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YanGuFang International Group Co (YanGuFang International Group Co) ROE % : 26.55% (As of Dec. 2022)


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What is YanGuFang International Group Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. YanGuFang International Group Co's annualized net income for the quarter that ended in Dec. 2022 was $5.03 Mil. YanGuFang International Group Co's average Total Stockholders Equity over the quarter that ended in Dec. 2022 was $18.93 Mil. Therefore, YanGuFang International Group Co's annualized ROE % for the quarter that ended in Dec. 2022 was 26.55%.

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

YGFGF's ROE % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 6.59
* Ranked among companies with meaningful ROE % only.

YanGuFang International Group Co ROE % Historical Data

The historical data trend for YanGuFang International Group 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.

YanGuFang International Group Co ROE % Chart

YanGuFang International Group Co Annual Data
Trend Jun20 Jun21 Jun22
ROE %
53.82 84.54 37.29

YanGuFang International Group Co Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
ROE % Get a 7-Day Free Trial 40.87 125.63 52.55 20.86 26.55

Competitive Comparison of YanGuFang International Group Co's ROE %

For the Packaged Foods subindustry, YanGuFang International Group 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.


YanGuFang International Group Co's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, YanGuFang International Group Co's ROE % distribution charts can be found below:

* The bar in red indicates where YanGuFang International Group Co's ROE % falls into.



YanGuFang International Group Co ROE % Calculation

YanGuFang International Group Co's annualized ROE % for the fiscal year that ended in Jun. 2022 is calculated as

ROE %=Net Income (A: Jun. 2022 )/( (Total Stockholders Equity (A: Jun. 2021 )+Total Stockholders Equity (A: Jun. 2022 ))/ count )
=5.738/( (12.852+17.92)/ 2 )
=5.738/15.386
=37.29 %

YanGuFang International Group Co's annualized ROE % for the quarter that ended in Dec. 2022 is calculated as

ROE %=Net Income (Q: Dec. 2022 )/( (Total Stockholders Equity (Q: Jun. 2022 )+Total Stockholders Equity (Q: Dec. 2022 ))/ count )
=5.026/( (17.92+19.943)/ 2 )
=5.026/18.9315
=26.55 %

* 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. 2022) net income data. ROE % is displayed in the 30-year financial page.


YanGuFang International Group Co  (OTCPK:YGFGF) 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. 2022 )
=Net Income/Total Stockholders Equity
=5.026/18.9315
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.026 / 47.424)*(47.424 / 68.8375)*(68.8375 / 18.9315)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.6 %*0.6889*3.6361
=ROA %*Equity Multiplier
=7.3 %*3.6361
=26.55 %

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. 2022 )
=Net Income/Total Stockholders Equity
=5.026/18.9315
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5.026 / 8.544) * (8.544 / 8.848) * (8.848 / 47.424) * (47.424 / 68.8375) * (68.8375 / 18.9315)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5882 * 0.9656 * 18.66 % * 0.6889 * 3.6361
=26.55 %

Note: The net income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 2022) 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.


YanGuFang International Group Co ROE % Related Terms

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YanGuFang International Group Co (YanGuFang International Group Co) Business Description

Traded in Other Exchanges
N/A
Address
33 Suhong Road, 3rd Floor, Building 3, Minhang District, Shanghai, CHN, 201100
YanGuFang International Group Co Ltd is primarily engaged in the production, research and development, and sales of oat and grain products through its direct salesforce and distribution network. Its product portfolio is broadly categorized into oat series products including oat germ groats, oatmeal, oat flour, oat bran, some of which are organic or green food series, and oat nutrient and health series products including oat peptide series, dietary fiber powder, oat biscuits, oil series, oat hand cream, and soap, and oat toothpaste.