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Polyard Petroleum International Group (HKSE:08011) ROE % : -5.86% (As of Sep. 2022)


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What is Polyard Petroleum International Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Polyard Petroleum International Group's annualized net income for the quarter that ended in Sep. 2022 was HK$-13.22 Mil. Polyard Petroleum International Group's average Total Stockholders Equity over the quarter that ended in Sep. 2022 was HK$225.77 Mil. Therefore, Polyard Petroleum International Group's annualized ROE % for the quarter that ended in Sep. 2022 was -5.86%.

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

HKSE:08011's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 6.7
* Ranked among companies with meaningful ROE % only.

Polyard Petroleum International Group ROE % Historical Data

The historical data trend for Polyard Petroleum International Group'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.

Polyard Petroleum International Group ROE % Chart

Polyard Petroleum International Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.38 -35.81 -182.83 -62.30 48.07

Polyard Petroleum International Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -23.85 178.45 -5.56 -6.45 -5.86

Competitive Comparison of Polyard Petroleum International Group's ROE %

For the Oil & Gas E&P subindustry, Polyard Petroleum International Group'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.


Polyard Petroleum International Group's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Polyard Petroleum International Group's ROE % distribution charts can be found below:

* The bar in red indicates where Polyard Petroleum International Group's ROE % falls into.



Polyard Petroleum International Group ROE % Calculation

Polyard Petroleum International Group's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=74.472/( (76.433+233.394)/ 2 )
=74.472/154.9135
=48.07 %

Polyard Petroleum International Group's annualized ROE % for the quarter that ended in Sep. 2022 is calculated as

ROE %=Net Income (Q: Sep. 2022 )/( (Total Stockholders Equity (Q: Jun. 2022 )+Total Stockholders Equity (Q: Sep. 2022 ))/ count )
=-13.22/( (225.774+0)/ 1 )
=-13.22/225.774
=-5.86 %

* 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. 2022) net income data. ROE % is displayed in the 30-year financial page.


Polyard Petroleum International Group  (HKSE:08011) 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. 2022 )
=Net Income/Total Stockholders Equity
=-13.22/225.774
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-13.22 / 0)*(0 / 546.491)*(546.491 / 225.774)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*2.4205
=ROA %*Equity Multiplier
=N/A %*2.4205
=-5.86 %

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. 2022 )
=Net Income/Total Stockholders Equity
=-13.22/225.774
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-13.22 / -13.22) * (-13.22 / -5.696) * (-5.696 / 0) * (0 / 546.491) * (546.491 / 225.774)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 2.3209 * N/A % * 0 * 2.4205
=-5.86 %

Note: The net income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Polyard Petroleum International Group ROE % Related Terms

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Polyard Petroleum International Group (HKSE:08011) Business Description

Traded in Other Exchanges
N/A
Address
No.2 Wing Yip Street, Unit 06, 4th Floor, Lu Plaza, Kwun Tong, Kowloon, Hong Kong, HKG
Polyard Petroleum International Group Ltd is engaged in the exploration, development, and production of oil and natural gas. The operating segments of the company are the exploration of oil, natural gas and coal, trading of petroleum-related products, and provision of technical services for oil and gas exploration and development.
Executives
He Rong Guo 2101 Beneficial owner
Silver Star Enterprises Holdings Inc. 2101 Beneficial owner
Guoxiang Holdings (hong Kong) Limited 2101 Beneficial owner
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
China Construction Bank Corporation 2201 Interest of corporation controlled by you
Li Suiqing 2201 Interest of corporation controlled by you
East Asia Oil Engineering Group Limited 2101 Beneficial owner
Inwood Support Limited 2201 Interest of corporation controlled by you
Lam Nam 2101 Beneficial owner

Polyard Petroleum International Group (HKSE:08011) Headlines

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