Kong Sun Ret. on equity
What is the Ret. on equity of Kong Sun?
The Ret. on equity of Kong Sun Holdings Limited is -6.08%
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 Utilities sector on HKSE compared to Kong Sun
What does Kong Sun do?
Kong Sun Holdings Limited, an investment holding company, invests in, operates, and maintains solar power plants in the People's Republic of China. The company operates through four segments: Solar Power Plants, Liquefied Natural Gas, Financial Services, and Others. It generates and sells electricity through solar power plants. As of December 31, 2021, the company owned 17 solar power plants with a total installed capacity of approximately 529.8 megawatts in Shaanxi, Inner Mongolia, Shanxi, Hebei, Henan, Anhui, Zhejiang, Hubei, and Qinghai Provinces. It also trades in liquefied natural gas and solar energy related products; provides various loans; and leases properties, as well as offers electricity maintenance services. The company was incorporated in 1955 and is headquartered in Beijing, China. Kong Sun Holdings Limited is a subsidiary of Pohua JT Private Equity Fund L.P.
Companies with ret. on equity similar to Kong Sun
- Orange Sky Golden Harvest Entertainment () has Ret. on equity of -6.12%
- Zhejiang Yongan Rongtong Co has Ret. on equity of -6.11%
- Newcore Gold has Ret. on equity of -6.10%
- Setubandhan Infrastructure has Ret. on equity of -6.10%
- Lai has Ret. on equity of -6.09%
- Amarin Corp has Ret. on equity of -6.09%
- Kong Sun has Ret. on equity of -6.08%
- John Lewis of Hungerford plc has Ret. on equity of -6.08%
- Ye Xing has Ret. on equity of -6.08%
- Scienjoy has Ret. on equity of -6.07%
- Lee Kee has Ret. on equity of -6.07%
- Carpentaria Resources has Ret. on equity of -6.06%
- Beardsell has Ret. on equity of -6.05%