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Xinlun New Materials Co Ltd
SZSE:002341

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Xinlun New Materials Co Ltd Logo
Xinlun New Materials Co Ltd
SZSE:002341
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Price: 3.45 CNY 1.17% Market Closed
Updated: Mar 29, 2024

ROE
Return on Equity

-92.6%
Current
-48%
Average
5.3%
Industry
Negative for the last year
-92.6%
Negative average
-48%
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
-92.6%
=
Net Income
-1.4B
/
Equity
995.3m

ROE Across Competitors

ROE Comparison
Xinlun New Materials Co Ltd Competitors

Country CN
Market Cap 4B CNY
ROE
-93%
Country US
Market Cap 7.6B USD
ROE
6%
Country CN
Market Cap 33B CNY
ROE
21%
Country FR
Market Cap 2.8B EUR
ROE
12%
Country US
Market Cap 2.1B USD
ROE
7%
Country JP
Market Cap 281.4B JPY
ROE
8%
Country US
Market Cap 1.8B USD
ROE
4%
Country US
Market Cap 1.5B USD
ROE
9%
Country JP
Market Cap 214.8B JPY
ROE
13%
Country JP
Market Cap 154.8B JPY
ROE
11%
Country US
Market Cap 977.4m USD
ROE
12%

ROE Distribution

ROE Distribution
Commercial Services & Supplies Industry

Profitability Report

View the profitability report to see the full profitability analysis for Xinlun New Materials 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
-92.6%
=
Net Income
-1.4B
/
Equity
995.3m
What is the ROE of Xinlun New Materials Co Ltd?

Based on Xinlun New Materials Co Ltd's most recent financial statements, the company has ROE of -92.6%.