Jiajiafu Modern Agriculture Ret. on equity
What is the Ret. on equity of Jiajiafu Modern Agriculture?
The Ret. on equity of Jiajiafu Modern Agriculture Limited is 8.93%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Consumer Staples sector on ASX compared to Jiajiafu Modern Agriculture
What does Jiajiafu Modern Agriculture do?
Jiajiafu Modern Agriculture Limited, through its subsidiary, Qingzhou Jiajiafu Modern Agriculture Group Co., Ltd. engages in farming, harvesting, packing, marketing, supplying, and distributing fruits and vegetables in China. The company's products primarily include fresh produce, such as tomatoes, cucumbers, eggplants, chilies, radishes, potatoes, and yams; and processed food products comprising dandelion tea, pumpkin powder, and dried persimmons. It also trades in agriculture supplies, such as fertilizers and pesticides. The company was founded in 2011 and is based in Sydney, Australia. Jiajiafu Modern Agriculture Limited is a subsidiary of Juxin Holding Limited.
Companies with ret. on equity similar to Jiajiafu Modern Agriculture
- Anglikang has Ret. on equity of 8.92%
- Axa Nv20 has Ret. on equity of 8.92%
- American has Ret. on equity of 8.92%
- Pinnacle West Capital has Ret. on equity of 8.92%
- StepStone has Ret. on equity of 8.92%
- Falcon Minerals has Ret. on equity of 8.93%
- Jiajiafu Modern Agriculture has Ret. on equity of 8.93%
- Ginni Filaments has Ret. on equity of 8.93%
- Post Inc has Ret. on equity of 8.93%
- K2 F&B has Ret. on equity of 8.94%
- Gabelli Multimedia Trust Inc has Ret. on equity of 8.94%
- The Gabelli Multimedia Trust has Ret. on equity of 8.94%
- Golden Eagle Retail has Ret. on equity of 8.94%