Haina Intelligent Equip Intl Ret. on equity
What is the Ret. on equity of Haina Intelligent Equip Intl?
The Ret. on equity of Haina Intelligent Equip Intl is 1.24%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Industrials sector on HKSE compared to Haina Intelligent Equip Intl
What does Haina Intelligent Equip Intl do?
Haina Intelligent Equipment International Holdings Limited, an investment holding company, designs, produces, and sells automated machines for manufacturing disposable hygiene products in the People's Republic of China and internationally. It offers machines for baby diapers, adult diapers, lady sanitary napkins, and medical disposable face masks, as well as related components and parts under the Haina Machinery brand. The company was founded in 2011 and is headquartered in Jinjiang, the People's Republic of China. Haina Intelligent Equipment International Holdings Limited is a subsidiary of Prestige Name International Limited.
Companies with ret. on equity similar to Haina Intelligent Equip Intl
- Hindustan Composites has Ret. on equity of 1.23%
- TOC Property Backed Lending PLC has Ret. on equity of 1.23%
- Nuvei has Ret. on equity of 1.23%
- Gaslog Partners LP has Ret. on equity of 1.23%
- Riverview has Ret. on equity of 1.24%
- Retail Properties of America Inc has Ret. on equity of 1.24%
- Haina Intelligent Equip Intl has Ret. on equity of 1.24%
- World Ltd has Ret. on equity of 1.25%
- Life Settlement Assets A has Ret. on equity of 1.25%
- Greencrest Services has Ret. on equity of 1.25%
- Brachium2 Capital Corp has Ret. on equity of 1.26%
- BCI Minerals has Ret. on equity of 1.26%
- Cushman & Wakefield plc has Ret. on equity of 1.27%