GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing UBOX Online Technology Corp (HKSE:02429) » Definitions » ROE %

Beijing UBOX Online Technology (HKSE:02429) ROE % : -38.30% (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Beijing UBOX Online Technology ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Beijing UBOX Online Technology's annualized net income for the quarter that ended in Dec. 2023 was HK$-382 Mil. Beijing UBOX Online Technology's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$998 Mil. Therefore, Beijing UBOX Online Technology's annualized ROE % for the quarter that ended in Dec. 2023 was -38.30%.

The historical rank and industry rank for Beijing UBOX Online Technology's ROE % or its related term are showing as below:

HKSE:02429' s ROE % Range Over the Past 10 Years
Min: -59.92   Med: -24.04   Max: 1.72
Current: -34.74

During the past 5 years, Beijing UBOX Online Technology's highest ROE % was 1.72%. The lowest was -59.92%. And the median was -24.04%.

HKSE:02429's ROE % is ranked worse than
93.78% of 2957 companies
in the Industrial Products industry
Industry Median: 6.82 vs HKSE:02429: -34.74

Beijing UBOX Online Technology ROE % Historical Data

The historical data trend for Beijing UBOX Online Technology'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.

Beijing UBOX Online Technology ROE % Chart

Beijing UBOX Online Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
1.72 -59.92 -13.86 -24.04 -33.58

Beijing UBOX Online Technology Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
ROE % Get a 7-Day Free Trial - -19.29 -32.04 -32.47 -38.30

Competitive Comparison of Beijing UBOX Online Technology's ROE %

For the Business Equipment & Supplies subindustry, Beijing UBOX Online Technology'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.


Beijing UBOX Online Technology's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing UBOX Online Technology's ROE % distribution charts can be found below:

* The bar in red indicates where Beijing UBOX Online Technology's ROE % falls into.



Beijing UBOX Online Technology ROE % Calculation

Beijing UBOX Online Technology'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 )
=-357.988/( (1094.92+1037.134)/ 2 )
=-357.988/1066.027
=-33.58 %

Beijing UBOX Online Technology's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-382.418/( (959.825+1037.134)/ 2 )
=-382.418/998.4795
=-38.30 %

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


Beijing UBOX Online Technology  (HKSE:02429) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-382.418/998.4795
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-382.418 / 3104.892)*(3104.892 / 1666.072)*(1666.072 / 998.4795)
=Net Margin %*Asset Turnover*Equity Multiplier
=-12.32 %*1.8636*1.6686
=ROA %*Equity Multiplier
=-22.96 %*1.6686
=-38.30 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-382.418/998.4795
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-382.418 / -366.094) * (-366.094 / -309.224) * (-309.224 / 3104.892) * (3104.892 / 1666.072) * (1666.072 / 998.4795)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0446 * 1.1839 * -9.96 % * 1.8636 * 1.6686
=-38.30 %

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


Beijing UBOX Online Technology ROE % Related Terms

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


Beijing UBOX Online Technology (HKSE:02429) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
West Second Shenyun Road, 4th Floor, Tower A, Tagen Knowledge & Innovation Center, Nanshan, Shenzhen, CHN
Beijing UBOX Online Technology Corp is a vending machine operator in mainland China. It has rapidly established an extensive point-of-sale, or POS, network covering a wide range of consumption scenarios, including schools, factories, office premises, public venues, transportation hubs and restaurants. Through its expansive POS network, it is able to provide services to a variety of participants along the unmanned retail industry value chain. The company operates in five business segments; Unmanned retail business, Advertising and system support services, Merchandise wholesale, Vending machine sales and leases, and Others.

Beijing UBOX Online Technology (HKSE:02429) Headlines

No Headlines