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HKR International (HKSE:00480) ROE % : 0.98% (As of Sep. 2023)


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What is HKR International ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. HKR International's annualized net income for the quarter that ended in Sep. 2023 was HK$235 Mil. HKR International's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was HK$24,076 Mil. Therefore, HKR International's annualized ROE % for the quarter that ended in Sep. 2023 was 0.98%.

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

HKSE:00480' s ROE % Range Over the Past 10 Years
Min: 1.84   Med: 5.18   Max: 12.77
Current: 2.33

During the past 13 years, HKR International's highest ROE % was 12.77%. The lowest was 1.84%. And the median was 5.18%.

HKSE:00480's ROE % is ranked worse than
51.66% of 1775 companies
in the Real Estate industry
Industry Median: 2.67 vs HKSE:00480: 2.33

HKR International ROE % Historical Data

The historical data trend for HKR International'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.

HKR International ROE % Chart

HKR International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.76 7.49 3.92 4.51 1.84

HKR International Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 4.25 4.79 0.15 3.67 0.98

Competitive Comparison of HKR International's ROE %

For the Real Estate - Development subindustry, HKR International'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.


HKR International's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, HKR International's ROE % distribution charts can be found below:

* The bar in red indicates where HKR International's ROE % falls into.



HKR International ROE % Calculation

HKR International'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 )
=455.6/( (25026.9+24397.9)/ 2 )
=455.6/24712.4
=1.84 %

HKR International'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 )
=235.4/( (24397.9+23753.5)/ 2 )
=235.4/24075.7
=0.98 %

* 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.


HKR International  (HKSE:00480) 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
=235.4/24075.7
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(235.4 / 6314.2)*(6314.2 / 44514.6)*(44514.6 / 24075.7)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.73 %*0.1418*1.8489
=ROA %*Equity Multiplier
=0.53 %*1.8489
=0.98 %

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
=235.4/24075.7
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (235.4 / 923) * (923 / 1425.2) * (1425.2 / 6314.2) * (6314.2 / 44514.6) * (44514.6 / 24075.7)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.255 * 0.6476 * 22.57 % * 0.1418 * 1.8489
=0.98 %

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.


HKR International ROE % Related Terms

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


HKR International (HKSE:00480) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, 23rd Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
HKR International Ltd engages in the investment, development, and management of real estate properties across Asia. The company is headquartered in Hong Kong and earns the majority of its revenue domestically. The company has operations in mainland China, Japan, and the Southeast Asia region. HKR International operates through five segments: property development, property investment, Transportation services and property management, hotel operations, and Leisure businesses.
Executives
Claudio Holdings Limited 2201 Interest of corporation controlled by you
Oei Kang, Eric 2201 Interest of corporation controlled by you
Cha Victor Mou Zing 2101 Beneficial owner
Wong Cha May Lung Madeline 2101 Beneficial owner
Cha Mou Daid Johnson 2101 Beneficial owner
Cha Yiu Chung Benjamin 2101 Beneficial owner
Ccm Trust (cayman) Limited 2201 Interest of corporation controlled by you
Mingly Corporation 2201 Interest of corporation controlled by you
Cha Mou Sing Payson 2501 Other
Lbj Regents Limited 2501 Other

HKR International (HKSE:00480) Headlines

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