GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Hyundai Green food Co Ltd (XKRX:453340) » Definitions » ROE %

Hyundai Green food Co (XKRX:453340) ROE % : 15.26% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Hyundai Green food Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hyundai Green food Co's annualized net income for the quarter that ended in Mar. 2024 was ₩97,096 Mil. Hyundai Green food Co's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was ₩636,356 Mil. Therefore, Hyundai Green food Co's annualized ROE % for the quarter that ended in Mar. 2024 was 15.26%.

The historical rank and industry rank for Hyundai Green food Co's ROE % or its related term are showing as below:

XKRX:453340' s ROE % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 8.64
Current: 8.64

During the past 0 years, Hyundai Green food Co's highest ROE % was 8.64%. The lowest was 0.00%. And the median was 0.00%.

XKRX:453340's ROE % is ranked worse than
53.97% of 302 companies
in the Retail - Defensive industry
Industry Median: 9.78 vs XKRX:453340: 8.64

Hyundai Green food Co ROE % Historical Data

The historical data trend for Hyundai Green food Co'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.

Hyundai Green food Co ROE % Chart

Hyundai Green food Co Annual Data
Trend
ROE %

Hyundai Green food Co Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24
ROE % 5.74 13.41 13.51 -7.53 15.26

Competitive Comparison of Hyundai Green food Co's ROE %

For the Food Distribution subindustry, Hyundai Green food Co'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.


Hyundai Green food Co's ROE % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Hyundai Green food Co's ROE % distribution charts can be found below:

* The bar in red indicates where Hyundai Green food Co's ROE % falls into.



Hyundai Green food Co ROE % Calculation

Hyundai Green food Co's annualized ROE % for the fiscal year that ended in . 20 is calculated as

ROE %=Net Income (A: . 20 )/( (Total Stockholders Equity (A: . 20 )+Total Stockholders Equity (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

Hyundai Green food Co's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=97096.16/( (628315.54+644397.283)/ 2 )
=97096.16/636356.4115
=15.26 %

* 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 (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Hyundai Green food Co  (XKRX:453340) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=97096.16/636356.4115
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(97096.16 / 2237882.184)*(2237882.184 / 886493.192)*(886493.192 / 636356.4115)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.34 %*2.5244*1.3931
=ROA %*Equity Multiplier
=10.96 %*1.3931
=15.26 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=97096.16/636356.4115
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (97096.16 / 131408.728) * (131408.728 / 124734.512) * (124734.512 / 2237882.184) * (2237882.184 / 886493.192) * (886493.192 / 636356.4115)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7389 * 1.0535 * 5.57 % * 2.5244 * 1.3931
=15.26 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Hyundai Green food Co ROE % Related Terms

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


Hyundai Green food Co (XKRX:453340) Business Description

Traded in Other Exchanges
N/A
Address
30 Munin-ro, Suji-gu, Gyeonggi-do (Dongcheon-dong), Yongin-si, KOR, 16827
Hyundai Green food Co Ltd is a food company involved in various business areas, including catering, food material distribution, retail, dining out, and healthy food. It is engaged in business to the customer such as retail, restaurant and manufacturing and business to business such as group catering and food distribution.

Hyundai Green food Co (XKRX:453340) Headlines

No Headlines