TANCHENG GROUP CO., LTD. Annual Return On Equity in % from 2019 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
Tancheng Group Co., Ltd. quarterly/annual Return On Equity history and growth rate from 2019 to 2023.
  • Tancheng Group Co., Ltd. Return On Equity for the quarter ending June 30, 2024 was 19.5 %, a 87% decline year-over-year.
  • Tancheng Group Co., Ltd. annual Return On Equity for 2023 was 25.1 %, a 92.6% decline from 2022.
  • Tancheng Group Co., Ltd. annual Return On Equity for 2022 was 340 %, a 184% increase from 2021.
  • Tancheng Group Co., Ltd. annual Return On Equity for 2021 was 120 %, a 18.5% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 25.1 -315 -92.6% Jan 1, 2023 Dec 31, 2023
2022 340 +220 +184% Jan 1, 2022 Dec 31, 2022
2021 120 +18.6 +18.5% Aug 1, 2020 Jul 31, 2021
2020 101 -84.6 -45.6% Aug 1, 2019 Jul 31, 2020
2019 185 Aug 1, 2018 Jul 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.