Aluminum Corp Of China annual return on equity
2018
2019
2020
2021
2022
Aluminum Corp Of China Return on Equity (ROE) Growth & History (ALMMF)
Aluminum Corp Of China's return on equity was 18.63% for fiscal 2022.
View full Aluminum Corp Of China company overviewAluminum Corp Of China annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2022 | 2022-12-31 | 18.63% | +4.51 pp |
| 2021 | 2021-12-31 | 14.12% | +11.14 pp |
| 2020 | 2020-12-31 | 2.98% | +0.22 pp |
| 2019 | 2019-12-31 | 2.76% | −0.38 pp |
| 2018 | 2018-12-31 | 3.15% | — |
Aluminum Corp Of China return on equity trends
Between the periods ended 2018-12-31 and 2022-12-31, Aluminum Corp Of China's return on equity increased from 3.15% to 18.63%, a change of +15.49 percentage points.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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