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Aerkomm (Aerkomm) ROE % : -108.09% (As of Mar. 2024)


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What is Aerkomm ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Aerkomm's annualized net income for the quarter that ended in Mar. 2024 was $-26.38 Mil. Aerkomm's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $24.40 Mil. Therefore, Aerkomm's annualized ROE % for the quarter that ended in Mar. 2024 was -108.09%.

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

AKOM' s ROE % Range Over the Past 10 Years
Min: -220.98   Med: -37.07   Max: -18.3
Current: -99.43

During the past 11 years, Aerkomm's highest ROE % was -18.30%. The lowest was -220.98%. And the median was -37.07%.

AKOM's ROE % is ranked worse than
97.22% of 2411 companies
in the Hardware industry
Industry Median: 4.64 vs AKOM: -99.43

Aerkomm ROE % Historical Data

The historical data trend for Aerkomm'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.

Aerkomm ROE % Chart

Aerkomm 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 -18.30 -21.48 -25.64 -40.10 -80.98

Aerkomm 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 -64.49 -26.40 -102.88 -133.72 -108.09

Competitive Comparison of Aerkomm's ROE %

For the Communication Equipment subindustry, Aerkomm'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.


Aerkomm's ROE % Distribution in the Hardware Industry

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

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



Aerkomm ROE % Calculation

Aerkomm'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 )
=-21.074/( (25.068+26.982)/ 2 )
=-21.074/26.025
=-80.98 %

Aerkomm'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 )
=-26.38/( (26.982+21.827)/ 2 )
=-26.38/24.4045
=-108.09 %

* 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.


Aerkomm  (OTCPK:AKOM) 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
=-26.38/24.4045
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-26.38 / 0.212)*(0.212 / 84.3445)*(84.3445 / 24.4045)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12443.4 %*0.0025*3.4561
=ROA %*Equity Multiplier
=-31.11 %*3.4561
=-108.09 %

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
=-26.38/24.4045
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-26.38 / -26.372) * (-26.372 / -20.204) * (-20.204 / 0.212) * (0.212 / 84.3445) * (84.3445 / 24.4045)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0003 * 1.3053 * -9530.19 % * 0.0025 * 3.4561
=-108.09 %

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.


Aerkomm ROE % Related Terms

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


Aerkomm (Aerkomm) Business Description

Traded in Other Exchanges
Address
44043 Fremont Boulevard, Fremont, CA, USA, 94538
Aerkomm Inc is an us-based service provider of in-flight connectivity and entertainment (IFEC) solutions intended to provide airline passengers with a broadband in-flight experience that encompasses a wide range of service options. Its services include Wi-Fi, cellular, movies, gaming, live TV, and music. The company also focuses on providing related content management services and onboard e-commerce solutions such as Connectivity Solutions, Content Solutions, Black Box Live, AirCinema, and others.
Executives
Leroy Yau 10 percent owner UNIT 1601, BLOCK A, VILLA ROCHA, HAPPY VALLEY K3 00000
World Praise Ltd 10 percent owner C/O VISTRA CORPORATION SERVICES CENTER, GROUND FLOOR NFP BUILDING, BEACH ROAD, APIA Y0 00000
Richmond Akumiah director 4 TUNISON LANE, BRIDGEWATER NJ 08807
Yuyun Tristan Kuo officer: Chief Financial Officer 85 SOUTH BRAGG STREET, SUITE 600, ALEXANDRIA VA 22312
Well Thrive Ltd 10 percent owner NO. 79, HENG YANG ROAD, TAIPEI F5 100
Sheng-chun Chang 10 percent owner NO. 79, HENG YANG ROAD, TAIPEI F5 100
Jeffrey Wun director, 10 percent owner, officer: CEO, President and Chairman C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Chih-ming Hsu director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
James J. Busuttil director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Lim Colin director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Raymond Choy director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Jan-yuan Lin director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Dmedia Llc 10 percent owner C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Dmedia Holding Lp 10 percent owner C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451