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Fuse Group Holding (Fuse Group Holding) ROE % : 0.00% (As of Mar. 2024)


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What is Fuse Group Holding ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Fuse Group Holding's annualized net income for the quarter that ended in Mar. 2024 was $-0.07 Mil. Fuse Group Holding's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $-0.25 Mil. Therefore, Fuse Group Holding's annualized ROE % for the quarter that ended in Mar. 2024 was N/A%.

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

FUST's ROE % is not ranked *
in the Metals & Mining industry.
Industry Median: -16.14
* Ranked among companies with meaningful ROE % only.

Fuse Group Holding ROE % Historical Data

The historical data trend for Fuse 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.

* Premium members only.

Fuse Group Holding ROE % Chart

Fuse Group Holding Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROE %
Get a 7-Day Free Trial Premium Member Only -7.02 -4.75 -190.69 - -

Fuse Group Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 - - - - -

Competitive Comparison of Fuse Group Holding's ROE %

For the Other Industrial Metals & Mining subindustry, Fuse 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.


Fuse Group Holding's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fuse Group Holding's ROE % distribution charts can be found below:

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



Fuse Group Holding ROE % Calculation

Fuse Group Holding's annualized ROE % for the fiscal year that ended in Sep. 2023 is calculated as

ROE %=Net Income (A: Sep. 2023 )/( (Total Stockholders Equity (A: Sep. 2022 )+Total Stockholders Equity (A: Sep. 2023 ))/ count )
=-0.475/( (-0.42+-0.178)/ 2 )
=-0.475/-0.299
=N/A %

Fuse Group Holding's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-0.068/( (-0.241+-0.258)/ 2 )
=-0.068/-0.2495
=N/A %

* 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 four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Fuse Group Holding  (OTCPK:FUST) 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
=-0.068/-0.2495
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.068 / 0.4)*(0.4 / 0.0765)*(0.0765 / -0.2495)
=Net Margin %*Asset Turnover*Equity Multiplier
=-17 %*5.2288*N/A
=ROA %*Equity Multiplier
=-88.89 %*N/A
=N/A %

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
=-0.068/-0.2495
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.068 / -0.068) * (-0.068 / -0.06) * (-0.06 / 0.4) * (0.4 / 0.0765) * (0.0765 / -0.2495)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.1333 * -15 % * 5.2288 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (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.


Fuse Group Holding ROE % Related Terms

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Fuse Group Holding (Fuse Group Holding) Business Description

Traded in Other Exchanges
N/A
Address
805 West, Duarte Road, Suite 102, Arcadia, CA, USA, 91007
Fuse Group Holding Inc provides consulting services to mining industry clients to find acquisition targets within the parameters set by the clients when the mine owner is considering selling its mining rights. The services of Fuse Group include due diligence on the potential mine seller and the mine, such as ownership of the mine and whether the mine meets all operational requirements and is currently in operation. Currently, the Company also seeks business opportunities in the biotech area.
Executives
Michael J Viotto director, officer: Chief Finanical Officer 444 E. HUNTINGTON DR., SUITE 105, ARCADIA CA 91006
Umesh Patel director, officer: CEO, President 6565 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Landbond Home Ltd 10 percent owner UNIT-B, 19/F HILLER COMMERCIAL BLDG, 89-91 WING LOK STREET, SHEUNG WAN K3 000000000

Fuse Group Holding (Fuse Group Holding) Headlines