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Shun Ho Property Investments (HKSE:00219) ROE % : -2.22% (As of Dec. 2023)


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What is Shun Ho Property Investments ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shun Ho Property Investments's annualized net income for the quarter that ended in Dec. 2023 was HK$-164.3 Mil. Shun Ho Property Investments's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$7,382.5 Mil. Therefore, Shun Ho Property Investments's annualized ROE % for the quarter that ended in Dec. 2023 was -2.22%.

The historical rank and industry rank for Shun Ho Property Investments's ROE % or its related term are showing as below:

HKSE:00219' s ROE % Range Over the Past 10 Years
Min: -2.45   Med: 5.03   Max: 14.97
Current: -0.99

During the past 13 years, Shun Ho Property Investments's highest ROE % was 14.97%. The lowest was -2.45%. And the median was 5.03%.

HKSE:00219's ROE % is ranked worse than
72.68% of 787 companies
in the Travel & Leisure industry
Industry Median: 5.99 vs HKSE:00219: -0.99

Shun Ho Property Investments ROE % Historical Data

The historical data trend for Shun Ho Property Investments'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.

Shun Ho Property Investments ROE % Chart

Shun Ho Property Investments 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 0.24 -2.45 0.98 6.71 -0.99

Shun Ho Property Investments 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 1.54 1.75 11.74 0.25 -2.22

Competitive Comparison of Shun Ho Property Investments's ROE %

For the Lodging subindustry, Shun Ho Property Investments'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.


Shun Ho Property Investments's ROE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shun Ho Property Investments's ROE % distribution charts can be found below:

* The bar in red indicates where Shun Ho Property Investments's ROE % falls into.



Shun Ho Property Investments ROE % Calculation

Shun Ho Property Investments'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 )
=-72.968/( (7380.802+7336.798)/ 2 )
=-72.968/7358.8
=-0.99 %

Shun Ho Property Investments'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 )
=-164.26/( (7428.148+7336.798)/ 2 )
=-164.26/7382.473
=-2.22 %

* 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.


Shun Ho Property Investments  (HKSE:00219) 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
=-164.26/7382.473
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-164.26 / 710.004)*(710.004 / 9932.488)*(9932.488 / 7382.473)
=Net Margin %*Asset Turnover*Equity Multiplier
=-23.14 %*0.0715*1.3454
=ROA %*Equity Multiplier
=-1.65 %*1.3454
=-2.22 %

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
=-164.26/7382.473
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-164.26 / -41.722) * (-41.722 / 146.362) * (146.362 / 710.004) * (710.004 / 9932.488) * (9932.488 / 7382.473)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 3.937 * -0.2851 * 20.61 % * 0.0715 * 1.3454
=-2.22 %

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.


Shun Ho Property Investments ROE % Related Terms

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Shun Ho Property Investments (HKSE:00219) Business Description

Traded in Other Exchanges
N/A
Address
24-30 Ice House Street, 3rd Floor, Shun Ho Tower, Central, Hong Kong, HKG
Shun Ho Property Investments Ltd is a Hong Kong-based company principally engaged in hotel businesses. It operates through three segments Hospitality Services, Property Investment and Securities Investment. The company looks into the operation of Best Western Plus Hotel Kowloon, Best Western Plus Hotel Hong Kong, Magnificent International Hotel, Shanghai, Best Western Hotel Causeway Bay, Ramada Hong Kong Harbour View, Ramada Hong Kong Grand, Grand City Hotel, Ramada Hong Kong Grand View, 633 King's Road, Shun Ho Tower, and Shops, hotel and residential properties. The group derives revenue from Hong Kong and the PRC, of which prime revenue is derived from Hong Kong.

Shun Ho Property Investments (HKSE:00219) Headlines

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