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Taxonomy & unit
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ratio: %
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Description
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Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Summary
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Shengda Network Technology, Inc. quarterly/annual Return On Assets history and growth rate from Q3 2019 to Q3 2022.
- Shengda Network Technology, Inc. Return On Assets for the quarter ending September 30, 2022 was 41.2 %.
- Shengda Network Technology, Inc. annual Return On Assets for 2022 was 40.3 %.
- Shengda Network Technology, Inc. annual Return On Assets for 2021 was -22.4 %, a 321% decline from 2020.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)