HongDa Ret. on equity
What is the Ret. on equity of HongDa?
The Ret. on equity of HongDa Financial Holding Limited is -2,932.35%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Technology sector on HKSE compared to HongDa
What does HongDa do?
China Wood International Holding Co., Limited, an investment holding company, primarily engages in the trading of electronic components/materials in the People's Republic of China and Hong Kong. The company operates through four segments: Car Rental, Materials and Other Goods Trading, Financing Services and Investments, and Others. It is also involved in the car rental; money lending and property investment activities; and fund administration and public relation services. The company was formerly known as HongDa Financial Holding Limited and changed its name to China Wood International Holding Co., Limited in September 2020. The company was founded in 2009 and is based in Central, Hong Kong. China Wood International Holding Co., Limited is a subsidiary of Sino Merchant Car Rental Limited.
Companies with ret. on equity similar to HongDa
- Choice Hotels International has Ret. on equity of -2,985.20%
- TIL has Ret. on equity of -2,981.81%
- 531 has Ret. on equity of -2,959.65%
- Canning Str has Ret. on equity of -2,959.65%
- Valeritas has Ret. on equity of -2,955.84%
- Waverley Pharma has Ret. on equity of -2,951.50%
- HongDa has Ret. on equity of -2,932.35%
- Curzon Plc has Ret. on equity of -2,901.55%
- Lonestar Resources US has Ret. on equity of -2,893.01%
- Bio-Path Inc has Ret. on equity of -2,842.40%
- My Foodie Box Ltd has Ret. on equity of -2,841.47%
- Cuda Oil and Gas has Ret. on equity of -2,837.99%
- Cuda Oil and Gas has Ret. on equity of -2,837.99%