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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nexien BioPharma's annualized net income for the quarter that ended in Jun. 2024 was $-0.35 Mil. Nexien BioPharma's average Total Stockholders Equity over the quarter that ended in Jun. 2024 was $-0.34 Mil. Therefore, Nexien BioPharma's annualized ROE % for the quarter that ended in Jun. 2024 was N/A%.
The historical rank and industry rank for Nexien BioPharma's ROE % or its related term are showing as below:
The historical data trend for Nexien BioPharma'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.
Nexien BioPharma Annual Data | |||||||||||||||||
Trend | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | Jun24 | |||||||||
ROE % | Get a 7-Day Free Trial | -2,055.38 | - | - | - | - |
Nexien BioPharma Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
ROE % | Get a 7-Day Free Trial | - | - | - | - | - |
For the Drug Manufacturers - Specialty & Generic subindustry, Nexien BioPharma'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.
For the Drug Manufacturers industry and Healthcare sector, Nexien BioPharma's ROE % distribution charts can be found below:
* The bar in red indicates where Nexien BioPharma's ROE % falls into.
Nexien BioPharma's annualized ROE % for the fiscal year that ended in Jun. 2024 is calculated as
ROE % | = | Net Income (A: Jun. 2024 ) | / | ( (Total Stockholders Equity (A: Jun. 2023 ) | + | Total Stockholders Equity (A: Jun. 2024 )) | / count ) |
= | -0.239 | / | ( (-0.252 | + | -0.361) | / 2 ) | |
= | -0.239 | / | -0.3065 | ||||
= | N/A % |
Nexien BioPharma's annualized ROE % for the quarter that ended in Jun. 2024 is calculated as
ROE % | = | Net Income (Q: Jun. 2024 ) | / | ( (Total Stockholders Equity (Q: Mar. 2024 ) | + | Total Stockholders Equity (Q: Jun. 2024 )) | / count ) |
= | -0.348 | / | ( (-0.325 | + | -0.361) | / 2 ) | |
= | -0.348 | / | -0.343 | ||||
= | 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 (Jun. 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.
Nexien BioPharma (OTCPK:NXEN) 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. 2024 ) | ||||
= | Net Income | / | Total Stockholders Equity | ||
= | -0.348 | / | -0.343 | ||
= | (Net Income / Revenue ) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (-0.348 / 0) | * | (0 / 0.009) | * | (0.009 / -0.343) |
= | Net Margin % | * | Asset Turnover | * | Equity Multiplier |
= | N/A % | * | 0 | * | N/A |
= | ROA % | * | Equity Multiplier | ||
= | N/A % | * | 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: Jun. 2024 ) | ||||||||
= | Net Income | / | Total Stockholders Equity | ||||||
= | -0.348 | / | -0.343 | ||||||
= | (Net Income / Pre-Tax Income) | * | (Pre-Tax Income / Operating Income) | * | (Operating Income / Revenue) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (-0.348 / -0.348) | * | (-0.348 / -0.256) | * | (-0.256 / 0) | * | (0 / 0.009) | * | (0.009 / -0.343) |
= | Tax Burden | * | Interest Burden | * | Operating Margin % | * | Asset Turnover | * | Equity Multiplier |
= | 1 | * | 1.3594 | * | N/A % | * | 0 | * | N/A |
= | N/A % |
Note: The net income data used here is four times the quarterly (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
Thank you for viewing the detailed overview of Nexien BioPharma's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Jeffrey Friedland | other: Former 10% Owner | 4340 E KENTUCKY AVE, SUITE 206, GLENDALE CO 80246 |
Kanativa Usa Inc. | 10 percent owner | 4340 E KENTUCKY AVE, SUITE 206, GLENDALE CO 80246 |
Kanativa Inc. | 10 percent owner | 4340 E. KENTUCKY AVE., SUITE 206, GLENDALE CO 80246 |
Joseph F Aceto | officer: VP Legal & IP Counsel | 1617 NEWARK ROAD, KENNETT SQUARE PA 19348 |
Jeremy Robert Reeh | officer: VP Translational Research | 11 TANKARD LANE, WASHINGTON CROSSING PA 18977 |
Alexander Michael Wasyl | director, officer: Chief Executive Officer | 31 BEIDLER DRIVE, WASHINGTON CROSSING PA 18977 |
Frank J Manganella | officer: VP Corporate Development | 148-26 10TH AVENUE, WHITESTONE NY 11357 |
Clark Courtney Lynne | director | PO BOX 7801, ASPEN CO 81612 |
Lindy Snider | director | 408 BARBARA LANE, BRYN MAWR PA 19010 |
Robert I Goldfarb | officer: Chief Operating Officer | 230 GOLDEN BEACH DRIVE, GOLDEN BEACH FL 33160 |
Evan L Wasoff | officer: Chief Financial Officer | 101 WINGER DRIVE, NEDERLAND CO 80466 |
Alain D Bankier | director | 150 COLUMBUS AVENUE APT 17F, NEW YORK NY 10023 |
Richard S Greenberg | director, 10 percent owner | 4340 E KENTUCKY AVE, SUITE 206, GLENDALE CO 80246 |
Ivo Heiden | director, 10 percent owner | 2275 HUNTINGTON DRIVE, SUITE 851, SAN MARINO CA 91108 |
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