China Health Ret. on equity
What is the Ret. on equity of China Health?
The Ret. on equity of China Health Group Inc. is 18.70%
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 Health Care sector on HKSE compared to China Health
What does China Health do?
China Health Group Inc., an investment holding company, provides clinical research services to pharmaceutical and biotechnology companies in the People's Republic of China. The company offers contracted clinical research services; contracted pharmaceutical development services; post launch market research, medical, and medical market services; medical science liaisons; and other medical services. It also provides hospital management, medical tourism, and specialized hospital services, as well as Venturepharma cloud; and sells drug technologies. The company was formerly known as Venturepharm Laboratories Limited and changed its name to China Health Group Inc. in January 2015. China Health Group Inc. was founded in 1998 and is headquartered in Beijing, the People's Republic of China.
Companies with ret. on equity similar to China Health
- World Acceptance has Ret. on equity of 18.69%
- Lotus Bakeries NV has Ret. on equity of 18.69%
- PNC Infratech has Ret. on equity of 18.69%
- HDFC Standard Life Insurance has Ret. on equity of 18.69%
- ChampionX has Ret. on equity of 18.70%
- PT Bank Rakyat Indonesia (Persero) Tbk has Ret. on equity of 18.70%
- China Health has Ret. on equity of 18.70%
- Dr. Lal PathLabs has Ret. on equity of 18.70%
- Galaxy Bearings has Ret. on equity of 18.70%
- Yelp Inc has Ret. on equity of 18.71%
- Nexans Société Anonyme has Ret. on equity of 18.72%
- Nexans SA has Ret. on equity of 18.72%
- Sodexo SA has Ret. on equity of 18.72%