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Powerlong Commercial Management Holdings (HKSE:09909) ROE % : 13.11% (As of Dec. 2023)


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What is Powerlong Commercial Management Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Powerlong Commercial Management Holdings's annualized net income for the quarter that ended in Dec. 2023 was HK$429 Mil. Powerlong Commercial Management Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$3,271 Mil. Therefore, Powerlong Commercial Management Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was 13.11%.

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

HKSE:09909' s ROE % Range Over the Past 10 Years
Min: 15.5   Med: 19.46   Max: 354
Current: 15.5

During the past 8 years, Powerlong Commercial Management Holdings's highest ROE % was 354.00%. The lowest was 15.50%. And the median was 19.46%.

HKSE:09909's ROE % is ranked better than
87.12% of 1778 companies
in the Real Estate industry
Industry Median: 2.73 vs HKSE:09909: 15.50

Powerlong Commercial Management Holdings ROE % Historical Data

The historical data trend for Powerlong Commercial Management Holdings'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.

Powerlong Commercial Management Holdings ROE % Chart

Powerlong Commercial Management Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 19.61 16.75 19.30 16.35 15.52

Powerlong Commercial Management Holdings Semi-Annual Data
Dec16 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 19.92 18.75 14.97 17.99 13.11

Competitive Comparison of Powerlong Commercial Management Holdings's ROE %

For the Real Estate Services subindustry, Powerlong Commercial Management Holdings'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.


Powerlong Commercial Management Holdings's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Powerlong Commercial Management Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Powerlong Commercial Management Holdings's ROE % falls into.



Powerlong Commercial Management Holdings ROE % Calculation

Powerlong Commercial Management Holdings'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 )
=495.429/( (3046.512+3339.6)/ 2 )
=495.429/3193.056
=15.52 %

Powerlong Commercial Management Holdings'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 )
=428.704/( (3202.806+3339.6)/ 2 )
=428.704/3271.203
=13.11 %

* 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.


Powerlong Commercial Management Holdings  (HKSE:09909) 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
=428.704/3271.203
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(428.704 / 2977.082)*(2977.082 / 6012.016)*(6012.016 / 3271.203)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.4 %*0.4952*1.8379
=ROA %*Equity Multiplier
=7.13 %*1.8379
=13.11 %

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
=428.704/3271.203
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (428.704 / 573.112) * (573.112 / 603.324) * (603.324 / 2977.082) * (2977.082 / 6012.016) * (6012.016 / 3271.203)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.748 * 0.9499 * 20.27 % * 0.4952 * 1.8379
=13.11 %

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.


Powerlong Commercial Management Holdings ROE % Related Terms

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Powerlong Commercial Management Holdings (HKSE:09909) Business Description

Traded in Other Exchanges
N/A
Address
1399 Xinzhen Road, Powerlong Tower, Minhang District, Shanghai, CHN, 201101
Powerlong Commercial Management Holdings Ltd is a commercial operation service provider in China. The company provides commercial operation services for developers, tenants, and owners of retail commercial properties. It operates through two segments: Commercial operational services and Residential property management service. Its operations include market research and positioning, tenant sourcing and opening preparation services, commercial operation and management services, and property leasing services; and Property management services, consisting of pre-sale management services, property management services, and other value-added services. Its commercial operational services are provided under four brands, namely Powerlong One Mall, Powerlong City, Powerlong Plaza, and Powerlong Land.
Executives
Hoi Wa Fong 2201 Interest of corporation controlled by you
Huihong Management (ptc) Limited
Shih Sze Ni Cecilia 2202 Interest of your spouse
Hoi Kin Hong
Powerlong Real Estate (bvi) Holdings Limited
Powerlong Real Estate Holdings Limited
Skylong Holdings Limited
Wong Lai Chan

Powerlong Commercial Management Holdings (HKSE:09909) Headlines

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