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Sino AG (STU:XTP) ROE % : -3.29% (As of Sep. 2023)


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What is Sino AG ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sino AG's annualized net income for the quarter that ended in Sep. 2023 was €-0.49 Mil. Sino AG's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was €14.78 Mil. Therefore, Sino AG's annualized ROE % for the quarter that ended in Sep. 2023 was -3.29%.

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

STU:XTP' s ROE % Range Over the Past 10 Years
Min: -12.26   Med: 12.76   Max: 168.85
Current: -6.2

During the past 13 years, Sino AG's highest ROE % was 168.85%. The lowest was -12.26%. And the median was 12.76%.

STU:XTP's ROE % is ranked worse than
83.14% of 777 companies
in the Capital Markets industry
Industry Median: 5.4 vs STU:XTP: -6.20

Sino AG ROE % Historical Data

The historical data trend for Sino AG'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.

Sino AG ROE % Chart

Sino AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.26 133.85 168.85 1.13 -6.62

Sino AG Semi-Annual Data
Sep12 Mar13 Sep13 Sep14 Sep15 Sep16 Mar17 Sep17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 267.70 1.47 -0.34 -8.18 -3.29

Competitive Comparison of Sino AG's ROE %

For the Capital Markets subindustry, Sino AG'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.


Sino AG's ROE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sino AG's ROE % distribution charts can be found below:

* The bar in red indicates where Sino AG's ROE % falls into.



Sino AG ROE % Calculation

Sino AG's annualized ROE % for the fiscal year that ended in Sep. 2023 is calculated as

ROE %=Net Income (A: Sep. 2023 )/( (Total Stockholders Equity (A: Sep. 2022 )+Total Stockholders Equity (A: Sep. 2023 ))/ count )
=-1.003/( (18.932+11.384)/ 2 )
=-1.003/15.158
=-6.62 %

Sino AG'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 )
=-0.486/( (18.172+11.384)/ 2 )
=-0.486/14.778
=-3.29 %

* 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.


Sino AG  (STU:XTP) 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
=-0.486/14.778
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.486 / 5.134)*(5.134 / 16.791)*(16.791 / 14.778)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9.47 %*0.3058*1.1362
=ROA %*Equity Multiplier
=-2.9 %*1.1362
=-3.29 %

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
=-0.486/14.778
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.486 / -0.84) * (-0.84 / 5.134) * (5.134 / 16.791) * (16.791 / 14.778)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.5786 * -16.36 % * 0.3058 * 1.1362
=-3.29 %

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.


Sino AG ROE % Related Terms

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


Sino AG Business Description

Traded in Other Exchanges
Address
Ernst-Schneider-Platz 1, Dusseldorf, DEU, 40212
Sino AG provides online brokerage services. It provides trading services for stocks, futures, options and other derivatives. The company offers services such as online account opening, stock market information and rules, information package, newsletter subscriptions, and others.
Executives
Dr. Marcus Krumbholz Supervisory Board
Ingo Hillen Board of Directors
Stefan Middelhoff Supervisory Board

Sino AG Headlines

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