Amuse Group Holding (HKSE:08545) ROE %: -2.45% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Amuse Group Holding ROE %?

Amuse Group Holding HKSE:08545 -4.88% ROE % is -2.45% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 822 Travel & Leisure companies, Amuse Group Holding ranks worse than 71.53% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Amuse Group Holding's annualized net income for the quarter that ended in Mar. 2026 was HK$-4.8 Mil. Amuse Group Holding's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was HK$194.5 Mil. Therefore, Amuse Group Holding's annualized ROE % for the quarter that ended in Mar. 2026 was -2.45%.

The historical rank and industry rank for Amuse Group Holding's ROE % or its related term are showing as below:

HKSE:08545' s ROE % Range Over the Past 10 Years
Min: -1.08   Med: 3.77   Max: 25.94
Current: -0.63

During the past 11 years, Amuse Group Holding's highest ROE % was 25.94%. The lowest was -1.08%. And the median was 3.77%.

HKSE:08545's ROE % is ranked worse than
71.53% of 822 companies
in the Travel & Leisure industry
Industry Median: 5.695 vs HKSE:08545: -0.63

Amuse Group Holding  (HKSE:08545) 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. 2026 )
=Net Income/Total Stockholders Equity
=-4.768/194.4565
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.768 / 139.04)*(139.04 / 249)*(249 / 194.4565)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.43 %*0.5584*1.2805
=ROA %*Equity Multiplier
=-1.92 %*1.2805
=-2.45 %

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. 2026 )
=Net Income/Total Stockholders Equity
=-4.768/194.4565
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-4.768 / -1.756) * (-1.756 / -15.75) * (-15.75 / 139.04) * (139.04 / 249) * (249 / 194.4565)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 2.7153 * 0.1115 * -11.33 % * 0.5584 * 1.2805
=-2.45 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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.


Amuse Group Holding ROE % Related Terms


Amuse Group Holding ROE % Historical Data

* Premium members only.

The historical data trend for Amuse Group Holding'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.

Amuse Group Holding ROE % Chart

Amuse Group Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 3.06 0.25 -1.08 -0.63

Amuse Group Holding Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1.13 1.56 -3.72 1.19 -2.45

HKSE:08545 vs AS, HAS, LTH: ROE % Comparison

For the Leisure subindustry, Amuse Group Holding'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.


Amuse Group Holding ROE % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Amuse Group Holding's ROE % distribution charts can be found below:

* The bar in red indicates where Amuse Group Holding's ROE % falls into.



Amuse Group Holding ROE % Calculation

Amuse Group Holding's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=-1.224/( (194.489+193.264)/ 2 )
=-1.224/193.8765
=-0.63 %

Amuse Group Holding's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-4.768/( (195.649+193.264)/ 2 )
=-4.768/194.4565
=-2.45 %

* 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. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -2.45% mean?
Amuse Group Holding (HKSE:08545) has a ROE % of -2.45% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Amuse Group Holding and its competitors. According to the industry distribution chart, Amuse Group Holding ranks #588 out of 822 companies in the Travel & Leisure industry, placing it in the top 71.5%.
Is Amuse Group Holding's ROE % too high?
Amuse Group Holding's current ROE % is -2.45%. Based on the distribution chart, Amuse Group Holding ranks #588 out of 822 companies in the Travel & Leisure industry, which is below the industry midpoint.
How does Amuse Group Holding's ROE % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Amuse Group Holding ranks #588 out of 822 companies for ROE %. This places Amuse Group Holding in the lower half of its industry. The industry median ROE % is 5.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.70, based on 822 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Amuse Group Holding and its competitors. For the Travel & Leisure industry, the median ROE % is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amuse Group Holding's current ROE % is -2.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amuse Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Amuse Group Holding (HKSE:08545) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.04 — trading 95% above its estimated fair value. The current ROE % is -2.45%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Amuse Group Holding (HKSE:08545), the current ROE % is -2.45% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Amuse Group Holding Business Description

Address No. 88 Yeung Uk Road, Flat B, 33th Floor, Plaza 88, Tsuen Wan, New Territories, Hong Kong, HKG
Amuse Group Holding Ltd is a Hong Kong-based toy company. It is engaged in the designing, marketing, distribution, and retail sales of toys and related products. Some of its brands are TOPI, FLAME TOYS, and SENTINEL. The company manages its business through three divisions, namely sales of ODM toys to license holders, distribution of imported toys and related products, and sales of its own licensed toys and related products. It generates a majority of its revenue from the distribution of imported toys and related products. Geographically, the company generates a majority of its revenue from Japan, followed by Mainland China of the PRC, Hong Kong, the USA, Taiwan, South Korea, Germany, Australia, and other regions.