SHOREPOWER TECHNOLOGIES INC. Annual Return On Equity in % from 2013 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Shorepower Technologies Inc. quarterly/annual Return On Equity history and growth rate from 2013 to 2023.
  • Shorepower Technologies Inc. Return On Equity for the quarter ending September 30, 2024 was 29.8 %, a 42.4% decline year-over-year.
  • Shorepower Technologies Inc. annual Return On Equity for 2023 was 48.9 %, a 72.7% decline from 2022.
  • Shorepower Technologies Inc. annual Return On Equity for 2022 was 179 %, a 109% increase from 2021.
  • Shorepower Technologies Inc. annual Return On Equity for 2021 was 85.5 %, a 7540% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 48.9 -130 -72.7% Mar 1, 2023 Feb 29, 2024
2022 179 +93.6 +109% Mar 1, 2022 Feb 28, 2023
2021 85.5 +84.4 +7540% Mar 1, 2021 Feb 28, 2022
2020 1.12 -0.64 -36.3% Mar 1, 2020 Feb 28, 2021
2019 1.76 -0.92 -34.3% Mar 1, 2019 Feb 29, 2020
2018 2.68 +0.33 +14.1% Mar 1, 2018 Feb 28, 2019
2017 2.35 -0.48 -17% Mar 1, 2017 Feb 28, 2018
2016 2.83 -1.09 -27.8% Mar 1, 2016 Feb 28, 2017
2015 3.92 +8.67 Mar 1, 2015 Feb 29, 2016
2014 -4.75 -9.57 -198% Mar 1, 2014 Feb 28, 2015
2013 4.82 Mar 1, 2013 Feb 28, 2014
* An asterisk sign (*) next to the value indicates that the value is likely invalid.