CHPMW (CHP Merger) ROE % : -0.21% (As of Dec. 2021)

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What is CHP Merger ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CHP Merger's annualized net income for the quarter that ended in Dec. 2021 was $-0.46 Mil. CHP Merger's average Total Stockholders Equity over the quarter that ended in Dec. 2021 was $220.58 Mil. Therefore, CHP Merger's annualized ROE % for the quarter that ended in Dec. 2021 was -0.21%.

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

CHPMW' s ROE % Range Over the Past 10 Years
Min: -9.14 Med: 0.74 Max: 10.62
Current: 8.96

During the past 3 years, CHP Merger's highest ROE % was 10.62%. The lowest was -9.14%. And the median was 0.74%.

CHPMW's ROE % is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.64 vs CHPMW: 8.96

CHP Merger ROE % Historical Data

The historical data trend for CHP Merger'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.

CHP Merger ROE % Chart

CHP Merger Annual Data

Trend

Dec19

Dec20

Dec21

ROE %

-9.14

10.62

CHP Merger Semi-Annual Data
	Jul19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
ROE %	Get a 7-Day Free Trial					-3.96	6.82	-1.15	2.83	-0.21

Competitive Comparison of CHP Merger's ROE %

For the Shell Companies subindustry, CHP Merger'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.

CHP Merger's ROE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CHP Merger's ROE % distribution charts can be found below:

* The bar in red indicates where CHP Merger's ROE % falls into.

CHP Merger ROE % Calculation

CHP Merger's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %	=	Net Income (A: Dec. 2021 )	/	( (Total Stockholders Equity (A: Dec. 2020 )	+	Total Stockholders Equity (A: Dec. 2021 ))	/ count )
	=	22.219	/	( (255.399	+	163.095)	/ 2 )
	=	22.219	/	209.247
	=	10.62 %

CHP Merger's annualized ROE % for the quarter that ended in Dec. 2021 is calculated as

ROE %	=	Net Income (Q: Dec. 2021 )	/	( (Total Stockholders Equity (Q: Sep. 2021 )	+	Total Stockholders Equity (Q: Dec. 2021 ))	/ count )
	=	-0.456	/	( (278.074	+	163.095)	/ 2 )
	=	-0.456	/	220.5845
	=	-0.21 %

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 one times the annual (Dec. 2021) net income data. ROE % is displayed in the 30-year financial page.

CHP Merger (NAS:CHPMW) 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. 2021 )
=	Net Income	/	Total Stockholders Equity
=	-0.456	/	220.5845
=	(Net Income / Revenue )	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-0.456 / 0)	*	(0 / 245.4335)	*	(245.4335 / 220.5845)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	N/A %	*	0	*	1.1127
=	ROA %	*	Equity Multiplier
=	N/A %	*	1.1127
=	-0.21 %

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. 2021 )
=	Net Income	/	Total Stockholders Equity
=	-0.456	/	220.5845
=	(Net Income / Pre-Tax Income)	*	(Pre-Tax Income / Operating Income)	*	(Operating Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-0.456 / -0.456)	*	(-0.456 / -2.172)	*	(-2.172 / 0)	*	(0 / 245.4335)	*	(245.4335 / 220.5845)
=	Tax Burden	*	Interest Burden	*	Operating Margin %	*	Asset Turnover	*	Equity Multiplier
=	1	*	0.2099	*	N/A %	*	0	*	1.1127
=	-0.21 %

Note: The net income data used here is one times the annual (Dec. 2021) net income data. The Revenue data used here is one times the annual (Dec. 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.

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.

CHP Merger ROE % Related Terms

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