Pioneer of technology companies -Microsoft
William Henry Gates III (born October 28, 1955) is an American business tycoon, software developer, investor, and philanthropist. He is the co-founder of Microsoft Corporation. During his career at Microsoft, Gates served as chairman, chief executive officer (CEO), president and chief software architect until May 2014. He was the largest individual shareholder. He was Microsoft’s most famous entrepreneur and one of the pioneers of the microcomputer revolution in the 1970s and 1980s.
Gates was born and raised in Seattle, Washington. In 1975, he co-founded Microsoft with his childhood friend Paul Allen; it went on to become the world's largest personal computer software company. Gates led the company as chairman and chief executive officer until he stepped down as CEO in January 2000, but he still served as chairman and became chief software architect. In the late 1990s, Gates was criticized for his business strategy, which was considered anti-competitive. Many court decisions support this view. In June 2006, Gates announced that he would be transferred to a part-time position at Microsoft and will work full-time at the Bill & Melinda Gates Foundation, which is run by him and his wife Melinda · Gates was established in 2000. He gradually transferred responsibilities to Ray Ozzie and Craig Mundie. He stepped down as the chairman of Microsoft in February 2014 and served as a technical consultant to support the newly appointed CEO Satya Nadella (Satya Nadella).
Since 1987, he has been included in the "Forbes" list of the richest people in the world. From 1995 to 2017, he won the title of "Forbes" as the richest man in all years except those four years. In October 2017, he was surpassed by Amazon founder and CEO Jeff Bezos, whose estimated net worth was $90.6 billion, while Gates' net worth at the time was $89.9 billion. As of November 2019, Gates’ net worth is estimated at US$107.1 billion, making him the second richest person in the world after Bezos.
In the latter part of his career, Gates has engaged in many charities since he left Microsoft's daily business in 2008. Through the Bill & Melinda Gates Foundation (Bill & Melinda Gates Foundation), he donated a large amount of funds to various charitable organizations and scientific research projects. According to reports, the foundation is the largest private charity in the world. Gates and Warren Buffett created the "Giving Pledge" in 2009, according to which they and other billionaires pledged at least half of their wealth to charity. The foundation stated that it is committed to saving lives and improving global health, and is working with Rotary International to eliminate polio.
Photo of 22-year-old Gates after he was arrested for a traffic violation Gates and his wife Melinda, 2009
in Albuquerque, New Mexico in 1977
Microsoft Corporation
Microsoft is a multinational computer technology company. Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975 in Albuquerque, New Mexico. Its current best-selling product is the Microsoft Windows operating system. Microsoft Office, a set of productivity software; Xbox, a game, music and video entertainment product; Bing, a series of search engines; and Microsoft Azure, a cloud service platform.
In 1980, Microsoft and IBM established a cooperative relationship to bundle Microsoft's operating system with IBM computers. Through this transaction, IBM paid Microsoft royalties for each transaction. In 1985, IBM asked Microsoft to develop a new operating system for their computers, called OS/2. Microsoft produced the operating system, but continued to sell its own alternative products, which proved to be in direct competition with OS/2. In terms of sales, Microsoft Windows finally eclipsed OS/2. When Microsoft released multiple versions of Microsoft Windows in the 1990s, they had already occupied more than 90% of the global personal computer market.
As of December 31, 2019, Microsoft's global annual revenue was US$125.84 billion and it had 128,076 employees worldwide. It develops, manufactures, licenses and supports various software products for computing devices.
Bank Assessment
PE refers to the ratio of stock price to company earnings. The PE ratio can help investors judge the company’s stock price and earnings. A high PE value means that the company’s profitability is low for the stock price and the stock value is overvalued; a low PE value means that the company’s earnings are relatively high relative to the stock price. The stock value is undervalued. But investors usually pay more attention to the company's future development prospects. Microsoft's PE value is 32.6, better than the peer average of 4193.
The market-to-sales ratio (P/S) is the valuation ratio that compares the company's stock price with its income. It represents the value of each dollar of company sales or revenue. Microsoft's PS value is 10.1, which is better than the peer average of 12.7.
PB value refers to the ratio of stock price to the company's net assets. The PB value can be used as an important method of market analysis. A low PB value means that the stock price is relatively cheap and the stock value is undervalued. A high PB value means that the stock price is relatively expensive and the stock value is overvalued. Microsoft's PB value is 12.3, which is better than the peer average of 20.8.
