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Huafa Property Services Group Co (HKSE:00982) ROE % : 78.83% (As of Jun. 2024)


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What is Huafa Property Services Group Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Huafa Property Services Group Co's annualized net income for the quarter that ended in Jun. 2024 was HK$260 Mil. Huafa Property Services Group Co's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was HK$329 Mil. Therefore, Huafa Property Services Group Co's annualized ROE % for the quarter that ended in Jun. 2024 was 78.83%.

The historical rank and industry rank for Huafa Property Services Group Co's ROE % or its related term are showing as below:

HKSE:00982' s ROE % Range Over the Past 10 Years
Min: -24.88   Med: 28.49   Max: Negative Equity
Current: 112.3

During the past 13 years, Huafa Property Services Group Co's highest ROE % was Negative Equity%. The lowest was -24.88%. And the median was 28.49%.

HKSE:00982's ROE % is not ranked
in the Real Estate industry.
Industry Median: 3.23 vs HKSE:00982: 112.30

Huafa Property Services Group Co ROE % Historical Data

The historical data trend for Huafa Property Services Group 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.

Huafa Property Services Group Co ROE % Chart

Huafa Property Services Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.43 Negative Equity Negative Equity Negative Equity 202.02

Huafa Property Services Group Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Negative Equity Negative Equity 417.85 167.71 78.83

Competitive Comparison of Huafa Property Services Group Co's ROE %

For the Real Estate Services subindustry, Huafa Property Services Group 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.


Huafa Property Services Group Co's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Huafa Property Services Group Co's ROE % distribution charts can be found below:

* The bar in red indicates where Huafa Property Services Group Co's ROE % falls into.


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Huafa Property Services Group Co ROE % Calculation

Huafa Property Services Group Co's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=272.552/( (2.757+267.067)/ 2 )
=272.552/134.912
=202.02 %

Huafa Property Services Group Co's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=259.722/( (267.067+391.906)/ 2 )
=259.722/329.4865
=78.83 %

* 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. 2024) net income data. ROE % is displayed in the 30-year financial page.


Huafa Property Services Group Co  (HKSE:00982) 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. 2024 )
=Net Income/Total Stockholders Equity
=259.722/329.4865
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(259.722 / 2174.66)*(2174.66 / 1143.191)*(1143.191 / 329.4865)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.94 %*1.9023*3.4696
=ROA %*Equity Multiplier
=22.71 %*3.4696
=78.83 %

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. 2024 )
=Net Income/Total Stockholders Equity
=259.722/329.4865
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (259.722 / 350.758) * (350.758 / 380.918) * (380.918 / 2174.66) * (2174.66 / 1143.191) * (1143.191 / 329.4865)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7405 * 0.9208 * 17.52 % * 1.9023 * 3.4696
=78.83 %

Note: The net income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 2024) 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.


Huafa Property Services Group Co ROE % Related Terms

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Huafa Property Services Group Co Business Description

Traded in Other Exchanges
N/A
Address
2 Queen’s Road Central, Room 3605, 36/F, Cheung Kong Center, Central, Hong Kong, HKG
Huafa Property Services Group Co Ltd is an investment holding company and its subsidiaries are principally engaged in the provision of property management services, and hotel advisory and exhibition services in the PRC. Its operating segments of the group are Property management which involves the provision of property management services and related value-added services, including municipal supporting services and other services; and Hotel advisory and exhibition services which involves the provision of hotel advisory services, exhibition planning, and organization services. It derives prime revenue from the Property management segment. Geographically, the group derives revenue from Mainland China.
Executives
Zhu Hai Hua Fa Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhu Hai Hua Fa Shi Ye Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Idg Light Solutions Limited 2101 Beneficial owner
Ho Chi Sing 2201 Interest of corporation controlled by you
Ho Chi Sing 2201 Interest of corporation controlled by you

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