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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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Tengjun Biotechnology Corp. annual/quarterly Return On Equity history and growth rate from 2021 to 2022.
- Tengjun Biotechnology Corp. Return On Equity for the quarter ending September 30, 2022 was 516 %, a 552% increase year-over-year.
- Tengjun Biotechnology Corp. annual Return On Equity for 2022 was 198 %, a 356% increase from 2021.
Return On Equity, Annual (%)