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Excellence Commercial Property & Facilities Management Group (HKSE:06989) ROE % : 7.38% (As of Dec. 2023)


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What is Excellence Commercial Property & Facilities Management Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Excellence Commercial Property & Facilities Management Group's annualized net income for the quarter that ended in Dec. 2023 was HK$290 Mil. Excellence Commercial Property & Facilities Management Group's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was HK$3,925 Mil. Therefore, Excellence Commercial Property & Facilities Management Group's annualized ROE % for the quarter that ended in Dec. 2023 was 7.38%.

The historical rank and industry rank for Excellence Commercial Property & Facilities Management Group's ROE % or its related term are showing as below:

HKSE:06989' s ROE % Range Over the Past 10 Years
Min: 8.45   Med: 18.31   Max: 66.35
Current: 8.45

During the past 7 years, Excellence Commercial Property & Facilities Management Group's highest ROE % was 66.35%. The lowest was 8.45%. And the median was 18.31%.

HKSE:06989's ROE % is ranked better than
73.06% of 1778 companies
in the Real Estate industry
Industry Median: 2.73 vs HKSE:06989: 8.45

Excellence Commercial Property & Facilities Management Group ROE % Historical Data

The historical data trend for Excellence Commercial Property & Facilities Management Group'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.

Excellence Commercial Property & Facilities Management Group ROE % Chart

Excellence Commercial Property & Facilities Management Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial 52.58 18.31 15.63 11.10 8.48

Excellence Commercial Property & Facilities Management Group Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 14.23 17.32 5.10 9.51 7.38

Competitive Comparison of Excellence Commercial Property & Facilities Management Group's ROE %

For the Real Estate Services subindustry, Excellence Commercial Property & Facilities Management Group'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.


Excellence Commercial Property & Facilities Management Group's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Excellence Commercial Property & Facilities Management Group's ROE % distribution charts can be found below:

* The bar in red indicates where Excellence Commercial Property & Facilities Management Group's ROE % falls into.



Excellence Commercial Property & Facilities Management Group ROE % Calculation

Excellence Commercial Property & Facilities Management Group'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 )
=331.074/( (3899.004+3913.585)/ 2 )
=331.074/3906.2945
=8.48 %

Excellence Commercial Property & Facilities Management Group's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=289.51/( (3936.924+3913.585)/ 2 )
=289.51/3925.2545
=7.38 %

* 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Excellence Commercial Property & Facilities Management Group  (HKSE:06989) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=289.51/3925.2545
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(289.51 / 4566.46)*(4566.46 / 5727.025)*(5727.025 / 3925.2545)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.34 %*0.7974*1.459
=ROA %*Equity Multiplier
=5.06 %*1.459
=7.38 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=289.51/3925.2545
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (289.51 / 404.072) * (404.072 / 480.574) * (480.574 / 4566.46) * (4566.46 / 5727.025) * (5727.025 / 3925.2545)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7165 * 0.8408 * 10.52 % * 0.7974 * 1.459
=7.38 %

Note: The net income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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.


Excellence Commercial Property & Facilities Management Group ROE % Related Terms

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Excellence Commercial Property & Facilities Management Group (HKSE:06989) Business Description

Traded in Other Exchanges
N/A
Address
Fuhua Third Road, 38Ath Floor, Tower 4, Excellence Century Center, Futian District, Guangdong Province, Shenzhen, CHN, 518000
Excellence Commercial Property & Facilities Management Group Ltd is a commercial property management service provider in China. The company's projects included commercial properties, public and industrial properties, and residential properties. It operates in three segments namely Finance services, Other services, and Property management services that provide basic property management services or system supply and installation services to property developers, property owners, and tenants, and value-added services to such customers, including asset services which includes preliminary property consulting services, property leasing and sales agency services, asset-light property operation services and space operation services, and corporate services.
Executives
Xiao Xingping 2202 Interest of your spouse
Li Xiaoping 2101 Beneficial owner
Li Wa 2201 Interest of corporation controlled by you
Oriental Rich Holdings Group Limited 2201 Interest of corporation controlled by you
Urban Hero Investments Limited 2101 Beneficial owner
Ever Rainbow Holdings Limited 2101 Beneficial owner
Autumn Riches Limited 2101 Beneficial owner
Li Yuan 2201 Interest of corporation controlled by you

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