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Great Harvest Maeta Holdings (HKSE:03683) ROE % : -4.96% (As of Mar. 2024)


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What is Great Harvest Maeta Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Great Harvest Maeta Holdings's annualized net income for the quarter that ended in Mar. 2024 was HK$-7.0 Mil. Great Harvest Maeta Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was HK$141.0 Mil. Therefore, Great Harvest Maeta Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was -4.96%.

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

HKSE:03683' s ROE % Range Over the Past 10 Years
Min: -64.09   Med: -34.75   Max: 72.9
Current: -50.78

During the past 13 years, Great Harvest Maeta Holdings's highest ROE % was 72.90%. The lowest was -64.09%. And the median was -34.75%.

HKSE:03683's ROE % is ranked worse than
97.37% of 950 companies
in the Transportation industry
Industry Median: 8.91 vs HKSE:03683: -50.78

Great Harvest Maeta Holdings ROE % Historical Data

The historical data trend for Great Harvest Maeta 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.

Great Harvest Maeta Holdings ROE % Chart

Great Harvest Maeta Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.58 -15.63 72.90 -46.51 -31.92

Great Harvest Maeta Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 6.42 -105.69 -59.93 -4.96 -104.12

Competitive Comparison of Great Harvest Maeta Holdings's ROE %

For the Marine Shipping subindustry, Great Harvest Maeta 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.


Great Harvest Maeta Holdings's ROE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Great Harvest Maeta Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Great Harvest Maeta Holdings's ROE % falls into.



Great Harvest Maeta Holdings ROE % Calculation

Great Harvest Maeta Holdings's annualized ROE % for the fiscal year that ended in Mar. 2024 is calculated as

ROE %=Net Income (A: Mar. 2024 )/( (Total Stockholders Equity (A: Mar. 2023 )+Total Stockholders Equity (A: Mar. 2024 ))/ count )
=-55.747/( (208.069+141.197)/ 2 )
=-55.747/174.633
=-31.92 %

Great Harvest Maeta Holdings's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-6.994/( (140.897+141.197)/ 2 )
=-6.994/141.047
=-4.96 %

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


Great Harvest Maeta Holdings  (HKSE:03683) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-6.994/141.047
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.994 / 106.596)*(106.596 / 935.6465)*(935.6465 / 141.047)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.56 %*0.1139*6.6336
=ROA %*Equity Multiplier
=-0.75 %*6.6336
=-4.96 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-6.994/141.047
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-6.994 / 17.82) * (17.82 / -9.356) * (-9.356 / 106.596) * (106.596 / 935.6465) * (935.6465 / 141.047)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.3925 * -1.9047 * -8.78 % * 0.1139 * 6.6336
=-4.96 %

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


Great Harvest Maeta Holdings ROE % Related Terms

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Great Harvest Maeta Holdings Business Description

Traded in Other Exchanges
N/A
Address
200 Gloucester Road, 12th Floor, The Sun's Group Centre, Wanchai, Hong Kong, HKG
Great Harvest Maeta Holdings Ltd is engaged in chartering the Group's vessels. It offers marine transportation services to its customers by chartering out its vessels for the transportation of dry bulk cargoes. All of the company's vessels are hired out under time charterers for a contractual period. The company operates in two reportable segments Chartering of vessels and Property investment and development. The majority of revenue is generated by chartering of the vessels segment.
Executives
Ablaze Rich Investments Limited 2101 Beneficial owner
Lam Kwan 2201 Interest of corporation controlled by you
Yan Kim Po 2201 Interest of corporation controlled by you
Sfund International Investment Fund Management Limited 2101 Beneficial owner
Guang Zhou Shi Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Hui Yin Tian Yue Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Ke Ji Jin Rong Chuang Xin Tou Zi Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Hui Yin Fa Zhan Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner

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