Cannapharmarx Return on Equity (ROE) Growth & History (CPMD)
Cannapharmarx's return on equity was 142.10% for fiscal 2023.
View full Cannapharmarx company overviewCannapharmarx annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 142.10% | +528.25 pp |
| 2022 | 2022-12-31 | −386.15% | — |
| 2019 | 2019-12-31 | −895.43% | — |
Cannapharmarx quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q4 2022 | 2022-12-31 | −308.46% | — |
| Q3 2020 | 2020-09-30 | −126.70% | −50.12 pp |
| Q2 2020 | 2020-06-30 | −72.29% | −66.05 pp |
| Q1 2020 | 2020-03-31 | −135.92% | −118.10 pp |
| Q4 2019 | 2019-12-31 | −106.65% | — |
| Q3 2019 | 2019-09-30 | −76.58% | — |
| Q2 2019 | 2019-06-30 | −6.23% | — |
| Q1 2019 | 2019-03-31 | −17.82% | — |
| Q3 2015 | 2015-09-30 | −1,696.77% | −1675.14 pp |
| Q4 2014 | 2014-12-31 | −306.83% | — |
| Q3 2014 | 2014-09-30 | −21.64% | — |
| Q2 2014 | 2014-06-30 | −18.44% | — |
Cannapharmarx return on equity trends
Between the periods ended 2019-12-31 and 2023-12-31, Cannapharmarx's return on equity increased from −895.43% to 142.10%, a change of +1037.53 percentage points. The latest reported quarter, Q4 2022, shows −308.46%.
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.
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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