TAITRON COMPONENTS INC Annual Return On Equity in % from 2012 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
Taitron Components Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • 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, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 11 -8.84 -44.6% Jan 1, 2023 Dec 31, 2023
2022 19.8 +5.37 +37.2% Jan 1, 2022 Dec 31, 2022
2021 14.4 +3.91 +37.1% Jan 1, 2021 Dec 31, 2021
2020 10.5 +4.55 +76.1% Jan 1, 2020 Dec 31, 2020
2019 5.98 -5.32 -47.1% Jan 1, 2019 Dec 31, 2019
2018 11.3 +5.41 +91.8% Jan 1, 2018 Dec 31, 2018
2017 5.89 +27.8 Jan 1, 2017 Dec 31, 2017
2016 -21.9 -18.1 -472% Jan 1, 2016 Dec 31, 2016
2015 -3.82 +3.09 +44.7% Jan 1, 2015 Dec 31, 2015
2014 -6.91 -1.5 -27.7% Jan 1, 2014 Dec 31, 2014
2013 -5.41 -1.29 -31.3% Jan 1, 2013 Dec 31, 2013
2012 -4.11 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.