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Sunlight Real Estate Investment Trust (FRA:Q9R) ROE % : 1.17% (As of Dec. 2023)


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What is Sunlight Real Estate Investment Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sunlight Real Estate Investment Trust's annualized net income for the quarter that ended in Dec. 2023 was €18.72 Mil. Sunlight Real Estate Investment Trust's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was €1,600.53 Mil. Therefore, Sunlight Real Estate Investment Trust's annualized ROE % for the quarter that ended in Dec. 2023 was 1.17%.

The historical rank and industry rank for Sunlight Real Estate Investment Trust's ROE % or its related term are showing as below:

FRA:Q9R' s ROE % Range Over the Past 10 Years
Min: -4.89   Med: 5.81   Max: 15.47
Current: 1.17

During the past 13 years, Sunlight Real Estate Investment Trust's highest ROE % was 15.47%. The lowest was -4.89%. And the median was 5.81%.

FRA:Q9R's ROE % is ranked worse than
69.09% of 922 companies
in the REITs industry
Industry Median: 5 vs FRA:Q9R: 1.17

Sunlight Real Estate Investment Trust ROE % Historical Data

The historical data trend for Sunlight Real Estate Investment Trust'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.

Sunlight Real Estate Investment Trust ROE % Chart

Sunlight Real Estate Investment Trust Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.92 -1.56 0.77 -0.20 1.18

Sunlight Real Estate Investment Trust Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -1.91 -3.98 3.56 1.17 1.18

Competitive Comparison of Sunlight Real Estate Investment Trust's ROE %

For the REIT - Diversified subindustry, Sunlight Real Estate Investment Trust'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.


Sunlight Real Estate Investment Trust's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sunlight Real Estate Investment Trust's ROE % distribution charts can be found below:

* The bar in red indicates where Sunlight Real Estate Investment Trust's ROE % falls into.



Sunlight Real Estate Investment Trust ROE % Calculation

Sunlight Real Estate Investment Trust's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=-3.35/( (1693.74+1610.708)/ 2 )
=-3.35/1652.224
=-0.20 %

Sunlight Real Estate Investment Trust'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 )
=18.722/( (1610.708+1590.355)/ 2 )
=18.722/1600.5315
=1.17 %

* 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.


Sunlight Real Estate Investment Trust  (FRA:Q9R) 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
=18.722/1600.5315
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(18.722 / 98.446)*(98.446 / 2252.623)*(2252.623 / 1600.5315)
=Net Margin %*Asset Turnover*Equity Multiplier
=19.02 %*0.0437*1.4074
=ROA %*Equity Multiplier
=0.83 %*1.4074
=1.17 %

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
=18.722/1600.5315
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (18.722 / 25.234) * (25.234 / 61.706) * (61.706 / 98.446) * (98.446 / 2252.623) * (2252.623 / 1600.5315)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7419 * 0.4089 * 62.68 % * 0.0437 * 1.4074
=1.17 %

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.


Sunlight Real Estate Investment Trust ROE % Related Terms

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Sunlight Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
248 Queen’s Road East, 30th Floor, Dah Sing Financial Centre, Wan Chai, Hong Kong, HKG
Sunlight Real Estate Investment Trust invests in a portfolio of office and retail properties in Hong Kong. The office properties are located in core business areas, including the Central, Wan Chai, and Sheung Wan districts. Properties are also located in decentralized business areas of the city, including North Point, Mong Kok, and Yau Ma Tei. The major office properties include Sunlight Tower, Strand 50, Righteous Centre, and Winsome House Property. The retail properties are located in regional transportation hubs, towns, and urban areas, including Sheung Shui Centre Shopping Arcade, Metro City, and Kwong Wash Plaza. Henderson Sunlight Asset Management is the manager of Sunlight REIT.

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