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Wealthcraft Capital (Wealthcraft Capital) ROE % : 0.00% (As of Sep. 2023)


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What is Wealthcraft Capital ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Wealthcraft Capital's annualized net income for the quarter that ended in Sep. 2023 was $-0.00 Mil. Wealthcraft Capital's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $-0.92 Mil. Therefore, Wealthcraft Capital's annualized ROE % for the quarter that ended in Sep. 2023 was N/A%.

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

WCCP's ROE % is not ranked *
in the Business Services industry.
Industry Median: 8.3
* Ranked among companies with meaningful ROE % only.

Wealthcraft Capital ROE % Historical Data

The historical data trend for Wealthcraft Capital'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.

Wealthcraft Capital ROE % Chart

Wealthcraft Capital Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
ROE %
Get a 7-Day Free Trial - - -158.66 -14,669.66 -

Wealthcraft Capital Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Sep15 Mar16 Jun16 Sep16 Mar22 Sep22 Mar23 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 - Negative Equity - - -

Competitive Comparison of Wealthcraft Capital's ROE %

For the Security & Protection Services subindustry, Wealthcraft Capital'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.


Wealthcraft Capital's ROE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wealthcraft Capital's ROE % distribution charts can be found below:

* The bar in red indicates where Wealthcraft Capital's ROE % falls into.



Wealthcraft Capital ROE % Calculation

Wealthcraft Capital's annualized ROE % for the fiscal year that ended in Dec. 2008 is calculated as

ROE %=Net Income (A: Dec. 2008 )/( (Total Stockholders Equity (A: Dec. 2007 )+Total Stockholders Equity (A: Dec. 2008 ))/ count )
=-0.648/( (-0.396+-1.023)/ 2 )
=-0.648/-0.7095
=N/A %

Wealthcraft Capital's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-0.004/( (-0.86+-0.98)/ 2 )
=-0.004/-0.92
=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 (Sep. 2023) 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.


Wealthcraft Capital  (OTCPK:WCCP) 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
=-0.004/-0.92
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.004 / 1.66)*(1.66 / 0.416)*(0.416 / -0.92)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.24 %*3.9904*N/A
=ROA %*Equity Multiplier
=-0.96 %*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: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-0.004/-0.92
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.004 / 0.204) * (0.204 / 0.396) * (0.396 / 1.66) * (1.66 / 0.416) * (0.416 / -0.92)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.0196 * 0.5152 * 23.86 % * 3.9904 * N/A
=N/A %

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.


Wealthcraft Capital ROE % Related Terms

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


Wealthcraft Capital (Wealthcraft Capital) Business Description

Traded in Other Exchanges
N/A
Address
300 South Park Avenue, Suite 818, Pomona, CA, USA, 91766
Wealthcraft Capital Inc operates through its subsidiary which is engaged in providing security services for commercial, retail, and industrial customers, with customized services and special patrol methods applicable to the cannabis industry.
Executives
Li Jenny Xiao Zhen officer: CFO ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Hulleman Curtis Cornelius director, 10 percent owner, officer: Director and CIO ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Tallas Kelly Jay Michael director, 10 percent owner, officer: President & CEO ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR

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