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Ausnutria Dairy (HKSE:01717) ROE % : -0.36% (As of Dec. 2023)


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What is Ausnutria Dairy ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ausnutria Dairy's annualized net income for the quarter that ended in Dec. 2023 was HK$-22 Mil. Ausnutria Dairy's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$6,289 Mil. Therefore, Ausnutria Dairy's annualized ROE % for the quarter that ended in Dec. 2023 was -0.36%.

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

HKSE:01717' s ROE % Range Over the Past 10 Years
Min: 3.03   Med: 15.26   Max: 25.06
Current: 3.03

During the past 13 years, Ausnutria Dairy's highest ROE % was 25.06%. The lowest was 3.03%. And the median was 15.26%.

HKSE:01717's ROE % is ranked worse than
63.07% of 1828 companies
in the Consumer Packaged Goods industry
Industry Median: 6.65 vs HKSE:01717: 3.03

Ausnutria Dairy ROE % Historical Data

The historical data trend for Ausnutria Dairy'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.

Ausnutria Dairy ROE % Chart

Ausnutria Dairy 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 23.94 23.20 15.73 3.90 3.04

Ausnutria Dairy 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 6.51 7.33 0.36 6.38 -0.36

Competitive Comparison of Ausnutria Dairy's ROE %

For the Packaged Foods subindustry, Ausnutria Dairy'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.


Ausnutria Dairy's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ausnutria Dairy's ROE % distribution charts can be found below:

* The bar in red indicates where Ausnutria Dairy's ROE % falls into.



Ausnutria Dairy ROE % Calculation

Ausnutria Dairy'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 )
=190.741/( (6305.609+6227.395)/ 2 )
=190.741/6266.502
=3.04 %

Ausnutria Dairy'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 )
=-22.342/( (6350.294+6227.395)/ 2 )
=-22.342/6288.8445
=-0.36 %

* 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.


Ausnutria Dairy  (HKSE:01717) 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
=-22.342/6288.8445
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-22.342 / 8466.046)*(8466.046 / 11286.099)*(11286.099 / 6288.8445)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.26 %*0.7501*1.7946
=ROA %*Equity Multiplier
=-0.2 %*1.7946
=-0.36 %

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
=-22.342/6288.8445
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-22.342 / -63.73) * (-63.73 / 288.692) * (288.692 / 8466.046) * (8466.046 / 11286.099) * (11286.099 / 6288.8445)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.3506 * -0.2208 * 3.41 % * 0.7501 * 1.7946
=-0.36 %

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.


Ausnutria Dairy ROE % Related Terms

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


Ausnutria Dairy (HKSE:01717) Business Description

Traded in Other Exchanges
Address
168-200 Connaught Road Central, Unit 16, 36th Floor, China Merchants Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG
Ausnutria Dairy Corp Ltd is active in the dairy industry. Its business activities include research and development, milk collection, processing, production, packaging, marketing, and sales of dairy products. The company operates through Dairy and related products and Nutrition product segments. It generates maximum revenue from the Dairy and related products segment. Geographically, it derives a majority of its revenue from the PRC and also has a presence in European Union; the Middle East; North and South America; Australia; New Zealand, and other countries.
Executives
Inner Mongolia Yili Industrial Group Co., Ltd.
Chen Miaoyuan 2202 Interest of your spouse
Ausnutria Holding Co Ltd 2101 Beneficial owner
Center Laboratories, Inc. 2101 Beneficial owner
Yan Weibin 2201 Interest of corporation controlled by you
Fan Deming Bv 2201 Interest of corporation controlled by you
Zhong Guo Guo You Qi Ye Jie Gou Tiao Zheng Ji Jin Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Citic Limited 2201 Interest of corporation controlled by you
Citic Group Corporation 2201 Interest of corporation controlled by you
Citic Agri Fund Management Co., Ltd. 2201 Interest of corporation controlled by you
Citagri Easter Limited 2101 Beneficial owner
Chengtong Citic Agriculture Fund Lp 2201 Interest of corporation controlled by you
Changsha Kunxin Xin'ao Investment Lp 2201 Interest of corporation controlled by you
Dutch Dairy Investments Hk Limited 2101 Beneficial owner
Dutch Dairy Investments B.v. 2201 Interest of corporation controlled by you

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