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Eminence Enterprise (HKSE:00616) ROE % : -16.27% (As of Sep. 2024)


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What is Eminence Enterprise ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Eminence Enterprise's annualized net income for the quarter that ended in Sep. 2024 was HK$-486.74 Mil. Eminence Enterprise's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was HK$2,991.97 Mil. Therefore, Eminence Enterprise's annualized ROE % for the quarter that ended in Sep. 2024 was -16.27%.

The historical rank and industry rank for Eminence Enterprise's ROE % or its related term are showing as below:

HKSE:00616' s ROE % Range Over the Past 10 Years
Min: -9.87   Med: 0.37   Max: 3.95
Current: -9.87

During the past 13 years, Eminence Enterprise's highest ROE % was 3.95%. The lowest was -9.87%. And the median was 0.37%.

HKSE:00616's ROE % is ranked worse than
83.92% of 1766 companies
in the Real Estate industry
Industry Median: 3.37 vs HKSE:00616: -9.87

Eminence Enterprise ROE % Historical Data

The historical data trend for Eminence Enterprise'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.

Eminence Enterprise ROE % Chart

Eminence Enterprise Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.27 -6.21 3.95 2.03 -6.79

Eminence Enterprise Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 4.10 0.01 -10.02 -3.58 -16.27

Competitive Comparison of Eminence Enterprise's ROE %

For the Real Estate Services subindustry, Eminence Enterprise'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.


Eminence Enterprise's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Eminence Enterprise's ROE % distribution charts can be found below:

* The bar in red indicates where Eminence Enterprise's ROE % falls into.


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Eminence Enterprise ROE % Calculation

Eminence Enterprise'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 )
=-213.149/( (3235.166+3047.196)/ 2 )
=-213.149/3141.181
=-6.79 %

Eminence Enterprise's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Mar. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=-486.736/( (3047.196+2936.737)/ 2 )
=-486.736/2991.9665
=-16.27 %

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


Eminence Enterprise  (HKSE:00616) 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. 2024 )
=Net Income/Total Stockholders Equity
=-486.736/2991.9665
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-486.736 / 33.494)*(33.494 / 5276.9315)*(5276.9315 / 2991.9665)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1453.2 %*0.0063*1.7637
=ROA %*Equity Multiplier
=-9.16 %*1.7637
=-16.27 %

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. 2024 )
=Net Income/Total Stockholders Equity
=-486.736/2991.9665
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-486.736 / -488.594) * (-488.594 / -16.468) * (-16.468 / 33.494) * (33.494 / 5276.9315) * (5276.9315 / 2991.9665)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9962 * 29.6693 * -49.17 % * 0.0063 * 1.7637
=-16.27 %

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


Eminence Enterprise ROE % Related Terms

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


Eminence Enterprise Business Description

Traded in Other Exchanges
N/A
Address
481-483 Castle Peak Road, Block A, 7th Floor Hong Kong Spinners Building, Phase 6, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Eminence Enterprise Ltd is principally engaged in property investment, property development, investment in securities and loan financing business segments. The company owns and invests in residential, commercial, and industrial properties. It is also involved sourcing and exporting garments, and holding and leasing residential and industrial investment properties. The firm generates its majority revenue from the Property investment segment.
Executives
Chan Lo Chiu Angus 2101 Beneficial owner
Hooper Christopher Geoffrey Douglas 2201 Interest of corporation controlled by you
Markson International Holding Limited 2201 Interest of corporation controlled by you
Hooper Ivan Geoffrey Douglas 2201 Interest of corporation controlled by you
Magical Profits Limited 2201 Interest of corporation controlled by you
Accumulate More Profits Limited 2201 Interest of corporation controlled by you
Goodco Development Limited 2101 Beneficial owner
Easyknit Properties Holdings Limited 2201 Interest of corporation controlled by you
Winterbotham Holdings Limited 2201 Interest of corporation controlled by you
The Winterbotham Trust Company Limited As Trustee Of The Magical 2000 Trust 2201 Interest of corporation controlled by you
Easyknit International Holdings Limited 2201 Interest of corporation controlled by you
Chu Nin Yiu, Stephen 2101 Beneficial owner
Law Sai Hung
Hu Rong 2101 Beneficial owner
Ng Wang Chun Joseph 2101 Beneficial owner

Eminence Enterprise Headlines

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