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Vimico - Cao Bang Bang Giang Travel And Trading JSC (HSTC:BCV) ROE % : 0.00% (As of . 20)


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What is Vimico - Cao Bang Bang Giang Travel And Trading JSC ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vimico - Cao Bang Bang Giang Travel And Trading JSC's annualized net income for the quarter that ended in . 20 was ₫ Mil. Vimico - Cao Bang Bang Giang Travel And Trading JSC's average Total Stockholders Equity over the quarter that ended in . 20 was ₫ Mil. Therefore, Vimico - Cao Bang Bang Giang Travel And Trading JSC's annualized ROE % for the quarter that ended in . 20 was %.

The historical rank and industry rank for Vimico - Cao Bang Bang Giang Travel And Trading JSC's ROE % or its related term are showing as below:

HSTC:BCV's ROE % is not ranked *
in the Conglomerates industry.
Industry Median: 5.8
* Ranked among companies with meaningful ROE % only.

Vimico - Cao Bang Bang Giang Travel And Trading JSC ROE % Historical Data

The historical data trend for Vimico - Cao Bang Bang Giang Travel And Trading JSC'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.

Vimico - Cao Bang Bang Giang Travel And Trading JSC ROE % Chart

Vimico - Cao Bang Bang Giang Travel And Trading JSC Annual Data
Trend
ROE %

Vimico - Cao Bang Bang Giang Travel And Trading JSC Semi-Annual Data
ROE %

Competitive Comparison of Vimico - Cao Bang Bang Giang Travel And Trading JSC's ROE %

For the Conglomerates subindustry, Vimico - Cao Bang Bang Giang Travel And Trading JSC'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.


Vimico - Cao Bang Bang Giang Travel And Trading JSC's ROE % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Vimico - Cao Bang Bang Giang Travel And Trading JSC's ROE % distribution charts can be found below:

* The bar in red indicates where Vimico - Cao Bang Bang Giang Travel And Trading JSC's ROE % falls into.



Vimico - Cao Bang Bang Giang Travel And Trading JSC ROE % Calculation

Vimico - Cao Bang Bang Giang Travel And Trading JSC's annualized ROE % for the fiscal year that ended in . 20 is calculated as

ROE %=Net Income (A: . 20 )/( (Total Stockholders Equity (A: . 20 )+Total Stockholders Equity (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

Vimico - Cao Bang Bang Giang Travel And Trading JSC's annualized ROE % for the quarter that ended in . 20 is calculated as

ROE %=Net Income (Q: . 20 )/( (Total Stockholders Equity (Q: . 20 )+Total Stockholders Equity (Q: . 20 ))/ count )
=/( (+)/ )
=/
= %

* 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 (. 20) 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.


Vimico - Cao Bang Bang Giang Travel And Trading JSC  (HSTC:BCV) 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: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*( / )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

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: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= ( / ) * ( / ) * ( / ) * ( / ) * ( / )
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= * * % * *
= %

Note: The net income data used here is one times the annual (. 20) net income data. The Revenue data used here is one times the annual (. 20) 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.


Vimico - Cao Bang Bang Giang Travel And Trading JSC ROE % Related Terms

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Vimico - Cao Bang Bang Giang Travel And Trading JSC (HSTC:BCV) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No.001, Kim Dong Street, Hop Giang Ward, Cao Bang, VNM
Vimico - Cao Bang Bang Giang Travel And Trading JSC is engaged in producing non-ferrous metals, precious metals, iron, steel, cast iron; producing coke, basic chemicals (excluding banned chemicals); producing fertilizers and nitrogen compounds, refractory products; non-ferrous metal casting, manufacture of metal structure, related technical consulting activities among others.

Vimico - Cao Bang Bang Giang Travel And Trading JSC (HSTC:BCV) Headlines