Return On Equity ratio Analysis of Mingzhu Logistics HLDG Ltd. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Poor ROE
-21.50
Period Ending - Dec-22
Poor ROE
3.94
Growth
-645.41 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-5.48
Most recent Quarter ROE
Period Ending - Dec-23
Poor ROE
0
ROE Analysis of Mingzhu Logistics HLDG Ltd.
| ROE Ratio of Mingzhu Logistics HLDG Ltd. with value of -5.48 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Mingzhu Logistics HLDG Ltd. with value of 0 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Dec-23. |
| ROE Ratio of YGMZ drastically fell by -645.41 % this year. |
| ROE Ratio with value of 16.38 was highest in Year Dec-19 in last Five Years. |
| ROE Ratio with value of -21.50 was lowest in Year Dec-23 in last Five Years. |
| Latest ROE Ratio with value of -21.50 is lower than Average ROE of 0.107 in last five years. |
| ROE of Mingzhu Logistics HLDG Ltd. is negative because of poor net profit in Trailing Twelve Months ended on Dec-23. |
Other ROE Related Info of YGMZ that may interest you.
Mingzhu Logistics HLDG Ltd. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| YGMZ | 0.3862 | 0.359 | 7.58 % | Trucking |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Poor Profitability Stock | |
FY - Historical Return On Equity of Mingzhu Logistics HLDG Ltd.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | -21.50 | 3.94 | -1.97 | 3.68 | 16.38 | 33.57 | 24.56 |
| Change | -645.41 % | 300.24 % | -153.54 % | -77.56 % | -51.19 % | 36.66 % |
FY Chart of Return On Equity of Mingzhu Logistics HLDG Ltd.
Note : All Data Generated at the End of Trading Hours (EOD Data)