Shengda Network Technology, Inc. Annual Return On Equity in % from 2019 to 2022

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
Shengda Network Technology, Inc. quarterly/annual Return On Equity history and growth rate from 2019 to 2022.
  • Shengda Network Technology, Inc. Return On Equity for the quarter ending September 30, 2022 was 42.7 %.
  • Shengda Network Technology, Inc. annual Return On Equity for 2022 was 42.1 %.
  • Shengda Network Technology, Inc. annual Return On Equity for 2021 was -31.7 %, a 122% decline from 2020.
  • Shengda Network Technology, Inc. annual Return On Equity for 2020 was 143 %, a 86.3% decline from 2019.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2022 42.1 +73.8 Jul 1, 2021 Jun 30, 2022
2021 -31.7 -175 -122% Jul 1, 2020 Jun 30, 2021
2020 143 -898 -86.3% Jul 1, 2019 Jun 30, 2020
2019 1.04K Jul 1, 2018 Jun 30, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.