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CBL International (CBL International) ROE % : -0.11% (As of Dec. 2023)


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What is CBL International ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CBL International's annualized net income for the quarter that ended in Dec. 2023 was $-0.0 Mil. CBL International's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $25.3 Mil. Therefore, CBL International's annualized ROE % for the quarter that ended in Dec. 2023 was -0.11%.

The historical rank and industry rank for CBL International's ROE % or its related term are showing as below:

BANL' s ROE % Range Over the Past 10 Years
Min: 5.45   Med: 44.81   Max: 59.24
Current: 5.45

During the past 4 years, CBL International's highest ROE % was 59.24%. The lowest was 5.45%. And the median was 44.81%.

BANL's ROE % is ranked worse than
53.45% of 1014 companies
in the Oil & Gas industry
Industry Median: 6.7 vs BANL: 5.45

CBL International ROE % Historical Data

The historical data trend for CBL International'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.

CBL International ROE % Chart

CBL International Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
59.24 53.73 35.88 6.09

CBL International Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROE % Get a 7-Day Free Trial 50.48 24.28 48.01 12.32 -0.11

Competitive Comparison of CBL International's ROE %

For the Oil & Gas Midstream subindustry, CBL International'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.


CBL International's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CBL International's ROE % distribution charts can be found below:

* The bar in red indicates where CBL International's ROE % falls into.



CBL International ROE % Calculation

CBL International'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 )
=1.139/( (12.112+25.3)/ 2 )
=1.139/18.706
=6.09 %

CBL International'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 )
=-0.028/( (25.314+25.3)/ 2 )
=-0.028/25.307
=-0.11 %

* 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.


CBL International  (NAS:BANL) 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
=-0.028/25.307
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.028 / 487.884)*(487.884 / 53.625)*(53.625 / 25.307)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.01 %*9.0981*2.119
=ROA %*Equity Multiplier
=-0.09 %*2.119
=-0.11 %

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
=-0.028/25.307
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.028 / 0.062) * (0.062 / 0.334) * (0.334 / 487.884) * (487.884 / 53.625) * (53.625 / 25.307)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.4516 * 0.1856 * 0.07 % * 9.0981 * 2.119
=-0.11 %

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.


CBL International ROE % Related Terms

Thank you for viewing the detailed overview of CBL International's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


CBL International (CBL International) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Jalan Pinang, Suite 19-9-6, Level 9, UOA Centre, Kuala Lumpur, SGR, MYS, 50450
CBL International ltd is a marine fuel logistics company providing a one-stop solution for vessel refueling. It purchases marine fuel from its suppliers and arranges for its suppliers to actually deliver marine fuel to its customers. The company derives a majority of its revenue from China followed by Hong Kong and Malaysia.
Executives
Logeswaran Ramasamy director 95 JALAN TAMING INDAH 2, TAMAN TAMING INDAH, BANDAR SUNGAI LONG, 43000 KAJANG N8 68100
Kam Choy Ho director, 10 percent owner FLAT 2, 22/F, BLOCK 46, HENG FA CHUEN, CHAI WAN K3 0000
Ulf Lothar Naujeck director NYSWANDERWEG 13, HAMBURG 2M 22523
Chiu Sing Chung Raymond officer: Chief Financial Officer ROOM 2101, 21/F, PRINCESS MANSION, 165 KING'S ROAD, NORTH POINT K3 0000
Cbl (asia) Ltd 10 percent owner ROOM 1213, 12/F, TOWER A, HUNGHOM COMMERCIAL CENTRE, 39 MA TAU WAI ROAD, HUNGHOM K3 0000
Teck Lim Chia director, 10 percent owner, officer: Chief Executive Officer FLAT B, 16/F, TOWER 3, ULTIMA, 23 FAT KWONG STREET, HO MAN TIN, KOWLOON K3 0000
Straits Energy Resources Berhad 10 percent owner B-07-06, PLAZA MONT KIARA, 2, JALAN KIARA, MONT KIARA, 50480 KUALA LUMPUR N8 50480
Khai Fei Wong director 33, LRG 14/2, SEKSYEN 14, PETALING JAYA N8 46100
Koon Liang Ong director 1-3-6, SEGAR VIEW CONDOMINIUM, JLN 5/100A, TMN SEGAR, WILAYAH PERSEKUTUAN N8 56100
Cheah Karen Yee Lynn director 17D-1-2, CASAVISTA CONDOMINIUM, JALAN PENAGA, BANGSAR, KUALA LUMPUR N8 59000
Xiaoling Lu 10 percent owner FLAT B, 16/F, TOWER 3, ULTIMA, 23 FAT KWONG STREET, HO MAN TIN, KOWLOON K3 0000