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China Oriented International Holdings (HKSE:01871) ROE % : -2.44% (As of Jun. 2024)


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What is China Oriented International Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. China Oriented International Holdings's annualized net income for the quarter that ended in Jun. 2024 was HK$-5.06 Mil. China Oriented International Holdings's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was HK$207.47 Mil. Therefore, China Oriented International Holdings's annualized ROE % for the quarter that ended in Jun. 2024 was -2.44%.

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

HKSE:01871' s ROE % Range Over the Past 10 Years
Min: -4.31   Med: 8.21   Max: 107.86
Current: -3.92

During the past 8 years, China Oriented International Holdings's highest ROE % was 107.86%. The lowest was -4.31%. And the median was 8.21%.

HKSE:01871's ROE % is ranked worse than
78.41% of 264 companies
in the Education industry
Industry Median: 7.08 vs HKSE:01871: -3.92

China Oriented International Holdings ROE % Historical Data

The historical data trend for China Oriented International 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.

China Oriented International Holdings ROE % Chart

China Oriented International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 13.02 3.40 -1.68 -4.08 -4.31

China Oriented International Holdings Semi-Annual Data
Dec16 Dec17 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 0.06 -8.41 -3.28 -5.40 -2.44

Competitive Comparison of China Oriented International Holdings's ROE %

For the Education & Training Services subindustry, China Oriented International 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.


China Oriented International Holdings's ROE % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Oriented International Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where China Oriented International Holdings's ROE % falls into.


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China Oriented International Holdings ROE % Calculation

China Oriented International 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 )
=-9.235/( (221.123+207.347)/ 2 )
=-9.235/214.235
=-4.31 %

China Oriented International 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 )
=-5.056/( (207.347+207.59)/ 2 )
=-5.056/207.4685
=-2.44 %

* 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.


China Oriented International Holdings  (HKSE:01871) 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
=-5.056/207.4685
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.056 / 39.072)*(39.072 / 305.113)*(305.113 / 207.4685)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12.94 %*0.1281*1.4706
=ROA %*Equity Multiplier
=-1.66 %*1.4706
=-2.44 %

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
=-5.056/207.4685
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-5.056 / -11.33) * (-11.33 / -8.208) * (-8.208 / 39.072) * (39.072 / 305.113) * (305.113 / 207.4685)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.4462 * 1.3804 * -21.01 % * 0.1281 * 1.4706
=-2.44 %

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.


China Oriented International Holdings ROE % Related Terms

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China Oriented International Holdings Business Description

Traded in Other Exchanges
N/A
Address
Baililiu Village, Zhutang Township, Suiping Count, Henan Province, Zhumadian, CHN
China Oriented International Holdings Ltd is engaged in providing driving training services. It has two driving schools, namely, Shun Da School and Tong Tai School. Shun Da School offers driving training services for preparation for Driving Tests of small manual cars and Tong Tai School is a qualified level I driving school offering driving training services for preparation for driving tests of both Large Vehicles and Small Vehicles. The Group's operation is regarded as one reportable and operating segment which is provision of driving training services. All of the group's revenue is derived from the PRC.
Executives
Ample Star Global Limited 2101 Beneficial owner
Greater Sino Ventures Limited 2101 Beneficial owner
China Castson 81 Finance Company Limited 2101 Beneficial owner
Hui Ching Ping 2202 Interest of your spouse
Ling Wai Leung 2201 Interest of corporation controlled by you
Pu Xiong Tou Zi You Xian Gong Si 2101 Beneficial owner
Gao Dongju 2202 Interest of your spouse
Qi Xiangzhong 2201 Interest of corporation controlled by you
China Internet Investment Finance Holdings Limited 2201 Interest of corporation controlled by you
Shou Yue Kong Gu You Xian Gong Si 2101 Beneficial owner

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