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JGLCF (JS Global Lifestyle Co) ROE % : 8.01% (As of Jun. 2024)


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What is JS Global Lifestyle Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. JS Global Lifestyle Co's annualized net income for the quarter that ended in Jun. 2024 was $44 Mil. JS Global Lifestyle Co's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was $545 Mil. Therefore, JS Global Lifestyle Co's annualized ROE % for the quarter that ended in Jun. 2024 was 8.01%.

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

JGLCF' s ROE % Range Over the Past 10 Years
Min: 2.51   Med: 20.68   Max: Negative Equity
Current: 2.51

During the past 8 years, JS Global Lifestyle Co's highest ROE % was Negative Equity%. The lowest was 2.51%. And the median was 20.68%.

JGLCF's ROE % is ranked worse than
63.21% of 424 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.245 vs JGLCF: 2.51

JS Global Lifestyle Co ROE % Historical Data

The historical data trend for JS Global Lifestyle Co'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.

JS Global Lifestyle Co ROE % Chart

JS Global Lifestyle Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 7.12 23.76 24.22 17.68 10.82

JS Global Lifestyle Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 18.11 18.40 13.21 0.62 8.01

Competitive Comparison of JS Global Lifestyle Co's ROE %

For the Furnishings, Fixtures & Appliances subindustry, JS Global Lifestyle Co'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.


JS Global Lifestyle Co's ROE % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, JS Global Lifestyle Co's ROE % distribution charts can be found below:

* The bar in red indicates where JS Global Lifestyle Co's ROE % falls into.



JS Global Lifestyle Co ROE % Calculation

JS Global Lifestyle Co's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=131.707/( (1899.692+535.465)/ 2 )
=131.707/1217.5785
=10.82 %

JS Global Lifestyle Co's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as

ROE %=Net Income (Q: Jun. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Jun. 2024 ))/ count )
=43.594/( (535.465+553.579)/ 2 )
=43.594/544.522
=8.01 %

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


JS Global Lifestyle Co  (OTCPK:JGLCF) 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: Jun. 2024 )
=Net Income/Total Stockholders Equity
=43.594/544.522
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(43.594 / 1485.94)*(1485.94 / 1401.7475)*(1401.7475 / 544.522)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.93 %*1.0601*2.5743
=ROA %*Equity Multiplier
=3.11 %*2.5743
=8.01 %

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: Jun. 2024 )
=Net Income/Total Stockholders Equity
=43.594/544.522
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (43.594 / 73.568) * (73.568 / -27.516) * (-27.516 / 1485.94) * (1485.94 / 1401.7475) * (1401.7475 / 544.522)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5926 * -2.6736 * -1.85 % * 1.0601 * 2.5743
=8.01 %

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


JS Global Lifestyle Co ROE % Related Terms

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JS Global Lifestyle Co Business Description

Traded in Other Exchanges
Address
238 Des Voeux Road Central, 21st Floor, Sheung Wan, Hong Kong, HKG
JS Global Lifestyle Co Ltd is an investment holding company. Its operating segment includes Joyoung and SharkNinja. The company generates maximum revenue from SharkNinja segment. Its SharkNinja segment is involved in the design, marketing, manufacture, export, import, and distribution of a full range of floor care products, hard-surface steam cleaning products and small kitchen appliances products. Its Joyoung segment is involved in the design, manufacture, marketing, export and distribution of small kitchen electrical appliances. The company earns majority of its revenue from SharkNinja segment.

JS Global Lifestyle Co Headlines

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