Hero Innovation Group

Hero Innovation Group ROE

The Return on Equity (ROE) of Hero Innovation Group (HRO.CN) as of Oct 21, 2026 is 70.08 %. In the previous year, Return on Equity (ROE) was 166.27 % — a change of -57.86% (lower).

ROE

70.08 %

YoY

-57.86%

Last updated:

In 2023, Hero Innovation Group's return on equity (ROE) was 70.08 %, a -57.86% increase from the 166.27 % ROE in the previous year.

The Hero Innovation Group ROE history

  • 3 Years

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  • Max

ROE
Date
ROE
Jan 1, 2018
-62.15 CAD
Jan 1, 2019
-152.45 CAD
Jan 1, 2020
1,481.67 CAD
Jan 1, 2021
2,693.50 CAD
Jan 1, 2022
166.27 CAD
Jan 1, 2023
70.08 CAD
The Hero Innovation Group ROE history
YEARROEYoY
70.08 %-57.86%
166.27 %-93.83%
2,693.50 %+81.79%
1,481.67 %-1,071.90%
-152.45 %+145.30%
-62.15 %—

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Hero Innovation Group Stock analysis

What does Hero Innovation Group do? Hero Innovation Group Inc. generates revenue through its flagship product Hero Financials, which provides comprehensive financial solutions for tech and financial services customers. The company also offers SideKick, a turnkey solution powered by Mastercard, enabling international parents to send, monitor, and control funds for their children studying in Canada. SideKick is accepted wherever prepaid Mastercards are used, both in-store and online. The firm's technology suite includes Digital Wallet Accounts, Budget Management, Security & Monitoring, Money Transfer Integration, Hub Solution & APIs, and Data Management, all designed to serve its target segments. Hero Financials targets customers in the tech and financial services sectors seeking integrated financial solutions. SideKick specifically serves international parents managing finances for children studying abroad in Canada, leveraging Mastercard's global acceptance. The company's technology products are sold to businesses requiring digital financial tools, including budgeting, security, and money transfer capabilities. These offerings cater to segments focused on secure, efficient financial management for both individual and institutional clients. The company's revenue streams are derived from the sale of Hero Financials and SideKick, along with the technology suite. Hero Financials is positioned as the core product for broader financial services, while SideKick addresses a niche market of international education finance. Mastercard powers SideKick, ensuring its usability across global payment networks, which enhances its appeal to customers seeking seamless cross-border financial transactions. Hero Innovation Group is one of the most popular companies on Eulerpool.

ROE Details

Decoding Hero Innovation Group's Return on Equity (ROE)

Hero Innovation Group's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Hero Innovation Group's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Hero Innovation Group's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Hero Innovation Group’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Hero Innovation Group stock

Return on Equity (ROE) of Hero Innovation Group is 70.08 % in 2023.

Return on Equity (ROE) of Hero Innovation Group changed from 166.27 % to 70.08 %, representing a -57.86% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Equity (ROE) Hero Innovation Group since 2006 – with annual values, charts, and detailed analysis.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Equity (ROE)'s Hero Innovation Group with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Equity (ROE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Equity (ROE).

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Profitability — Hero Innovation Group

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Hero Innovation Group