ROE refers to measuring a company's financial performance by calculating net income divided by net asset value. High ROE means high returns and stocks are more likely to be favored by investors. On the contrary, low ROE means low returns. Microsoft's ROE value is 41.71%, which is better than the peer average of 17.49%. Debt to Cap refers to the ratio of debt to assets. Generally speaking, a large value means that the company's debt is high and the company will have risks. But this is not absolute. If the company's debt is low and the company's profit is high, the company's debt will make the company grow healthier. Microsoft's Debt to Cap value is 39.65, which is the same as the peer average of 39.77.
The rating agency's assessment of Microsoft is: 21 agencies advocate buying, and one agency advocates maintaining. The lowest price given by the organization is $180, the highest price is $220, and the average price is $198.89. The current Microsoft stock price is $184.
Average Annual Return
Microsoft's 10-year average return is 17%, plus dividends close to 20%, far higher than the Dow Jones index's average return of 12%.
E-commerce giant Bezos and Amazon
Jeffrey Preston Bezos (born January 12, 1964) is an American industrialist, media owner and investor. He is known as the founder, CEO and president of Amazon, an online retail company. Bezos is the first billionaire on the Forbes Wealth Index. He has been the world’s richest man since 2017. After his net worth increased to US$150 billion in July 2018, he was named a “modern history The richest man". In September 2018, "Forbes" described him as "richer than anyone on earth." When Amazon became the second company in history to reach a market value of $1 trillion, his net worth increased by $1.8 billion.
Bezos established BlueOrigin, an aerospace manufacturer and suborbital space service company, in 2000. The BlueOrigin test flight successfully entered space for the first time in 2015, and the company also plans to begin commercial suborbital human spaceflight. He also acquired the major U.S. newspaper The Washington Post for $250 million in cash in 2013, and managed many other investments through his Bezos Expeditions venture capital firm.
Bezos (center) in the robot cooperative in 2005 Bezos received the 2016 James Smithson Centennial Award for working at Amazon.
Bezos and NASA Deputy Administrator Lori Garver (fourth from left) visited the crew cabin of Blue Origin in 2011
Founded Amazon
The creation of Amazon is what Jeff Bezos calls the "Regret Minimization Framework", which describes his efforts to resist those who regretted not participating in the Internet business boom during that time. In 1994, Bezos left the position of vice president of D. E. Shaw & Co., a Wall Street company, and moved to Seattle, Washington, where he began to develop business plans to become Amazon.com.
On July 5, 1994, Bezos initially established a company in Washington State under the name Cadabra Inc. A few months later, after a lawyer mistakenly referred to his original name as "corpse," he changed the name to Amazon Inc. In the early days, the company operated outside the garage of the Bezos House on 28th Street Northeast of Bellevue, Washington. In September 1994, Bezos purchased the domain name relentless.com and briefly considered naming its online store Relentless, but friends told him that the name sounded a little sinister. The domain is still owned by Bezos and is still redirected to the retailer.
Bezos chose the name Amazon by browsing the dictionary. He chose "Amazon" because it is an "exotic and distinctive" place, as he envisioned for his Internet business. He pointed out that the Amazon River is the largest river in the world, and he plans to make his store the largest bookstore in the world. Also, a name starting with "A" is preferred because it may be at the top of the alphabetical list. Bezos went all the way in the process of building the brand and told reporters: "There is nothing in our model that can be copied over time. But McDonald's was copied. It still built billions of dollars Huge asset companies. Many boil down to brand names. Online brand names are more important than actual brands."
Bank assessment
PE refers to the ratio of stock price to company earnings. The PE ratio can help investors judge the company’s stock price and earnings. A high PE value means that the company’s profitability is low for the stock price and the stock value is overvalued; a low PE value means that the company’s earnings are relatively high relative to the stock price. The stock value is undervalued. But investors usually pay more attention to the company's future development prospects. Amazon's PE value is 119.3, the same as the peer average of 119.4.
The market-to-sales ratio (P/S) is the valuation ratio that compares the company's stock price with its income. It represents the value of each dollar of company sales or revenue. Amazon's PS value is 4.2, and the peer average is 4.5.
PB value refers to the ratio of stock price to the company's net assets. The PB value can be used as an important method of market analysis. A low PB value means that the stock price is relatively cheap and the stock value is undervalued. A high PB value means that the stock price is relatively expensive and the stock value is overvalued. Amazon's PB value is 19.1, and its peer average is 19.6.
