FOCUS UNIVERSAL INC. Annual Return On Equity in % from 2016 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
Focus Universal Inc. quarterly/annual Return On Equity history and growth rate from 2016 to 2023.
  • Focus Universal Inc. Return On Equity for the quarter ending September 30, 2024 was -91.3 %, a 38.4% decline year-over-year.
  • Focus Universal Inc. annual Return On Equity for 2023 was -90 %, a 81.9% decline from 2022.
  • Focus Universal Inc. annual Return On Equity for 2022 was -49.5 %, a 34.3% decline from 2021.
  • Focus Universal Inc. annual Return On Equity for 2021 was -36.9 %, a 20.6% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -90 -40.5 -81.9% Jan 1, 2023 Dec 31, 2023
2022 -49.5 -12.6 -34.3% Jan 1, 2022 Dec 31, 2022
2021 -36.9 +9.56 +20.6% Jan 1, 2021 Dec 31, 2021
2020 -46.4 -6.32 -15.8% Jan 1, 2020 Dec 31, 2020
2019 -40.1 -2.33 -6.17% Jan 1, 2019 Dec 31, 2019
2018 -37.8 +530 +93.4% Jan 1, 2018 Dec 31, 2018
2017 -568 -383 -208% Jan 1, 2017 Dec 31, 2017
2016 -185 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.