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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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CBAK Energy Technology, Inc. quarterly/annual Return On Equity history and growth rate from Q1 2018 to Q3 2024.
- CBAK Energy Technology, Inc. Return On Equity for the quarter ending September 30, 2024 was 9.38 %.
- CBAK Energy Technology, Inc. annual Return On Equity for 2023 was -2.08 %, a 70.8% increase from 2022.
- CBAK Energy Technology, Inc. annual Return On Equity for 2022 was -7.13 %, a 113% decline from 2021.
- CBAK Energy Technology, Inc. annual Return On Equity for 2021 was 53.1 %.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)