ROE refers to the measurement of a company's financial performance by calculating net income divided by net asset value. High ROE means high returns and stocks are more likely to be favored by investors. On the contrary, low ROE means low returns. Amazon's ROE value is 18.58%, and the peer average is 17.63%.
Debt to Cap refers to the ratio of debt to assets. Generally speaking, its large value means that the company's debt is high, and the company will have risks. But this is not absolute. If interest rates are low and the company's profits are high, the company's debt will make the company grow healthier. Amazon's Debt to Cap value is 38.72, and the peer average is 43.12.
Average Annual Return
Amazon's investment returns in the past 10 years have been amazing, with an increase of 2230% in 10 years, averaging 223% per year. This fully illustrates that cloud technology and Internet commerce have become the direction of future development.
Buffett and Berkshire Hathaway
Warren Edward Buffett (born August 30, 1930) is an American investor, business tycoon and philanthropist, and the chairman and chief executive officer of Berkshire Hathaway. He is considered one of the most successful investors in the world. As of December 2019, his net worth is US$88.9 billion, making him the fourth richest person in the world.
Buffett was born in Omaha, Nebraska. He became interested in business investment and eventually entered the Wharton School of the University of Pennsylvania in 1947, then transferred and graduated from the University of Nebraska at the age of 19. He went on to graduate from Columbia Business School, where he shaped his investment philosophy around the value investment concept pioneered by Benjamin Graham. He attended the New York School of Finance to pay attention to his economics background and soon began various business partnerships, including business partnerships with Graham. He founded the Buffett Partnership in 1956, and his company eventually acquired a textile manufacturing company called Berkshire Hathaway and established a diversified holding company under his name. In 1978, Charlie Munger joined Buffett and became the company's vice chairman.
Since 1970, Buffett has been the chairman and largest shareholder of Berkshire Hathaway. Global media referred to him as the "Oracle" or "sage" of Omaha. Despite his huge wealth, he still insists on value investing and is personally frugal, which is why he is famous. A research report published by the University of Oxford characterizes Buffett’s investment approach as “founder-centrism”, that is, respect for the founders with open-minded managers, the collective moral attitude of shareholders, and a high degree of concern for exponential value creation. In essence, Buffett's concentrated investment frees managers from short-term market pressure.
Buffett is a well-known philanthropist who promised to donate 99% of his wealth to charity, mainly through the Bill and Melinda Gates Foundation. He and Bill Gates co-founded the "Giving Pledge" in 2009, under which billionaires pledged to donate at least half of their wealth.
Berkshire Hathaway
Berkshire Hathaway is an American multinational group holding company headquartered in Omaha, Nebraska. The company wholly owns the US listed companies Kraft Heinz (26.7%), American Express (17.6%), Wells Fargo (9.9%), Coca-Cola (9.32%), Bank of America (6.8%) and Apple (5.22%). Starting in 2016, the company acquired a large number of shares in major US airlines, namely United Airlines, Delta Airlines, Southwest Airlines and American Airlines, but sold all airline shares in early 2020. Since 1965, Berkshire Hathaway has increased its shareholders’ book value by an average of 19.0% per year (compared to 9.7% for the S&P 500, including dividends over the same period), while using A lot of capital and very little debt.
Bank Assessment
PE refers to the ratio of stock price to company earnings. The PE ratio can help investors judge the company’s stock price and earnings. A high PE value means that the company’s profitability is low for the stock price and the stock value is overvalued; a low PE value means that the company’s earnings are relatively high relative to the stock price. The stock value is undervalued. But investors usually pay more attention to the company's future development prospects. Berkshire Hathaway's PE value is 45.2, and its peer average is 36.6.
The market-to-sales ratio (P/S) is a valuation ratio that compares a company's stock price with its income. It represents the value of each dollar of company sales or revenue. Berkshire Hathaway’s PS value is 1.7, and its peer average is 2.
PB value refers to the ratio of stock price to the company's net assets. The PB value can be used as an important method of market analysis. A low PB value means that the stock price is relatively cheap and the stock value is undervalued. A high PB value means that the stock price is relatively expensive and the stock value is overvalued. Berkshire Hathaway’s PB value is 1.2, and its peer average is 2.5.
