KLSE (MYR): DNEX (4456)
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Last Price
0.49
Today's Change
0.00 (0.00%)
Day's Change
0.485 - 0.495
Trading Volume
28,485,500
2024-06-21
2024-06-20
2024-06-20
2024-06-19
2024-06-19
2024-06-18
Mabel
23,403 posts
Posted by Mabel > 2022-12-14 11:39 | Report Abuse
Dagang NeXchange Berhad's ROE looks acceptable. Further, the company's ROE compares quite favorably to the industry average of 11%. This certainly adds some context to Dagang NeXchange Berhad's exceptional 65% net income growth seen over the past five years. We reckon that there could also be other factors at play here. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio.
Next, on comparing with the industry net income growth, we found that the growth figure reported by Dagang NeXchange Berhad compares quite favourably to the industry average, which shows a decline of 0.3% in the same period.