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Shanghai Fudan Microelectronics Group Co (HKSE:01385) ROE % : 13.43% (As of Jun. 2024)


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What is Shanghai Fudan Microelectronics Group Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shanghai Fudan Microelectronics Group Co's annualized net income for the quarter that ended in Jun. 2024 was HK$805 Mil. Shanghai Fudan Microelectronics Group Co's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was HK$5,990 Mil. Therefore, Shanghai Fudan Microelectronics Group Co's annualized ROE % for the quarter that ended in Jun. 2024 was 13.43%.

The historical rank and industry rank for Shanghai Fudan Microelectronics Group Co's ROE % or its related term are showing as below:

HKSE:01385' s ROE % Range Over the Past 10 Years
Min: -8.6   Med: 16.1   Max: 27.01
Current: 9.31

During the past 13 years, Shanghai Fudan Microelectronics Group Co's highest ROE % was 27.01%. The lowest was -8.60%. And the median was 16.10%.

HKSE:01385's ROE % is ranked better than
69.04% of 985 companies
in the Semiconductors industry
Industry Median: 3.99 vs HKSE:01385: 9.31

Shanghai Fudan Microelectronics Group Co ROE % Historical Data

The historical data trend for Shanghai Fudan Microelectronics 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.

Shanghai Fudan Microelectronics Group Co ROE % Chart

Shanghai Fudan Microelectronics 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 -8.60 7.37 20.54 27.01 14.49

Shanghai Fudan Microelectronics Group Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 15.98 5.23 11.92 13.43 5.78

Competitive Comparison of Shanghai Fudan Microelectronics Group Co's ROE %

For the Semiconductors subindustry, Shanghai Fudan Microelectronics 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.


Shanghai Fudan Microelectronics Group Co's ROE % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai Fudan Microelectronics Group Co's ROE % distribution charts can be found below:

* The bar in red indicates where Shanghai Fudan Microelectronics Group Co's ROE % falls into.



Shanghai Fudan Microelectronics Group Co ROE % Calculation

Shanghai Fudan Microelectronics 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 )
=786.967/( (5060.091+5800.283)/ 2 )
=786.967/5430.187
=14.49 %

Shanghai Fudan Microelectronics 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: Mar. 2024 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=804.588/( (5952.021+6027.961)/ 2 )
=804.588/5989.991
=13.43 %

* 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 four times the quarterly (Jun. 2024) net income data. ROE % is displayed in the 30-year financial page.


Shanghai Fudan Microelectronics Group Co  (HKSE:01385) 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
=804.588/5989.991
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(804.588 / 3881.376)*(3881.376 / 9279.1465)*(9279.1465 / 5989.991)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.73 %*0.4183*1.5491
=ROA %*Equity Multiplier
=8.67 %*1.5491
=13.43 %

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
=804.588/5989.991
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (804.588 / 728.248) * (728.248 / 826.844) * (826.844 / 3881.376) * (3881.376 / 9279.1465) * (9279.1465 / 5989.991)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1048 * 0.8808 * 21.3 % * 0.4183 * 1.5491
=13.43 %

Note: The net income data used here is four times the quarterly (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (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.


Shanghai Fudan Microelectronics Group Co ROE % Related Terms

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Shanghai Fudan Microelectronics Group Co Business Description

Traded in Other Exchanges
Address
98 Granville Road, Flat 6, 5th Floor, East Ocean Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG
Shanghai Fudan Microelectronics Group Co Ltd is principally engaged in the design, development and testing of very large integrated circuits as well as provision of system solutions to customers. The Company operates through two business segments: the design, development and sales of IC products segment and the provision of testing services for IC products segment. The Company is also engaged in the production of probe cards, the development and sales of hardware and software of computers, electronic products and communication equipment and the provision of investment management and consultancy services, research and consultancy services of IC technology and research and consultancy services of computer and network technology through its subsidiaries.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you
Bank Of America Corporation 2201 Interest of corporation controlled by you
Tenbagger Capital Management Co.,ltd 2102 Investment manager
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Springs Capital Limited 2102 Investment manager
Springs China Opportunities Master Fund 2101 Beneficial owner
Zhao Jun 2201 Interest of corporation controlled by you
Haitong International Financial Solutions Limited 2101 Beneficial owner

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