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TI Cloud (HKSE:02167) ROE % : -2.80% (As of Dec. 2023)


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What is TI Cloud ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. TI Cloud's annualized net income for the quarter that ended in Dec. 2023 was HK$-14.4 Mil. TI Cloud's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$516.6 Mil. Therefore, TI Cloud's annualized ROE % for the quarter that ended in Dec. 2023 was -2.80%.

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

HKSE:02167' s ROE % Range Over the Past 10 Years
Min: -2.1   Med: 8.06   Max: 34.74
Current: -1.82

During the past 5 years, TI Cloud's highest ROE % was 34.74%. The lowest was -2.10%. And the median was 8.06%.

HKSE:02167's ROE % is ranked worse than
60.26% of 2647 companies
in the Software industry
Industry Median: 3.21 vs HKSE:02167: -1.82

TI Cloud ROE % Historical Data

The historical data trend for TI Cloud'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.

TI Cloud ROE % Chart

TI Cloud Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
31.56 34.74 8.06 -2.10 -1.81

TI Cloud Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROE % Get a 7-Day Free Trial 1.48 -2.19 -1.54 -0.85 -2.80

Competitive Comparison of TI Cloud's ROE %

For the Software - Infrastructure subindustry, TI Cloud'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.


TI Cloud's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, TI Cloud's ROE % distribution charts can be found below:

* The bar in red indicates where TI Cloud's ROE % falls into.



TI Cloud ROE % Calculation

TI Cloud'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 )
=-9.44/( (526.602+514.475)/ 2 )
=-9.44/520.5385
=-1.81 %

TI Cloud's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-14.442/( (518.815+514.475)/ 2 )
=-14.442/516.645
=-2.80 %

* 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


TI Cloud  (HKSE:02167) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-14.442/516.645
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-14.442 / 511.734)*(511.734 / 652.951)*(652.951 / 516.645)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.82 %*0.7837*1.2638
=ROA %*Equity Multiplier
=-2.21 %*1.2638
=-2.80 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-14.442/516.645
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-14.442 / -14.686) * (-14.686 / -13.094) * (-13.094 / 511.734) * (511.734 / 652.951) * (652.951 / 516.645)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9834 * 1.1216 * -2.56 % * 0.7837 * 1.2638
=-2.80 %

Note: The net income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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.


TI Cloud ROE % Related Terms

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


TI Cloud (HKSE:02167) Business Description

Traded in Other Exchanges
N/A
Address
Ronghua South Road, 28-29/F, No.1 Building, 2nd Compound, Beijing Economic and Technological Development Zon, Beijing, CHN
TI Cloud Inc offers a broad array of cloud-native customer contact solutions, which are communication solutions that enable enterprises to engage in multi-channel customer interactions. The company's solutions are rooted in a cloud-native, secure, and reliable platform, empowering businesses to create exceptional customer communication experiences and intelligent ways of conducting sales, marketing, customer service, and other business functions.
Executives
Ti Yun Limited 2306 Nominee for another person
Tricor Trust (hong Kong) Limited 2301 Trustee
Agora, Inc. 2101 Beneficial owner
Wu Qiang
Hanyun Inc.
Xinyun Inc.
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
Wisdom Extra Limited 2201 Interest of corporation controlled by you
Eastup Holding Limited 2101 Beneficial owner
Technolo-jin Co., Ltd 2501 Other
Pan Wei 2501 Other
Li Jin 2501 Other
Flyflux Holding Limited 2501 Other
Connect The Unconnected Limited 2501 Other
An Jingbo 2501 Other

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