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LBS Bina Group Bhd (XKLS:5789) ROE % : 7.22% (As of Mar. 2024)


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What is LBS Bina Group Bhd ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. LBS Bina Group Bhd's annualized net income for the quarter that ended in Mar. 2024 was RM122 Mil. LBS Bina Group Bhd's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was RM1,691 Mil. Therefore, LBS Bina Group Bhd's annualized ROE % for the quarter that ended in Mar. 2024 was 7.22%.

The historical rank and industry rank for LBS Bina Group Bhd's ROE % or its related term are showing as below:

XKLS:5789' s ROE % Range Over the Past 10 Years
Min: 3.25   Med: 7.61   Max: 8.6
Current: 8.49

During the past 13 years, LBS Bina Group Bhd's highest ROE % was 8.60%. The lowest was 3.25%. And the median was 7.61%.

XKLS:5789's ROE % is ranked better than
74.12% of 1770 companies
in the Real Estate industry
Industry Median: 2.59 vs XKLS:5789: 8.49

LBS Bina Group Bhd ROE % Historical Data

The historical data trend for LBS Bina Group Bhd'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.

LBS Bina Group Bhd ROE % Chart

LBS Bina Group Bhd 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 5.15 3.25 6.48 8.21 8.60

LBS Bina Group Bhd 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 7.57 8.06 9.74 8.96 7.22

Competitive Comparison of LBS Bina Group Bhd's ROE %

For the Real Estate - Development subindustry, LBS Bina Group Bhd'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.


LBS Bina Group Bhd's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, LBS Bina Group Bhd's ROE % distribution charts can be found below:

* The bar in red indicates where LBS Bina Group Bhd's ROE % falls into.



LBS Bina Group Bhd ROE % Calculation

LBS Bina Group Bhd'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 )
=140.977/( (1601.741+1678.621)/ 2 )
=140.977/1640.181
=8.60 %

LBS Bina Group Bhd'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 )
=122.116/( (1678.621+1703.626)/ 2 )
=122.116/1691.1235
=7.22 %

* 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.


LBS Bina Group Bhd  (XKLS:5789) 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
=122.116/1691.1235
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(122.116 / 1368.344)*(1368.344 / 4370.4405)*(4370.4405 / 1691.1235)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.92 %*0.3131*2.5843
=ROA %*Equity Multiplier
=2.79 %*2.5843
=7.22 %

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
=122.116/1691.1235
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (122.116 / 212.28) * (212.28 / 250.02) * (250.02 / 1368.344) * (1368.344 / 4370.4405) * (4370.4405 / 1691.1235)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5753 * 0.8491 * 18.27 % * 0.3131 * 2.5843
=7.22 %

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.


LBS Bina Group Bhd ROE % Related Terms

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LBS Bina Group Bhd (XKLS:5789) Business Description

Traded in Other Exchanges
Address
No. 1 Jalan SS9/2, Plaza Seri Setia, Level 1-4, Petaling Jaya, SGR, MYS, 47300
LBS Bina Group Bhd is engaged in the real estate business. The company operates through various business segments: Property Development, which develops residential, industrial, and commercial properties; Construction and trading that designs and builds, civil engineering, general construction, piling activities, trading of construction materials, and manufacturing of Industrialised Building systems precast products; Motor racing circuit that develops and manages Motor racing circuits; Management & investment segment includes Investment holding and provision of management services; Hotel Operation; and Others. Its geographical segments include Malaysia, China, and Hong Kong, of which Malaysia derives the vast majority of its revenue.

LBS Bina Group Bhd (XKLS:5789) Headlines

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