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DPC Dash (HKSE:01405) ROE % : 1.02% (As of Jun. 2024)


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What is DPC Dash ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. DPC Dash's annualized net income for the quarter that ended in Jun. 2024 was HK$23 Mil. DPC Dash's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was HK$2,309 Mil. Therefore, DPC Dash's annualized ROE % for the quarter that ended in Jun. 2024 was 1.02%.

The historical rank and industry rank for DPC Dash's ROE % or its related term are showing as below:

HKSE:01405' s ROE % Range Over the Past 10 Years
Min: -47.16   Med: -23.52   Max: -1.17
Current: -1.17

During the past 5 years, DPC Dash's highest ROE % was -1.17%. The lowest was -47.16%. And the median was -23.52%.

HKSE:01405's ROE % is ranked worse than
74.7% of 328 companies
in the Restaurants industry
Industry Median: 7.59 vs HKSE:01405: -1.17

DPC Dash ROE % Historical Data

The historical data trend for DPC Dash'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.

DPC Dash ROE % Chart

DPC Dash Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
-13.57 -23.52 -47.16 -24.69 -1.86

DPC Dash Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROE % Get a 7-Day Free Trial Premium Member Only -20.62 -30.89 1.22 -3.36 1.02

Competitive Comparison of DPC Dash's ROE %

For the Restaurants subindustry, DPC Dash'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.


DPC Dash's ROE % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, DPC Dash's ROE % distribution charts can be found below:

* The bar in red indicates where DPC Dash's ROE % falls into.



DPC Dash ROE % Calculation

DPC Dash'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 )
=-29.098/( (841.026+2295.985)/ 2 )
=-29.098/1568.5055
=-1.86 %

DPC Dash'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 )
=23.484/( (2295.985+2321.226)/ 2 )
=23.484/2308.6055
=1.02 %

* 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.


DPC Dash  (HKSE:01405) 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
=23.484/2308.6055
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(23.484 / 4395.444)*(4395.444 / 4701.2325)*(4701.2325 / 2308.6055)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.53 %*0.935*2.0364
=ROA %*Equity Multiplier
=0.5 %*2.0364
=1.02 %

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
=23.484/2308.6055
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (23.484 / 88.048) * (88.048 / 154.088) * (154.088 / 4395.444) * (4395.444 / 4701.2325) * (4701.2325 / 2308.6055)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.2667 * 0.5714 * 3.51 % * 0.935 * 2.0364
=1.02 %

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.


DPC Dash ROE % Related Terms

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


DPC Dash Business Description

Traded in Other Exchanges
Address
33 Caobao Road, Level 8, Block A, Xuhui, Shanghai, CHN, 200235
DPC Dash Ltd is involved in operating a food and beverage business in china. The company has adapted and built upon the Domino's business model by localizing its key features for China and its consumers and focused on serving handcrafted, quality pizza at a competitive price, with easy ordering access and efficient delivery, enhanced by technological innovations. The majority of revenue is derived from China.
Executives
Jpmorgan Chase & Co. 2502 Approved lending agent
Marshall James Leslie 2201 Interest of corporation controlled by you
Good Taste Limited 2101 Beneficial owner
Ocean Investments Limited 2201 Interest of corporation controlled by you
Wakatipu Ptc Limited 2501 Other
The Capital Group Companies, Inc. 2201 Interest of corporation controlled by you
Marshall Michele Li-ming 2202 Interest of your spouse
Domino's Pizza Llc 2101 Beneficial owner
Domino's Pizza, Inc. 2201 Interest of corporation controlled by you
Domino's, Inc. 2201 Interest of corporation controlled by you
Alpha Wave (cayman) Gp, Ltd 2201 Interest of corporation controlled by you
Alpha Wave Global Management, Lp 2201 Interest of corporation controlled by you
Alpha Wave Global, Llc 2201 Interest of corporation controlled by you
Alpha Wave Global, Lp 2102 Investment manager
Gerson Richard Matthew 2201 Interest of corporation controlled by you

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