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AGBA Group Holding (AGBA Group Holding) ROE % : -2,111.49% (As of Dec. 2023)


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What is AGBA Group Holding ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. AGBA Group Holding's annualized net income for the quarter that ended in Dec. 2023 was $-54.51 Mil. AGBA Group Holding's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $2.58 Mil. Therefore, AGBA Group Holding's annualized ROE % for the quarter that ended in Dec. 2023 was -2,111.49%.

The historical rank and industry rank for AGBA Group Holding's ROE % or its related term are showing as below:

AGBA' s ROE % Range Over the Past 10 Years
Min: -653.17   Med: -100.84   Max: 345.85
Current: -653.17

During the past 4 years, AGBA Group Holding's highest ROE % was 345.85%. The lowest was -653.17%. And the median was -100.84%.

AGBA's ROE % is ranked worse than
99.48% of 773 companies
in the Capital Markets industry
Industry Median: 5.35 vs AGBA: -653.17

AGBA Group Holding ROE % Historical Data

The historical data trend for AGBA Group Holding'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.

AGBA Group Holding ROE % Chart

AGBA Group Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
- 345.85 -100.84 -279.16

AGBA Group Holding Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -429.08 -321.94 -1,581.62 - -2,111.49

Competitive Comparison of AGBA Group Holding's ROE %

For the Capital Markets subindustry, AGBA Group Holding'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.


AGBA Group Holding's ROE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, AGBA Group Holding's ROE % distribution charts can be found below:

* The bar in red indicates where AGBA Group Holding's ROE % falls into.



AGBA Group Holding ROE % Calculation

AGBA Group Holding'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 )
=-49.206/( (27.15+8.103)/ 2 )
=-49.206/17.6265
=-279.16 %

AGBA Group Holding's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-54.508/( (-2.94+8.103)/ 2 )
=-54.508/2.5815
=-2,111.49 %

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


AGBA Group Holding  (NAS:AGBA) 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
=-54.508/2.5815
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-54.508 / 51.224)*(51.224 / 74.585)*(74.585 / 2.5815)
=Net Margin %*Asset Turnover*Equity Multiplier
=-106.41 %*0.6868*28.8921
=ROA %*Equity Multiplier
=-73.08 %*28.8921
=-2,111.49 %

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
=-54.508/2.5815
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-54.508 / -53.584) * (-53.584 / -59.66) * (-59.66 / 51.224) * (51.224 / 74.585) * (74.585 / 2.5815)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0172 * 0.8982 * -116.47 % * 0.6868 * 28.8921
=-2,111.49 %

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


AGBA Group Holding ROE % Related Terms

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


AGBA Group Holding (AGBA Group Holding) Business Description

Traded in Other Exchanges
Address
68 Johnston Road, AGBA Tower, Wan Chai, Hong Kong, HKG
AGBA Group Holding Ltd provides healthcare, wellness, financial advisory, and fintech services. The group is organized into four divisions: Platform, Distribution, Healthcare, and Fintech. The AGBA platform helps individual and corporate customers with better financial, medical, and healthcare service options. The AGBA is a unique omnichannel one-stop financial business solution platform that offers financial services, expands business opportunities, and enhances business productivity to licensed financial advisors, licensed brokers, and licensed financial institutions.
Executives
Yun Pun Wong director UNIT B, 11F, ON HING BUILDING, 1-9 ON HING TERRACE, CENTRAL HONG KONG F4 00000
Tag Holdings Ltd 10 percent owner TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Wong Suet Fai Almond director TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Wing Fai Ng director, officer: Chairman (PEO) and ED TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Richard Kong officer: Deputy CFO/Company Secretary TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Jeroen Nieuwkoop officer: Chief Strategy Officer TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Shu Pei Huang Desmond officer: Acting Group CFO (PFO) TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Mizuho Securities Usa Llc 10 percent owner 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Eric Sc Lam director ROOM 1108, 11TH FLOOR, BLOCK B, NEW MANDARIN PLZ, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 00000
Gordon Kk Lee director, officer: Chief Executive Officer ROOM 1108, 11TH FLOOR, BLOCK B, NEW MANDARIN PLZ, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 100027
Vera Zl Tan director, officer: Chief Financial Officer ROOM 1108, 11TH FLOOR, BLOCKB, NEW MADISON PLZ, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 100027
Ng Thomas Kwok On director ROOM1108, 11FL, BLOCK B, NEW MANDARIN PL, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 00000
Chan Brian Chunhg Yau director ROOM1108, 11FL, BLOCK B, NEW MANDARIN PL, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 00000