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Chuang's China Investments (HKSE:00298) ROE % : -11.53% (As of Sep. 2023)


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What is Chuang's China Investments ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Chuang's China Investments's annualized net income for the quarter that ended in Sep. 2023 was HK$-418.02 Mil. Chuang's China Investments's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was HK$3,625.98 Mil. Therefore, Chuang's China Investments's annualized ROE % for the quarter that ended in Sep. 2023 was -11.53%.

The historical rank and industry rank for Chuang's China Investments's ROE % or its related term are showing as below:

HKSE:00298' s ROE % Range Over the Past 10 Years
Min: -9.45   Med: 4.13   Max: 44.13
Current: -9.45

During the past 13 years, Chuang's China Investments's highest ROE % was 44.13%. The lowest was -9.45%. And the median was 4.13%.

HKSE:00298's ROE % is ranked worse than
82.6% of 1776 companies
in the Real Estate industry
Industry Median: 2.87 vs HKSE:00298: -9.45

Chuang's China Investments ROE % Historical Data

The historical data trend for Chuang's China Investments'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.

Chuang's China Investments ROE % Chart

Chuang's China Investments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.88 -4.80 10.23 5.07 -7.85

Chuang's China Investments Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 31.96 -22.16 -8.88 -7.36 -11.53

Competitive Comparison of Chuang's China Investments's ROE %

For the Real Estate - Development subindustry, Chuang's China Investments'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.


Chuang's China Investments's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Chuang's China Investments's ROE % distribution charts can be found below:

* The bar in red indicates where Chuang's China Investments's ROE % falls into.



Chuang's China Investments ROE % Calculation

Chuang's China Investments's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=-328.687/( (4560.534+3809.543)/ 2 )
=-328.687/4185.0385
=-7.85 %

Chuang's China Investments's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-418.02/( (3809.543+3442.412)/ 2 )
=-418.02/3625.9775
=-11.53 %

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


Chuang's China Investments  (HKSE:00298) 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. 2023 )
=Net Income/Total Stockholders Equity
=-418.02/3625.9775
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-418.02 / 141.202)*(141.202 / 5108.81)*(5108.81 / 3625.9775)
=Net Margin %*Asset Turnover*Equity Multiplier
=-296.04 %*0.0276*1.4089
=ROA %*Equity Multiplier
=-8.17 %*1.4089
=-11.53 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-418.02/3625.9775
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-418.02 / -445.76) * (-445.76 / -193.8) * (-193.8 / 141.202) * (141.202 / 5108.81) * (5108.81 / 3625.9775)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9378 * 2.3001 * -137.25 % * 0.0276 * 1.4089
=-11.53 %

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


Chuang's China Investments ROE % Related Terms

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Chuang's China Investments (HKSE:00298) Business Description

Traded in Other Exchanges
Address
18 Chater Road, Central, 25th Floor, Alexandra House, Hong Kong, HKG
Chuang's China Investments Ltd is a Hong Kong-based investment holding.The principal activities of the Company are property development, investment and trading, hotel operation and management, development and operation of cemetery, sales of goods and merchandises (including art pieces), and securities investment and trading. The company's operating segment include Property development, investment and trading; Cemetery; Sales of goods and merchandises; Securities investment and trading and Others and corporate. It generates maximum revenue from the Property development, investment and trading segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in PRC, United Kingdom, and Malaysia.

Chuang's China Investments (HKSE:00298) Headlines

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