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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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Hongchang International Co., Ltd quarterly/annual Return On Equity history and growth rate from Q3 2016 to Q3 2024.
- Hongchang International Co., Ltd Return On Equity for the quarter ending September 30, 2024 was -0.52 %, a 75.3% increase year-over-year.
- Hongchang International Co., Ltd annual Return On Equity for 2023 was -1.28 %, a 108% decline from 2022.
- Hongchang International Co., Ltd annual Return On Equity for 2022 was 16.1 %, a 71.9% increase from 2021.
- Hongchang International Co., Ltd annual Return On Equity for 2021 was 9.34 %, a 81% decline from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)