China Southern Airlines Ret. on equity
What is the Ret. on equity of China Southern Airlines?
The Ret. on equity of China Southern Airlines Company Ltd. is -39.54%
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 Industrials sector on NYSE compared to China Southern Airlines
What does China Southern Airlines do?
China Southern Airlines Company Limited is an airline headquartered in Baiyun District, Guangzhou, Guangdong Province and is the largest airline in China.
Companies with ret. on equity similar to China Southern Airlines
- Mindteck (India) has Ret. on equity of -39.60%
- Goldshore Resources has Ret. on equity of -39.57%
- Rimini Street has Ret. on equity of -39.57%
- KNT has Ret. on equity of -39.57%
- Antibe Therapeutics has Ret. on equity of -39.55%
- Directa Plus Plc has Ret. on equity of -39.54%
- China Southern Airlines has Ret. on equity of -39.54%
- Hardide plc has Ret. on equity of -39.54%
- Weave Communications has Ret. on equity of -39.51%
- Kwan On has Ret. on equity of -39.50%
- I.T has Ret. on equity of -39.45%
- Inscape has Ret. on equity of -39.44%
- Aclaris Therapeutics has Ret. on equity of -39.41%