First Time Loading...
S

Shandong Longda Meishi Co Ltd
SZSE:002726

Watchlist Manager
Shandong Longda Meishi Co Ltd
SZSE:002726
Watchlist
Price: 6.93 CNY -0.29% Market Closed
Updated: Apr 25, 2024

ROE
Return on Equity

-64%
Current
-14%
Average
6.5%
Industry
Negative for the last year
-64%
Negative average
-14%
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
-64%
=
Net Income
-1.5B
/
Equity
2.4B

ROE Across Competitors

ROE Comparison
Shandong Longda Meishi Co Ltd Competitors

Country CN
Market Cap 7.2B CNY
ROE
-64%
Country JP
Market Cap 53.2T JPY
ROE
15%
Country CH
Market Cap 240.1B CHF
ROE
29%
Country US
Market Cap 95.5B USD
ROE
18%
Country US
Market Cap 46.6B USD
ROE
6%
Country FR
Market Cap 38.1B EUR
ROE
5%
Country US
Market Cap 40.3B USD
ROE
26%
Country MY
Market Cap 188.8B MYR
ROE
5%
Country US
Market Cap 38B USD
ROE
50%
Country CN
Market Cap 236.7B CNY
ROE
16%
Country ZA
Market Cap 30.1B Zac
ROE
16%

Profitability Report

View the profitability report to see the full profitability analysis for Shandong Longda Meishi 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
-64%
=
Net Income
-1.5B
/
Equity
2.4B
What is the ROE of Shandong Longda Meishi Co Ltd?

Based on Shandong Longda Meishi Co Ltd's most recent financial statements, the company has ROE of -64%.