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Shinagawa Refractories Co Ltd
TSE:5351

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Shinagawa Refractories Co Ltd
TSE:5351
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Price: 1 895 JPY -4.73% Market Closed
Updated: Mar 29, 2024

ROE
Return on Equity

19.5%
Current
11%
Average
6.1%
Industry
Positive for the last year
19.5%
Positive average
11%
Better 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
19.5%
=
Net Income
14.4B
/
Equity
74B

ROE Across Competitors

ROE Comparison
Shinagawa Refractories Co Ltd Competitors

Country JP
Market Cap 87.7B JPY
ROE
19%
Country IE
Market Cap 47.3B GBP
ROE
15%
Country CH
Market Cap 45.9B CHF
ROE
11%
Country US
Market Cap 38B USD
ROE
15%
Country US
Market Cap 36.1B USD
ROE
13%
Country IN
Market Cap 2.8T INR
ROE
12%
Country DE
Market Cap 19B EUR
ROE
11%
Country DE
Market Cap 18.5B EUR
ROE
11%
Country IN
Market Cap 1.5T INR
ROE
7%
Country IE
Market Cap 26.8B AUD
ROE
31%
Country KR
Market Cap 23.4T KRW
ROE
1%

ROE Distribution

ROE Distribution
Construction Industry

Profitability Report

View the profitability report to see the full profitability analysis for Shinagawa Refractories 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
19.5%
=
Net Income
14.4B
/
Equity
74B
What is the ROE of Shinagawa Refractories Co Ltd?

Based on Shinagawa Refractories Co Ltd's most recent financial statements, the company has ROE of 19.5%.