New Momentum Corp. Annual Return On Equity in % from 2012 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
New Momentum Corp. quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • New Momentum Corp. Return On Equity for the quarter ending September 30, 2024 was 37.2 %, a 32.5% decline year-over-year.
  • New Momentum Corp. annual Return On Equity for 2023 was 66 %, a 38.6% increase from 2022.
  • New Momentum Corp. annual Return On Equity for 2022 was 47.6 %, a 57.8% decline from 2021.
  • New Momentum Corp. annual Return On Equity for 2021 was 113 %, a 97% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 66 +18.4 +38.6% Jan 1, 2023 Dec 31, 2023
2022 47.6 -65.2 -57.8% Jan 1, 2022 Dec 31, 2022
2021 113 -3.62K -97% Jan 1, 2021 Dec 31, 2021
2020 3.74K +3.71K +15578% Jan 1, 2020 Dec 31, 2020
2019 23.8 +128 Jan 1, 2019 Dec 31, 2019
2018 -104 -63.6 -157% Jan 1, 2018 Dec 31, 2018
2017 -40.5 -12.6 -45.3% Jan 1, 2017 Dec 31, 2017
2016 -27.9 -422 -107% Jan 1, 2016 Dec 31, 2016
2015 394 +376 +2115% Jan 1, 2015 Dec 31, 2015
2014 17.8 +6.39 +56.1% Jan 1, 2014 Dec 31, 2014
2013 11.4 -0.77 -6.33% Jan 1, 2013 Dec 31, 2013
2012 12.2 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.