IT TECH PACKAGING, INC. Annual Return On Assets in % from 2012 to 2023

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
It Tech Packaging, Inc. quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • It Tech Packaging, Inc. Return On Assets for the quarter ending September 30, 2024 was -5.09 %, a 42.5% increase year-over-year.
  • It Tech Packaging, Inc. annual Return On Assets for 2023 was -5.05 %, a 32.5% increase from 2022.
  • It Tech Packaging, Inc. annual Return On Assets for 2022 was -7.5 %, a 2084% decline from 2021.
  • It Tech Packaging, Inc. annual Return On Assets for 2021 was 0.38 %.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -5.05 +2.44 +32.5% Jan 1, 2023 Dec 31, 2023
2022 -7.5 -7.88 -2084% Jan 1, 2022 Dec 31, 2022
2021 0.38 +3.3 Jan 1, 2021 Dec 31, 2021
2020 -2.92 -3.96 -380% Jan 1, 2020 Dec 31, 2020
2019 1.04 +6.08 Jan 1, 2019 Dec 31, 2019
2018 -5.04 -5.79 -776% Jan 1, 2018 Dec 31, 2018
2017 0.75 -2.57 -77.6% Jan 1, 2017 Dec 31, 2017
2016 3.31 -1.59 -32.4% Jan 1, 2016 Dec 31, 2016
2015 4.9 -0.25 -4.86% Jan 1, 2015 Dec 31, 2015
2014 5.15 -4.1 -44.3% Jan 1, 2014 Dec 31, 2014
2013 9.25 -0.18 -1.91% Jan 1, 2013 Dec 31, 2013
2012 9.43 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.