SHINECO, INC. Quarterly Return On Assets in % from Q4 2016 to Q3 2024
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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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Shineco, Inc. quarterly/annual Return On Assets history and growth rate from Q4 2016 to Q3 2024.
- Shineco, Inc. Return On Assets for the quarter ending September 30, 2024 was -31.2 %, a 305% decline year-over-year.
- Shineco, Inc. annual Return On Assets for 2024 was -23.3 %, a 7.74% decline from 2023.
- Shineco, Inc. annual Return On Assets for 2023 was -21.6 %, a 44.4% increase from 2022.
- Shineco, Inc. annual Return On Assets for 2022 was -38.8 %, a 11.8% increase from 2021.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)