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Lion Selection Group (ASX:LSX) ROE % : 1.35% (As of Jan. 2023)


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What is Lion Selection Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Lion Selection Group's annualized net income for the quarter that ended in Jan. 2023 was A$1.27 Mil. Lion Selection Group's average Total Stockholders Equity over the quarter that ended in Jan. 2023 was A$94.58 Mil. Therefore, Lion Selection Group's annualized ROE % for the quarter that ended in Jan. 2023 was 1.35%.

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

ASX:LSX's ROE % is not ranked *
in the Metals & Mining industry.
Industry Median: -15.75
* Ranked among companies with meaningful ROE % only.

Lion Selection Group ROE % Historical Data

The historical data trend for Lion Selection 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.

Lion Selection Group ROE % Chart

Lion Selection Group Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
ROE %
Get a 7-Day Free Trial Premium Member Only -2.14 -26.70 40.68 35.18 -6.05

Lion Selection Group Semi-Annual Data
Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23
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 -15.61 3.51 18.95 -0.63 1.35

Competitive Comparison of Lion Selection Group's ROE %

For the Gold subindustry, Lion Selection 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.


Lion Selection Group's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lion Selection Group's ROE % distribution charts can be found below:

* The bar in red indicates where Lion Selection Group's ROE % falls into.



Lion Selection Group ROE % Calculation

Lion Selection Group's annualized ROE % for the fiscal year that ended in Jul. 2021 is calculated as

ROE %=Net Income (A: Jul. 2021 )/( (Total Stockholders Equity (A: Jul. 2020 )+Total Stockholders Equity (A: Jul. 2021 ))/ count )
=-5.865/( (99.833+93.968)/ 2 )
=-5.865/96.9005
=-6.05 %

Lion Selection Group's annualized ROE % for the quarter that ended in Jan. 2023 is calculated as

ROE %=Net Income (Q: Jan. 2023 )/( (Total Stockholders Equity (Q: Jul. 2022 )+Total Stockholders Equity (Q: Jan. 2023 ))/ count )
=1.274/( (96.934+92.235)/ 2 )
=1.274/94.5845
=1.35 %

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


Lion Selection Group  (ASX:LSX) 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: Jan. 2023 )
=Net Income/Total Stockholders Equity
=1.274/94.5845
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.274 / 3.826)*(3.826 / 95.34)*(95.34 / 94.5845)
=Net Margin %*Asset Turnover*Equity Multiplier
=33.3 %*0.0401*1.008
=ROA %*Equity Multiplier
=1.34 %*1.008
=1.35 %

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: Jan. 2023 )
=Net Income/Total Stockholders Equity
=1.274/94.5845
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.274 / 1.522) * (1.522 / 3.826) * (3.826 / 95.34) * (95.34 / 94.5845)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.8371 * 39.78 % * 0.0401 * 1.008
=1.35 %

Note: The net income data used here is two times the semi-annual (Jan. 2023) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.


Lion Selection Group ROE % Related Terms

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Lion Selection Group (ASX:LSX) Business Description

Traded in Other Exchanges
N/A
Address
175 Flinders Street, Level 2, Melbourne, VIC, AUS, 3000
Lion Selection Group Ltd is a mining investment company. The company invests in junior resource companies providing venture capital to carefully selected mining and exploration companies with outstanding management and development projects. Lion invests only in mining and exploration companies and projects with gold and base metal activities in Australia, Africa, Asia, and the Americas. Its project includes Pani Gold Project.

Lion Selection Group (ASX:LSX) Headlines

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