CHGI (China Carbon Graphite Group) ROE %: 0.00% (As of Sep. 2021)

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CHGI China Carbon Graphite Group Inc CHGI
12 GF Score
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What is China Carbon Graphite Group ROE %?

China Carbon Graphite Group CHGI 12 ROE % is 0.00% as of Sep. 2021. GuruFocus rates CHGI with a GF Score™ of 12/100.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. China Carbon Graphite Group's annualized net income for the quarter that ended in Sep. 2021 was $-0.33 Mil. China Carbon Graphite Group's average Total Stockholders Equity over the quarter that ended in Sep. 2021 was $-2.51 Mil. Therefore, China Carbon Graphite Group's annualized ROE % for the quarter that ended in Sep. 2021 was N/A%.

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

CHGI's ROE % is not ranked *
in the Industrial Products industry.
Industry Median: 5.85
* Ranked among companies with meaningful ROE % only.

China Carbon Graphite Group  (OTCPK:CHGI) 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. 2021 )
=Net Income/Total Stockholders Equity
=-0.332/-2.5135
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.332 / 0.492)*(0.492 / 0.5295)*(0.5295 / -2.5135)
=Net Margin %*Asset Turnover*Equity Multiplier
=-67.48 %*0.9292*N/A
=ROA %*Equity Multiplier
=-62.7 %*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. 2021 )
=Net Income/Total Stockholders Equity
=-0.332/-2.5135
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.332 / -0.332) * (-0.332 / -0.152) * (-0.152 / 0.492) * (0.492 / 0.5295) * (0.5295 / -2.5135)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 2.1842 * -30.89 % * 0.9292 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 2021) 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.


China Carbon Graphite Group ROE % Related Terms


China Carbon Graphite Group ROE % Historical Data

* Premium members only.

The historical data trend for China Carbon Graphite 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.

China Carbon Graphite Group ROE % Chart

China Carbon Graphite Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

China Carbon Graphite Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.00 0.00 0.00 0.00 0.00

CHGI vs PLUG: ROE % Comparison

For the Electrical Equipment & Parts subindustry, China Carbon Graphite 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.


China Carbon Graphite Group ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Carbon Graphite Group's ROE % distribution charts can be found below:

* The bar in red indicates where China Carbon Graphite Group's ROE % falls into.


CHGI
12GF Score
China Carbon Graphite Group Inc CHGI
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Carbon Graphite Group ROE % Calculation

China Carbon Graphite Group's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=-0.271/( (-2.468+-2.7)/ 2 )
=-0.271/-2.584
=N/A %

China Carbon Graphite Group's annualized ROE % for the quarter that ended in Sep. 2021 is calculated as

ROE %=Net Income (Q: Sep. 2021 )/( (Total Stockholders Equity (Q: Jun. 2021 )+Total Stockholders Equity (Q: Sep. 2021 ))/ count )
=-0.332/( (-2.642+-2.385)/ 2 )
=-0.332/-2.5135
=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. 2021) 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 0.00% mean?
China Carbon Graphite Group (CHGI) has a ROE % of 0.00% as of Sep. 2021. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on China Carbon Graphite Group and its competitors.
Is China Carbon Graphite Group's ROE % too high?
China Carbon Graphite Group's current ROE % is 0.00%. Overall, China Carbon Graphite Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does China Carbon Graphite Group's ROE % compare to PLUG?
China Carbon Graphite Group's ROE % of 0.00% can be compared against companies in the Industrial Products industry. The industry median ROE % is 5.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,001 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on China Carbon Graphite Group and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Carbon Graphite Group's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Carbon Graphite Group stock overvalued right now?
China Carbon Graphite Group (CHGI) has a current ROE % of 0.00%. The current ROE % is 0.00%. China Carbon Graphite Group's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For China Carbon Graphite Group (CHGI), the current ROE % is 0.00% as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Carbon Graphite Group Business Description

Address 20955 Pathfinder Road, Suite 200, Diamond Bar, CA, USA, 91765
China Carbon Graphite Group Inc is engaged in the research and development, production, and sales of graphene and graphene oxide and graphite bipolar plates in the People's Republic of China. Its product includes carbon fiber products, electrodes, bipolar plates, precision machined graphite parts/components, and graphene-related products. The company derives its revenues from the production, either internally or through outsource to third parties, and distribution of graphite-based products.
12GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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