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Hangzhou Zhongya Machinery Co Ltd
SZSE:300512

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Hangzhou Zhongya Machinery Co Ltd
SZSE:300512
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Price: 5.93 CNY -0.5% Market Closed
Updated: Apr 18, 2024

ROE
Return on Equity

4.1%
Current
6%
Average
7.6%
Industry
Positive for the last year
4.1%
Positive average
6%
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
4.1%
=
Net Income
66.2m
/
Equity
1.6B

ROE Across Competitors

ROE Comparison
Hangzhou Zhongya Machinery Co Ltd Competitors

Country CN
Market Cap 2.4B CNY
ROE
4%
Country SE
Market Cap 888.6B SEK
ROE
33%
Country US
Market Cap 74.7B USD
ROE
97%
Country US
Market Cap 69.4B USD
ROE
26%
Country US
Market Cap 38.6B USD
ROE
-29%
Country US
Market Cap 36.1B USD
ROE
8%
Country JP
Market Cap 5.3T JPY
ROE
11%
Country US
Market Cap 30.5B USD
ROE
9%
Country JP
Market Cap 4.7T JPY
ROE
11%
Country US
Market Cap 28.1B USD
ROE
9%
Country SE
Market Cap 299.9B SEK
ROE
18%

Profitability Report

View the profitability report to see the full profitability analysis for Hangzhou Zhongya Machinery 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
4.1%
=
Net Income
66.2m
/
Equity
1.6B
What is the ROE of Hangzhou Zhongya Machinery Co Ltd?

Based on Hangzhou Zhongya Machinery Co Ltd's most recent financial statements, the company has ROE of 4.1%.