GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SY Holdings Group Ltd (HKSE:06069) » Definitions » ROE %

SY Holdings Group (HKSE:06069) ROE % : 4.81% (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is SY Holdings Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SY Holdings Group's annualized net income for the quarter that ended in Dec. 2023 was HK$204 Mil. SY Holdings Group's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$4,247 Mil. Therefore, SY Holdings Group's annualized ROE % for the quarter that ended in Dec. 2023 was 4.81%.

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

HKSE:06069' s ROE % Range Over the Past 10 Years
Min: 5.45   Med: 10   Max: 13.14
Current: 6.84

During the past 9 years, SY Holdings Group's highest ROE % was 13.14%. The lowest was 5.45%. And the median was 10.00%.

HKSE:06069's ROE % is ranked better than
52.43% of 515 companies
in the Credit Services industry
Industry Median: 6.39 vs HKSE:06069: 6.84

SY Holdings Group ROE % Historical Data

The historical data trend for SY Holdings Group'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.

SY Holdings Group ROE % Chart

SY Holdings Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only 12.89 13.00 12.47 5.45 6.77

SY Holdings Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 14.78 8.61 2.56 8.92 4.81

Competitive Comparison of SY Holdings Group's ROE %

For the Credit Services subindustry, SY Holdings Group'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.


SY Holdings Group's ROE % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SY Holdings Group's ROE % distribution charts can be found below:

* The bar in red indicates where SY Holdings Group's ROE % falls into.



SY Holdings Group ROE % Calculation

SY Holdings Group'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 )
=293.402/( (4373.269+4294.795)/ 2 )
=293.402/4334.032
=6.77 %

SY Holdings Group'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 )
=204.282/( (4199.671+4294.795)/ 2 )
=204.282/4247.233
=4.81 %

* 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.


SY Holdings Group  (HKSE:06069) 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
=204.282/4247.233
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(204.282 / 1025.268)*(1025.268 / 12590.9)*(12590.9 / 4247.233)
=Net Margin %*Asset Turnover*Equity Multiplier
=19.92 %*0.0814*2.9645
=ROA %*Equity Multiplier
=1.62 %*2.9645
=4.81 %

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
=204.282/4247.233
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (204.282 / 309.848) * (309.848 / 654.172) * (654.172 / 1025.268) * (1025.268 / 12590.9) * (12590.9 / 4247.233)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6593 * 0.4736 * 63.8 % * 0.0814 * 2.9645
=4.81 %

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.


SY Holdings Group ROE % Related Terms

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


SY Holdings Group (HKSE:06069) Business Description

Traded in Other Exchanges
N/A
Address
1-1 Zhong Xin Number 4 Road, 10/F and 18/F, Kerry Plaza Tower 2, Futian District, Shenzhen, CHN, 518048
SY Holdings Group Ltd, formerly Sheng Ye Capital Ltd is a financial services provider, that offers accounts receivable financing and other related solutions in the People's Republic of China. The company also provides factoring and credit assessment services. It earns its revenue from the provision of factoring services, guarantee services, information technology services, consulting services, and other services to customers in the People's Republic of China.
Executives
Tung Chi Fung 2307 Founder of a discretionary trust who can infl
Eander Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Wisdom Cosmos Limited 2101 Beneficial owner
Xitong International Holdings (hk) Limited 2101 Beneficial owner
Wu Xi Shi Jiao Tong Chan Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

SY Holdings Group (HKSE:06069) Headlines

No Headlines