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IMS Group Holdings (HKSE:08136) ROE % : 36.35% (As of Sep. 2023)


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What is IMS Group Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. IMS Group Holdings's annualized net income for the quarter that ended in Sep. 2023 was HK$33.63 Mil. IMS Group Holdings's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was HK$92.52 Mil. Therefore, IMS Group Holdings's annualized ROE % for the quarter that ended in Sep. 2023 was 36.35%.

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

HKSE:08136' s ROE % Range Over the Past 10 Years
Min: -9.96   Med: 9.37   Max: 130.13
Current: 14.35

During the past 8 years, IMS Group Holdings's highest ROE % was 130.13%. The lowest was -9.96%. And the median was 9.37%.

HKSE:08136's ROE % is ranked better than
78.42% of 2956 companies
in the Industrial Products industry
Industry Median: 6.875 vs HKSE:08136: 14.35

IMS Group Holdings ROE % Historical Data

The historical data trend for IMS Group 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.

IMS Group Holdings ROE % Chart

IMS Group Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial 10.65 7.65 7.71 15.23 8.08

IMS Group Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 26.98 4.76 -32.78 46.19 36.35

Competitive Comparison of IMS Group Holdings's ROE %

For the Electrical Equipment & Parts subindustry, IMS Group 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.


IMS Group Holdings's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IMS Group Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where IMS Group Holdings's ROE % falls into.



IMS Group Holdings ROE % Calculation

IMS Group 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 )
=6.126/( (75.31+76.417)/ 2 )
=6.126/75.8635
=8.08 %

IMS Group 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: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=33.628/( (0+92.524)/ 1 )
=33.628/92.524
=36.35 %

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


IMS Group Holdings  (HKSE:08136) 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
=33.628/92.524
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(33.628 / 115.38)*(115.38 / 120.87)*(120.87 / 92.524)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.15 %*0.9546*1.3064
=ROA %*Equity Multiplier
=27.83 %*1.3064
=36.35 %

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
=33.628/92.524
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (33.628 / 46.112) * (46.112 / 41.756) * (41.756 / 115.38) * (115.38 / 120.87) * (120.87 / 92.524)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7293 * 1.1043 * 36.19 % * 0.9546 * 1.3064
=36.35 %

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


IMS Group Holdings ROE % Related Terms

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IMS Group Holdings (HKSE:08136) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Watson Road, North Point, 12th floor, Unit 1201, Block C Seaview Estate, Hong Kong, HKG
IMS Group Holdings Ltd is a provider of integrated LED lighting solutions. The company principally engaged in sale of LED lighting fixtures and visual-audio system, provision of integrated LED lighting solution services, project consultancy and LED lighting system maintenance services, sale of 3D printing materials and provision for 3D printing services. The firm receives a majority of its revenue from the sale of LED lighting fixtures followed by integrated LED lighting solution services. It has a business presence in Hong Kong, the PRC, Asia, Europe and others, of which the key revenue is derived from the PRC.

IMS Group Holdings (HKSE:08136) Headlines

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