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Wins Finance Holdings (Wins Finance Holdings) ROE % : Negative Equity% (As of Jun. 2023)


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What is Wins Finance Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Wins Finance Holdings's annualized net income for the quarter that ended in Jun. 2023 was $2.74 Mil. Wins Finance Holdings's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was $-4.87 Mil. Therefore, Wins Finance Holdings's annualized ROE % for the quarter that ended in Jun. 2023 was Negative Equity%.

The historical rank and industry rank for Wins Finance Holdings's ROE % or its related term are showing as below:

During the past 10 years, Wins Finance Holdings's highest ROE % was 18.76%. The lowest was -246.04%. And the median was 3.80%.

WINSF's ROE % is not ranked *
in the Credit Services industry.
Industry Median: 6.39
* Ranked among companies with meaningful ROE % only.

Wins Finance Holdings ROE % Historical Data

The historical data trend for Wins Finance Holdings'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.

Wins Finance Holdings ROE % Chart

Wins Finance Holdings Annual Data
Trend Dec14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.40 -140.60 -246.04 - -

Wins Finance Holdings Semi-Annual Data
Sep14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -305.46 Negative Equity - - Negative Equity

Competitive Comparison of Wins Finance Holdings's ROE %

For the Credit Services subindustry, Wins Finance Holdings'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.


Wins Finance Holdings's ROE % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Wins Finance Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Wins Finance Holdings's ROE % falls into.



Wins Finance Holdings ROE % Calculation

Wins Finance Holdings's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=-0.409/( (-5.28+-5.308)/ 2 )
=-0.409/-5.294
=N/A %

Wins Finance Holdings's annualized ROE % for the quarter that ended in Jun. 2023 is calculated as

ROE %=Net Income (Q: Jun. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Jun. 2023 ))/ count )
=2.736/( (-4.441+-5.308)/ 2 )
=2.736/-4.8745
=Negative Equity %

* 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 two times the semi-annual (Jun. 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.


Wins Finance Holdings  (OTCPK:WINSF) 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. 2023 )
=Net Income/Total Stockholders Equity
=2.736/-4.8745
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.736 / 1.502)*(1.502 / 2.0485)*(2.0485 / -4.8745)
=Net Margin %*Asset Turnover*Equity Multiplier
=182.16 %*0.7332*N/A
=ROA %*Equity Multiplier
=133.56 %*N/A
=Negative Equity %

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. 2023 )
=Net Income/Total Stockholders Equity
=2.736/-4.8745
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2.736 / 2.82) * (2.82 / 1.502) * (1.502 / 2.0485) * (2.0485 / -4.8745)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.9702 * 187.75 % * 0.7332 * N/A
=Negative Equity %

Note: The net income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Wins Finance Holdings ROE % Related Terms

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


Wins Finance Holdings (Wins Finance Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 58 Jianguo Road, 1st Floor, Building 1B, Chaoyang District, Beijing, CHN, 100024
Wins Finance Holdings Inc is a diversified investment and asset management company. It is in the business of leasing, financial advisory, financial guarantees, and partnerships. The Company operates and manages its business in three reportable segments, namely, the provision of financial services, medical consulting services and Sales medical equipment in the PRC domestic market.
Executives
Amy He officer: Chief Financial Officer 8TH FLOOR BLOCK 8 AOLINJIATAI BLDG, 1 KEHUIQIAN ST, CHAOYANG DISTRICT, BEIJING F4 00000
Richard Xu director, officer: President 65 BROADWAY, SUITE 501, NEW YORK NY 10006
Bradley Reifler director 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Nicholas Clements director 6F/TOWER, 2 WEST PROSPER CENTRE, NO.5, GUANGHUA ROAD, CHAOYANG DISTRICT, BEIJING F4 100020
Jingxiao Zhang director STATISTICS SCHOOL, RENMIN UNIVERSITY, 59 ZHONGGUANCUN AVENUE, HAIDIAN DISTRICT, BEIJING F4 100872
Jianming Hao director, officer: Co-Chief Executive Officer UNIT 106, TERN CENTRE, TOWER II,, 251 QUEEN'S ROAD, CENTRAL, HONG KONG F4 00000
Peilin Zhao 10 percent owner 1908, 19/F, BLOCK 2, NO. 116, GUANGANMENNEIDAJIE, XUANWU XU, BEIJING F4 XXXXXX
Hong Wang 10 percent owner 8TH FL BLK 5 AOLINJIATAI BLDG, 1 KEHUIQIAN ST, CHAOYANG DISTRICT, BEIJING F4 100192

Wins Finance Holdings (Wins Finance Holdings) Headlines

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