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GHW International (HKSE:09933) ROE % : 1.52% (As of Jun. 2024)


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What is GHW International ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. GHW International's annualized net income for the quarter that ended in Jun. 2024 was HK$10 Mil. GHW International's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was HK$631 Mil. Therefore, GHW International's annualized ROE % for the quarter that ended in Jun. 2024 was 1.52%.

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

HKSE:09933' s ROE % Range Over the Past 10 Years
Min: -3.31   Med: 39.93   Max: 104.01
Current: 1.06

During the past 8 years, GHW International's highest ROE % was 104.01%. The lowest was -3.31%. And the median was 39.93%.

HKSE:09933's ROE % is ranked worse than
69.75% of 1534 companies
in the Chemicals industry
Industry Median: 5.08 vs HKSE:09933: 1.06

GHW International ROE % Historical Data

The historical data trend for GHW International'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.

GHW International ROE % Chart

GHW International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 28.34 -3.31 48.59 56.37 0.46

GHW International Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 79.32 36.59 0.29 0.62 1.52

Competitive Comparison of GHW International's ROE %

For the Chemicals subindustry, GHW International'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.


GHW International's ROE % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, GHW International's ROE % distribution charts can be found below:

* The bar in red indicates where GHW International's ROE % falls into.



GHW International ROE % Calculation

GHW International'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 )
=2.979/( (672.955+635.942)/ 2 )
=2.979/654.4485
=0.46 %

GHW International'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 )
=9.574/( (635.942+626.562)/ 2 )
=9.574/631.252
=1.52 %

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


GHW International  (HKSE:09933) 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
=9.574/631.252
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9.574 / 3854.444)*(3854.444 / 2000.132)*(2000.132 / 631.252)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.25 %*1.9271*3.1685
=ROA %*Equity Multiplier
=0.48 %*3.1685
=1.52 %

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
=9.574/631.252
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (9.574 / 14.926) * (14.926 / 58.94) * (58.94 / 3854.444) * (3854.444 / 2000.132) * (2000.132 / 631.252)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6414 * 0.2532 * 1.53 % * 1.9271 * 3.1685
=1.52 %

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


GHW International ROE % Related Terms

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GHW International Business Description

Traded in Other Exchanges
N/A
Address
No. 69 Aoti Street, 2nd and 3rd floor, 6th Building, Xincheng Science Park, Nanjing, CHN
GHW International is an applied chemical intermediates provider in the integrated chemical services market, which engages in the production and sales of chemicals and sales of chemicals produced by third party manufacturers based in the PRC, the Southeast Asia region, Europe and the us. It offers a comprehensive product portfolio with a wide range of applications and a full spectrum of services relating to chemical intermediates supply chain. Its business operation consists of four principal business segments which include polyurethane materials, animal nutrition chemicals, fine chemicals and pharmaceutical products and intermediates.
Executives
Endless Reward Limited 2101 Beneficial owner
Tricor Trust (hong Kong) Limited 2301 Trustee
Ze Lu 2101 Beneficial owner
Wu Hailing 2202 Interest of your spouse
Yin Yanbin 2201 Interest of corporation controlled by you
Commonwealth B Limited 2101 Beneficial owner
Commonwealth Yanbin Limited 2201 Interest of corporation controlled by you
Commonwealth Ghw Limited 2101 Beneficial owner
Commonwealth Happy Elephant Limited 2101 Beneficial owner
Commonwealth Yyb Limited 2201 Interest of corporation controlled by you

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