DIGI - How Samsung Missed the AI Moment
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
24 minutes ago
- Yahoo
Coraza Integrated Technology Berhad's (KLSE:CORAZA) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Most readers would already be aware that Coraza Integrated Technology Berhad's (KLSE:CORAZA) stock increased significantly by 8.4% over the past month. However, we wonder if the company's inconsistent financials would have any adverse impact on the current share price momentum. In this article, we decided to focus on Coraza Integrated Technology Berhad's ROE. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. How Do You Calculate Return On Equity? ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Coraza Integrated Technology Berhad is: 6.3% = RM8.4m ÷ RM133m (Based on the trailing twelve months to March 2025). The 'return' is the yearly profit. One way to conceptualize this is that for each MYR1 of shareholders' capital it has, the company made MYR0.06 in profit. See our latest analysis for Coraza Integrated Technology Berhad What Is The Relationship Between ROE And Earnings Growth? So far, we've learned that ROE is a measure of a company's profitability. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. A Side By Side comparison of Coraza Integrated Technology Berhad's Earnings Growth And 6.3% ROE At first glance, Coraza Integrated Technology Berhad's ROE doesn't look very promising. However, its ROE is similar to the industry average of 6.2%, so we won't completely dismiss the company. Having said that, Coraza Integrated Technology Berhad's five year net income decline rate was 33%. Remember, the company's ROE is a bit low to begin with. So that's what might be causing earnings growth to shrink. However, when we compared Coraza Integrated Technology Berhad's growth with the industry we found that while the company's earnings have been shrinking, the industry has seen an earnings growth of 11% in the same period. This is quite worrisome. Earnings growth is an important metric to consider when valuing a stock. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. Doing so will help them establish if the stock's future looks promising or ominous. If you're wondering about Coraza Integrated Technology Berhad's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. Is Coraza Integrated Technology Berhad Efficiently Re-investing Its Profits? Coraza Integrated Technology Berhad doesn't pay any regular dividends, meaning that potentially all of its profits are being reinvested in the business, which doesn't explain why the company's earnings have shrunk if it is retaining all of its profits. It looks like there might be some other reasons to explain the lack in that respect. For example, the business could be in decline. Conclusion In total, we're a bit ambivalent about Coraza Integrated Technology Berhad's performance. While the company does have a high rate of profit retention, its low rate of return is probably hampering its earnings growth. With that said, we studied the latest analyst forecasts and found that while the company has shrunk its earnings in the past, analysts expect its earnings to grow in the future. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
24 minutes ago
- Yahoo
Japan index hits record high on earnings boost, other Asian markets ease
By Gregor Stuart Hunter SINGAPORE (Reuters) -Japanese shares surged on Friday after positive earnings reports and expectations the U.S. would remove overlapping tariffs on the country's goods, while shares were down in other Asian markets after a late retreat on Wall Street during the previous session. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.4% with Hong Kong's market leading declines, after U.S. stocks ended the previous session with mild losses after nearing a one-week high. Meanwhile, Japanese stocks soared, with the Nikkei 225 up 2% and the Topix index hitting a fresh record, trading above 3,000 for the first time. Shares in SoftBank Group rallied as much as 11% after the technology investor reported that it swung back to profit in the first quarter. Sony Group gained 6%, adding to its earnings-fuelled 4.1% advance from Thursday. U.S. stock futures, the S&P 500 e-minis, were up 0.3%, while Nasdaq futures rose 0.4%, on track to extend gains into a third day. The rally for stocks comes "against the backdrop of an emerging titanic dovish pivot at the Federal Reserve," said Tony Sycamore, market analyst at IG in Sydney. U.S. President Donald Trump said on Thursday he would nominate Council of Economic Advisers Chairman Stephen Miran for the vacant seat at the Federal Reserve while the White House seeks a permanent addition to the central bank's governing board and continues its search for a new Fed chair. The market is also digesting a Bloomberg News report that Fed Governor Christopher Waller is the top candidate to replace Chair Jerome Powell, whose term ends on May 15, 2026. The yield on benchmark 10-year Treasury notes rose to 4.2461%, up from the U.S. close of 4.244% on Thursday, after weak demand at an auction of 