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Jia Yao Holdings (HKSE:01626) ROE % : 7.15% (As of Jun. 2024)


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What is Jia Yao Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Jia Yao Holdings's annualized net income for the quarter that ended in Jun. 2024 was HK$32 Mil. Jia Yao Holdings's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was HK$446 Mil. Therefore, Jia Yao Holdings's annualized ROE % for the quarter that ended in Jun. 2024 was 7.15%.

The historical rank and industry rank for Jia Yao Holdings's ROE % or its related term are showing as below:

HKSE:01626' s ROE % Range Over the Past 10 Years
Min: -15.4   Med: 1.64   Max: 26.92
Current: 24.51

During the past 11 years, Jia Yao Holdings's highest ROE % was 26.92%. The lowest was -15.40%. And the median was 1.64%.

HKSE:01626's ROE % is ranked better than
94.15% of 393 companies
in the Packaging & Containers industry
Industry Median: 5.74 vs HKSE:01626: 24.51

Jia Yao Holdings ROE % Historical Data

The historical data trend for Jia Yao Holdings'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.

Jia Yao Holdings ROE % Chart

Jia Yao Holdings 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 1.98 -13.59 -15.40 2.18 26.92

Jia Yao Holdings 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 0.62 4.01 12.89 43.27 7.15

Competitive Comparison of Jia Yao Holdings's ROE %

For the Packaging & Containers subindustry, Jia Yao Holdings'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.


Jia Yao Holdings's ROE % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Jia Yao Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Jia Yao Holdings's ROE % falls into.



Jia Yao Holdings ROE % Calculation

Jia Yao Holdings'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 )
=108.596/( (366.029+440.746)/ 2 )
=108.596/403.3875
=26.92 %

Jia Yao Holdings'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 )
=31.882/( (440.746+451.481)/ 2 )
=31.882/446.1135
=7.15 %

* 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.


Jia Yao Holdings  (HKSE:01626) 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
=31.882/446.1135
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(31.882 / 1599.238)*(1599.238 / 1570.3985)*(1570.3985 / 446.1135)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.99 %*1.0184*3.5202
=ROA %*Equity Multiplier
=2.03 %*3.5202
=7.15 %

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
=31.882/446.1135
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (31.882 / 79.908) * (79.908 / 77.434) * (77.434 / 1599.238) * (1599.238 / 1570.3985) * (1570.3985 / 446.1135)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.399 * 1.0319 * 4.84 % * 1.0184 * 3.5202
=7.15 %

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.


Jia Yao Holdings ROE % Related Terms

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Jia Yao Holdings Business Description

Traded in Other Exchanges
N/A
Address
Number 6 Qingdao Road, Dongshan Economic Developing District, Hubei Province, Yichang, CHN
Jia Yao Holdings Ltd is involved in the business of design, printing and sales of paper cigarette packages and social product paper packages. The segments of the group are Paper cigarette packages; Electronic cigarettes and Trading goods. It derives key revenue from the Paper cigarette packages segment which involves the design, printing and sale of paper cigarette packages. The company manufactures various types of paper cigarette packages for customers, which can be broadly divided into Hard and soft cigarette packets; Cigarette cartons; and Gift sets designed to pack and carry various sets of cigarette packets. Social product paper packages segment involves the design, printing and sale of packages for alcohol, medicines and food, among others.
Executives
Cai Yaohui 2202 Interest of your spouse
Spearhead Leader Limited 2101 Beneficial owner
Yang Yoong An 2201 Interest of corporation controlled by you
Feng Bin 2201 Interest of corporation controlled by you
Star Glide Limited 2101 Beneficial owner
Zhao Yi 2202 Interest of your spouse
First Shanghai Securities Limited 2105 Underwriter

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