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Great Southern Copper (LSE:GSCU) ROE % : -38.30% (As of Sep. 2023)


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What is Great Southern Copper ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Great Southern Copper's annualized net income for the quarter that ended in Sep. 2023 was £-1.20 Mil. Great Southern Copper's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was £3.14 Mil. Therefore, Great Southern Copper's annualized ROE % for the quarter that ended in Sep. 2023 was -38.30%.

The historical rank and industry rank for Great Southern Copper's ROE % or its related term are showing as below:

LSE:GSCU' s ROE % Range Over the Past 10 Years
Min: -47.5   Med: -40.96   Max: -34.41
Current: -40.35

During the past 3 years, Great Southern Copper's highest ROE % was -34.41%. The lowest was -47.50%. And the median was -40.96%.

LSE:GSCU's ROE % is ranked worse than
68.77% of 2478 companies
in the Metals & Mining industry
Industry Median: -16 vs LSE:GSCU: -40.35

Great Southern Copper ROE % Historical Data

The historical data trend for Great Southern Copper'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.

Great Southern Copper ROE % Chart

Great Southern Copper Annual Data
Trend Mar21 Mar22 Mar23
ROE %
- -47.50 -34.41

Great Southern Copper Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
ROE % - -43.76 -22.32 -43.80 -38.30

Competitive Comparison of Great Southern Copper's ROE %

For the Copper subindustry, Great Southern Copper'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.


Great Southern Copper's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Great Southern Copper's ROE % distribution charts can be found below:

* The bar in red indicates where Great Southern Copper's ROE % falls into.



Great Southern Copper ROE % Calculation

Great Southern Copper's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=-1.299/( (4.351+3.199)/ 2 )
=-1.299/3.775
=-34.41 %

Great Southern Copper's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-1.204/( (3.199+3.088)/ 2 )
=-1.204/3.1435
=-38.30 %

* 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 (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.


Great Southern Copper  (LSE:GSCU) 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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-1.204/3.1435
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.204 / 0)*(0 / 3.3845)*(3.3845 / 3.1435)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0767
=ROA %*Equity Multiplier
=N/A %*1.0767
=-38.30 %

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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-1.204/3.1435
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.204 / -1.204) * (-1.204 / -1.204) * (-1.204 / 0) * (0 / 3.3845) * (3.3845 / 3.1435)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1 * N/A % * 0 * 1.0767
=-38.30 %

Note: The net income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


Great Southern Copper ROE % Related Terms

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Great Southern Copper (LSE:GSCU) Business Description

Traded in Other Exchanges
Address
London Wall, Salisbury House, London, GBR, EC2M 5PS
Great Southern Copper PLC is a copper exploration company that aims to generate shareholder value through successful exploration and discovery of large-scale porphyry copper-gold deposits from its projects located in the underexplored coastal copper belt of northern Chile. It has two main project sites based on its current licence portfolio, San Lorenzo and Especularita, both located in Chile.

Great Southern Copper (LSE:GSCU) Headlines

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