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Crossfor Co (TSE:7810) ROE % : -1.06% (As of Jul. 2024)


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What is Crossfor Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Crossfor Co's annualized net income for the quarter that ended in Jul. 2024 was 円-19 Mil. Crossfor Co's average Total Stockholders Equity over the quarter that ended in Jul. 2024 was 円1,809 Mil. Therefore, Crossfor Co's annualized ROE % for the quarter that ended in Jul. 2024 was -1.06%.

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

TSE:7810' s ROE % Range Over the Past 10 Years
Min: -26.81   Med: 1.58   Max: 36.34
Current: 1.58

During the past 10 years, Crossfor Co's highest ROE % was 36.34%. The lowest was -26.81%. And the median was 1.58%.

TSE:7810's ROE % is ranked worse than
65% of 1077 companies
in the Retail - Cyclical industry
Industry Median: 5.55 vs TSE:7810: 1.58

Crossfor Co ROE % Historical Data

The historical data trend for Crossfor Co'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.

Crossfor Co ROE % Chart

Crossfor Co Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.81 -5.88 11.03 -13.84 1.58

Crossfor Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -13.06 2.25 -10.26 15.32 -1.06

Competitive Comparison of Crossfor Co's ROE %

For the Luxury Goods subindustry, Crossfor Co'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.


Crossfor Co's ROE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Crossfor Co's ROE % distribution charts can be found below:

* The bar in red indicates where Crossfor Co's ROE % falls into.



Crossfor Co ROE % Calculation

Crossfor Co's annualized ROE % for the fiscal year that ended in Jul. 2024 is calculated as

ROE %=Net Income (A: Jul. 2024 )/( (Total Stockholders Equity (A: Jul. 2023 )+Total Stockholders Equity (A: Jul. 2024 ))/ count )
=28.391/( (1807.684+1790.61)/ 2 )
=28.391/1799.147
=1.58 %

Crossfor Co's annualized ROE % for the quarter that ended in Jul. 2024 is calculated as

ROE %=Net Income (Q: Jul. 2024 )/( (Total Stockholders Equity (Q: Apr. 2024 )+Total Stockholders Equity (Q: Jul. 2024 ))/ count )
=-19.228/( (1827.672+1790.61)/ 2 )
=-19.228/1809.141
=-1.06 %

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


Crossfor Co  (TSE:7810) 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: Jul. 2024 )
=Net Income/Total Stockholders Equity
=-19.228/1809.141
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-19.228 / 3507.604)*(3507.604 / 5247.6535)*(5247.6535 / 1809.141)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.55 %*0.6684*2.9006
=ROA %*Equity Multiplier
=-0.37 %*2.9006
=-1.06 %

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: Jul. 2024 )
=Net Income/Total Stockholders Equity
=-19.228/1809.141
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-19.228 / -15.084) * (-15.084 / -97.472) * (-97.472 / 3507.604) * (3507.604 / 5247.6535) * (5247.6535 / 1809.141)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.2747 * 0.1548 * -2.78 % * 0.6684 * 2.9006
=-1.06 %

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


Crossfor Co ROE % Related Terms

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


Crossfor Co Business Description

Traded in Other Exchanges
N/A
Address
7-11-4 Kokubo Kofu, Yamanashi, JPN, 400-0043
Crossfor Co Ltd is engaged in wholesaling, manufacturing and developing of jewelry and other accessories. It produces necklaces, bracelets, watches, clocks, and other products.

Crossfor Co Headlines

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