Timeless Software Ret. on equity

What is the Ret. on equity of Timeless Software?

The Ret. on equity of Timeless Software Limited is 5.30%

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 Materials sector on HKSE compared to Timeless Software

What does Timeless Software do?

Timeless Software Limited, an investment holding company, engages in mining business in the People's Republic of China. The company operates in two segments, Mining Business and Other Business. It explores, exploits, processes, and sells nickel and copper ores, as well as gold and iron ores. The company has interest in the Baishiquan nickel-copper mine located in Xinjiang. It is also involved in the provision of consultancy, software maintenance and development, and e-commerce services, as well as invests in IT and innovation projects, including e-Sport tournament organizing, bio and nano new materials, IT startup fund, and intelligent agricultural applications. In addition, the company engages in the technology and business investment activities. Timeless Software Limited was incorporated in 1996 and is based in Hong Kong, Hong Kong.

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