Cinemark Holdings Inc (CNK)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 309,700 | 652,800 | 555,200 | 628,500 | 600,600 | -236,900 | -302,600 | -348,300 | -271,200 | 177,600 | 75,300 | -140,500 | -422,800 | -667,756 | -737,548 | -765,537 | -616,828 | -351,238 | -172,293 | 99,067 |
| Total stockholders’ equity | US$ in thousands | -528,300 | -502,000 | -510,500 | -498,200 | 286,600 | 292,300 | -474,900 | -479,200 | -485,200 | 194,800 | 208,000 | 286,300 | 322,900 | 304,136 | 387,158 | 513,589 | 787,973 | 1,007,030 | 1,086,920 | 1,253,280 |
| ROE | — | — | — | — | 209.56% | -81.05% | — | — | — | 91.17% | 36.20% | -49.07% | -130.94% | -219.56% | -190.50% | -149.06% | -78.28% | -34.88% | -15.85% | 7.90% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $309,700K ÷ $-528,300K
= —
Cinemark Holdings Inc's return on equity (ROE) has shown significant fluctuations over the past few years, indicating varying levels of efficiency in generating profits from shareholders' equity.
The ROE was positive at 7.90% as of March 31, 2020, but turned negative in the following quarters, reaching a low of -190.50% on June 30, 2021. These negative ROE figures suggest that Cinemark was experiencing losses exceeding the equity invested by shareholders during this period.
However, there was a notable improvement in ROE starting from June 30, 2022, when it climbed to 36.20% and continued to rise significantly to 209.56% by December 31, 2023, indicating a sharp rebound in profitability and efficiency in utilizing shareholders' equity.
The lack of data for the years beyond December 31, 2023, makes it difficult to provide a more recent analysis of Cinemark's ROE trend. Overall, the company experienced a volatile ROE performance characterized by periods of negative profitability followed by a strong recovery and profitability surge. This highlights the importance of closely monitoring the company's financial performance to assess its long-term sustainability and profitability.