SHINECO, INC. Annual Return On Assets in % from 2017 to 2024

Taxonomy & unit
ratio: %
Description
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.
Summary
Shineco, Inc. quarterly/annual Return On Assets history and growth rate from 2017 to 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, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 -23.3 -1.67 -7.74% Jul 1, 2023 Jun 30, 2024
2023 -21.6 +17.2 +44.4% Jul 1, 2022 Jun 30, 2023
2022 -38.8 +5.2 +11.8% Jul 1, 2021 Jun 30, 2022
2021 -44 -35.8 -435% Jul 1, 2020 Jun 30, 2021
2020 -8.23 -9.19 -960% Jul 1, 2019 Jun 30, 2020
2019 0.96 -8.45 -89.8% Jul 1, 2018 Jun 30, 2019
2018 9.41 -3.5 -27.1% Jul 1, 2017 Jun 30, 2018
2017 12.9 Jul 1, 2016 Jun 30, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.