GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » E-Home Household Service Holdings Ltd (NAS:EJH) » Definitions » ROE %

E-Home Household Service Holdings (E-Home Household Service Holdings) ROE % : -56.98% (As of Jun. 2023)


View and export this data going back to 2021. Start your Free Trial

What is E-Home Household Service Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. E-Home Household Service Holdings's annualized net income for the quarter that ended in Jun. 2023 was $-63.61 Mil. E-Home Household Service Holdings's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was $111.63 Mil. Therefore, E-Home Household Service Holdings's annualized ROE % for the quarter that ended in Jun. 2023 was -56.98%.

The historical rank and industry rank for E-Home Household Service Holdings's ROE % or its related term are showing as below:

EJH' s ROE % Range Over the Past 10 Years
Min: -36.49   Med: 18.53   Max: 100.24
Current: -36.49

During the past 7 years, E-Home Household Service Holdings's highest ROE % was 100.24%. The lowest was -36.49%. And the median was 18.53%.

EJH's ROE % is ranked worse than
92.86% of 98 companies
in the Personal Services industry
Industry Median: 8.55 vs EJH: -36.49

E-Home Household Service Holdings ROE % Historical Data

The historical data trend for E-Home Household Service 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.

E-Home Household Service Holdings ROE % Chart

E-Home Household Service Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROE %
Get a 7-Day Free Trial 43.62 18.53 13.20 -8.43 -34.75

E-Home Household Service Holdings Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.16 -1.87 -14.89 -8.49 -56.98

Competitive Comparison of E-Home Household Service Holdings's ROE %

For the Personal Services subindustry, E-Home Household Service 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.


E-Home Household Service Holdings's ROE % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, E-Home Household Service Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where E-Home Household Service Holdings's ROE % falls into.



E-Home Household Service Holdings ROE % Calculation

E-Home Household Service Holdings's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=-35.007/( (64.55+136.928)/ 2 )
=-35.007/100.739
=-34.75 %

E-Home Household Service Holdings's annualized ROE % for the quarter that ended in Jun. 2023 is calculated as

ROE %=Net Income (Q: Jun. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Jun. 2023 ))/ count )
=-63.61/( (86.333+136.928)/ 2 )
=-63.61/111.6305
=-56.98 %

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


E-Home Household Service Holdings  (NAS:EJH) 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. 2023 )
=Net Income/Total Stockholders Equity
=-63.61/111.6305
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-63.61 / 58.89)*(58.89 / 134.2775)*(134.2775 / 111.6305)
=Net Margin %*Asset Turnover*Equity Multiplier
=-108.01 %*0.4386*1.2029
=ROA %*Equity Multiplier
=-47.37 %*1.2029
=-56.98 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-63.61/111.6305
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-63.61 / -65.806) * (-65.806 / -59.692) * (-59.692 / 58.89) * (58.89 / 134.2775) * (134.2775 / 111.6305)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9666 * 1.1024 * -101.36 % * 0.4386 * 1.2029
=-56.98 %

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


E-Home Household Service Holdings ROE % Related Terms

Thank you for viewing the detailed overview of E-Home Household Service Holdings's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


E-Home Household Service Holdings (E-Home Household Service Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Yangqiao Road, Dongbai Center, 18th Floor, East Tower, Building B, Gulou District, Fuzhou, CHN, 350001
E-Home Household Service Holdings Ltd is a household service company providing integrated household services through its website and WeChat platform across China. The company offers services including home appliance and housekeeping services. It operates its business mainly by receiving the orders online and providing the services offline. Its operations are organized into five reportable segments: installation and maintenance services, housekeeping services, senior care services, sales of pharmaceutical products and educational consulting services. The group's principal source of revenue comes from the Installation and Maintenance segment, followed by Housekeeping and Senior care services segment.

E-Home Household Service Holdings (E-Home Household Service Holdings) Headlines

From GuruFocus