MicroAlgo Inc. Quarterly Return On Equity in % from Q4 2020 to Q1 2023
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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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MicroAlgo Inc. quarterly/annual Return On Equity history and growth rate from Q4 2020 to Q1 2023.
- MicroAlgo Inc. Return On Equity for the quarter ending March 31, 2023 was -28.7 %, a 140% decline year-over-year.
- MicroAlgo Inc. annual Return On Equity for 2022 was -48.1 %, a 176% decline from 2021.
- MicroAlgo Inc. annual Return On Equity for 2021 was 63.6 %, a 82.5% decline from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)