30-year bonds, the latest in a string of lacklustre sales this week. The rally for Japanese stocks follows a mixed bag of earnings reports for the country's biggest exporters, as some companies like Toyota Motor slashed their profit forecasts, while Sony and Honda said the impact would be less than feared. As the effective date of recent U.S. trade duties arrived, Tokyo's trade negotiator said the U.S. government on Thursday promised it would fine-tune some of its overlapping tariffs on Japanese goods to avoid the duties being paid on some products twice. Hong Kong's Hang Seng Index fell 0.6%, with technology shares leading declines and China's blue-chip CSI 300 index slipped 0.1%. Australian stocks were 0.2% lower. The dollar rose 0.1% against the yen to 147.27. Japanese household spending data released Friday, which provides clues to consumption and wage trends that the Bank of Japan is monitoring to determine the timing of its next rate hike, rose at a slower-than-anticipated 1.3%. The European single currency was flat at $1.1669, having gained 2.23% in a month, while the dollar index, which tracks the greenback against a basket of currencies of other major trading partners, was up 0.2% at 98.124. In commodity markets, Brent futures were unchanged at $66.45, while U.S. crude futures were little changed at $63.81 a barrel. Gold was 0.4% lower, with bullion last trading at $3391.157 per ounce. [GOL/]
Forbes
26 minutes ago
- Forbes
See The Best Under A Billion List Of Asia-Pacific's 200 Small And Mid-Sized Companies In Forbes Asia's August Issue
Nikhil Sawhney, vice chairman and managing director of Triveni Turbine. Forbes Asia August 2025 cover S mall and midsized enterprises are a key driver of global economic growth. For over two decades, the best-performing of such companies in the Asia-Pacific region have been highlighted in our Best Under A Billion list. This annual compilation picks 200 companies with sales above $10 million and below $1 billion that are at the top of their game, based on financial and other metrics. Best Under A Billion 2025 Illustration by Terri Po for Forbes Asia A closer look at this stellar group of fast-rising businesses, identified this year by list editors Ardian Wibisono and Yessar Rosendar, from a pool of over 19,000 candidates, reveals emerging trends and often, the hard-charging entrepreneurs behind them. Our cover story subject is one such example. India's Nikhil Sawhney is the vice chairman and managing director of Triveni Turbine, a company appearing on the list for the second year in a row. The Cambridge-educated Sawhney converted his family's domestic maker of steam turbines into a global player of repute in the sub-100 megawatts segment. Nikhil Sawhney, vice chairman and managing director of Triveni Turbine. Harshith Dambekodi for Forbes Asia As Sawhney recounts, since the Triveni brand was virtually unknown compared with the mighty multinationals it competes with, such as Germany's Siemens Energy, he did what minnows have to do: tried harder. This translated into making investments in building the company's tech muscle, which now enables it to offer cost-efficient, customized machines to its clients, who also appreciate Triveni's after-sales service, another big focus of this third-generation entrepreneur. Mariana Beatriz Zobel de Ayala, managing director at Ayala Corporation. geric cruz for forbes asia This edition also spotlights another multigenerational business, which has stood the test of time and is part of the Philippines' 191-year-old Ayala conglomerate. In March, the Zobel de Ayala family picked next-generation family members to drive the group's future: Mariana Beatriz Zobel de Ayala along with her brother Jaime Alfonso and cousin Jaime Urquijo. The eldest daughter of group chairman Jaime Augusto Zobel de Ayala, Mariana was named managing director of holding company Ayala Corp. with a mandate to oversee the makeover and expansion of the family's vast property portfolio under Ayala Land. The eighth-generation scion doesn't take her new role lightly. As she admits: 'It's a huge responsibility.' Mariana's grandfather, 91-year-old Jamie Zobel de Ayala, is among the wealthiest persons in the Philippines, listed at No. 7 with a net worth of $3.4 billion on the list of Philippines' 50 Richest, another notable compilation in this edition. Despite a fall in the benchmark stock index caused by investor jitters over U.S. tariffs, the wealth of the country's tycoons rose 6% to $86 billion. At a time when immigration has become a hot-button issue in the U.S., the list of America's Richest Immigrants featured in these pages is quite an eye-opener. At the top of this ranking of 125 immigrant billionaires with U.S. citizenship is South Africa-born Elon Musk, with Google's Sergey Brin, who hails from Russia, at No. 2; and Nvidia's Taiwan-born founder Jensen Huang in third place. Altogether there are 40 immigrant billionaires from Asia. Of these, a dozen are from India, forming the biggest cohort of immigrant billionaires in America. As always, comments welcome at executiveeditor@
