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Snack Empire Holdings (Snack Empire Holdings) ROE % : 3.58% (As of Sep. 2023)


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What is Snack Empire Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Snack Empire Holdings's annualized net income for the quarter that ended in Sep. 2023 was $0.65 Mil. Snack Empire Holdings's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $18.20 Mil. Therefore, Snack Empire Holdings's annualized ROE % for the quarter that ended in Sep. 2023 was 3.58%.

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

SNEHF' s ROE % Range Over the Past 10 Years
Min: 2.07   Med: 24.26   Max: 100.57
Current: 2.07

During the past 7 years, Snack Empire Holdings's highest ROE % was 100.57%. The lowest was 2.07%. And the median was 24.26%.

SNEHF's ROE % is ranked worse than
68.48% of 330 companies
in the Restaurants industry
Industry Median: 8.06 vs SNEHF: 2.07

Snack Empire Holdings ROE % Historical Data

The historical data trend for Snack Empire Holdings'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.

Snack Empire Holdings ROE % Chart

Snack Empire Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial 62.06 24.29 4.17 10.24 6.96

Snack Empire Holdings Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.57 7.97 12.78 0.54 3.58

Competitive Comparison of Snack Empire Holdings's ROE %

For the Restaurants subindustry, Snack Empire Holdings'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.


Snack Empire Holdings's ROE % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Snack Empire Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Snack Empire Holdings's ROE % falls into.



Snack Empire Holdings ROE % Calculation

Snack Empire Holdings's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=1.375/( (21.26+18.272)/ 2 )
=1.375/19.766
=6.96 %

Snack Empire Holdings's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=0.652/( (18.272+18.129)/ 2 )
=0.652/18.2005
=3.58 %

* 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 (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.


Snack Empire Holdings  (OTCPK:SNEHF) 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. 2023 )
=Net Income/Total Stockholders Equity
=0.652/18.2005
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.652 / 18.144)*(18.144 / 24.5765)*(24.5765 / 18.2005)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.59 %*0.7383*1.3503
=ROA %*Equity Multiplier
=2.65 %*1.3503
=3.58 %

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. 2023 )
=Net Income/Total Stockholders Equity
=0.652/18.2005
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.652 / 0.944) * (0.944 / 0.784) * (0.784 / 18.144) * (18.144 / 24.5765) * (24.5765 / 18.2005)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6907 * 1.2041 * 4.32 % * 0.7383 * 1.3503
=3.58 %

Note: The net income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


Snack Empire Holdings ROE % Related Terms

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Snack Empire Holdings (Snack Empire Holdings) Business Description

Traded in Other Exchanges
Address
10, Anson Road, No 21-02, International Plaza, Singapore, SGP, 079903
Snack Empire Holdings Ltd is a food and beverage group offering Taiwanese Snacks and Beverages under the Shihlin Taiwan Street Snacks brand. It operates two basic models, namely the Self-operated model and the franchise and license model. Its geographical segments include Singapore, Malaysia, the United States, Indonesia, and others, out of which the majority of the revenue is generated from Singapore.

Snack Empire Holdings (Snack Empire Holdings) Headlines

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