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Changjiang & Jinggong Steel Building Group Co Ltd
SSE:600496

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Changjiang & Jinggong Steel Building Group Co Ltd
SSE:600496
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Price: 2.8 CNY 1.08% Market Closed
Updated: Mar 29, 2024

ROE
Return on Equity

7.1%
Current
10%
Average
6.1%
Industry
Positive for the last year
7.1%
Positive average
10%
Worse than average
Better than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
7.1%
=
Net Income
587.8m
/
Equity
8.2B

ROE Across Competitors

ROE Comparison
Changjiang & Jinggong Steel Building Group Co Ltd Competitors

Country MY
Market Cap 2.9B MYR
ROE
2%
Country FR
Market Cap 67.8B EUR
ROE
17%
Country IN
Market Cap 5.2T INR
ROE
16%
Country IN
Market Cap 55.3B EUR
ROE
16%
Country MY
Market Cap 180.5B MYR
ROE
0%
Country US
Market Cap 37.8B USD
ROE
13%
Country CN
Market Cap 218.9B CNY
ROE
13%
Country NL
Market Cap 29.5B USD
ROE
12%
Country ES
Market Cap 27B EUR
ROE
12%
Country CA
Market Cap 28.1B CAD
ROE
9%

ROE Distribution

ROE Distribution
Construction Industry

Profitability Report

View the profitability report to see the full profitability analysis for Changjiang & Jinggong Steel Building Group Co Ltd.

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
7.1%
=
Net Income
587.8m
/
Equity
8.2B
What is the ROE of Changjiang & Jinggong Steel Building Group Co Ltd?

Based on Changjiang & Jinggong Steel Building Group Co Ltd's most recent financial statements, the company has ROE of 7.1%.