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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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CBAK Energy Technology, Inc. quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
- CBAK Energy Technology, Inc. Return On Assets for the quarter ending September 30, 2024 was 4.04 %.
- CBAK Energy Technology, Inc. annual Return On Assets for 2023 was -0.91 %, a 74.9% increase from 2022.
- CBAK Energy Technology, Inc. annual Return On Assets for 2022 was -3.62 %, a 112% decline from 2021.
- CBAK Energy Technology, Inc. annual Return On Assets for 2021 was 29 %.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)