Sino Green Land annual return on equity
2022
2023
Sino Green Land Return on Equity (ROE) Growth & History (SGLA)
Sino Green Land's return on equity was −188.56% for fiscal 2023.
View full Sino Green Land company overviewSino Green Land annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-06-30 | −188.56% | — |
| 2022 | 2022-12-31 | −10.47% | — |
Sino Green Land quarterly return on equity
Q3.11
Q4.22
Q1.23
Q4.23
Q1.24
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q1 2024 | 2023-09-30 | −550.72% | — |
| Q4 2023 | 2023-06-30 | −98.16% | — |
| Q1 2023 | 2023-03-31 | −26.43% | — |
| Q4 2022 | 2022-12-31 | −1,150.28% | — |
| Q3 2011 · Sep 30 | 2011-09-30 | −0.55% | — |
Sino Green Land return on equity trends
Between the periods ended 2022-12-31 and 2023-06-30, Sino Green Land's return on equity decreased from −10.47% to −188.56%, a change of −178.09 percentage points. The latest reported quarter, Q1 2024, shows −550.72%.
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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