First Time Loading...

Zhejiang Yongjin Metal Technology Co Ltd
SSE:603995

Watchlist Manager
Zhejiang Yongjin Metal Technology Co Ltd Logo
Zhejiang Yongjin Metal Technology Co Ltd
SSE:603995
Watchlist
Price: 17.57 CNY -2.87% Market Closed
Updated: Apr 24, 2024

ROE
Return on Equity

9.8%
Current
12%
Average
-5.3%
Industry
Positive for the last year
9.8%
Positive average
12%
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
9.8%
=
Net Income
453m
/
Equity
5.2B

ROE Across Competitors

ROE Comparison
Zhejiang Yongjin Metal Technology Co Ltd Competitors

Country CN
Market Cap 6.5B CNY
ROE
10%
Country ZA
Market Cap 143.1B Zac
ROE
49%
Country BR
Market Cap 269.9B BRL
ROE
21%
Country AU
Market Cap 76.3B AUD
ROE
32%
Country US
Market Cap 42.8B USD
ROE
23%
Country AU
Market Cap 29.7B EUR
ROE
32%
Country IN
Market Cap 2.2T INR
ROE
16%
Country IN
Market Cap 2T INR
ROE
-3%
Country KR
Market Cap 30.1T KRW
ROE
3%
Country CN
Market Cap 156.5B CNY
ROE
6%
Country US
Market Cap 21.5B USD
ROE
29%

Profitability Report

View the profitability report to see the full profitability analysis for Zhejiang Yongjin Metal Technology 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
9.8%
=
Net Income
453m
/
Equity
5.2B
What is the ROE of Zhejiang Yongjin Metal Technology Co Ltd?

Based on Zhejiang Yongjin Metal Technology Co Ltd's most recent financial statements, the company has ROE of 9.8%.