HHG Capital (HHG Capital) ROE % : 4.96% (As of Dec. 2023)

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What is HHG Capital ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. HHG Capital's annualized net income for the quarter that ended in Dec. 2023 was $1.67 Mil. HHG Capital's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $33.74 Mil. Therefore, HHG Capital's annualized ROE % for the quarter that ended in Dec. 2023 was 4.96%.

The historical rank and industry rank for HHG Capital's ROE % or its related term are showing as below:

HHGC' s ROE % Range Over the Past 10 Years
Min: -0.49 Med: 0.14 Max: 4.11
Current: 4.11

During the past 4 years, HHG Capital's highest ROE % was 4.11%. The lowest was -0.49%. And the median was 0.14%.

HHGC's ROE % is ranked better than
84.75% of 531 companies
in the Diversified Financial Services industry
Industry Median: 0.38 vs HHGC: 4.11

HHG Capital ROE % Historical Data

The historical data trend for HHG Capital'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.

HHG Capital ROE % Chart

HHG Capital Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROE %

-0.49

0.14

4.10

HHG Capital Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROE %	Get a 7-Day Free Trial									1.87	3.19	2.38	5.89	4.96

Competitive Comparison of HHG Capital's ROE %

For the Shell Companies subindustry, HHG Capital'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.

HHG Capital's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, HHG Capital's ROE % distribution charts can be found below:

* The bar in red indicates where HHG Capital's ROE % falls into.

HHG Capital ROE % Calculation

HHG Capital'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 )
	=	1.373	/	( (32.988	+	33.999)	/ 2 )
	=	1.373	/	33.4935
	=	4.10 %

HHG Capital's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %	=	Net Income (Q: Dec. 2023 )	/	( (Total Stockholders Equity (Q: Sep. 2023 )	+	Total Stockholders Equity (Q: Dec. 2023 ))	/ count )
	=	1.672	/	( (33.471	+	33.999)	/ 2 )
	=	1.672	/	33.735
	=	4.96 %

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 four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.

HHG Capital (NAS:HHGC) 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
=	1.672	/	33.735
=	(Net Income / Revenue )	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(1.672 / 0)	*	(0 / 35.613)	*	(35.613 / 33.735)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	N/A %	*	0	*	1.0557
=	ROA %	*	Equity Multiplier
=	N/A %	*	1.0557
=	4.96 %

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
=	1.672	/	33.735
=	(Net Income / Pre-Tax Income)	*	(Pre-Tax Income / Operating Income)	*	(Operating Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(1.672 / 1.672)	*	(1.672 / -0.38)	*	(-0.38 / 0)	*	(0 / 35.613)	*	(35.613 / 33.735)
=	Tax Burden	*	Interest Burden	*	Operating Margin %	*	Asset Turnover	*	Equity Multiplier
=	1	*	-4.4	*	N/A %	*	0	*	1.0557
=	4.96 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (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.

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.

HHG Capital ROE % Related Terms

Thank you for viewing the detailed overview of HHG Capital's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.

HHG Capital (HHG Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HHG Capital Corp (NAS:HHGC) » Definitions » ROE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Commonwealth Lane, No. 03-20, Singapore, SGP, 149544

Website

HHG Capital Corp is a blank check company.

Executives

Ho Hock Lye Benjamin	director	C/O HHG CAPITAL CORPORATION, 1 COMMONWEALTH LANE, #03-20, SINGAPORE U0 149544
Siang Yong Chew	director	C/O HHG CAPITAL CORPORATION, 1 COMMONWEALTH LANE, #03-20, SINGAPORE U0 149544
Denise Cho	director	FLAT 26-C, TOWER 1, THE WATERFRONT,, 1 AUSTIN ROAD WEST, TST, KOWLOON, HONG KONG SAR F4 000000
Kok Wai Hooy	10 percent owner	HOUSE 11, ASTRID HILL, SINGAPORE U0 269935
Chan Shuk Man Lora	officer: Chief Financial Officer	FT E, 17/F, BLK 8, THE WINGS,, 9 TONG YIN ST, TSEUNG KWAN O, N.T., HONG KONG F4 00000
Weiyi Di	director	33 CAPE ROAD,, BLOCK AM CHUNG HOM KOK,, HONG KONG F4 00000
Wing Yin Hau	director	G/F, H23 HO SHEUNG HEUNG VILLAGE,, SHEUNG SHUI, N.T., HONG KONG F4 00000
Ting Tzu Fei Philip	director	71, JALAN KUDALARI,, COUNTRY HEIGHTS, KAJANG, SELANGOR N8 43000
Kok Chee Shiong Keith	director, officer: Chief Executive Officer	73 LORONG BULOH PERINDU 2, DAMANSARA HEIGHTS, KUALA LUMPUR N8 59000