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ISP Global (HKSE:08487) ROE % : -12.22% (As of Dec. 2023)


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What is ISP Global ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ISP Global's annualized net income for the quarter that ended in Dec. 2023 was HK$-14.0 Mil. ISP Global's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$114.8 Mil. Therefore, ISP Global's annualized ROE % for the quarter that ended in Dec. 2023 was -12.22%.

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

HKSE:08487' s ROE % Range Over the Past 10 Years
Min: -29.74   Med: -3.1   Max: 23.08
Current: -23.07

During the past 9 years, ISP Global's highest ROE % was 23.08%. The lowest was -29.74%. And the median was -3.10%.

HKSE:08487's ROE % is ranked worse than
87.66% of 2390 companies
in the Hardware industry
Industry Median: 4.34 vs HKSE:08487: -23.07

ISP Global ROE % Historical Data

The historical data trend for ISP Global'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.

ISP Global ROE % Chart

ISP Global Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROE %
Get a 7-Day Free Trial Premium Member Only 1.89 -3.10 -27.15 -29.41 -29.74

ISP Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 -27.51 -46.57 -8.81 -12.22 -

Competitive Comparison of ISP Global's ROE %

For the Communication Equipment subindustry, ISP Global'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.


ISP Global's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ISP Global's ROE % distribution charts can be found below:

* The bar in red indicates where ISP Global's ROE % falls into.



ISP Global ROE % Calculation

ISP Global's annualized ROE % for the fiscal year that ended in Jun. 2024 is calculated as

ROE %=Net Income (A: Jun. 2024 )/( (Total Stockholders Equity (A: Jun. 2023 )+Total Stockholders Equity (A: Jun. 2024 ))/ count )
=-26.871/( (87.214+93.485)/ 2 )
=-26.871/90.3495
=-29.74 %

ISP Global'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 )
=-14.032/( (0+114.828)/ 1 )
=-14.032/114.828
=-12.22 %

* 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.


ISP Global  (HKSE:08487) 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
=-14.032/114.828
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-14.032 / 246.996)*(246.996 / 215.956)*(215.956 / 114.828)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.68 %*1.1437*1.8807
=ROA %*Equity Multiplier
=-6.5 %*1.8807
=-12.22 %

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
=-14.032/114.828
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-14.032 / -16.488) * (-16.488 / -12.664) * (-12.664 / 246.996) * (246.996 / 215.956) * (215.956 / 114.828)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.851 * 1.302 * -5.13 % * 1.1437 * 1.8807
=-12.22 %

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.


ISP Global ROE % Related Terms

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


ISP Global Business Description

Traded in Other Exchanges
N/A
Address
43rd Floor, Central Plaza, Suite 4302, 18 Harbour Road, Wanchai, Hong Kong, HKG
ISP Global Ltd is a sound and communication services provider in Singapore. The company is engaged in the sale of sound and communication systems and related services; integrated services of sound and communication systems, with a focus on design, customization, and installation of sound and communication systems in buildings and alert alarm system services. The Group has two business segments: e-commerce operation; and sale and provision of integrated services of networking, sound and communication systems. The firm's revenue is mainly derived from the PRC.
Executives
Cao Chunmeng 2101 Beneficial owner
Yau Chong Wa 2101 Beneficial owner
Yau Siu Yuk 2202 Interest of your spouse
Lux Aeterna Global Fund Spc - Lux Aeterna Asia Credit Opportunities Sp 2101 Beneficial owner
Li Chao 2106 Person having a security interest in shares
Cai Linzhou 2101 Beneficial owner

ISP Global Headlines

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