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AVVAA World Health Care Products (AVVAA World Health Care Products) ROE % : 0.00% (As of May. 2007)


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What is AVVAA World Health Care Products ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. AVVAA World Health Care Products's annualized net income for the quarter that ended in May. 2007 was $-4.47 Mil. AVVAA World Health Care Products's average Total Stockholders Equity over the quarter that ended in May. 2007 was $-12.83 Mil. Therefore, AVVAA World Health Care Products's annualized ROE % for the quarter that ended in May. 2007 was N/A%.

The historical rank and industry rank for AVVAA World Health Care Products's ROE % or its related term are showing as below:

AVVH's ROE % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.53
* Ranked among companies with meaningful ROE % only.

AVVAA World Health Care Products ROE % Historical Data

The historical data trend for AVVAA World Health Care Products'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.

AVVAA World Health Care Products ROE % Chart

AVVAA World Health Care Products Annual Data
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ROE %
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AVVAA World Health Care Products Semi-Annual Data
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Competitive Comparison of AVVAA World Health Care Products's ROE %

For the Shell Companies subindustry, AVVAA World Health Care Products'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.


AVVAA World Health Care Products's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, AVVAA World Health Care Products's ROE % distribution charts can be found below:

* The bar in red indicates where AVVAA World Health Care Products's ROE % falls into.



AVVAA World Health Care Products ROE % Calculation

AVVAA World Health Care Products's annualized ROE % for the fiscal year that ended in May. 2007 is calculated as

ROE %=Net Income (A: May. 2007 )/( (Total Stockholders Equity (A: May. 2006 )+Total Stockholders Equity (A: May. 2007 ))/ count )
=-4.471/( (-11.735+-13.915)/ 2 )
=-4.471/-12.825
=N/A %

AVVAA World Health Care Products's annualized ROE % for the quarter that ended in May. 2007 is calculated as

ROE %=Net Income (Q: May. 2007 )/( (Total Stockholders Equity (Q: May. 2006 )+Total Stockholders Equity (Q: May. 2007 ))/ count )
=-4.471/( (-11.735+-13.915)/ 2 )
=-4.471/-12.825
=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 one times the annual (May. 2007) 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.


AVVAA World Health Care Products  (OTCPK:AVVH) 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: May. 2007 )
=Net Income/Total Stockholders Equity
=-4.471/-12.825
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.471 / 0.096)*(0.096 / 1.1745)*(1.1745 / -12.825)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4657.29 %*0.0817*N/A
=ROA %*Equity Multiplier
=-380.5 %*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: May. 2007 )
=Net Income/Total Stockholders Equity
=-4.471/-12.825
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-4.471 / 0) * (0 / -3.165) * (-3.165 / 0.096) * (0.096 / 1.1745) * (1.1745 / -12.825)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= N/A * 0 * -3296.88 % * 0.0817 * N/A
=N/A %

Note: The net income data used here is one times the annual (May. 2007) net income data. The Revenue data used here is one times the annual (May. 2007) 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.


AVVAA World Health Care Products ROE % Related Terms

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AVVAA World Health Care Products (AVVAA World Health Care Products) Business Description

Traded in Other Exchanges
N/A
Address
1001 West Loop South, Suite 803, Houston, TX, USA, 77027
AVVAA World Health Care Products Inc operates through its wholly-owned subsidiary, GoldQuest Capital, Inc. The company is a real estate lending company that specializes in the syndication of first lien, and asset-backed real estate mortgages in the residential, commercial, and industrial sectors.
Executives
Mark E Alden director, officer: V.P. Research and Development PO BOX 204, BRYN ATHYN PA 19009
James W Haney officer: V. P. MFG/Dist. Consultant 21 ERINDALE DR, MARLTON NJ 08053
Barbara Smith officer: Executive VP Sales & Marketing PO BOX 370, FALKLAND BC A1 V0E 1W0
John Stewart Farley director, 10 percent owner, officer: President and CEO PO BOX 335, 3018 SCHAEFFER ROAD, FAULKLAND A1 V0E 1W0
Farley Lorie Dale Campbell 10 percent owner, officer: V.P. Animal Care Products PO BOX 335, 3018 SCHAEFFER ROAD, FAULKLAND A1 V0E 1W0
Ronald James Reynolds officer: V.P. Manufacturing Dist./Can 9015 RUSSET DRIVE, COLDSTREAM A1 V1B 2B7
Charles Tait Austin director, officer: CFO and Secretary 13503 SUMNE LANE, VERNON, BRITISH COLUMBIA, A1 00000

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