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Global Digital Creations Holdings (HKSE:08271) ROE % : -8.78% (As of Dec. 2023)


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What is Global Digital Creations Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Global Digital Creations Holdings's annualized net income for the quarter that ended in Dec. 2023 was HK$-37.99 Mil. Global Digital Creations Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$432.88 Mil. Therefore, Global Digital Creations Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was -8.78%.

The historical rank and industry rank for Global Digital Creations Holdings's ROE % or its related term are showing as below:

HKSE:08271' s ROE % Range Over the Past 10 Years
Min: -46.77   Med: -0.07   Max: 3.27
Current: -3.95

During the past 13 years, Global Digital Creations Holdings's highest ROE % was 3.27%. The lowest was -46.77%. And the median was -0.07%.

HKSE:08271's ROE % is ranked worse than
66.87% of 975 companies
in the Media - Diversified industry
Industry Median: 2.52 vs HKSE:08271: -3.95

Global Digital Creations Holdings ROE % Historical Data

The historical data trend for Global Digital Creations 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.

Global Digital Creations Holdings ROE % Chart

Global Digital Creations Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 1.64 1.16 -1.28 -3.93

Global Digital Creations Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only -0.69 -1.24 -1.66 -4.34 -8.78

Competitive Comparison of Global Digital Creations Holdings's ROE %

For the Entertainment subindustry, Global Digital Creations 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.


Global Digital Creations Holdings's ROE % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Global Digital Creations Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Global Digital Creations Holdings's ROE % falls into.



Global Digital Creations Holdings ROE % Calculation

Global Digital Creations 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 )
=-17.52/( (458.97+432.883)/ 2 )
=-17.52/445.9265
=-3.93 %

Global Digital Creations Holdings's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-37.988/( (0+432.883)/ 1 )
=-37.988/432.883
=-8.78 %

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


Global Digital Creations Holdings  (HKSE:08271) 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
=-37.988/432.883
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-37.988 / 83.448)*(83.448 / 545.081)*(545.081 / 432.883)
=Net Margin %*Asset Turnover*Equity Multiplier
=-45.52 %*0.1531*1.2592
=ROA %*Equity Multiplier
=-6.97 %*1.2592
=-8.78 %

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
=-37.988/432.883
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-37.988 / -107.356) * (-107.356 / -102.68) * (-102.68 / 83.448) * (83.448 / 545.081) * (545.081 / 432.883)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.3539 * 1.0455 * -123.05 % * 0.1531 * 1.2592
=-8.78 %

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


Global Digital Creations Holdings ROE % Related Terms

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Global Digital Creations Holdings (HKSE:08271) Business Description

Traded in Other Exchanges
N/A
Address
191 Java Road, Unit 1606, 16th Floor, K. Wah Centre, North Point, Hong Kong, HKG
Global Digital Creations Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in computer graphic (CG) creation and production. It operates in two segments Interactive Entertainment and Digital Assets segment including Interactive Entertainment and Digital Assets, an exhibition of television series and movies as well as the production of animated films. It is New Cultural and Sports Space segment that includes integrating culture and technology development business the original business of property leasing and building management services and new businesses. It operates in China, South Korea, Hong Kong, and other countries, of which the majority of the revenue comes from China.
Executives
Shougang Group Co., Ltd. 2201 Interest of corporation controlled by you
Chen Zheng 2101 Beneficial owner
Shougang Holding (hong Kong) Limited 2201 Interest of corporation controlled by you
Upper Nice Assets Ltd. 2101 Beneficial owner

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