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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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Sino American Oil Co quarterly/annual Return On Equity history and growth rate from 2020 to 2022.
- Sino American Oil Co Return On Equity for the quarter ending June 30, 2023 was 16 %, a 79.1% decline year-over-year.
- Sino American Oil Co annual Return On Equity for 2022 was 56.3 %, a 56.9% decline from 2021.
- Sino American Oil Co annual Return On Equity for 2021 was 131 %, a 356% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)