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Kuber Resources (Kuber Resources) ROE % : 206.29% (As of Dec. 2023)


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What is Kuber Resources ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kuber Resources's annualized net income for the quarter that ended in Dec. 2023 was $5.08 Mil. Kuber Resources's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $2.46 Mil. Therefore, Kuber Resources's annualized ROE % for the quarter that ended in Dec. 2023 was 206.29%.

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

KUBR' s ROE % Range Over the Past 10 Years
Min: 49.24   Med: 202.14   Max: 355.04
Current: 83.72

During the past 13 years, Kuber Resources's highest ROE % was 355.04%. The lowest was 49.24%. And the median was 202.14%.

KUBR's ROE % is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 6.405 vs KUBR: 83.72

Kuber Resources ROE % Historical Data

The historical data trend for Kuber Resources'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.

Kuber Resources ROE % Chart

Kuber Resources Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 355.04 49.24

Kuber Resources Quarterly Data
Sep14 Dec14 Mar15 Jun15 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -3.09 -4.60 -5.08 -17.21 206.29

Competitive Comparison of Kuber Resources's ROE %

For the Farm Products subindustry, Kuber Resources'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.


Kuber Resources's ROE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kuber Resources's ROE % distribution charts can be found below:

* The bar in red indicates where Kuber Resources's ROE % falls into.



Kuber Resources ROE % Calculation

Kuber Resources's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=1.218/( (0.773+4.174)/ 2 )
=1.218/2.4735
=49.24 %

Kuber Resources's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=5.08/( (0.751+4.174)/ 2 )
=5.08/2.4625
=206.29 %

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


Kuber Resources  (OTCPK:KUBR) 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. 2023 )
=Net Income/Total Stockholders Equity
=5.08/2.4625
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.08 / 8.72)*(8.72 / 3.567)*(3.567 / 2.4625)
=Net Margin %*Asset Turnover*Equity Multiplier
=58.26 %*2.4446*1.4485
=ROA %*Equity Multiplier
=142.42 %*1.4485
=206.29 %

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. 2023 )
=Net Income/Total Stockholders Equity
=5.08/2.4625
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5.08 / 6.972) * (6.972 / 6.956) * (6.956 / 8.72) * (8.72 / 3.567) * (3.567 / 2.4625)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7286 * 1.0023 * 79.77 % * 2.4446 * 1.4485
=206.29 %

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


Kuber Resources ROE % Related Terms

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


Kuber Resources (Kuber Resources) Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Room 1113, Tower 2, Lippo Centre, Admiralty, Hong Kong, HKG, 510620
Kuber Resources Corp is a holding company. The firm through its subsidiaries specializes in trade and consulting in Hong Kong.
Executives
Chi Kit Hui officer: Chief Financial Officer 11/F GUANGDONG FINANCE BLDG, 88 CONNAUGHT RD WEST, HONG KONG F4 00000
Chi Ho Cheung officer: Chief Executive Officer 5/F GUANGDONG FINANCE BLDG, 88 CONNAUGHT RD WEST, HONG KONG F4 00000
Carol Kwok director 5/F GUANGDONG FINANCE BLDG, 88 CONNAUGHT RD WEST, HONG KONG F4 00000
Kin Yu Wong director, officer: Chief Operating Officer 5/F GUANGDONG FINANCE BLDG, 88 CONNAUGHT RD WEST, HONG KONG F4 00000
Tsun Sin Man Samuel director, 10 percent owner, officer: Chairman 5/F GUANGDONG FINANCE BLDG, 88 CONNAUGHT RD WEST, HONG KONG F4 00000
Yang Zeng director 5/F GUANGDONG FINANCE BLDG, 88 CONNAUGHT RD WEST, HONG KONG F4 00000
Wanjun Guo 10 percent owner 5/F GUANGDONG FINANCE BLDG, 99 CONNAUGHT RD WEST, HONG KONG F4 00000
Larry Wei Fan officer: Chief Financial Officer ROOM 303, 3/F GOLDLION CENTER, 136-138 TIYU RD EAST, TIANHE DISTRICT, GUANGZHOU F4 510620
Yang Xiao Lei director 2 FLOOR, OFFICE TOWER II, LANDMARK TOWERS, 8 N. DONGSHANHUAN RD, BEIJING F4 100004
John Hui director, officer: CEO C/O LOEB & LOEB LLP, 10100 SANTA MONICA BLVD SUITE 2200, LOS ANGELES CA 90067-4164
Chaoming Luo director RM 1217, 12TH/FL, THE METROPOLIS TOWER, 10 METROPOLIS DR., HUNGHOM K3 510000
Chi Ming Chan director, officer: DIRECTOR RM 1217, 12TH/FL, THE METROPOLIS TOWER, 10 METROPOLIS DR., HUNGHOM K3 510000
Tsang Chi Hung director 3RD FLOOR, GOLDLION DIGITAL NETWORK, CENTER, 138 TIYU ROAD EAST, TIANHE, GUANGZHOU F4 510620
Tao Wendy Siu Ping Choi 10 percent owner 12/F 9 DES VOEUX ROAD WEST, HONG KONG K3 00000
Wong Keith Yat Chor 10 percent owner

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