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HSC Resources Group (HKSE:01850) ROE % : 1.49% (As of Oct. 2024)


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What is HSC Resources Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. HSC Resources Group's annualized net income for the quarter that ended in Oct. 2024 was HK$4.3 Mil. HSC Resources Group's average Total Stockholders Equity over the quarter that ended in Oct. 2024 was HK$285.6 Mil. Therefore, HSC Resources Group's annualized ROE % for the quarter that ended in Oct. 2024 was 1.49%.

The historical rank and industry rank for HSC Resources Group's ROE % or its related term are showing as below:

HKSE:01850' s ROE % Range Over the Past 10 Years
Min: -17.18   Med: 4.69   Max: 84.12
Current: 1.02

During the past 10 years, HSC Resources Group's highest ROE % was 84.12%. The lowest was -17.18%. And the median was 4.69%.

HKSE:01850's ROE % is ranked worse than
73.14% of 1024 companies
in the Business Services industry
Industry Median: 8.63 vs HKSE:01850: 1.02

HSC Resources Group ROE % Historical Data

The historical data trend for HSC Resources Group'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.

HSC Resources Group ROE % Chart

HSC Resources Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.18 4.35 -5.55 5.02 1.40

HSC Resources Group Semi-Annual Data
Apr15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 7.81 2.23 2.10 0.53 1.49

Competitive Comparison of HSC Resources Group's ROE %

For the Security & Protection Services subindustry, HSC Resources Group'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.


HSC Resources Group's ROE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, HSC Resources Group's ROE % distribution charts can be found below:

* The bar in red indicates where HSC Resources Group's ROE % falls into.


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HSC Resources Group ROE % Calculation

HSC Resources Group's annualized ROE % for the fiscal year that ended in Apr. 2024 is calculated as

ROE %=Net Income (A: Apr. 2024 )/( (Total Stockholders Equity (A: Apr. 2023 )+Total Stockholders Equity (A: Apr. 2024 ))/ count )
=2.928/( (144.114+275.282)/ 2 )
=2.928/209.698
=1.40 %

HSC Resources Group's annualized ROE % for the quarter that ended in Oct. 2024 is calculated as

ROE %=Net Income (Q: Oct. 2024 )/( (Total Stockholders Equity (Q: Apr. 2024 )+Total Stockholders Equity (Q: Oct. 2024 ))/ count )
=4.26/( (275.282+295.929)/ 2 )
=4.26/285.6055
=1.49 %

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


HSC Resources Group  (HKSE:01850) 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: Oct. 2024 )
=Net Income/Total Stockholders Equity
=4.26/285.6055
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.26 / 542.956)*(542.956 / 408.7365)*(408.7365 / 285.6055)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.78 %*1.3284*1.4311
=ROA %*Equity Multiplier
=1.04 %*1.4311
=1.49 %

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: Oct. 2024 )
=Net Income/Total Stockholders Equity
=4.26/285.6055
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4.26 / 5.554) * (5.554 / 10.734) * (10.734 / 542.956) * (542.956 / 408.7365) * (408.7365 / 285.6055)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.767 * 0.5174 * 1.98 % * 1.3284 * 1.4311
=1.49 %

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


HSC Resources Group ROE % Related Terms

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HSC Resources Group Business Description

Traded in Other Exchanges
N/A
Address
9 Sheung Yuet Road, Unit 1603, 16th Floor, Tower 1, Enterprise Square, Kowloon Bay, Kowloon, Hong Kong, HKG
HSC Resources Group Ltd Formerly WINDMILL Group Ltd is an investment holding company. It is engaged in designing, supplying, and installation of fire safety systems for buildings under construction or re-development and maintenance and repair of fire safety systems for built premises. Geographically, the company derives revenue from Hong Kong and Macau. The company generates the majority of its revenue from design, supply, and installation services, followed by maintenance and repair services.
Executives
Xu Jia Qi 2101 Beneficial owner
Li Yin Tao 2101 Beneficial owner
Garden Wealth Investment Limited 2101 Beneficial owner
Li Minying 2101 Beneficial owner
Li Junheng 2101 Beneficial owner
Standard Chartered Plc 2201 Interest of corporation controlled by you
Low Tuck Kwong 2101 Beneficial owner
Wong Kai Lai 2101 Beneficial owner
Li Minying 2201 Interest of corporation controlled by you
Jiang Jianhui 2201 Interest of corporation controlled by you
Great Season Ventures Limited 2101 Beneficial owner

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