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Beijing Digital Telecom Co (HKSE:06188) ROE % : -513.05% (As of Dec. 2023)


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What is Beijing Digital Telecom Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Beijing Digital Telecom Co's annualized net income for the quarter that ended in Dec. 2023 was HK$-1,320 Mil. Beijing Digital Telecom Co's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$257 Mil. Therefore, Beijing Digital Telecom Co's annualized ROE % for the quarter that ended in Dec. 2023 was -513.05%.

The historical rank and industry rank for Beijing Digital Telecom Co's ROE % or its related term are showing as below:

HKSE:06188' s ROE % Range Over the Past 10 Years
Min: -247.97   Med: 7.77   Max: 16.53
Current: -208.13

During the past 11 years, Beijing Digital Telecom Co's highest ROE % was 16.53%. The lowest was -247.97%. And the median was 7.77%.

HKSE:06188's ROE % is ranked worse than
98.17% of 1090 companies
in the Retail - Cyclical industry
Industry Median: 5.715 vs HKSE:06188: -208.13

Beijing Digital Telecom Co ROE % Historical Data

The historical data trend for Beijing Digital Telecom Co's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Beijing Digital Telecom Co ROE % Chart

Beijing Digital Telecom Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.56 2.83 -147.00 -45.87 -247.97

Beijing Digital Telecom Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -32.19 -52.81 -43.53 -12.63 -513.05

Competitive Comparison of Beijing Digital Telecom Co's ROE %

For the Specialty Retail subindustry, Beijing Digital Telecom Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Beijing Digital Telecom Co's ROE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Beijing Digital Telecom Co's ROE % distribution charts can be found below:

* The bar in red indicates where Beijing Digital Telecom Co's ROE % falls into.



Beijing Digital Telecom Co ROE % Calculation

Beijing Digital Telecom Co's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-689.13/( (478.585+77.234)/ 2 )
=-689.13/277.9095
=-247.97 %

Beijing Digital Telecom Co's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-1320.43/( (437.503+77.234)/ 2 )
=-1320.43/257.3685
=-513.05 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Beijing Digital Telecom Co  (HKSE:06188) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-1320.43/257.3685
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1320.43 / 17492.566)*(17492.566 / 9361.6705)*(9361.6705 / 257.3685)
=Net Margin %*Asset Turnover*Equity Multiplier
=-7.55 %*1.8685*36.3746
=ROA %*Equity Multiplier
=-14.11 %*36.3746
=-513.05 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-1320.43/257.3685
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1320.43 / -1355.778) * (-1355.778 / 307.018) * (307.018 / 17492.566) * (17492.566 / 9361.6705) * (9361.6705 / 257.3685)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9739 * -4.416 * 1.76 % * 1.8685 * 36.3746
=-513.05 %

Note: The net income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Beijing Digital Telecom Co ROE % Related Terms

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Beijing Digital Telecom Co (HKSE:06188) Business Description

Traded in Other Exchanges
Address
Number 101, C Yi’an Business Building, 4th Floor, 18 Building Yi’an Jiayuan, Beiwa West, Haidian District, Beijing, CHN
Beijing Digital Telecom Co Ltd is a China-based company engaged in the sale of mobile telecommunications devices and accessories, the provision of value-added services for software, and the provision of personalized services and after-sales services for mobile phones. It also provides services of developing, consulting, and transferring of technologies related to computer and cyber engineering, telecommunication commerce, and the wholesale and maintenance of telecommunication devices. The company manages its business into one segment being the sale of mobile telecommunications devices. The company derives revenue from customers located in Mainland China, Spain, Bangladesh, India, Romania, and Bulgaria, of which key revenue is derived from Mainland China.
Executives
Yeung Wan Yiu 2201 Interest of corporation controlled by you
China Citic Bank Corporation Limited 2201 Interest of corporation controlled by you
Xiang Gang Hua Fa Tou Zi Kong Gu You Xian Gong Si 2101 Beneficial owner
Zhu Hai Hua Fa Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Xi Yue Cultural Industry Investment Fund L.p. 2101 Beneficial owner
Vital Vision Limited 2101 Beneficial owner
Glorious Maple Limited 2101 Beneficial owner
Citic Limited 2201 Interest of corporation controlled by you
Citic Group Corporation 2201 Interest of corporation controlled by you
Citic International Financial Holdings Limited 2201 Interest of corporation controlled by you
Citic International Assets Management Limited 2201 Interest of corporation controlled by you
Ybn Investments Limited 2101 Beneficial owner
Ybn International Holdings Limited 2201 Interest of corporation controlled by you
Ybn Holdings Limited 2201 Interest of corporation controlled by you
Wang Wei 2201 Interest of corporation controlled by you

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