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Dimmi Life Holdings (HKSE:01667) ROE % : -910.54% (As of Mar. 2024)


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What is Dimmi Life Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dimmi Life Holdings's annualized net income for the quarter that ended in Mar. 2024 was HK$-151.9 Mil. Dimmi Life Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was HK$16.7 Mil. Therefore, Dimmi Life Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was -910.54%.

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

HKSE:01667' s ROE % Range Over the Past 10 Years
Min: -644.06   Med: -1.58   Max: 77.92
Current: -621.69

During the past 11 years, Dimmi Life Holdings's highest ROE % was 77.92%. The lowest was -644.06%. And the median was -1.58%.

HKSE:01667's ROE % is ranked worse than
99.46% of 1858 companies
in the Consumer Packaged Goods industry
Industry Median: 6.995 vs HKSE:01667: -621.69

Dimmi Life Holdings ROE % Historical Data

The historical data trend for Dimmi Life 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.

Dimmi Life Holdings ROE % Chart

Dimmi Life 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 -12.76 -48.71 -98.05 -127.57 -644.06

Dimmi Life Holdings Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -112.28 -171.18 -147.35 -223.87 -910.54

Competitive Comparison of Dimmi Life Holdings's ROE %

For the Household & Personal Products subindustry, Dimmi Life 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.


Dimmi Life Holdings's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dimmi Life Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Dimmi Life Holdings's ROE % falls into.



Dimmi Life Holdings ROE % Calculation

Dimmi Life 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 )
=-90.417/( (10.257+17.82)/ 2 )
=-90.417/14.0385
=-644.06 %

Dimmi Life 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 )
=-151.942/( (15.554+17.82)/ 2 )
=-151.942/16.687
=-910.54 %

* 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.


Dimmi Life Holdings  (HKSE:01667) 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
=-151.942/16.687
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-151.942 / 122.146)*(122.146 / 289.0795)*(289.0795 / 16.687)
=Net Margin %*Asset Turnover*Equity Multiplier
=-124.39 %*0.4225*17.3236
=ROA %*Equity Multiplier
=-52.55 %*17.3236
=-910.54 %

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
=-151.942/16.687
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-151.942 / -150.834) * (-150.834 / -124.356) * (-124.356 / 122.146) * (122.146 / 289.0795) * (289.0795 / 16.687)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0073 * 1.2129 * -101.81 % * 0.4225 * 17.3236
=-910.54 %

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.


Dimmi Life Holdings ROE % Related Terms

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Dimmi Life Holdings Business Description

Traded in Other Exchanges
N/A
Address
18 Tak Fung Street, Room 1701, 17th Floor, Tower 1, Harbourfront Plaza, Hung Hom, Kowloon, Hong Kong, HKG
Dimmi Life Holdings Ltd is an investment holding company. The company provides Construction and engineering services which is engaged in the provision of building construction services; alteration, addition, fitting-out works and building services; and repair and restoration of historic buildings in Hong Kong, Property development and investment which is engaged in the property development and investment business in Hong Kong and Japan and Development, marketing and sale of lifestyle products in the PRC. The company earns majority of the revenue from Construction and engineering services segment.
Executives
Hou Lingling 2201 Interest of corporation controlled by you
Zhi Yue Ji Tuan You Xian Gong Si 2101 Beneficial owner
Gloria Orient Ltd. 2101 Beneficial owner
Ge Zhang 2201 Interest of corporation controlled by you
Xue Fan 2201 Interest of corporation controlled by you
Jin Shan You Xian Gong Si 2101 Beneficial owner
Cheung Ting Kin 2101 Beneficial owner

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