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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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Longwen Group Corp. quarterly/annual Return On Equity history and growth rate from Q3 2013 to Q2 2024.
- Longwen Group Corp. Return On Equity for the quarter ending June 30, 2024 was -1.87K %, a 223% decline year-over-year.
- Longwen Group Corp. annual Return On Equity for 2023 was -1.88K %, a 330% decline from 2022.
- Longwen Group Corp. annual Return On Equity for 2022 was -437 %.
- Longwen Group Corp. annual Return On Equity for 2018 was 41.4 %, a 62.7% decline from 2017.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)