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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cheetah Net Supply Chain Service's annualized net income for the quarter that ended in Sep. 2024 was $-7.26 Mil. Cheetah Net Supply Chain Service's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $13.88 Mil. Therefore, Cheetah Net Supply Chain Service's annualized ROE % for the quarter that ended in Sep. 2024 was -52.29%.
The historical rank and industry rank for Cheetah Net Supply Chain Service's ROE % or its related term are showing as below:
During the past 3 years, Cheetah Net Supply Chain Service's highest ROE % was Negative Equity%. The lowest was -31.54%. And the median was 97.55%.
The historical data trend for Cheetah Net Supply Chain Service'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.
Cheetah Net Supply Chain Service Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
ROE % | Negative Equity | 97.55 | 3.06 |
Cheetah Net Supply Chain Service Quarterly Data | ||||||||||||
Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
ROE % | Get a 7-Day Free Trial | 10.32 | -2.14 | -34.74 | -23.43 | -52.29 |
For the Auto & Truck Dealerships subindustry, Cheetah Net Supply Chain Service'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.
For the Vehicles & Parts industry and Consumer Cyclical sector, Cheetah Net Supply Chain Service's ROE % distribution charts can be found below:
* The bar in red indicates where Cheetah Net Supply Chain Service's ROE % falls into.
Cheetah Net Supply Chain Service'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 ) |
= | 0.134 | / | ( (1.845 | + | 6.905) | / 2 ) | |
= | 0.134 | / | 4.375 | ||||
= | 3.06 % |
Cheetah Net Supply Chain Service's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as
ROE % | = | Net Income (Q: Sep. 2024 ) | / | ( (Total Stockholders Equity (Q: Jun. 2024 ) | + | Total Stockholders Equity (Q: Sep. 2024 )) | / count ) |
= | -7.26 | / | ( (13.814 | + | 13.954) | / 2 ) | |
= | -7.26 | / | 13.884 | ||||
= | -52.29 % |
* 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 (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.
Cheetah Net Supply Chain Service (NAS:CTNT) 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. 2024 ) | ||||
= | Net Income | / | Total Stockholders Equity | ||
= | -7.26 | / | 13.884 | ||
= | (Net Income / Revenue ) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (-7.26 / 0.244) | * | (0.244 / 16.552) | * | (16.552 / 13.884) |
= | Net Margin % | * | Asset Turnover | * | Equity Multiplier |
= | -2975.41 % | * | 0.0147 | * | 1.1922 |
= | ROA % | * | Equity Multiplier | ||
= | -43.74 % | * | 1.1922 | ||
= | -52.29 % |
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: Sep. 2024 ) | ||||||||
= | Net Income | / | Total Stockholders Equity | ||||||
= | -7.26 | / | 13.884 | ||||||
= | (Net Income / Pre-Tax Income) | * | (Pre-Tax Income / Operating Income) | * | (Operating Income / Revenue) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (-7.26 / -9.5) | * | (-9.5 / -9.788) | * | (-9.788 / 0.244) | * | (0.244 / 16.552) | * | (16.552 / 13.884) |
= | Tax Burden | * | Interest Burden | * | Operating Margin % | * | Asset Turnover | * | Equity Multiplier |
= | 0.7642 | * | 0.9706 | * | -4011.48 % | * | 0.0147 | * | 1.1922 |
= | -52.29 % |
Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.
Thank you for viewing the detailed overview of Cheetah Net Supply Chain Service's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Huan Liu | director, 10 percent owner, officer: See Remarks | 6201 FAIRVIEW RD, STE 225, CHARLOTTE NC 28210 |
Xiaolin Tang | 10 percent owner | RM 401, BLDG 25, MOON BAY GARDEN, DONGSHAN ST., JIANGNING DIST., NANJING F4 211100 |
Huoyuan Chen | 10 percent owner | QUNZHONGXINCUN VILLAGE, TAIJIANG DIST., 207 BLOCK 5, FUZHOU F4 350000 |
Yan Xiao | 10 percent owner | LANGYUAN 2-3001, XINGHEWAN COMM., SIJI XINGHE MID ST., CHAOYANG N. RD., BEIJING F4 100000 |
Ying-chang Yuan | 10 percent owner | 4752 MOUNT ROYAL LN, CHARLOTTE NC 28210 |
Catherine Chen | director | ONE MILE WEST OF GUANRI, HULI DISTRICT, XIAMEN F4 361000 |
Adam Eilenberg | director | 335 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10017 |
Walter Penn Folker | officer: Vice President of Procurement | 7353 BEDFORDSHIRE DRIVE, CHARLOTTE NC 28226 |
Xianggeng Huang | director, 10 percent owner | 12-8, A2#BLDG, WANDA PLAZA II, NO.8 AOJIANG RD., AOFENG ST., TAIJIANG, FUZHOU F4 350000 |
Vladimir Gavrilovic | director | 70 ELM STREET, APT 1, NORTH ARLINGTON NJ 07031 |
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