Genting Malaysia Bhd - Stock

Genting Malaysia Bhd ROE 2024

Genting Malaysia Bhd ROE

0.03

Genting Malaysia Bhd Dividend yield

5.66 %

Ticker

GENM.KL

ISIN

MYL4715OO008

In 2024, Genting Malaysia Bhd's return on equity (ROE) was 0.03, a -391.41% increase from the -0.01 ROE in the previous year.

Genting Malaysia Bhd Aktienanalyse

What does Genting Malaysia Bhd do?

Genting Malaysia Bhd is a multinational company headquartered in Malaysia. It was founded in 1980 and has become one of the largest companies in the country. It is best known for its casinos and gambling destinations in Malaysia. The business model of Genting Malaysia Bhd is based on operating integrated resorts that offer a variety of entertainment options. These resorts are designed as international tourist attractions and consist of casinos, hotels, shopping centers, restaurants, theaters, and other entertainment facilities. The resorts are designed to meet the expectations of guests and provide a memorable experience. Genting Malaysia Bhd is divided into various business segments. The majority of the company's revenue comes from operating casinos and gambling. The company operates the largest casino resort in Malaysia, catering to thousands of customers per day. The company also operates hotels and other accommodations in Malaysia. These hotels offer affordable rooms and are among the most popular accommodations in Malaysia. In recent years, the company has expanded its hotel operations and now operates hotels in other countries as well. One of Genting Malaysia Bhd's newest divisions is the theme park sector. The company has built the largest indoor theme park in Asia, the First World Plaza, in its own resort in Genting Highlands. The area offers a variety of rides and attractions, geared towards the needs of families and children. The company is also involved in online gambling and operates several websites where customers can play online. The websites offer a variety of games, including poker, slot machines, and other table games. Another product offered by Genting Malaysia Bhd is cruises. The company operates the Dream Cruises fleet, which offers customers cruises to various destinations in Asia. The cruises are typically targeted towards Asian customers and offer a range of entertainment options on board. The history of Genting Malaysia Bhd dates back to 1965 when founder Tan Sri Lim Goh Tong established the Genting Group. The company initially operated as a rubber plantation business but quickly expanded into other areas, including the construction of hotels and gambling destinations. Today, Genting Group is a multinational corporation headquartered in Malaysia and operates in multiple industries. In recent years, Genting Malaysia Bhd has pursued expansion and increased its presence in many Asian countries. The company has also announced plans to develop resorts and casinos in the United States in recent years in order to establish a global presence. Overall, Genting Malaysia Bhd is a company known for its casinos and gambling destinations, but it also offers a wide range of other services and products. In recent years, the company has placed a strong focus on expansion and growth and is expected to continue playing a central role in the Asian entertainment and tourism industry in the future. Genting Malaysia Bhd ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Genting Malaysia Bhd's Return on Equity (ROE)

Genting Malaysia Bhd's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Genting Malaysia Bhd's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Genting Malaysia Bhd's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Genting Malaysia Bhd’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Genting Malaysia Bhd Stock

What is the ROE (Return on Equity) of Genting Malaysia Bhd this year?

The ROE of Genting Malaysia Bhd this year is 0.03 undefined.

How has the Return on Equity (ROE) of Genting Malaysia Bhd developed compared to the previous year?

The ROE of Genting Malaysia Bhd has increased by -391.41% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Genting Malaysia Bhd?

A high ROE indicates that Genting Malaysia Bhd generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Genting Malaysia Bhd?

A low ROE can indicate that Genting Malaysia Bhd is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Genting Malaysia Bhd affect the company?

A change in ROE (Return on Equity) of Genting Malaysia Bhd can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Genting Malaysia Bhd?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Genting Malaysia Bhd?

Some factors that can influence Genting Malaysia Bhd's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Genting Malaysia Bhd pay?

Over the past 12 months, Genting Malaysia Bhd paid a dividend of 0.15 MYR . This corresponds to a dividend yield of about 5.66 %. For the coming 12 months, Genting Malaysia Bhd is expected to pay a dividend of 0.15 MYR.

What is the dividend yield of Genting Malaysia Bhd?

The current dividend yield of Genting Malaysia Bhd is 5.66 %.

When does Genting Malaysia Bhd pay dividends?

Genting Malaysia Bhd pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Genting Malaysia Bhd?

Genting Malaysia Bhd paid dividends every year for the past 23 years.

What is the dividend of Genting Malaysia Bhd?

For the upcoming 12 months, dividends amounting to 0.15 MYR are expected. This corresponds to a dividend yield of 5.63 %.

In which sector is Genting Malaysia Bhd located?

Genting Malaysia Bhd is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Genting Malaysia Bhd kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Genting Malaysia Bhd from 4/15/2024 amounting to 0.09 MYR, you needed to have the stock in your portfolio before the ex-date on 3/20/2024.

When did Genting Malaysia Bhd pay the last dividend?

The last dividend was paid out on 4/15/2024.

What was the dividend of Genting Malaysia Bhd in the year 2023?

In the year 2023, Genting Malaysia Bhd distributed 0.15 MYR as dividends.

In which currency does Genting Malaysia Bhd pay out the dividend?

The dividends of Genting Malaysia Bhd are distributed in MYR.

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Andere Kennzahlen von Genting Malaysia Bhd

Our stock analysis for Genting Malaysia Bhd Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Genting Malaysia Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.