MITNF
Price:
$0.57
Market Cap:
$2.57B
Mi Technovation Berhad, an investment holding company, designs, develops, manufactures, and sells wafer level chip scale packaging (WLCSP) sorting machines for the semiconductor industry in Southeast Asia, Northeast Asia, and North Atlantic. The company operates through three segments: Semiconductor Equipment Business Unit, Semiconductor Material Business Unit, and Others. It offers Mi series product for advanced packaging and die sorting tape and reel machine with vision inspection for smartphones, tablets, wireless wearable devices, Bluetooth, near field sensing, and sensor applications; and Vi series product for wafer and package inspection in 2D and 3D mode for telecommunication and IoT ...[Read more]
Industry
Semiconductors
IPO Date
2022-01-20
Stock Exchange
OTC
Ticker
MITNF
According to Mi Technovation Berhad’s latest financial reports and current stock price. The company's current ROE is 4.50%. This represents a change of 300.33% compared to the average of 1.12% of the last 4 quarters.
The mean historical ROE of Mi Technovation Berhad over the last ten years is 17.67%. The current 4.50% ROE has changed -74.55% with respect to the historical average. Over the past ten years (40 quarters), MITNF's ROE was at its highest in in the June 2018 quarter at 5.19%. The ROE was at its lowest in in the September 2024 quarter at -0.69%.
Average
17.67%
Median
13.66%
Minimum
5.13%
Maximum
67.17%
Discovering the peaks and valleys of Mi Technovation Berhad ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 28.89%
Maximum Annual ROE = 67.17%
Minimum Annual Increase = -65.33%
Minimum Annual ROE = 5.13%
| Year | ROE | Change |
|---|---|---|
| 2024 | 6.61% | 28.89% |
| 2023 | 5.13% | -21.60% |
| 2022 | 6.54% | 8.91% |
| 2021 | 6.00% | -56.83% |
| 2020 | 13.91% | -10.73% |
| 2019 | 15.58% | 16.23% |
| 2018 | 13.40% | -29.80% |
| 2017 | 19.10% | -18.01% |
| 2016 | 23.29% | -65.33% |
The current ROE of Mi Technovation Berhad (MITNF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
6.09%
5-year avg
7.64%
10-year avg
17.67%
Mi Technovation Berhad’s ROE is less than Pro-Ship Incorporated (26.71%), less than Techpoint, Inc. (20.76%), less than Comture Corporation (17.87%), less than Ryosan Company, Limited (4.50%), greater than Hana Microelectronics Public Company Limited (-2.93%), less than Sato Holdings Corporation (9.48%), greater than Nitro Software Limited (-36.62%), greater than Pivotal Systems Corporation (-106.72%), greater than BluGlass Limited (-102.16%), less than Smartt, Inc. (0.24%),
| Company | ROE | Market cap |
|---|---|---|
| 26.71% | $251.32M | |
| 20.76% | $363.32M | |
| 17.87% | $470.75M | |
| 4.50% | $539.99M | |
| -2.93% | $577.19M | |
| 9.48% | $465.23M | |
| -36.62% | $480.31M | |
| -106.72% | $691.54M | |
| -102.16% | $52.20M | |
| 0.24% | $125.64M |
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