ROE refers to the measurement of a company's financial performance by calculating net income divided by net asset value. High ROE means high returns and stocks are more likely to be favored by investors. On the contrary, low ROE means low returns. Berkshire Hathaway's ROE value is 2.7%, and the peer average is 8.5%.
Debt to Cap refers to the ratio of debt to assets. Generally speaking, a large value means that the company's debt is high and the company will have risks. But this is not absolute. If the company's debt is low and the company's profit is high, the company's debt will make the company grow healthier. Berkshire Hathaway’s Debt to Cap value is 21.74, and its peer average is 30.22.
The rating agency's assessment of Berkshire Hathaway is: 1 agency advocates buying, and 2 agencies advocate maintaining. The average price is $350,000, and Berkshire Hathaway’s current share price is $276,965.
Average annual return
Berkshire Hathaway beat Standard & Poor's by more than 10% in 45% of the time, but only beat S&P by more than 10% in 20% of the time. Each miserable year exceeds two great years. When earnings are positive, Berkshire's average annual earnings exceed 34%.
Warren Edward Buffett August 30, 1930 (aged 89) Buffett met with President Barack Obama at the White House in July 2011
Omaha, Nebraska, USA
Visa Inc.
Visa Inc. is an American multinational financial services company headquartered in Foster City, California, USA. It facilitates the transfer of electronic funds worldwide, the most common being payments made through Visa-branded credit, debit and prepaid cards. Visa will not issue cards for consumers, provide credit or set rates and fees; Visa will provide Visa-branded payment products to financial institutions, which are then used to provide customers with credit, debit, prepaid and cash access programs. In 2015, the Nielsen Report, a publication tracking the credit card industry, found that Visa's global network (called VisaNet) processed 100 billion transactions in 2014, with a total transaction value of US$6.8 trillion.
It was established by Bank of America (BofA) in 1958 as the BankAmericard credit card program. In response to rival Master Charge (now MasterCard), Bank of America began to license the BankAmericard program to other financial institutions in 1966. By 1970, Bank of America gave up direct control of the BankAmericard program and formed a consortium with other Bank Americard issuing banks to take over its management. It was renamed Visa in 1976.
Visa's business covers six continents. Almost all Visa transactions worldwide are processed through VisaNet, which is directly operated by the company, at one of the four secure data centers in Ashburn, Virginia; Colorado Highland Ranch; London, the United Kingdom, and Singapore. The security of these facilities is high and can resist natural disasters, crime and terrorism. It can run independently of each other, and can run independently of external utilities when necessary; and can process up to 30,000 concurrent transactions and up to 100 billion calculations per second.
According to the annual card payment amount of the transaction and the number of cards issued, Visa is the world's second largest card payment organization (debit card and credit card combined), surpassed by China UnionPay in 2015.
Bank Assessment
PE refers to the ratio of stock price to company earnings. The PE ratio can help investors judge the company’s stock price and earnings. A high PE value means that the company’s profitability is low for the stock price and the stock value is overvalued; a low PE value means that the company’s earnings are relatively high relative to the stock price. The stock value is undervalued. But investors usually pay more attention to the company's future development prospects. PE refers to the ratio of stock price to company earnings. The PE ratio can help investors judge the company’s stock price and earnings. A high PE value means that the company’s profitability is low for the stock price and the stock value is overvalued; a low PE value means that the company’s earnings are relatively high relative to the stock price. The stock value is undervalued. But investors usually pay more attention to the company's future development prospects. PE refers to the ratio of stock price to company earnings. The PE ratio can help investors judge the company’s stock price and earnings. A high PE value means that the company’s profitability is low for the stock price and the stock value is overvalued; a low PE value means that the company’s earnings are relatively high relative to the stock price. The stock value is undervalued. But investors usually pay more attention to the company's future development prospects. VISA's PE value is 34.6, and the peer average is 39.8.
The market-to-sales ratio (P/S) is a valuation ratio that compares a company's stock price with its income. It represents the value of each dollar of company sales or revenue. The PS value of VISA is 17.1, and the peer average is 10.5.
PB value refers to the ratio of stock price to the company's net assets. The PB value can be used as an important method of market analysis. A low PB value means that the stock price is relatively cheap and the stock value is undervalued. A high PB value means that the stock price is relatively expensive and the stock value is overvalued. The PB value of VISA is 14.1, and the peer average is 12.
