SHINECO, INC. Quarterly Return On Equity 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 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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Shineco, Inc. quarterly/annual Return On Equity history and growth rate from Q4 2016 to Q3 2024.
- Shineco, Inc. Return On Equity for the quarter ending September 30, 2024 was -67.3 %, a 407% decline year-over-year.
- Shineco, Inc. annual Return On Equity for 2024 was -48.6 %, a 38.6% decline from 2023.
- Shineco, Inc. annual Return On Equity for 2023 was -35 %, a 50.7% increase from 2022.
- Shineco, Inc. annual Return On Equity for 2022 was -71.1 %, a 26.6% decline from 2021.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)