Hongchang International Co., Ltd Annual Return On Equity in % from 2017 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
Hongchang International Co., Ltd quarterly/annual Return On Equity history and growth rate from 2017 to 2023.
  • 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, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -1.28 -17.3 -108% Jan 1, 2023 Dec 31, 2023
2022 16.1 +6.71 +71.9% Jan 1, 2022 Dec 31, 2022
2021 9.34 -39.7 -81% Jan 1, 2021 Dec 31, 2021
2020 49.1 -26.6 -35.2% Jan 1, 2020 Dec 31, 2020
2019 75.7 -145 -65.7% Jan 1, 2019 Dec 31, 2019
2018 221 -71.5 -24.5% Jan 1, 2018 Dec 31, 2018
2017 292 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.