GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Gyre Therapeutics Inc (NAS:GYRE) » Definitions » ROE %

Gyre Therapeutics (Gyre Therapeutics) ROE % : -696.28% (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Gyre Therapeutics ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gyre Therapeutics's annualized net income for the quarter that ended in Dec. 2023 was $-92.9 Mil. Gyre Therapeutics's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $13.3 Mil. Therefore, Gyre Therapeutics's annualized ROE % for the quarter that ended in Dec. 2023 was -696.28%.

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

GYRE' s ROE % Range Over the Past 10 Years
Min: -696.28   Med: 3.99   Max: 32.14
Current: -696.28

During the past 3 years, Gyre Therapeutics's highest ROE % was 32.14%. The lowest was -696.28%. And the median was 3.99%.

GYRE's ROE % is ranked worse than
96.99% of 1363 companies
in the Biotechnology industry
Industry Median: -44.05 vs GYRE: -696.28

Gyre Therapeutics ROE % Historical Data

The historical data trend for Gyre Therapeutics'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.

Gyre Therapeutics ROE % Chart

Gyre Therapeutics Annual Data
Trend Dec21 Dec22 Dec23
ROE %
32.14 3.99 -696.28

Gyre Therapeutics Semi-Annual Data
Dec21 Dec22 Dec23
ROE % 32.14 3.99 -696.28

Competitive Comparison of Gyre Therapeutics's ROE %

For the Biotechnology subindustry, Gyre Therapeutics'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.


Gyre Therapeutics's ROE % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Gyre Therapeutics's ROE % distribution charts can be found below:

* The bar in red indicates where Gyre Therapeutics's ROE % falls into.



Gyre Therapeutics ROE % Calculation

Gyre Therapeutics'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 )
=-92.933/( (42.522+-15.828)/ 2 )
=-92.933/13.347
=-696.28 %

Gyre Therapeutics's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-92.933/( (42.522+-15.828)/ 2 )
=-92.933/13.347
=-696.28 %

* 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 one times the annual (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Gyre Therapeutics  (NAS:GYRE) 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. 2023 )
=Net Income/Total Stockholders Equity
=-92.933/13.347
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-92.933 / 113.45)*(113.45 / 100.646)*(100.646 / 13.347)
=Net Margin %*Asset Turnover*Equity Multiplier
=-81.92 %*1.1272*7.5407
=ROA %*Equity Multiplier
=-92.34 %*7.5407
=-696.28 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-92.933/13.347
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-92.933 / -76.965) * (-76.965 / 19.213) * (19.213 / 113.45) * (113.45 / 100.646) * (100.646 / 13.347)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.2075 * -4.0059 * 16.94 % * 1.1272 * 7.5407
=-696.28 %

Note: The net income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 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.


Gyre Therapeutics ROE % Related Terms

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


Gyre Therapeutics (Gyre Therapeutics) Business Description

Comparable Companies
Traded in Other Exchanges
Address
12770 High Bluff Drive, Suite 150, San Diego, CA, USA, 92130
Gyre Therapeutics Inc is a biopharmaceutical company headquartered in San Diego, CA, that is primarily focused on the development and commercialization of Hydronidone (F351) for the treatment of Metabolic Dysfunction Associated Steatohepatitis (MASH-associated liver fibrosis (MASH fibrosis), formerly known as Nonalcoholic Steatohepatitis (NASH)) in the United States. In the United States, Hydronidone is currently being evaluated for the treatment of liver fibrosis across a broad spectrum of chronic liver diseases under an active Investigational New Drug (IND) application. Gyre is also advancing a diverse pipeline in China through a controlling interest in the Beijing Continent, including pirfenidone, F573, F528, and F230.

Gyre Therapeutics (Gyre Therapeutics) Headlines