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Hypercharge Networks (TSXV:HC) ROE % : -284.44% (As of Sep. 2024)


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What is Hypercharge Networks ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hypercharge Networks's annualized net income for the quarter that ended in Sep. 2024 was C$-4.52 Mil. Hypercharge Networks's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was C$1.59 Mil. Therefore, Hypercharge Networks's annualized ROE % for the quarter that ended in Sep. 2024 was -284.44%.

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

TSXV:HC' s ROE % Range Over the Past 10 Years
Min: -188.84   Med: -139.52   Max: -39.07
Current: -182.73

During the past 3 years, Hypercharge Networks's highest ROE % was -39.07%. The lowest was -188.84%. And the median was -139.52%.

TSXV:HC's ROE % is ranked worse than
99.14% of 1279 companies
in the Vehicles & Parts industry
Industry Median: 6.61 vs TSXV:HC: -182.73

Hypercharge Networks ROE % Historical Data

The historical data trend for Hypercharge Networks'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.

Hypercharge Networks ROE % Chart

Hypercharge Networks Annual Data
Trend Aug21 Aug22 Mar24
ROE %
-39.07 -188.84 -139.52

Hypercharge Networks Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Dec22 Jun23 Sep23 Dec23 Mar24 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 Premium Member Only -96.33 -164.61 -146.94 -229.92 -284.44

Competitive Comparison of Hypercharge Networks's ROE %

For the Auto Parts subindustry, Hypercharge Networks'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.


Hypercharge Networks's ROE % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Hypercharge Networks's ROE % falls into.



Hypercharge Networks ROE % Calculation

Hypercharge Networks's annualized ROE % for the fiscal year that ended in Mar. 2024 is calculated as

ROE %=Net Income (A: Mar. 2024 )/( (Total Stockholders Equity (A: Aug. 2022 )+Total Stockholders Equity (A: Mar. 2024 ))/ count )
=-8.001/( (7.964+3.505)/ 2 )
=-8.001/5.7345
=-139.52 %

Hypercharge Networks'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 )
=-4.524/( (2.097+1.084)/ 2 )
=-4.524/1.5905
=-284.44 %

* 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.


Hypercharge Networks  (TSXV:HC) 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
=-4.524/1.5905
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.524 / 5.512)*(5.512 / 4.9135)*(4.9135 / 1.5905)
=Net Margin %*Asset Turnover*Equity Multiplier
=-82.08 %*1.1218*3.0893
=ROA %*Equity Multiplier
=-92.08 %*3.0893
=-284.44 %

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
=-4.524/1.5905
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-4.524 / -4.564) * (-4.564 / -4.604) * (-4.604 / 5.512) * (5.512 / 4.9135) * (4.9135 / 1.5905)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9912 * 0.9913 * -83.53 % * 1.1218 * 3.0893
=-284.44 %

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.


Hypercharge Networks ROE % Related Terms

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Hypercharge Networks Business Description

Traded in Other Exchanges
Address
1075 West 1st Street, Suite 208, North Vancouver, BC, CAN, V7P 3T4
Hypercharge Networks Corp is an electric vehicle supply equipment company that provides turnkey electric vehicle charging solutions. As a clean-technology innovator, the company's mission is to accelerate EV adoption and shift towards a carbon-neutral economy by providing seamless, simple charging experiences through industry equipment and a robust network of public and private charging stations. It has a single segment, the sale of EV charging equipment, software, services and maintenance contracts.
Executives
Jason Baybutt Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
David Bibby Director
Navraj Dosanjh Senior Officer
Liam Firus Director
Bronson Peever Director

Hypercharge Networks Headlines

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