past 10 Years
Min: 8.09   Med: 16.75   Max: 41.07
Current: 24.76

During the past 13 years, Global Mixed-Mode Technology's highest ROE % was 41.07%. The lowest was 8.09%. And the median was 16.75%.

TPE:8081's ROE % is ranked better than
92.84% of 978 companies
in the Semiconductors industry
Industry Median: 4.405 vs TPE:8081: 24.76

Global Mixed-Mode Technology ROE % Historical Data

The historical data trend for Global Mixed-Mode Technology'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.

Global Mixed-Mode Technology ROE % Chart

Global Mixed-Mode Technology 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 18.44 23.99 41.07 30.57 21.52

Global Mixed-Mode Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 16.79 28.10 31.62 16.40 22.08

Competitive Comparison of Global Mixed-Mode Technology's ROE %

For the Semiconductors subindustry, Global Mixed-Mode Technology'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.


Global Mixed-Mode Technology's ROE % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Global Mixed-Mode Technology's ROE % distribution charts can be found below:

* The bar in red indicates where Global Mixed-Mode Technology's ROE % falls into.



Global Mixed-Mode Technology ROE % Calculation

Global Mixed-Mode Technology'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 )
=1486.073/( (6527.252+7286.559)/ 2 )
=1486.073/6906.9055
=21.52 %

Global Mixed-Mode Technology's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=1512.016/( (7286.559+6408.702)/ 2 )
=1512.016/6847.6305
=22.08 %

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


Global Mixed-Mode Technology  (TPE:8081) 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. 2024 )
=Net Income/Total Stockholders Equity
=1512.016/6847.6305
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1512.016 / 7755.668)*(7755.668 / 10688.4765)*(10688.4765 / 6847.6305)
=Net Margin %*Asset Turnover*Equity Multiplier
=19.5 %*0.7256*1.5609
=ROA %*Equity Multiplier
=14.15 %*1.5609
=22.08 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=1512.016/6847.6305
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1512.016 / 1877.648) * (1877.648 / 1496.536) * (1496.536 / 7755.668) * (7755.668 / 10688.4765) * (10688.4765 / 6847.6305)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8053 * 1.2547 * 19.3 % * 0.7256 * 1.5609
=22.08 %

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


Global Mixed-Mode Technology ROE % Related Terms

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Global Mixed-Mode Technology (TPE:8081) Business Description

Traded in Other Exchanges
N/A
Address
No.186, Jian-Yi Road, 4th Floor-1, Jhonghe District, New Taipei City, TWN, 23553
Global Mixed-Mode Technology Inc is a Taiwan-based company principally engaged in the manufacture and distribution of analog and mixed-signal integrated circuits (ICs). It offers power management ICs, temperature detection ICs and audio frequency operational amplifier ICs, among others which are applied in the manufacture of notebook computers, disk players, mobile phones, digital still cameras (DSCs), projectors and thin film transistor (TFT) panels, among others.

Global Mixed-Mode Technology (TPE:8081) Headlines

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