Hull forms of a high speed small boat have been developed through numerical studies. A round bilge type hull form has been drived form a using chine hull form with HCAD, a hull form variation software. Wave resistance and the flow fields around the ships have been computed using well-known software, WAVIS. This software employs Rankine source method with non-linear tree surface condition as well as dry transom boundary conditions. The round bilge hull form showed better resistance performance than to the chine hull form for the whole speed range. However, considering the building and labor costs of the small shipyard, the chine hull form has been selected and its wave resistance characteristics has been improved by modifying the bow regions and applying the stem wedge. It is found that the effect of stem wedge is quite satisfactory to improve the resistance characteristics of high speed chine hull form.