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Kerry Logistics Network (HKSE:00636) ROE % : 4.83% (As of Dec. 2023)


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What is Kerry Logistics Network ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kerry Logistics Network's annualized net income for the quarter that ended in Dec. 2023 was HK$873 Mil. Kerry Logistics Network's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$18,062 Mil. Therefore, Kerry Logistics Network's annualized ROE % for the quarter that ended in Dec. 2023 was 4.83%.

The historical rank and industry rank for Kerry Logistics Network's ROE % or its related term are showing as below:

HKSE:00636' s ROE % Range Over the Past 10 Years
Min: 4.42   Med: 12.5   Max: 32.72
Current: 4.42

During the past 12 years, Kerry Logistics Network's highest ROE % was 32.72%. The lowest was 4.42%. And the median was 12.50%.

HKSE:00636's ROE % is ranked worse than
68.18% of 946 companies
in the Transportation industry
Industry Median: 8.31 vs HKSE:00636: 4.42

Kerry Logistics Network ROE % Historical Data

The historical data trend for Kerry Logistics Network'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.

Kerry Logistics Network ROE % Chart

Kerry Logistics Network 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 17.60 11.47 32.72 18.13 4.46

Kerry Logistics Network 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 35.64 24.20 13.12 3.98 4.83

Competitive Comparison of Kerry Logistics Network's ROE %

For the Integrated Freight & Logistics subindustry, Kerry Logistics Network'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.


Kerry Logistics Network's ROE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kerry Logistics Network's ROE % distribution charts can be found below:

* The bar in red indicates where Kerry Logistics Network's ROE % falls into.



Kerry Logistics Network ROE % Calculation

Kerry Logistics Network'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 )
=804.035/( (18429.094+17586.38)/ 2 )
=804.035/18007.737
=4.46 %

Kerry Logistics Network'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 )
=872.832/( (18536.854+17586.38)/ 2 )
=872.832/18061.617
=4.83 %

* 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.


Kerry Logistics Network  (HKSE:00636) 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
=872.832/18061.617
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(872.832 / 44185.872)*(44185.872 / 42277.573)*(42277.573 / 18061.617)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.98 %*1.0451*2.3407
=ROA %*Equity Multiplier
=2.07 %*2.3407
=4.83 %

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
=872.832/18061.617
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (872.832 / 2988.104) * (2988.104 / 3270.38) * (3270.38 / 44185.872) * (44185.872 / 42277.573) * (42277.573 / 18061.617)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.2921 * 0.9137 * 7.4 % * 1.0451 * 2.3407
=4.83 %

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.


Kerry Logistics Network ROE % Related Terms

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Kerry Logistics Network (HKSE:00636) Business Description

Traded in Other Exchanges
Address
55 Wing Kei Road, 16th Floor, Kerry Cargo Centre, New Territories, Kwai Chung, Hong Kong, HKG
Kerry Logistics Network, or KLN, is a leading Asian diversified logistics service provider with a global presence. KLN is the number one non-vessel operating common carrier, or NVOCC, by volume for transpacific trades in 2022. Its business consists of international freight forwarding (air freight, ocean freight, and cross-border road freight forwarding services), integrated logistics mainly across Asia, and e-commerce and express delivery services. KLN has been majority owned by and consolidated under the international segment of China's leading logistics company S.F. Holding, or SF, since September 2021.
Executives
Wang Wei 2201 Interest of corporation controlled by you
Shen Zhen Ming De Kong Gu Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Shun Feng Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Kerry Group Limited 2201 Interest of corporation controlled by you
Kerry Properties Limited 2101 Beneficial owner
Flourish Harmony Holdings Company Limited 2101 Beneficial owner

Kerry Logistics Network (HKSE:00636) Headlines

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