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FSE Lifestyle Services (HKSE:00331) ROE % : 45.57% (As of Dec. 2024)


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What is FSE Lifestyle Services ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. FSE Lifestyle Services's annualized net income for the quarter that ended in Dec. 2024 was HK$483 Mil. FSE Lifestyle Services's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was HK$1,060 Mil. Therefore, FSE Lifestyle Services's annualized ROE % for the quarter that ended in Dec. 2024 was 45.57%.

The historical rank and industry rank for FSE Lifestyle Services's ROE % or its related term are showing as below:

HKSE:00331' s ROE % Range Over the Past 10 Years
Min: 23.81   Med: 46.85   Max: 204.87
Current: 49.17

During the past 12 years, FSE Lifestyle Services's highest ROE % was 204.87%. The lowest was 23.81%. And the median was 46.85%.

HKSE:00331's ROE % is ranked better than
96.67% of 1682 companies
in the Construction industry
Industry Median: 6.58 vs HKSE:00331: 49.17

FSE Lifestyle Services ROE % Historical Data

The historical data trend for FSE Lifestyle Services'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.

FSE Lifestyle Services ROE % Chart

FSE Lifestyle Services 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 52.48 147.86 204.87 94.00 59.38

FSE Lifestyle Services Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 113.18 76.43 65.86 53.38 45.57

Competitive Comparison of FSE Lifestyle Services's ROE %

For the Engineering & Construction subindustry, FSE Lifestyle Services'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.


FSE Lifestyle Services's ROE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, FSE Lifestyle Services's ROE % distribution charts can be found below:

* The bar in red indicates where FSE Lifestyle Services's ROE % falls into.


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FSE Lifestyle Services ROE % Calculation

FSE Lifestyle Services's annualized ROE % for the fiscal year that ended in Jun. 2024 is calculated as

ROE %=Net Income (A: Jun. 2024 )/( (Total Stockholders Equity (A: Jun. 2023 )+Total Stockholders Equity (A: Jun. 2024 ))/ count )
=501.1/( (699.152+988.545)/ 2 )
=501.1/843.8485
=59.38 %

FSE Lifestyle Services's annualized ROE % for the quarter that ended in Dec. 2024 is calculated as

ROE %=Net Income (Q: Dec. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Dec. 2024 ))/ count )
=483.24/( (988.545+1132.414)/ 2 )
=483.24/1060.4795
=45.57 %

* 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. 2024) net income data. ROE % is displayed in the 30-year financial page.


FSE Lifestyle Services  (HKSE:00331) 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. 2024 )
=Net Income/Total Stockholders Equity
=483.24/1060.4795
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(483.24 / 8180.034)*(8180.034 / 4005.6905)*(4005.6905 / 1060.4795)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.91 %*2.0421*3.7772
=ROA %*Equity Multiplier
=12.07 %*3.7772
=45.57 %

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. 2024 )
=Net Income/Total Stockholders Equity
=483.24/1060.4795
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (483.24 / 571.056) * (571.056 / 551.196) * (551.196 / 8180.034) * (8180.034 / 4005.6905) * (4005.6905 / 1060.4795)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8462 * 1.036 * 6.74 % * 2.0421 * 3.7772
=45.57 %

Note: The net income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 2024) 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.


FSE Lifestyle Services ROE % Related Terms

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FSE Lifestyle Services Business Description

Traded in Other Exchanges
N/A
Address
Units 801-810, No. 8 Wang Hoi Road, 8th Floor, Chevalier Commercial Centre, Kowloon Bay, Kowloon, Hong Kong, HKG
FSE Lifestyle Services Ltd is an investment holding company. It operates in three segments: property and facility management services, E&M services and city essential services. The company along with its subsidiaries is principally engaged in the provision of property and facility management services, property agency and related services for buildings, car park management services, cleaning and management of waste disposal services, recycling, and environmental disposal services, security guarding and event services, insurance solutions services, and others. The company earns majority of its revenue from City essential services. It's maximum revenue is gain from Hong Kong, following Mainland China and then Macau.
Executives
Doo Wai Hoi William 2202 Interest of your spouse
Doo Family Prosperity Holdings Limited
Fung Seng Holdings (x) Limited
Fungseng Prosperity Holdings Limited
Doo Cheng Sau Ha Amy 2201 Interest of corporation controlled by you
Fse Holdings Limited 2201 Interest of corporation controlled by you
Sino Spring Global Limited 2201 Interest of corporation controlled by you
Fse Management Company Limited 2101 Beneficial owner

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