Kingold Jewelry Inc Ret. on equity
What is the Ret. on equity of Kingold Jewelry Inc?
The Ret. on equity of Kingold Jewelry Inc is 0.68%
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 Consumer Discretionary sector on NASDAQ compared to Kingold Jewelry Inc
What does Kingold Jewelry Inc do?
kingold jewelry, inc. designs, manufactures, and sells 24-karat gold jewelry and chinese ornaments in the people's republic of china. the company offers a range of in-house designed products, including gold necklaces, rings, earrings, bracelets, gold bars, and pendants. it also invests in gold. the company sells its products to wholesalers, distributors, and retailers under the kingold brand. kingold jewelry, inc. was founded in 2002 and is based in wuhan, the people's republic of china.
Companies with ret. on equity similar to Kingold Jewelry Inc
- Stoneridge has Ret. on equity of 0.67%
- Chordia Food Products has Ret. on equity of 0.68%
- CIL Securities has Ret. on equity of 0.68%
- Nova Leap Health has Ret. on equity of 0.68%
- Viking Mines has Ret. on equity of 0.68%
- Cubex Tubings has Ret. on equity of 0.68%
- Kingold Jewelry Inc has Ret. on equity of 0.68%
- Abcam plc has Ret. on equity of 0.69%
- Immunodiagnostic Systems PLC has Ret. on equity of 0.69%
- Trident Resources Plc has Ret. on equity of 0.69%
- Schroder BSC Social Impact Trust has Ret. on equity of 0.69%
- Sogou Inc has Ret. on equity of 0.69%
- Venture Life plc has Ret. on equity of 0.69%