Garmex Saigon

Garmex Saigon ROE

The Return on Equity (ROE) of Garmex Saigon (GMC.VN) as of Oct 23, 2026 is -13.24 %. In the previous year, Return on Equity (ROE) was -18.90 % — a change of -29.97% (higher).

ROE

-13.24 %

YoY

-29.97%

Last updated:

In 2023, Garmex Saigon's return on equity (ROE) was -13.24 %, a -29.97% increase from the -18.90 % ROE in the previous year.

The Garmex Saigon ROE history

  • 3 Years

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  • Max

ROE
Date
ROE
Jan 1, 2016
21.90 VND
Jan 1, 2017
17.18 VND
Jan 1, 2018
31.80 VND
Jan 1, 2019
21.62 VND
Jan 1, 2020
7.04 VND
Jan 1, 2021
5.76 VND
Jan 1, 2022
-18.90 VND
Jan 1, 2023
-13.24 VND
The Garmex Saigon ROE history
YEARROEYoY
-13.24 %-29.97%
-18.90 %-428.13%
5.76 %-18.19%
7.04 %-67.43%
21.62 %-32.01%
31.80 %+85.04%
17.18 %-21.53%
21.90 %-1.06%
22.13 %—

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Garmex Saigon Stock analysis

What does Garmex Saigon do? Garmex Saigon Corp, listed on the Vietnamese stock market with ticker GMC.VN and ISIN VN000000GMC2, is a company operating in the Consumer Discretionary sector, specifically within the Textiles, Apparel & Luxury Goods industry. Headquartered in Ho Chi Minh City, Vietnam, the company has 1,982 employees. It went public on December 22, 2006. Garmex Saigon Corp is engaged in the manufacture of knitted and woven garments, producing apparel and accessories. The company also provides laundry services and trades materials, supplies, and machinery related to garment manufacturing. Its website is https://www.garmex.vn/. The company's operations include textile production and the trade of materials necessary for garment manufacturing. Garmex Saigon Corp serves the domestic market in Vietnam and potentially exports its products. The company's activities span from textile production to the final sale of garments, covering a comprehensive range of services within the apparel industry. The firm's focus on both manufacturing and trading positions it within the broader textile and apparel supply chain. Garmex Saigon is one of the most popular companies on Eulerpool.

ROE Details

Decoding Garmex Saigon's Return on Equity (ROE)

Garmex Saigon'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 Garmex Saigon'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

Garmex Saigon'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 Garmex Saigon’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 Garmex Saigon stock

Return on Equity (ROE) of Garmex Saigon is -13.24 % in 2023.

Return on Equity (ROE) of Garmex Saigon changed from -18.90 % to -13.24 %, representing a -29.97% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Equity (ROE) Garmex Saigon since 2006 – with annual values, charts, and detailed analysis.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Equity (ROE)'s Garmex Saigon with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Equity (ROE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Equity (ROE).

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Profitability — Garmex Saigon

All Key Metrics — Garmex Saigon