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WebX International Holdings Co (HKSE:08521) ROE % : 0.00% (As of Jun. 2024)


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What is WebX International Holdings Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. WebX International Holdings Co's annualized net income for the quarter that ended in Jun. 2024 was HK$0.0 Mil. WebX International Holdings Co's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was HK$148.0 Mil. Therefore, WebX International Holdings Co's annualized ROE % for the quarter that ended in Jun. 2024 was 0.00%.

The historical rank and industry rank for WebX International Holdings Co's ROE % or its related term are showing as below:

HKSE:08521' s ROE % Range Over the Past 10 Years
Min: -19.68   Med: 22.97   Max: 75.98
Current: 1.58

During the past 9 years, WebX International Holdings Co's highest ROE % was 75.98%. The lowest was -19.68%. And the median was 22.97%.

HKSE:08521's ROE % is ranked worse than
63.92% of 1009 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.66 vs HKSE:08521: 1.58

WebX International Holdings Co ROE % Historical Data

The historical data trend for WebX International Holdings Co'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.

WebX International Holdings Co ROE % Chart

WebX International Holdings Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only 22.97 3.53 -19.68 -7.89 1.61

WebX International Holdings Co 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 -12.69 6.50 18.82 -3.99 -

Competitive Comparison of WebX International Holdings Co's ROE %

For the Textile Manufacturing subindustry, WebX International Holdings Co'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.


WebX International Holdings Co's ROE % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where WebX International Holdings Co's ROE % falls into.


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WebX International Holdings Co ROE % Calculation

WebX International Holdings Co'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 )
=2.202/( (127.75+146.602)/ 2 )
=2.202/137.176
=1.61 %

WebX International Holdings Co's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=0/( (146.602+149.38)/ 2 )
=0/147.991
=0.00 %

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


WebX International Holdings Co  (HKSE:08521) 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: Jun. 2024 )
=Net Income/Total Stockholders Equity
=0/147.991
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 189.768)*(189.768 / 147.991)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.2823
=ROA %*Equity Multiplier
=N/A %*1.2823
=0.00 %

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: Jun. 2024 )
=Net Income/Total Stockholders Equity
=0/147.991
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0 / 0) * (0 / 0) * (0 / 0) * (0 / 189.768) * (189.768 / 147.991)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= N/A * N/A * N/A % * 0 * 1.2823
=0.00 %

Note: The net income data used here is four times the quarterly (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


WebX International Holdings Co ROE % Related Terms

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WebX International Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
303 Jaffe Road, Room 1504, Wan Chai, Hong Kong, HKG
WebX International Holdings Co Ltd formerly ST International Holdings Co Ltd is a company that operates in the functional knitted fabrics industry in China. Their main focus is designing functional knitted fabrics and sourcing synthetic fibers and yarns as raw materials. They engage third-party factories for the production process which includes yarn spinning, knitting, and dyeing. The products are primarily sold directly to lingerie and apparel brand owners, sourcing agents, and garment manufacturers. The company has two reportable segments which include Sales of functional knitted fabrics, apparel, and yarns; and Cloud-based computing and internet traffic services.
Executives
Ali Yasir 2201 Interest of corporation controlled by you
Chen Simon Guomin 2101 Beneficial owner
Yuan Bo 2101 Beneficial owner
Li Yingyang 2101 Beneficial owner
Li Jian 2101 Beneficial owner
Li Jun 2101 Beneficial owner
Meta Tdex Technology L.l.c 2101 Beneficial owner
Cosmic Bliss Investments Limited 2101 Beneficial owner
Kwan Vivian Wun-kwan 2202 Interest of your spouse
Wong Kai Hung Kelvin 2201 Interest of corporation controlled by you
Li Jian 2101 Beneficial owner

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