The Ret. on equity of Bangfu Technology Group Co Ltd. is 4,263.74%
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.
Bangfu Technology Group Co., Ltd. does not have significant operations. It intends to develop personal daily life assistance mobile applications, online educational trainings, and employment recruitment services. The company was formerly known as Kelinda, Inc. and changed its name to Bangfu Technology Group Co., Ltd. in June 2020. Bangfu Technology Group Co., Ltd. was incorporated in 2017 and is based in Liuzhou, the People's Republic of China.