GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tuhu Car Inc (HKSE:09690) » Definitions » ROE %

Tuhu Car (HKSE:09690) ROE % : 8.33% (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Tuhu Car ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tuhu Car's annualized net income for the quarter that ended in Dec. 2024 was HK$423 Mil. Tuhu Car's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was HK$5,082 Mil. Therefore, Tuhu Car's annualized ROE % for the quarter that ended in Dec. 2024 was 8.33%.

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

HKSE:09690' s ROE % Range Over the Past 10 Years
Min: 10.26   Med: 5005.13   Max: Negative Equity
Current: 10.35

During the past 6 years, Tuhu Car's highest ROE % was Negative Equity%. The lowest was 10.26%. And the median was 5,005.13%.

HKSE:09690's ROE % is ranked better than
65.67% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 6.88 vs HKSE:09690: 10.35

Tuhu Car ROE % Historical Data

The historical data trend for Tuhu Car'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.

Tuhu Car ROE % Chart

Tuhu Car Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial - - - Negative Equity 10.26

Tuhu Car Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROE % Get a 7-Day Free Trial Premium Member Only - Negative Equity Negative Equity 12.48 8.33

Competitive Comparison of Tuhu Car's ROE %

For the Auto Parts subindustry, Tuhu Car'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.


Tuhu Car's ROE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tuhu Car's ROE % distribution charts can be found below:

* The bar in red indicates where Tuhu Car's ROE % falls into.


;
;

Tuhu Car ROE % Calculation

Tuhu Car's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=516.533/( (4878.223+5191.377)/ 2 )
=516.533/5034.8
=10.26 %

Tuhu Car's annualized ROE % for the quarter that ended in Dec. 2024 is calculated as

ROE %=Net Income (Q: Dec. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Dec. 2024 ))/ count )
=423.322/( (4972.396+5191.377)/ 2 )
=423.322/5081.8865
=8.33 %

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


Tuhu Car  (HKSE:09690) 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. 2024 )
=Net Income/Total Stockholders Equity
=423.322/5081.8865
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(423.322 / 16298.084)*(16298.084 / 13171.8815)*(13171.8815 / 5081.8865)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.6 %*1.2373*2.5919
=ROA %*Equity Multiplier
=3.22 %*2.5919
=8.33 %

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. 2024 )
=Net Income/Total Stockholders Equity
=423.322/5081.8865
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (423.322 / 422.976) * (422.976 / 305.248) * (305.248 / 16298.084) * (16298.084 / 13171.8815) * (13171.8815 / 5081.8865)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0008 * 1.3857 * 1.87 % * 1.2373 * 2.5919
=8.33 %

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


Tuhu Car ROE % Related Terms

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


Tuhu Car Business Description

Traded in Other Exchanges
N/A
Address
1999 Yishan Road, 8th Floor Building 24, Minhang, Shanghai, CHN
Tuhu Car Inc is one of the leading integrated online and offline platforms for automotive service in China. By providing a digitalized and on-demand service experience underpinned by its customer-centric model and streamlined supply chain, the company directly addresses car owners' diverse product and service needs, creating an automotive service platform consisting of car owners, suppliers, automotive service stores and other participants. Its platform serves most of the passenger vehicle models sold in China, fulfilling a wide spectrum of automotive service demands ranging from tires and chassis parts replacement to auto maintenance, repair, detailing, and more.
Executives
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Chen Min 2501 Other
Nholresi Investment Limited 2101 Beneficial owner
Ilnewgnay Investment Limited 2201 Interest of corporation controlled by you
The Goldman Sachs Group, Inc. 2201 Interest of corporation controlled by you
Max Hope Limited
Ningbo Hongshan Binsheng Equity Investment Partnership (limited Partnership)
Ningbo Meishan Free Trade Port Hongshan Huanjia Investment Management Limited
Zhou Kui
Joy Capital Gp, Ltd 2201 Interest of corporation controlled by you
Fountainvest China Capital Partners Fund Iii, L.p.
Fountainvest China Capital Partners Gp3 Ltd.

Tuhu Car Headlines

No Headlines