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International Genius Co (HKSE:00033) ROE % : -31.10% (As of Dec. 2023)


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What is International Genius Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. International Genius Co's annualized net income for the quarter that ended in Dec. 2023 was HK$-41.4 Mil. International Genius Co's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$133.3 Mil. Therefore, International Genius Co's annualized ROE % for the quarter that ended in Dec. 2023 was -31.10%.

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

HKSE:00033' s ROE % Range Over the Past 10 Years
Min: -738.76   Med: -34.78   Max: 105.83
Current: -31.01

During the past 13 years, International Genius Co's highest ROE % was 105.83%. The lowest was -738.76%. And the median was -34.78%.

HKSE:00033's ROE % is ranked worse than
93.94% of 1701 companies
in the Asset Management industry
Industry Median: 4.73 vs HKSE:00033: -31.01

International Genius Co ROE % Historical Data

The historical data trend for International Genius 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.

International Genius Co ROE % Chart

International Genius Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun22 Jun23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.78 -33.80 -492.25 105.83 -23.39

International Genius Co Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 282.09 -7.78 -15.99 -31.22 -31.10

Competitive Comparison of International Genius Co's ROE %

For the Asset Management subindustry, International Genius 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.


International Genius Co's ROE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, International Genius Co's ROE % distribution charts can be found below:

* The bar in red indicates where International Genius Co's ROE % falls into.



International Genius Co ROE % Calculation

International Genius Co's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=-38.71/( (188.336+142.67)/ 2 )
=-38.71/165.503
=-23.39 %

International Genius Co'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 )
=-41.448/( (142.67+123.912)/ 2 )
=-41.448/133.291
=-31.10 %

* 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.


International Genius Co  (HKSE:00033) 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
=-41.448/133.291
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-41.448 / 205.71)*(205.71 / 218.354)*(218.354 / 133.291)
=Net Margin %*Asset Turnover*Equity Multiplier
=-20.15 %*0.9421*1.6382
=ROA %*Equity Multiplier
=-18.98 %*1.6382
=-31.10 %

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
=-41.448/133.291
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-41.448 / -41.444) * (-41.444 / -40.9) * (-40.9 / 205.71) * (205.71 / 218.354) * (218.354 / 133.291)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0001 * 1.0133 * -19.88 % * 0.9421 * 1.6382
=-31.10 %

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.


International Genius Co ROE % Related Terms

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


International Genius Co (HKSE:00033) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen's Road Central, Unit Nos 4202-05,42nd Floor, Cosco Tower, Hong Kong, HKG
International Genius Co, is an investment holding company mainly engaged in the trading of party products. The Company operates its business through six segments. The Party Products Trading segment is mainly engaged in the trading of party products. The Securities Brokerage and Asset Management segment is mainly engaged in the provision of securities brokerage and asset management services. The Lending Business segment is mainly engaged in the Provision of lending services. The Metals and Minerals Trading segment is engaged in metals and minerals trading. The Credit Guarantee Service and Investment Business segment are engaged in the credit guarantee service and investment business. The majority of revenue is generated from Securities brokerage and assets management.
Executives
Neo Tech Inc. 2201 Interest of corporation controlled by you
Ng Yu 2201 Interest of corporation controlled by you
Internet Finance Investment Co. Ltd 2101 Beneficial owner
Cheung Kwan 2101 Beneficial owner
Internet Finance Investment Company Limited 2101 Beneficial owner

International Genius Co (HKSE:00033) Headlines

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