ZHEN DING RESOURCES INC. Annual Return On Equity in % from 2016 to 2024

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Zhen Ding Resources Inc. quarterly/annual Return On Equity history and growth rate from 2016 to 2024.
  • Zhen Ding Resources Inc. Return On Equity for the quarter ending December 31, 2024 was 10.2 %, a 15.3% decline year-over-year.
  • Zhen Ding Resources Inc. annual Return On Equity for 2024 was 10.2 %, a 15.3% decline from 2023.
  • Zhen Ding Resources Inc. annual Return On Equity for 2023 was 12 %, a 113% increase from 2022.
  • Zhen Ding Resources Inc. annual Return On Equity for 2022 was 5.66 %, a 37.4% increase from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 10.2 -1.84 -15.3% Jan 1, 2024 Dec 31, 2024
2023 12 +6.39 +113% Jan 1, 2023 Dec 31, 2023
2022 5.66 +1.54 +37.4% Jan 1, 2022 Dec 31, 2022
2021 4.12 -2.58 -38.5% Jan 1, 2021 Dec 31, 2021
2020 6.7 +0.04 +0.6% Jan 1, 2020 Dec 31, 2020
2019 6.66 -0.87 -11.6% Jan 1, 2019 Dec 31, 2019
2018 7.53 -0.15 -1.95% Jan 1, 2018 Dec 31, 2018
2017 7.68 -0.96 -11.1% Jan 1, 2017 Dec 31, 2017
2016 8.64 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.