Flagship explainer

What drives TANKE BIOSCIENCES CORP’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity−1%Tax burden−35%net income ÷ pretax incomeInterest burden13%pretax ÷ operating incomeOperating margin16%operating income ÷ revenueAsset turnover1.06×revenue ÷ average assetsEquity multiplier1.70×average assets ÷ average equityAs of 2012-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$210247FY2012
Income before tax$602591FY2012
Operating income$4.5MFY2012
$28.6MFY2012
Ending assets$28.8MFY2012
Beginning assets$24.9MFY2011
$15.8MFY2012
$15.9MFY2011
Source: · event Dec 31, 2012 · retrieved Jul 26, 2026 · annual-row source set
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