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Fujikon Industrial Holdings (HKSE:00927) ROE % : -0.36% (As of Mar. 2024)


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What is Fujikon Industrial Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Fujikon Industrial Holdings's annualized net income for the quarter that ended in Mar. 2024 was HK$-2 Mil. Fujikon Industrial Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was HK$575 Mil. Therefore, Fujikon Industrial Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was -0.36%.

The historical rank and industry rank for Fujikon Industrial Holdings's ROE % or its related term are showing as below:

HKSE:00927' s ROE % Range Over the Past 10 Years
Min: -5.81   Med: 2.28   Max: 5.94
Current: 2.7

During the past 13 years, Fujikon Industrial Holdings's highest ROE % was 5.94%. The lowest was -5.81%. And the median was 2.28%.

HKSE:00927's ROE % is ranked worse than
57.15% of 2390 companies
in the Hardware industry
Industry Median: 4.34 vs HKSE:00927: 2.70

Fujikon Industrial Holdings ROE % Historical Data

The historical data trend for Fujikon Industrial Holdings'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.

Fujikon Industrial Holdings ROE % Chart

Fujikon Industrial Holdings 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 4.38 1.57 -5.81 4.05 2.93

Fujikon Industrial Holdings 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 -1.42 9.83 6.17 -0.36 5.80

Competitive Comparison of Fujikon Industrial Holdings's ROE %

For the Consumer Electronics subindustry, Fujikon Industrial Holdings'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.


Fujikon Industrial Holdings's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fujikon Industrial Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Fujikon Industrial Holdings's ROE % falls into.



Fujikon Industrial Holdings ROE % Calculation

Fujikon Industrial Holdings'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 )
=17.168/( (600.586+570.949)/ 2 )
=17.168/585.7675
=2.93 %

Fujikon Industrial Holdings's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-2.088/( (579.274+570.949)/ 2 )
=-2.088/575.1115
=-0.36 %

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


Fujikon Industrial Holdings  (HKSE:00927) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-2.088/575.1115
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.088 / 999.914)*(999.914 / 929.512)*(929.512 / 575.1115)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.21 %*1.0757*1.6162
=ROA %*Equity Multiplier
=-0.23 %*1.6162
=-0.36 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-2.088/575.1115
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.088 / 35.934) * (35.934 / 14.578) * (14.578 / 999.914) * (999.914 / 929.512) * (929.512 / 575.1115)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.0581 * 2.4649 * 1.46 % * 1.0757 * 1.6162
=-0.36 %

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


Fujikon Industrial Holdings ROE % Related Terms

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Fujikon Industrial Holdings Business Description

Traded in Other Exchanges
N/A
Address
138 Shatin Rural Committee Road, 16th Floor, Tower 1, New Territories, Grand Central Plaza, Shatin, Hong Kong, HKG
Fujikon Industrial Holdings Ltd is engaged in the design, manufacture, marketing and trading of electro-acoustic products, accessories and other electronic products. The company operates through two segments which include Headsets and headphones and Accessories and components. The Headsets and headphones segment is involved in the manufacture and sales of headsets and headphone products. The accessories and Components segment includes the manufacture and sales of electric-acoustic accessories and components. It earns majority of the revenue from Headsets and headphones segment.
Executives
Cai Liting 2202 Interest of your spouse
Chow Man Yan 2101 Beneficial owner
Yeung Siu Chung 2201 Interest of corporation controlled by you
Zong Xiaocui 2202 Interest of your spouse
Leung Woon Yee 2202 Interest of your spouse
Yuen Yee Sai 2101 Beneficial owner
Webb David Michael 2201 Interest of corporation controlled by you
Yan Yau Tai Ellen 2202 Interest of your spouse
Yeung Chi Hung 2101 Beneficial owner

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