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Intsig Information Co (SHSE:688615) ROE % : 18.09% (As of Sep. 2024)


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What is Intsig Information Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Intsig Information Co's annualized net income for the quarter that ended in Sep. 2024 was ¥343.0 Mil. Intsig Information Co's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was ¥1,896.4 Mil. Therefore, Intsig Information Co's annualized ROE % for the quarter that ended in Sep. 2024 was 18.09%.

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

SHSE:688615' s ROE % Range Over the Past 10 Years
Min: -556.52   Med: 39.28   Max: 66.69
Current: 8.32

During the past 6 years, Intsig Information Co's highest ROE % was 66.69%. The lowest was -556.52%. And the median was 39.28%.

SHSE:688615's ROE % is ranked better than
60.13% of 2621 companies
in the Software industry
Industry Median: 4.45 vs SHSE:688615: 8.32

Intsig Information Co ROE % Historical Data

The historical data trend for Intsig Information 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.

Intsig Information Co ROE % Chart

Intsig Information Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial -299.33 66.69 39.95 50.30 38.60

Intsig Information Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
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 52.98 41.38 18.90 - 18.09

Competitive Comparison of Intsig Information Co's ROE %

For the Software - Infrastructure subindustry, Intsig Information 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.


Intsig Information Co's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, Intsig Information Co's ROE % distribution charts can be found below:

* The bar in red indicates where Intsig Information Co's ROE % falls into.



Intsig Information Co ROE % Calculation

Intsig Information 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 )
=323.181/( (676.114+998.321)/ 2 )
=323.181/837.2175
=38.60 %

Intsig Information Co's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=343.02/( (1218.383+2574.336)/ 2 )
=343.02/1896.3595
=18.09 %

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


Intsig Information Co  (SHSE:688615) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=343.02/1896.3595
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(343.02 / 1444.344)*(1444.344 / 2664.2465)*(2664.2465 / 1896.3595)
=Net Margin %*Asset Turnover*Equity Multiplier
=23.75 %*0.5421*1.4049
=ROA %*Equity Multiplier
=12.87 %*1.4049
=18.09 %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=343.02/1896.3595
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (343.02 / 355.376) * (355.376 / 346.2) * (346.2 / 1444.344) * (1444.344 / 2664.2465) * (2664.2465 / 1896.3595)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9652 * 1.0265 * 23.97 % * 0.5421 * 1.4049
=18.09 %

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


Intsig Information Co ROE % Related Terms

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Intsig Information Co Business Description

Traded in Other Exchanges
N/A
Address
1258 Wanrong Road, Room 1105-1123, No. 1256, Jing\'an District, Shanghai, CHN, 200436
Intsig Information Co Ltd is an industry-leading tech company specializing in business data, artificial intelligence, and mobile applications. It is engaged in providing digital and intelligent products and services to global C-end users and B-end customers in diverse industries. INTSIG focuses mainly on Optical Character Recognition (OCR) technologies and currently holds over 110 global invention patents. Its products support more than 50 languages and can recognize many types of documents, including business cards, IDs, bank cards, and transactional documents such as invoices, receipts, packing lists contracts, etc. It also provides integrated OCR+Data+AI solutions that deliver competitive advantages in various industries, including manufacturing, banking, retail, securities, etc.

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