ROE refers to the measurement of a company's financial performance by calculating net income divided by net asset value. High ROE means high returns and stocks are more likely to be favored by investors. On the contrary, low ROE means low returns. VISA's ROE value is 41.54%, and the peer average is 17.18%.
Debt to Cap refers to the ratio of debt to assets. Generally speaking, a large value means that the company's debt is high and the company will have risks. But this is not absolute. If the company's debt is low and the company's profitability is high, the company's debt will make the company grow healthier. The Debt to Cap value of VISA is 34.10, and the peer average is 24.96.
The rating agency's assessment of VISA is: 19 agencies advocate buying and 4 agencies advocate maintaining. The average price is $201.80, and the current stock price of VISA is $189.20.
Canada biggest energy infrastructure company Enbridge Corporation
Enbridge Inc. is a Canadian multinational energy transportation company based in Calgary, Alberta, Canada. It mainly focuses on energy transportation, distribution and power generation in North America. As a transporter of energy, British Bridge operates in Canada and the United States, which is the longest crude oil and liquid hydrocarbon transportation system in North America. As a distributor of various fuels, it owns and operates Canada's largest natural gas distribution network, providing distribution services in Ontario, Quebec and New York.
History
The company was originally established by Imperial Oil on April 30, 1949 as the Canadian Interprovincial Pipeline Company (IPL). This was the first discovery in Leduc, Alberta, Canada in 1947. After major oil. In the same year, the company established the first oil pipeline from Leduc to Regina, Saskatchewan. In 1950, it expanded through Gretna, Manitoba to Superior, Wisconsin, USA. To operate the American portion of the pipeline, Lakehead Pipeline Company (now Enbridge Energy Partners) was created. In 1953, the pipeline was extended to Sarnia, Ontario, and to Toronto and Buffalo, New York in 1956.
In 1953, IPL was listed on the Toronto and Montreal stock exchanges. In 1983, IPL established the Norman Wells Pipeline and joined the Frontier Pipeline Company. In 1986, IPL obtained control of Home Oil through a series of equity transactions, and in 1988 changed its name to Inter home Energy Inc. In 1991, it was renamed Interprovincial Pipe Line Inc.
In 1992, Interprovincial Pipe Line System Inc. (Interprovincial Pipe Line System Inc.) acquired Interprovincial Line System Inc., which acquired Consumer’s Gas (now Enbridge Gas Distribution Inc.) and realized After diversifying natural gas, it was renamed IPL Energy Inc. in 1994. Distribution business. In addition, it has acquired shares in Alta Gas Services and the power company in Cornwall, Ontario. Throughout the 1990s, the company expanded its natural gas pipeline network and acquired shares in Chi cap Oil Pipelines. It also built the Athabasca pipeline from northeastern Alberta to the main pipeline system. In 1995, the company expanded its business outside North America by purchasing a stake in the Ocensa pipeline. The shares were sold in 2009. IPL Energy became Enbridge Inc. in 1998. The name Enbridge is a combination of "energy" and "bridge".
In the 2000s, Enbridge introduced several large projects. In 2006, it announced the Enbridge Northern Gateway pipeline project from Athabasca to Kitimat, British Columbia. In the same year, it announced the Alberta Clippers pipeline project from Hardisty, Alberta to Superior, Wisconsin, to connect the oil sands production area with the existing network. The pipeline was put into operation in 2010.
In 2009, Enbridge acquired the Sarnia photovoltaic power station and expanded it to 80 MW, which was the largest photovoltaic power station in the world at that time.
In January 2017, Enbridge said it would acquire Midcoast Energy Partners for US$170 million in cash. After the Chippewas of the Thames community filed a lawsuit against Enbridge to stop its disputed "Line 9" pipeline, the Supreme Court of Canada ordered the community to pay the legal costs of the British Bridge in July 2017.
On September 6, 2016, Enbridge agreed to acquire Spectra Energy in an all-stock transaction valued at approximately US$28 billion. Spectra is headquartered in Houston, Texas, and operates in three key areas of the natural gas industry: transmission and storage, distribution, and collection and processing. Spectra was spun off from Duke Energy in late 2006 and established. Spectra owns the Eastern Texas Pipeline (TETCo), a major natural gas pipeline that transports natural gas from the Texas Gulf Coast to the New York City area; TETCo is one of the largest pipeline systems in the United States. Spectra also operates 3 oil pipelines, many other gas pipelines, and proposes to build 3 more gas pipelines in the United States. The merger was completed on February 27, 2017.
