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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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Hongchang International Co., Ltd quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
- Hongchang International Co., Ltd Return On Assets for the quarter ending September 30, 2024 was -0.38 %, a 81.8% increase year-over-year.
- Hongchang International Co., Ltd annual Return On Assets for 2023 was -1.55 %, a 49.4% increase from 2022.
- Hongchang International Co., Ltd annual Return On Assets for 2022 was -3.06 %, a 97.2% increase from 2021.
- Hongchang International Co., Ltd annual Return On Assets for 2021 was -109 %, a 18% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)