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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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Taitron Components Inc quarterly/annual Return On Equity history and growth rate from Q4 2018 to Q3 2024.
- Taitron Components Inc Return On Equity for the quarter ending September 30, 2024 was 7.87 %, a 26.1% decline year-over-year.
- Taitron Components Inc annual Return On Equity for 2023 was 11 %, a 44.6% decline from 2022.
- Taitron Components Inc annual Return On Equity for 2022 was 19.8 %, a 37.2% increase from 2021.
- Taitron Components Inc annual Return On Equity for 2021 was 14.4 %, a 37.1% increase from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)