-
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
-
Londax Corp. quarterly/annual Return On Equity history and growth rate for 2023.
- Londax Corp. Return On Equity for the quarter ending August 31, 2024 was 14.9 %, a 84.7% decline year-over-year.
Return On Equity, Annual (%)