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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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Greenland Technologies Holding Corp. quarterly/annual Return On Equity history and growth rate from 2019 to 2023.
- Greenland Technologies Holding Corp. Return On Equity for the quarter ending March 31, 2024 was -21.6 %, a 4523% decline year-over-year.
- Greenland Technologies Holding Corp. annual Return On Equity for 2023 was -20.6 %, a 2325% decline from 2022.
- Greenland Technologies Holding Corp. annual Return On Equity for 2022 was 0.92 %, a 90.4% decline from 2021.
- Greenland Technologies Holding Corp. annual Return On Equity for 2021 was 9.6 %, a 30.4% decline from 2020.
Return On Equity, Annual (% [USD])
Return On Equity, YoY Annual Growth (%)