MicroAlgo Inc. Annual Return On Equity in % from 2020 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
MicroAlgo Inc. quarterly/annual Return On Equity history and growth rate from 2020 to 2022.
  • 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, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2022 -48.1 -112 -176% Jan 1, 2022 Dec 31, 2022
2021 63.6 -300 -82.5% Jan 1, 2021 Dec 31, 2021
2020 363 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.