Nano Magic Inc. Annual Return On Assets in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Nano Magic Inc. quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • Nano Magic Inc. Return On Assets for the quarter ending June 30, 2024 was -102 %, a 51.2% decline year-over-year.
  • Nano Magic Inc. annual Return On Assets for 2023 was -80.3 %, a 60.6% decline from 2022.
  • Nano Magic Inc. annual Return On Assets for 2022 was -50 %, a 71.6% decline from 2021.
  • Nano Magic Inc. annual Return On Assets for 2021 was -29.1 %, a 19.1% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -80.3 -30.3 -60.6% Jan 1, 2023 Dec 31, 2023
2022 -50 -20.9 -71.6% Jan 1, 2022 Dec 31, 2022
2021 -29.1 -4.67 -19.1% Jan 1, 2021 Dec 31, 2021
2020 -24.5 +50.7 +67.4% Jan 1, 2020 Dec 31, 2020
2019 -75.2 -76.1 -7812% Jan 1, 2019 Dec 31, 2019
2018 0.97 -24 -96.1% Jan 1, 2018 Dec 31, 2018
2017 24.9 +7.62 +44% Jan 1, 2017 Dec 31, 2017
2016 17.3 +64.5 Jan 1, 2016 Dec 31, 2016
2015 -47.2 +2.04 +4.14% Jan 1, 2015 Dec 31, 2015
2014 -49.2 -39.4 -402% Jan 1, 2014 Dec 31, 2014
2013 -9.81 +212 +95.6% Jan 1, 2013 Dec 31, 2013
2012 -222 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.