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Robosense Technology Co (HKSE:02498) ROE % : 0.00% (As of Dec. 2023)


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What is Robosense Technology Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Robosense Technology Co's annualized net income for the quarter that ended in Dec. 2023 was HK$-7,800 Mil. Robosense Technology Co's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$-8,177 Mil. Therefore, Robosense Technology Co's annualized ROE % for the quarter that ended in Dec. 2023 was N/A%.

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

HKSE:02498's ROE % is not ranked *
in the Hardware industry.
Industry Median: 4.64
* Ranked among companies with meaningful ROE % only.

Robosense Technology Co ROE % Historical Data

The historical data trend for Robosense Technology 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.

Robosense Technology Co ROE % Chart

Robosense Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
- - - -

Robosense Technology Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
ROE % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Robosense Technology Co's ROE %

For the Computer Hardware subindustry, Robosense Technology 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.


Robosense Technology Co's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Robosense Technology Co's ROE % distribution charts can be found below:

* The bar in red indicates where Robosense Technology Co's ROE % falls into.



Robosense Technology Co ROE % Calculation

Robosense Technology 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 )
=-4743.313/( (-5636.543+-9937.722)/ 2 )
=-4743.313/-7787.1325
=N/A %

Robosense Technology Co'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 )
=-7799.534/( (-6415.432+-9937.722)/ 2 )
=-7799.534/-8176.577
=N/A %

* 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.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Robosense Technology Co  (HKSE:02498) 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
=-7799.534/-8176.577
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7799.534 / 1730.58)*(1730.58 / 3561.2235)*(3561.2235 / -8176.577)
=Net Margin %*Asset Turnover*Equity Multiplier
=-450.69 %*0.486*N/A
=ROA %*Equity Multiplier
=-219.04 %*N/A
=N/A %

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
=-7799.534/-8176.577
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-7799.534 / -7791.37) * (-7791.37 / -1091.912) * (-1091.912 / 1730.58) * (1730.58 / 3561.2235) * (3561.2235 / -8176.577)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.001 * 7.1355 * -63.1 % * 0.486 * N/A
=N/A %

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.


Robosense Technology Co ROE % Related Terms

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Robosense Technology Co (HKSE:02498) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Building 9, Zhongguan Honghualing Industry, Southern District 1213 Liuxian Avenue, Taoyuan Street Nanshan District, Shenzhen, CHN
Robosense Technology Co Ltd is a company whose business is focused on full-stack systems incorporate LiDAR sensors, proprietary system on a chip and cutting-edge perception software. By integrating hardware and software, They have differentiated themselves from most LiDAR companies in the market who only focus on hardware. Combined with visual or other sensors, LiDAR forms perception solutions that endow automobiles and robots with perception capabilities. They develop our solutions based on chipdriven LiDAR hardware and AI perception software, expanding application scenarios and realizing large-scale commercialization in the industry.
Executives
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
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Emerald Forest International Limited 2101 Beneficial owner
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Blackpearl Global Limited 2101 Beneficial owner
Zhu Xiaorui 2103 Interests held jointly with another person

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