SCIENTIFIC ENERGY, INC 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
Scientific Energy, Inc quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Scientific Energy, Inc Return On Equity for the quarter ending September 30, 2024 was 4.87 %, a 228% increase year-over-year.
  • Scientific Energy, Inc annual Return On Equity for 2023 was 3.06 %.
  • Scientific Energy, Inc annual Return On Equity for 2022 was -5.53 %, a 96% decline from 2021.
  • Scientific Energy, Inc annual Return On Equity for 2021 was -2.82 %, a 114% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 3.06 +8.6 Jan 1, 2023 Dec 31, 2023
2022 -5.53 -2.71 -96% Jan 1, 2022 Dec 31, 2022
2021 -2.82 -23.3 -114% Jan 1, 2021 Dec 31, 2021
2020 20.4 -10.5 -34% Jan 1, 2020 Dec 31, 2020
2019 31 +4.05 +15.1% Jan 1, 2019 Dec 31, 2019
2018 26.9 -2.83 -9.52% Jan 1, 2018 Dec 31, 2018
2017 29.7 -16.9 -36.2% Jan 1, 2017 Dec 31, 2017
2016 46.6 -46.5 -49.9% Jan 1, 2016 Dec 31, 2016
2015 93.1 +503 Jan 1, 2015 Dec 31, 2015
2014 -410 -258 -169% Jan 1, 2014 Dec 31, 2014
2013 -152 -105 -221% Jan 1, 2013 Dec 31, 2013
2012 -47.5 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.