GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Prime Intelligence Solutions Group Ltd (HKSE:08379) » Definitions » ROE %

Prime Intelligence Solutions Group (HKSE:08379) ROE % : -116.83% (As of Sep. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Prime Intelligence Solutions Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Prime Intelligence Solutions Group's annualized net income for the quarter that ended in Sep. 2023 was HK$-15.73 Mil. Prime Intelligence Solutions Group's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was HK$13.46 Mil. Therefore, Prime Intelligence Solutions Group's annualized ROE % for the quarter that ended in Sep. 2023 was -116.83%.

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

HKSE:08379' s ROE % Range Over the Past 10 Years
Min: -134.26   Med: -3.68   Max: 44.83
Current: -134.26

During the past 9 years, Prime Intelligence Solutions Group's highest ROE % was 44.83%. The lowest was -134.26%. And the median was -3.68%.

HKSE:08379's ROE % is ranked worse than
97.78% of 1038 companies
in the Business Services industry
Industry Median: 8.305 vs HKSE:08379: -134.26

Prime Intelligence Solutions Group ROE % Historical Data

The historical data trend for Prime Intelligence Solutions 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.

Prime Intelligence Solutions Group ROE % Chart

Prime Intelligence Solutions Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
Get a 7-Day Free Trial Premium Member Only -3.68 -8.31 -32.81 -51.53 -58.55

Prime Intelligence Solutions Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only -65.56 -90.48 -144.26 -116.83 -

Competitive Comparison of Prime Intelligence Solutions Group's ROE %

For the Security & Protection Services subindustry, Prime Intelligence Solutions 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.


Prime Intelligence Solutions Group's ROE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Prime Intelligence Solutions Group's ROE % distribution charts can be found below:

* The bar in red indicates where Prime Intelligence Solutions Group's ROE % falls into.



Prime Intelligence Solutions Group ROE % Calculation

Prime Intelligence Solutions Group'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: Mar. 2023 )+Total Stockholders Equity (A: Mar. 2024 ))/ count )
=-15.627/( (34.596+18.785)/ 2 )
=-15.627/26.6905
=-58.55 %

Prime Intelligence Solutions Group's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-15.728/( (3.12+23.804)/ 2 )
=-15.728/13.462
=-116.83 %

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


Prime Intelligence Solutions Group  (HKSE:08379) 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. 2023 )
=Net Income/Total Stockholders Equity
=-15.728/13.462
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-15.728 / 48.688)*(48.688 / 47.376)*(47.376 / 13.462)
=Net Margin %*Asset Turnover*Equity Multiplier
=-32.3 %*1.0277*3.5192
=ROA %*Equity Multiplier
=-33.19 %*3.5192
=-116.83 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-15.728/13.462
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-15.728 / -15.728) * (-15.728 / -16.364) * (-16.364 / 48.688) * (48.688 / 47.376) * (47.376 / 13.462)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9611 * -33.61 % * 1.0277 * 3.5192
=-116.83 %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Prime Intelligence Solutions Group ROE % Related Terms

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


Prime Intelligence Solutions Group Business Description

Traded in Other Exchanges
N/A
Address
Nos. 132-134 Tai Lin Pai Road, Unit A, 6th Floor, TLP132, Kwai Chung, New Territories, Hong Kong, HKG
Prime Intelligence Solutions Group Ltd is an investment holding company. The company is engaged in the sales of biometrics identification devices and security products and the provision of application software and repair and maintenance services. Its segments include Sales of biometrics identification devices, security products, and other accessories; and Provision of auxiliary and other services including maintenance, installation and solution services, and software licensing. Geographical revenue is been derived from Hong Kong with a presence in China.
Executives
Kor Sing Mung Michael 2201 Interest of corporation controlled by you
Super Arena Limited 2101 Beneficial owner
Delighting View Global Limited 2101 Beneficial owner
Yuen Kwok Wai Tony 2201 Interest of corporation controlled by you
Yuen Mei Ling Pauline 2201 Interest of corporation controlled by you
Primary Group International Limited 2101 Beneficial owner
Ren Zixuan 2201 Interest of corporation controlled by you
Jian Yanmei 2202 Interest of your spouse
Yao Han 2101 Beneficial owner
Soleil Capital Limited 2201 Interest of corporation controlled by you
Teo Kian Huat 2201 Interest of corporation controlled by you
Kailong Asia Limited 2501 Other

Prime Intelligence Solutions Group Headlines

No Headlines