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Archosaur Games (HKSE:09990) ROE % : -6.91% (As of Dec. 2023)


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What is Archosaur Games ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Archosaur Games's annualized net income for the quarter that ended in Dec. 2023 was HK$-180.6 Mil. Archosaur Games's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$2,611.5 Mil. Therefore, Archosaur Games's annualized ROE % for the quarter that ended in Dec. 2023 was -6.91%.

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

HKSE:09990' s ROE % Range Over the Past 10 Years
Min: -45.05   Med: -25.36   Max: 106.05
Current: -12.76

During the past 7 years, Archosaur Games's highest ROE % was 106.05%. The lowest was -45.05%. And the median was -25.36%.

HKSE:09990's ROE % is ranked worse than
66.61% of 548 companies
in the Interactive Media industry
Industry Median: -0.09 vs HKSE:09990: -12.76

Archosaur Games ROE % Historical Data

The historical data trend for Archosaur Games'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.

Archosaur Games ROE % Chart

Archosaur Games Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 106.05 -40.93 -9.19 -25.36 -12.68

Archosaur Games Semi-Annual Data
Dec17 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 -13.29 -19.68 -32.22 -18.33 -6.91

Competitive Comparison of Archosaur Games's ROE %

For the Electronic Gaming & Multimedia subindustry, Archosaur Games'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.


Archosaur Games's ROE % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Archosaur Games's ROE % distribution charts can be found below:

* The bar in red indicates where Archosaur Games's ROE % falls into.



Archosaur Games ROE % Calculation

Archosaur Games'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 )
=-345.154/( (2892.547+2552.807)/ 2 )
=-345.154/2722.677
=-12.68 %

Archosaur Games'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 )
=-180.556/( (2670.194+2552.807)/ 2 )
=-180.556/2611.5005
=-6.91 %

* 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.


Archosaur Games  (HKSE:09990) 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
=-180.556/2611.5005
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-180.556 / 1107.414)*(1107.414 / 3065.9755)*(3065.9755 / 2611.5005)
=Net Margin %*Asset Turnover*Equity Multiplier
=-16.3 %*0.3612*1.174
=ROA %*Equity Multiplier
=-5.89 %*1.174
=-6.91 %

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
=-180.556/2611.5005
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-180.556 / -206.176) * (-206.176 / -195.878) * (-195.878 / 1107.414) * (1107.414 / 3065.9755) * (3065.9755 / 2611.5005)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8757 * 1.0526 * -17.69 % * 0.3612 * 1.174
=-6.91 %

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.


Archosaur Games ROE % Related Terms

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Archosaur Games (HKSE:09990) Business Description

Traded in Other Exchanges
N/A
Address
No.11 HePingLi East Street, 4th Floor, No. 8 Hangxing Science Park, Dongcheng District, Beijing, CHN, 100013
Archosaur Games Inc is a mobile game developer in China. The company's games include real 3D mobile MMORPG grand strategy wargames, Loong Craft; Dragon Raja which is a real 3D mobile MMORPG powered by Unreal Engine 4; and real 3D turn-based mobile MMORPGs, Fantasy Zhuxian.
Executives
Gic Private Limited 2102 Investment manager
Li Qing
Tencent Holdings Limited
Cresc Chorus Limited 2101 Beneficial owner
Luckq Technology Limited 2201 Interest of corporation controlled by you
Chi Yufeng 2201 Interest of corporation controlled by you
Perfect Freedom Company Limited 2201 Interest of corporation controlled by you
Perfect Game Speed Company Limited 2201 Interest of corporation controlled by you
Perfect World Interactive Entertainment Co., Ltd. 2101 Beneficial owner
Wan Mei Shi Jie Bei Jing Ruan Jian Ke Ji Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Wan Mei Shi Jie You Xi You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Wan Mei Shi Jie Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Image Frame Investment (hk) Limited

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