Bowman Su's comment on ALPHA. All Comments
Bowman Su
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ALPHA’s return on equity is about 29%, far exceeding the industry's average of 13%. Worth to buy & keep it
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4 days · translate ·
Vallidevani Tugan
How do you get 29%? not 29.25% as shown?
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Bowman Su
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity, so:

RM58m ÷ RM198m (Based on the trailing twelve months to November 2024)
= 29%
Like · 14 hours · translate