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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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Zhen Ding Resources Inc. quarterly/annual Return On Equity history and growth rate from Q1 2016 to Q3 2024.
- Zhen Ding Resources Inc. Return On Equity for the quarter ending September 30, 2024 was 5.56 %, a 53.6% decline year-over-year.
- Zhen Ding Resources Inc. annual Return On Equity for 2023 was 12 %, a 113% increase from 2022.
- Zhen Ding Resources Inc. annual Return On Equity for 2022 was 5.66 %, a 37.4% increase from 2021.
- Zhen Ding Resources Inc. annual Return On Equity for 2021 was 4.12 %, a 38.5% decline from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)