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Boyaa Interactive International (HKSE:00434) ROE % : 8.15% (As of Dec. 2023)


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What is Boyaa Interactive International ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Boyaa Interactive International's annualized net income for the quarter that ended in Dec. 2023 was HK$140.2 Mil. Boyaa Interactive International's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$1,719.5 Mil. Therefore, Boyaa Interactive International's annualized ROE % for the quarter that ended in Dec. 2023 was 8.15%.

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

HKSE:00434' s ROE % Range Over the Past 10 Years
Min: -2.68   Med: 8.19   Max: 21.42
Current: 7.64

During the past 12 years, Boyaa Interactive International's highest ROE % was 21.42%. The lowest was -2.68%. And the median was 8.19%.

HKSE:00434's ROE % is ranked better than
68.17% of 553 companies
in the Interactive Media industry
Industry Median: -0.41 vs HKSE:00434: 7.64

Boyaa Interactive International ROE % Historical Data

The historical data trend for Boyaa Interactive International'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.

Boyaa Interactive International ROE % Chart

Boyaa Interactive International 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 1.53 -2.68 -0.33 4.39 7.59

Boyaa Interactive International Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 7.62 7.90 6.99 7.49 8.15

Competitive Comparison of Boyaa Interactive International's ROE %

For the Electronic Gaming & Multimedia subindustry, Boyaa Interactive International'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.


Boyaa Interactive International's ROE % Distribution in the Interactive Media Industry

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

* The bar in red indicates where Boyaa Interactive International's ROE % falls into.



Boyaa Interactive International ROE % Calculation

Boyaa Interactive International'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 )
=128.168/( (1627.37+1748.722)/ 2 )
=128.168/1688.046
=7.59 %

Boyaa Interactive International's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=140.224/( (1690.33+1748.722)/ 2 )
=140.224/1719.526
=8.15 %

* 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Boyaa Interactive International  (HKSE:00434) 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
=140.224/1719.526
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(140.224 / 438.656)*(438.656 / 2078.4365)*(2078.4365 / 1719.526)
=Net Margin %*Asset Turnover*Equity Multiplier
=31.97 %*0.2111*1.2087
=ROA %*Equity Multiplier
=6.75 %*1.2087
=8.15 %

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
=140.224/1719.526
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (140.224 / 127.636) * (127.636 / 135.956) * (135.956 / 438.656) * (438.656 / 2078.4365) * (2078.4365 / 1719.526)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0986 * 0.9388 * 30.99 % * 0.2111 * 1.2087
=8.15 %

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


Boyaa Interactive International ROE % Related Terms

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Boyaa Interactive International (HKSE:00434) Business Description

Traded in Other Exchanges
Address
1001 Zhong Shan Yuan Road, 8th Floor, Block E1 International E Town, TCL Industry Park, Nanshan District, Shenzhen, CHN, 518000
Boyaa Interactive International Ltd is an investment holding company. It is engaged in the development and operation of online card and board games through its subsidiaries. The company operates in two segments: Web-based games and Mobile games. Both are offered in various language versions in order to enable game players to play the games in different locations. It generates maximum revenue from Mobile games segment. Geographically, it derives revenue from PRC including Hong Kong.
Executives
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Core Administration Rsu Limited 2306 Nominee for another person
Chunlei Investment Limited 2201 Interest of corporation controlled by you
Zhang Wei 2307 Founder of a discretionary trust who can infl
Cantrust (far East) Limited 2301 Trustee
Rustem Limited 2306 Nominee for another person
Dai Zhikang 2307 Founder of a discretionary trust who can infl
Visioncode Holdings Limited 2201 Interest of corporation controlled by you
Boyaa Global Limited 2101 Beneficial owner

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