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JNBY Design (HKSE:03306) ROE % : 53.99% (As of Dec. 2023)


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What is JNBY Design ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. JNBY Design's annualized net income for the quarter that ended in Dec. 2023 was HK$1,256 Mil. JNBY Design's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$2,326 Mil. Therefore, JNBY Design's annualized ROE % for the quarter that ended in Dec. 2023 was 53.99%.

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

HKSE:03306' s ROE % Range Over the Past 10 Years
Min: 23.52   Med: 38.52   Max: 58.54
Current: 40.39

During the past 10 years, JNBY Design's highest ROE % was 58.54%. The lowest was 23.52%. And the median was 38.52%.

HKSE:03306's ROE % is ranked better than
95.5% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.33 vs HKSE:03306: 40.39

JNBY Design ROE % Historical Data

The historical data trend for JNBY Design'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.

JNBY Design ROE % Chart

JNBY Design Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.77 23.52 42.27 32.36 32.81

JNBY Design Semi-Annual Data
Jun14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 52.40 13.32 41.35 25.95 53.99

Competitive Comparison of JNBY Design's ROE %

For the Apparel Manufacturing subindustry, JNBY Design'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.


JNBY Design's ROE % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, JNBY Design's ROE % distribution charts can be found below:

* The bar in red indicates where JNBY Design's ROE % falls into.



JNBY Design ROE % Calculation

JNBY Design's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=679.557/( (1975.147+2167.396)/ 2 )
=679.557/2071.2715
=32.81 %

JNBY Design'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 )
=1255.922/( (2167.396+2485.042)/ 2 )
=1255.922/2326.219
=53.99 %

* 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.


JNBY Design  (HKSE:03306) 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
=1255.922/2326.219
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1255.922 / 6509.17)*(6509.17 / 4700.664)*(4700.664 / 2326.219)
=Net Margin %*Asset Turnover*Equity Multiplier
=19.29 %*1.3847*2.0207
=ROA %*Equity Multiplier
=26.71 %*2.0207
=53.99 %

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
=1255.922/2326.219
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1255.922 / 1767.14) * (1767.14 / 1758.116) * (1758.116 / 6509.17) * (6509.17 / 4700.664) * (4700.664 / 2326.219)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7107 * 1.0051 * 27.01 % * 1.3847 * 2.0207
=53.99 %

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.


JNBY Design ROE % Related Terms

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


JNBY Design (HKSE:03306) Business Description

Traded in Other Exchanges
Address
No. 398 Tianmushan Road, Building 2-6, OELi, Xihu District, Zhejiang Province, Hangzhou, CHN
JNBY Design Ltd is a designer brand fashion house based in China. The company designs, promote, and sells contemporary apparel, footwear, and accessories for women, men, children, and teenagers as well as household products. Its brand portfolio comprises of JNBY, CROQUIS, jnby by JNBY, less, POMME DE TERRE, and JNBYHOME. The company operates in three segments: Mature Brand, Younger brands, and Emerging brands. Geographically, it generates the majority of the revenue from Mainland China and also from Mature Brand segment.
Executives
Li Lin 2307 Founder of a discretionary trust who can infl
Ninth Investment Limited 2101 Beneficial owner
Cititrust Private Trust (cayman) Limited 2301 Trustee
Li Family Capital Limited 2201 Interest of corporation controlled by you
Wu Jian 2307 Founder of a discretionary trust who can infl
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Ninth Capital Limited 2101 Beneficial owner
Wu Family Capital Limited 2201 Interest of corporation controlled by you
Energetic Design Limited 2306 Nominee for another person

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