GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jiangsu Feiliks International Logistics Inc (SZSE:300240) » Definitions » ROE %

Jiangsu Feiliks International Logistics (SZSE:300240) ROE % : -0.80% (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Jiangsu Feiliks International Logistics ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Jiangsu Feiliks International Logistics's annualized net income for the quarter that ended in Mar. 2024 was ¥-12 Mil. Jiangsu Feiliks International Logistics's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was ¥1,461 Mil. Therefore, Jiangsu Feiliks International Logistics's annualized ROE % for the quarter that ended in Mar. 2024 was -0.80%.

The historical rank and industry rank for Jiangsu Feiliks International Logistics's ROE % or its related term are showing as below:

SZSE:300240' s ROE % Range Over the Past 10 Years
Min: -0.71   Med: 4   Max: 15.02
Current: 2.22

During the past 13 years, Jiangsu Feiliks International Logistics's highest ROE % was 15.02%. The lowest was -0.71%. And the median was 4.00%.

SZSE:300240's ROE % is ranked worse than
78.44% of 946 companies
in the Transportation industry
Industry Median: 8.41 vs SZSE:300240: 2.22

Jiangsu Feiliks International Logistics ROE % Historical Data

The historical data trend for Jiangsu Feiliks International Logistics'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.

Jiangsu Feiliks International Logistics ROE % Chart

Jiangsu Feiliks International Logistics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 -0.71 15.02 7.71 1.48

Jiangsu Feiliks International Logistics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -3.75 9.67 5.42 -5.37 -0.80

Competitive Comparison of Jiangsu Feiliks International Logistics's ROE %

For the Integrated Freight & Logistics subindustry, Jiangsu Feiliks International Logistics'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.


Jiangsu Feiliks International Logistics's ROE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jiangsu Feiliks International Logistics's ROE % distribution charts can be found below:

* The bar in red indicates where Jiangsu Feiliks International Logistics's ROE % falls into.



Jiangsu Feiliks International Logistics ROE % Calculation

Jiangsu Feiliks International Logistics'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 )
=21.804/( (1471.535+1475.484)/ 2 )
=21.804/1473.5095
=1.48 %

Jiangsu Feiliks International Logistics's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-11.668/( (1475.484+1446.162)/ 2 )
=-11.668/1460.823
=-0.80 %

* 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 (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Jiangsu Feiliks International Logistics  (SZSE:300240) 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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-11.668/1460.823
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.668 / 6162.156)*(6162.156 / 3838.2495)*(3838.2495 / 1460.823)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.19 %*1.6055*2.6275
=ROA %*Equity Multiplier
=-0.31 %*2.6275
=-0.80 %

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: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-11.668/1460.823
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-11.668 / -18.852) * (-18.852 / 23.112) * (23.112 / 6162.156) * (6162.156 / 3838.2495) * (3838.2495 / 1460.823)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6189 * -0.8157 * 0.38 % * 1.6055 * 2.6275
=-0.80 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Jiangsu Feiliks International Logistics ROE % Related Terms

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


Jiangsu Feiliks International Logistics (SZSE:300240) Business Description

Traded in Other Exchanges
N/A
Address
No. 999 Meigui Road, Kunshan Economic and Technical Development Zone, Jiangsu Province, Kunshan, CHN, 215300
Jiangsu Feiliks International Logistics Inc. focuses on integrated cargo terminals, container transportation, inland freight, express services, and international freight forwarding agency services.
Executives
Geng Hao Directors, executives
Tang Jun Hong Executives
Zhou Li Hong Supervisors
Feng Guo Kai Supervisors
Shen Li Ming Director
Yao Qin Directors, executives
Wu You Yi Director
Sun Xue Hai Supervisors
Zhao Yi Fei Independent director
Fang Xiao Qing Directors, executives
Dong Zhong Lang Independent director
Liu Shi Jie Supervisors
Yin Ling Executives
Shen Li Li Executives
Chu Jing Executives

Jiangsu Feiliks International Logistics (SZSE:300240) Headlines

No Headlines