Operations
Oil and product pipelines
The company is the largest transporter of crude oil in Canada with 2.2 million barrels per day (350×10^3 m3/d) of oil and liquids. The Enbridge Pipeline System is the world's longest crude oil and liquids pipeline system, located in both Canada and the United States.
Enbridge has several new capacities and expansion projects, including construction of Northern Gateway, expansion of Alberta Clipper, renovation of Line 6, reversal of Line 9 and others. Its Light Oil Market Access initiative is a project light crude oil from North Dakota and Western Canada to refineries in Ontario, Quebec, and the U.S. Midwest. Eastern Access, including a reversal of Line 9, is a project to deliver oil Western Canada and Bakken to refineries in Eastern Canada and the midwest and eastern U.S. Western Gulf Coast Access, including reversal and expansion of the Seaway Pipeline and the Flanagan South Pipeline, is a plan to connect Canadian heavy oil supply to refineries along the Gulf Coast of the United States.
Natural Gas
Enbridge also gathers, processes, and transports natural gas. It has an interest in the 2,986 kilometers (1,855 mi) Alliance Pipeline and the 560 kilometres (350 mi) Vector Pipeline. It also owns the BC Pipeline, which it describes as "the backbone for natural gas infrastructure development in British Columbia." Through its subsidiaries Enbridge Gas Distribution and Union Gas, it is Canada's largest natural gas distribution utility.
Power Transmission
Enbridge has entered the power transmission business to facilitate the import and export of power, allowing markets to have efficient and economic access to existing and new-generation sources.
Enbridge's Montana-Alberta Tie-Line (MATL) is a 300-megawatt (MW), 230-kilovolt (kV) electrical transmission line allowing movement of power between Alberta and Montana. The MATL project, which was placed in service the fall of 2013, supports ongoing development of a rich wind-powered generation resource and allows electrical energy to flow in both directions. The transmission line is 210 miles (345 km) long and runs between the Lethbridge, Alberta area and the Great Falls, Montana area. Roughly one third of the line is in Canada and two thirds in the U.S.
Bank Assessment
PE refers to the ratio of stock price to company earnings. The PE ratio can help investors judge the company’s stock price and earnings. A high PE value means that the company’s profitability is low for the stock price and the stock value is overvalued; a low PE value means that the company’s earnings are relatively high relative to the stock price. The stock value is undervalued. But investors usually pay more attention to the company's future development prospects. PE refers to the ratio of stock price to company earnings. The PE ratio can help investors judge the company’s stock price and earnings. A high PE value means the company’s profitability is low for the stock price and the stock value is overvalued; a low PE value means that the company’s earnings are relatively high relative to the stock price. The stock value is undervalued. But investors usually pay more attention to the company's future development prospects. PE refers to the ratio of stock price to company earnings. The PE ratio can help investors judge the company’s stock price and earnings. A high PE value means the company’s profitability is low for the stock price and the stock value is overvalued; a low PE value means that the company’s earnings are relatively high relative to the stock price. The stock value is undervalued. But investors usually pay more attention to the company's future development prospects. Enbridge's PE value is 42.7, and the peer average is 27.6.
The market-to-sales ratio (P/S) is the valuation ratio that compares the company's stock price with its income. It represents the value of each dollar of company sales or revenue. British Bridge's PS value is 1.7, and its peer average is 2.6.
PB value refers to the ratio of stock price to the company's net assets. The PB value can be used as an important method of market analysis. A low PB value means that the stock price is relatively cheap and the stock value is undervalued. A high PB value means that the stock price is relatively expensive and the stock value is overvalued. British Bridge's PB value is 1.4, and its peer average is 1.5.
ROE refers to the measurement of a company's financial performance by calculating net income divided by net asset value. High ROE means high returns and stocks are more likely to be favored by investors. On the contrary, low ROE means low returns. British Bridge's ROE value is 3.24%, and the peer average is 8.23%.
Debt to Cap refers to the ratio of debt to assets. Generally speaking, a large value means that the company's debt is high and the company will have risks. But this is not absolute. If the company's debt is low and the company's profitability is high, the company's debt will make the company grow healthier. British Bridge’s Debt to Cap value is 48.7, and the peer average is 52.13.
