GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Jinzhou (HKSE:00416) » Definitions » ROE %

Bank of Jinzhou (HKSE:00416) ROE % : 0.76% (As of Jun. 2022)


View and export this data going back to 2015. Start your Free Trial

What is Bank of Jinzhou ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bank of Jinzhou's annualized net income for the quarter that ended in Jun. 2022 was HK$625 Mil. Bank of Jinzhou's average Total Stockholders Equity over the quarter that ended in Jun. 2022 was HK$82,263 Mil. Therefore, Bank of Jinzhou's annualized ROE % for the quarter that ended in Jun. 2022 was 0.76%.

The historical rank and industry rank for Bank of Jinzhou's ROE % or its related term are showing as below:

HKSE:00416's ROE % is not ranked *
in the Banks industry.
Industry Median: 9.66
* Ranked among companies with meaningful ROE % only.

Bank of Jinzhou ROE % Historical Data

The historical data trend for Bank of Jinzhou'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.

Bank of Jinzhou ROE % Chart

Bank of Jinzhou Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
Get a 7-Day Free Trial 19.27 -7.96 -1.69 0.67 1.90

Bank of Jinzhou Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 1.44 -0.01 1.28 2.48 0.76

Competitive Comparison of Bank of Jinzhou's ROE %

For the Banks - Regional subindustry, Bank of Jinzhou'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.


Bank of Jinzhou's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Jinzhou's ROE % distribution charts can be found below:

* The bar in red indicates where Bank of Jinzhou's ROE % falls into.



Bank of Jinzhou ROE % Calculation

Bank of Jinzhou'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 )
=1558.234/( (80205.417+83995.452)/ 2 )
=1558.234/82100.4345
=1.90 %

Bank of Jinzhou's annualized ROE % for the quarter that ended in Jun. 2022 is calculated as

ROE %=Net Income (Q: Jun. 2022 )/( (Total Stockholders Equity (Q: Dec. 2021 )+Total Stockholders Equity (Q: Jun. 2022 ))/ count )
=624.64/( (83995.452+80531.369)/ 2 )
=624.64/82263.4105
=0.76 %

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


Bank of Jinzhou  (HKSE:00416) 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: Jun. 2022 )
=Net Income/Total Stockholders Equity
=624.64/82263.4105
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(624.64 / 13301.588)*(13301.588 / 1004632.7725)*(1004632.7725 / 82263.4105)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.7 %*0.0132*12.2124
=ROA %*Equity Multiplier
=0.06 %*12.2124
=0.76 %

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: Jun. 2022 )
=Net Income/Total Stockholders Equity
=624.64/82263.4105
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (624.64 / 599.192) * (599.192 / 13301.588) * (13301.588 / 1004632.7725) * (1004632.7725 / 82263.4105)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1.0425 * 4.5 % * 0.0132 * 12.2124
=0.76 %

Note: The net income data used here is two times the semi-annual (Jun. 2022) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Bank of Jinzhou ROE % Related Terms

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


Bank of Jinzhou (HKSE:00416) Business Description

Traded in Other Exchanges
N/A
Address
248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Bank of Jinzhou is a commercial bank in the Liaoning Province. Its operating segments are Corporate banking, Retail banking, Treasury, and others. It offers services such as savings, checking, loans, credit cards, and others. Geographically, the firm operates in China. The bank generates a majority of its revenue from the Corporate banking segment in the form of interests.
Executives
Liao Ning Jin Rong Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Grand Fortune Venture Limited 2101 Beneficial owner
Zhang Yuan 2201 Interest of corporation controlled by you
Xu Zhou Zhong An Kuang Ye Fu Wu You Xian Gong Si 2201 Interest of corporation controlled by you
Chiu Yung 2201 Interest of corporation controlled by you
Ng Ching 2202 Interest of your spouse
Xiang Gang Hua Li You Xian Gong Si 2101 Beneficial owner
Bei Jing Jing Yuan Wan Long Tou Zi Guan Li You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Li Feng 2201 Interest of corporation controlled by you
Wang Xiao Liang 2201 Interest of corporation controlled by you

Bank of Jinzhou (HKSE:00416) Headlines

No Headlines