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Hua Yin International Holdings (HKSE:00989) ROE % : -41.94% (As of Sep. 2023)


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What is Hua Yin International Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hua Yin International Holdings's annualized net income for the quarter that ended in Sep. 2023 was HK$-171.5 Mil. Hua Yin International Holdings's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was HK$408.8 Mil. Therefore, Hua Yin International Holdings's annualized ROE % for the quarter that ended in Sep. 2023 was -41.94%.

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

HKSE:00989' s ROE % Range Over the Past 10 Years
Min: -226.86   Med: -2.23   Max: 88.4
Current: -32.75

During the past 13 years, Hua Yin International Holdings's highest ROE % was 88.40%. The lowest was -226.86%. And the median was -2.23%.

HKSE:00989's ROE % is ranked worse than
93.1% of 1769 companies
in the Real Estate industry
Industry Median: 2.63 vs HKSE:00989: -32.75

Hua Yin International Holdings ROE % Historical Data

The historical data trend for Hua Yin International Holdings'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.

Hua Yin International Holdings ROE % Chart

Hua Yin International Holdings 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 0.97 -122.48 -226.86 -26.40 88.40

Hua Yin International Holdings 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 76.33 -65.60 189.11 -24.30 -41.94

Competitive Comparison of Hua Yin International Holdings's ROE %

For the Real Estate - Development subindustry, Hua Yin International Holdings'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.


Hua Yin International Holdings's ROE % Distribution in the Real Estate Industry

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

* The bar in red indicates where Hua Yin International Holdings's ROE % falls into.



Hua Yin International Holdings ROE % Calculation

Hua Yin International Holdings'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 )
=416.882/( (490.25+452.878)/ 2 )
=416.882/471.564
=88.40 %

Hua Yin International Holdings'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 )
=-171.46/( (452.878+364.794)/ 2 )
=-171.46/408.836
=-41.94 %

* 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.


Hua Yin International Holdings  (HKSE:00989) 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
=-171.46/408.836
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-171.46 / 94.402)*(94.402 / 2542.943)*(2542.943 / 408.836)
=Net Margin %*Asset Turnover*Equity Multiplier
=-181.63 %*0.0371*6.22
=ROA %*Equity Multiplier
=-6.74 %*6.22
=-41.94 %

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
=-171.46/408.836
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-171.46 / -184.846) * (-184.846 / -17.892) * (-17.892 / 94.402) * (94.402 / 2542.943) * (2542.943 / 408.836)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9276 * 10.3312 * -18.95 % * 0.0371 * 6.22
=-41.94 %

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.


Hua Yin International Holdings ROE % Related Terms

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Hua Yin International Holdings (HKSE:00989) Business Description

Traded in Other Exchanges
Address
No. 26 Harbour Road, Room 1305, 13th Floor, Wanchai, China Resources Building, Hong Kong, HKG
Hua Yin International Holdings Ltd, formerly Ground International Development Ltd is an investment holding company. The company's operating segment includes Property development and management and Property investment. It generates maximum revenue from the Property development and management segment. Geographically, it derives a majority of revenue from China. The company earns revenue from Sale of properties, Rental income, and Property management service income.
Executives
Guang Ze Tou Zi Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Ji Lin Sheng Dong Xiu Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Ground Investment Holding Group (hong Kong) Co., Limited 2101 Beneficial owner
Cui Mindong 2201 Interest of corporation controlled by you
Chai Xiu 2202 Interest of your spouse
Sui Guangyi
Tmf (cayman) Ltd. 2301 Trustee
Jia Yi Tou Zi You Xian Gong Si 2101 Beneficial owner
Lee Ken-yi Terence 2202 Interest of your spouse
Cui Xintong 2307 Founder of a discretionary trust who can infl
Deep Wealth Holding Limited 2201 Interest of corporation controlled by you
Li Junjie 2201 Interest of corporation controlled by you
Jiang Jin Bo 2201 Interest of corporation controlled by you
Mei Cheng Ji Tuan You Xian Gong Si 2101 Beneficial owner
Tian Feng Guo Ji Kong Gu You Xian Gong Si 2101 Beneficial owner

Hua Yin International Holdings (HKSE:00989) Headlines

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