Shengda Network Technology Ret. on equity
What is the Ret. on equity of Shengda Network Technology?
The Ret. on equity of Shengda Network Technology Inc. is -8.32%
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 Consumer Discretionary sector on OTC compared to Shengda Network Technology
What does Shengda Network Technology do?
Shengda Network Technology, Inc. provides portals for the sale of products offered by various manufacturers and merchants. It offers electronics, daily consumable products, food, and clothing. The company was formerly known as Soltrest Inc. Shengda Network Technology Inc. was incorporated in 2018 and is based in Jinhua, China.
Companies with ret. on equity similar to Shengda Network Technology
- Yidu Tech has Ret. on equity of -8.34%
- Alto Metals has Ret. on equity of -8.34%
- Newcore Gold has Ret. on equity of -8.34%
- Socket Mobile Inc has Ret. on equity of -8.33%
- Bassett Furniture Industries has Ret. on equity of -8.33%
- Neptune Digital Assets has Ret. on equity of -8.32%
- Shengda Network Technology has Ret. on equity of -8.32%
- Diversicare Healthcare Services Inc has Ret. on equity of -8.32%
- MFS Government Markets Income Trust has Ret. on equity of -8.31%
- Strongbow Exploration has Ret. on equity of -8.31%
- International Frontier Resources has Ret. on equity of -8.30%
- Tian Shan Development () has Ret. on equity of -8.30%
- Highland Copper has Ret. on equity of -8.30%