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IReader Technology Co Ltd
SSE:603533

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IReader Technology Co Ltd Logo
IReader Technology Co Ltd
SSE:603533
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Price: 21.35 CNY -1.16% Market Closed
Updated: Apr 20, 2024

ROE
Return on Equity

2.2%
Current
8%
Average
3.7%
Industry
Positive for the last year
2.2%
Positive average
8%
Worse than average
Worse 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
2.2%
=
Net Income
54.8m
/
Equity
2.6B

ROE Across Competitors

ROE Comparison
IReader Technology Co Ltd Competitors

Country Company Market Cap ROE
CN
IReader Technology Co Ltd
SSE:603533
9.4B CNY
2%
US
Ezenia! Inc
OTC:EZEN
789.1B USD
-1 024%
US
Advant-e Corp
OTC:ADVC
670.7B USD
39%
US
Salesforce Inc
NYSE:CRM
262.5B USD
7%
US
Adobe Inc
NASDAQ:ADBE
210.7B USD
33%
DE
SAP SE
XETRA:SAP
193.5B EUR
15%
US
Intuit Inc
NASDAQ:INTU
169.5B USD
17%
US
Synopsys Inc
NASDAQ:SNPS
77.9B USD
23%
US
Cadence Design Systems Inc
NASDAQ:CDNS
76.1B USD
34%
US
Workday Inc
NASDAQ:WDAY
66.3B USD
20%
CA
Constellation Software Inc
TSX:CSU
77.6B CAD
31%
IReader Technology Co Ltd
SSE:603533
Country CN
Market Cap 9.4B CNY
ROE
2%
Ezenia! Inc
OTC:EZEN
Country US
Market Cap 789.1B USD
ROE
-1 024%
A
Advant-e Corp
OTC:ADVC
Country US
Market Cap 670.7B USD
ROE
39%
Salesforce Inc
NYSE:CRM
Country US
Market Cap 262.5B USD
ROE
7%
Adobe Inc
NASDAQ:ADBE
Country US
Market Cap 210.7B USD
ROE
33%
SAP SE
XETRA:SAP
Country DE
Market Cap 193.5B EUR
ROE
15%
Intuit Inc
NASDAQ:INTU
Country US
Market Cap 169.5B USD
ROE
17%
Synopsys Inc
NASDAQ:SNPS
Country US
Market Cap 77.9B USD
ROE
23%
Cadence Design Systems Inc
NASDAQ:CDNS
Country US
Market Cap 76.1B USD
ROE
34%
Workday Inc
NASDAQ:WDAY
Country US
Market Cap 66.3B USD
ROE
20%
Constellation Software Inc
TSX:CSU
Country CA
Market Cap 77.6B CAD
ROE
31%

Profitability Report

View the profitability report to see the full profitability analysis for IReader Technology Co Ltd.

Full Profitability Report

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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
2.2%
=
Net Income
54.8m
/
Equity
2.6B
What is the ROE of IReader Technology Co Ltd?

Based on IReader Technology Co Ltd's most recent financial statements, the company has ROE of 2.2%.

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