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Baijiayun Group (Baijiayun Group) ROE % : -25.22% (As of Jun. 2023)


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What is Baijiayun Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Baijiayun Group's annualized net income for the quarter that ended in Jun. 2023 was $-22.29 Mil. Baijiayun Group's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was $88.37 Mil. Therefore, Baijiayun Group's annualized ROE % for the quarter that ended in Jun. 2023 was -25.22%.

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

RTC' s ROE % Range Over the Past 10 Years
Min: -68.11   Med: -15.78   Max: 33.09
Current: -10.45

During the past 13 years, Baijiayun Group's highest ROE % was 33.09%. The lowest was -68.11%. And the median was -15.78%.

RTC's ROE % is ranked worse than
69.7% of 2640 companies
in the Software industry
Industry Median: 3.225 vs RTC: -10.45

Baijiayun Group ROE % Historical Data

The historical data trend for Baijiayun Group'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.

Baijiayun Group ROE % Chart

Baijiayun Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Jun23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.56 9.29 33.09 -68.11 -14.97

Baijiayun Group Semi-Annual Data
Dec13 Jun14 Dec14 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 Premium Member Only Premium Member Only 40.58 26.19 - 28.52 -25.22

Competitive Comparison of Baijiayun Group's ROE %

For the Software - Application subindustry, Baijiayun Group'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.


Baijiayun Group's ROE % Distribution in the Software Industry

For the Software industry and Technology sector, Baijiayun Group's ROE % distribution charts can be found below:

* The bar in red indicates where Baijiayun Group's ROE % falls into.



Baijiayun Group ROE % Calculation

Baijiayun Group'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 )
=-5.734/( (-12.107+88.713)/ 2 )
=-5.734/38.303
=-14.97 %

Baijiayun Group'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 )
=-22.29/( (88.02+88.713)/ 2 )
=-22.29/88.3665
=-25.22 %

* 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.


Baijiayun Group  (NAS:RTC) 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
=-22.29/88.3665
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-22.29 / 82.714)*(82.714 / 143.0315)*(143.0315 / 88.3665)
=Net Margin %*Asset Turnover*Equity Multiplier
=-26.95 %*0.5783*1.6186
=ROA %*Equity Multiplier
=-15.59 %*1.6186
=-25.22 %

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
=-22.29/88.3665
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-22.29 / -23.7) * (-23.7 / -22.63) * (-22.63 / 82.714) * (82.714 / 143.0315) * (143.0315 / 88.3665)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9405 * 1.0473 * -27.36 % * 0.5783 * 1.6186
=-25.22 %

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.


Baijiayun Group ROE % Related Terms

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Baijiayun Group (Baijiayun Group) Business Description

Traded in Other Exchanges
Address
No. 32 Fengzhan Road, 24th Floor, A1 South Building, Yuhuatai District, Nanjing, CHN, 210000
Baijiayun Group Ltd is a ToB video cloud technology service provider that solves various pain points and needs in the field of video technology applications for enterprises. The group supplies energy for the digital development of enterprises through audio and video technology. The firm provides video technology solutions to enterprises and government agencies in various fields such as automobiles, finance, education, and medical care. Baijiayun has created three categories of product services namely video SaaS/PaaS business, video cloud products and software, and video system solutions. It has set up multiple R&D centers, branches, and offices across the country, enabling video technology to create industrial value and promote the development of the real economy.