ZKGC New Energy annual return on equity
2023
ZKGC New Energy Return on Equity (ROE) Growth & History (DAZSF)
ZKGC New Energy's return on equity was 21.43% for fiscal 2023.
View full ZKGC New Energy company overviewZKGC New Energy annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-05-31 | 21.43% | — |
ZKGC New Energy return on equity trends
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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