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Coolpoint Innonism Holding (HKSE:08040) ROE % : -5.81% (As of Sep. 2023)


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What is Coolpoint Innonism Holding ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Coolpoint Innonism Holding's annualized net income for the quarter that ended in Sep. 2023 was HK$-4.6 Mil. Coolpoint Innonism Holding's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was HK$79.4 Mil. Therefore, Coolpoint Innonism Holding's annualized ROE % for the quarter that ended in Sep. 2023 was -5.81%.

The historical rank and industry rank for Coolpoint Innonism Holding's ROE % or its related term are showing as below:

HKSE:08040' s ROE % Range Over the Past 10 Years
Min: -17.07   Med: 7.09   Max: 77.68
Current: 5.71

During the past 8 years, Coolpoint Innonism Holding's highest ROE % was 77.68%. The lowest was -17.07%. And the median was 7.09%.

HKSE:08040's ROE % is ranked worse than
59.71% of 1040 companies
in the Business Services industry
Industry Median: 8.38 vs HKSE:08040: 5.71

Coolpoint Innonism Holding ROE % Historical Data

The historical data trend for Coolpoint Innonism Holding'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.

Coolpoint Innonism Holding ROE % Chart

Coolpoint Innonism Holding Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial 11.47 -5.37 2.91 -17.07 1.55

Coolpoint Innonism Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -21.13 24.39 15.56 -10.26 -5.81

Competitive Comparison of Coolpoint Innonism Holding's ROE %

For the Consulting Services subindustry, Coolpoint Innonism Holding'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.


Coolpoint Innonism Holding's ROE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Coolpoint Innonism Holding's ROE % distribution charts can be found below:

* The bar in red indicates where Coolpoint Innonism Holding's ROE % falls into.



Coolpoint Innonism Holding ROE % Calculation

Coolpoint Innonism Holding's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=1.188/( (70.891+82.723)/ 2 )
=1.188/76.807
=1.55 %

Coolpoint Innonism Holding's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-4.616/( (0+79.447)/ 1 )
=-4.616/79.447
=-5.81 %

* 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 four times the quarterly (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.


Coolpoint Innonism Holding  (HKSE:08040) 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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-4.616/79.447
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.616 / 349.776)*(349.776 / 161.083)*(161.083 / 79.447)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.32 %*2.1714*2.0276
=ROA %*Equity Multiplier
=-2.87 %*2.0276
=-5.81 %

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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-4.616/79.447
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-4.616 / -4.684) * (-4.684 / -4.192) * (-4.192 / 349.776) * (349.776 / 161.083) * (161.083 / 79.447)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9855 * 1.1174 * -1.2 % * 2.1714 * 2.0276
=-5.81 %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Coolpoint Innonism Holding ROE % Related Terms

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Coolpoint Innonism Holding (HKSE:08040) Business Description

Traded in Other Exchanges
N/A
Address
63-65 Hung To Road, Room D, 12th Floor, Lucky Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
Coolpoint Innonism Holding Ltd is principally engaged in the provision of fitting-out, Nano-AM application services and renovation services in Hong Kong. The fitting-out and renovation services of the Group mainly include the provision of interior fitting-out and renovation services for different types of premises in the private sector, including residential apartments and residential dwellings, show flats, clubhouses, sale offices, public areas in residential and commercial buildings, office, shopping malls and shops in Hong Kong. Nano-Am application services include refers to the provision and application of nanophotocatalytic antifouling materials (the "Nano-AM") on various types of repairs and maintenance work for yachts.
Executives
Chen Yi-sung 2101 Beneficial owner
Advance Goal Group Limited 2101 Beneficial owner
Cheng Tsang Fu Dennis 2201 Interest of corporation controlled by you
Cheng Tsang Wai 2201 Interest of corporation controlled by you
Chow Siu Shan Juliana 2202 Interest of your spouse
Liu Lee Lee Lily 2201 Interest of corporation controlled by you

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