Jerash Holdings (US), Inc. Annual Return On Equity in % from 2018 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
Jerash Holdings (US), Inc. quarterly/annual Return On Equity history and growth rate from 2018 to 2023.
  • Jerash Holdings (US), Inc. Return On Equity for the quarter ending June 30, 2024 was -5.83 %, a 440% decline year-over-year.
  • Jerash Holdings (US), Inc. annual Return On Equity for 2023 was -2.86 %, a 177% decline from 2022.
  • Jerash Holdings (US), Inc. annual Return On Equity for 2022 was 3.73 %, a 73.5% decline from 2021.
  • Jerash Holdings (US), Inc. annual Return On Equity for 2021 was 14.1 %, a 83.3% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -2.86 -6.58 -177% Apr 1, 2023 Mar 31, 2024
2022 3.73 -10.4 -73.5% Apr 1, 2022 Mar 31, 2023
2021 14.1 +6.4 +83.3% Apr 1, 2021 Mar 31, 2022
2020 7.68 -5.54 -41.9% Apr 1, 2020 Mar 31, 2021
2019 13.2 -2.7 -17% Apr 1, 2019 Mar 31, 2020
2018 15.9 Apr 1, 2018 Mar 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.