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Value Exchange International (Value Exchange International) ROE % : -73.71% (As of Sep. 2023)


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What is Value Exchange International ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Value Exchange International's annualized net income for the quarter that ended in Sep. 2023 was $-1.31 Mil. Value Exchange International's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $1.77 Mil. Therefore, Value Exchange International's annualized ROE % for the quarter that ended in Sep. 2023 was -73.71%.

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

VEII' s ROE % Range Over the Past 10 Years
Min: -93.22   Med: 9.27   Max: 239.37
Current: -65.42

During the past 13 years, Value Exchange International's highest ROE % was 239.37%. The lowest was -93.22%. And the median was 9.27%.

VEII's ROE % is ranked worse than
87.92% of 2641 companies
in the Software industry
Industry Median: 3.17 vs VEII: -65.42

Value Exchange International ROE % Historical Data

The historical data trend for Value Exchange 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.

Value Exchange International ROE % Chart

Value Exchange International Annual Data
Trend Aug13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.00 5.33 9.27 39.31 0.14

Value Exchange International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -28.47 -24.93 -94.90 -89.12 -73.71

Competitive Comparison of Value Exchange International's ROE %

For the Information Technology Services subindustry, Value Exchange 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.


Value Exchange International's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, Value Exchange International's ROE % distribution charts can be found below:

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



Value Exchange International ROE % Calculation

Value Exchange International's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=0.003/( (2.229+2.125)/ 2 )
=0.003/2.177
=0.14 %

Value Exchange International's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-1.308/( (1.359+2.19)/ 2 )
=-1.308/1.7745
=-73.71 %

* 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 (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.


Value Exchange International  (OTCPK:VEII) 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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-1.308/1.7745
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.308 / 11.844)*(11.844 / 6.7385)*(6.7385 / 1.7745)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.04 %*1.7577*3.7974
=ROA %*Equity Multiplier
=-19.41 %*3.7974
=-73.71 %

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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-1.308/1.7745
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.308 / -1.292) * (-1.292 / -0.992) * (-0.992 / 11.844) * (11.844 / 6.7385) * (6.7385 / 1.7745)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0124 * 1.3024 * -8.38 % * 1.7577 * 3.7974
=-73.71 %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Value Exchange International ROE % Related Terms

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


Value Exchange International (Value Exchange International) Business Description

Traded in Other Exchanges
N/A
Address
Shatin Industrial Centre, 5-7 Yuen Shun Circuit, Unit 02-03, 6th Floor, Block B, Shatin, Hong Kong, HKG
Value Exchange International Inc is a United States based software company. The company through its subsidiaries provides customer-centric hardware and software system solutions for the retail industry in China, Hong Kong, and Philippines. Its primary services and products of the IT Business are Systems maintenance and related service and Systems development and integration. The company serves Public and Retail sector. It get majority of its revenue from software development and maintenance services.
Executives
Chan Heng Fai Ambrose 10 percent owner 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Robert H Trapp director C/O EVISION INTERNATIONAL INC., 1888 SHERMAN ST. #500, DENVER CO 80203
Tat Keung Wong director 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814
Shui Yeung Wong director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Chun Wing Yeung director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Seng Wee Tan director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Tsang Po Yee Bella director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Kan Fai Lum director 10/F., SKYWAY CENTER, 23, QUEEN'S ROAD WEST, HONG KONG K3 00000
Gigworld Inc. 10 percent owner 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Yuen Fong Lee director 602, 6/F, BLOCK B, SHATIN INDUSTRIAL, CENTRE, 5-7 YUEN SHUN CIRCUIT, SHATIN, NEW TERRITORIES K3 00000
Johan Pehrson director C/O JOHAN PEHRSON, HALMSTAD V7 30259
Matthew R Mecke director, officer: President, CEO, CFO 6501 RED HOOK PLZA, STE 201-553, ST THOMAS VI 00802
Anthony Robinson director UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000
Paul F. Manning director, officer: Secretary / Treasurer UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000