SHINECO, INC. Annual Return On Equity in % from 2017 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
Shineco, Inc. quarterly/annual Return On Equity history and growth rate from 2017 to 2023.
  • Shineco, Inc. Return On Equity for the quarter ending March 31, 2024 was -16.8 %, a 57.9% increase year-over-year.
  • 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.
  • Shineco, Inc. annual Return On Equity for 2021 was -56.1 %, a 486% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -35 +36.1 +50.7% Jul 1, 2022 Jun 30, 2023
2022 -71.1 -14.9 -26.6% Jul 1, 2021 Jun 30, 2022
2021 -56.1 -46.6 -486% Jul 1, 2020 Jun 30, 2021
2020 -9.58 -10.7 -979% Jul 1, 2019 Jun 30, 2020
2019 1.09 -9.42 -89.6% Jul 1, 2018 Jun 30, 2019
2018 10.5 -3.71 -26.1% Jul 1, 2017 Jun 30, 2018
2017 14.2 Jul 1, 2016 Jun 30, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.