Jiuzi Ordinary Shares(Jzxn) Financials: Return On Equity Compared To Industry Average, Plus Other Key Ratios
Profitability Trend (Last 5 Years)
Profitability - return on equity
This chart shows the historical trend of return on equity for JZXN compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Return on Equity (ROE)
Definition: ROE shows how much profit the company earns for its shareholders based on their invested equity. It’s one of the most watched profitability ratios. A consistently high ROE signals strong management and efficient use of shareholder capital. But artificially high ROE may sometimes be boosted by excessive debt.
Interpretation:
• In '2021', JZXN's return on equity was 3.5%, measuring profitability for shareholders. Industry average for Retail-Auto Dealers and Gas Stations in '2021' stood at -6.5%.
• In '2021', JZXN's return on equity was 3.5%, measuring profitability for shareholders. The figure remained stable compared to '2021'. Industry average for Retail-Auto Dealers and Gas Stations in '2021' stood at -6.5%. Industry average remained unchanged from prior year.
• In '2022', JZXN's return on equity was -120.2%, measuring profitability for shareholders. The decline from '2021' may indicate some operational or financial challenges. Industry average for Retail-Auto Dealers and Gas Stations in '2022' stood at 2.9%. Industry average increased by 9.4% compared to previous year.
• In '2023', JZXN's return on equity was -184.6%, measuring profitability for shareholders. The decline from '2022' may indicate some operational or financial challenges. Industry average for Retail-Auto Dealers and Gas Stations in '2023' stood at -22.8%. Industry average declined by 25.7% from previous year.
• In '2024', JZXN's return on equity was -935.1%, measuring profitability for shareholders. The decline from '2023' may indicate some operational or financial challenges. Industry average for Retail-Auto Dealers and Gas Stations in '2024' stood at -62.8%. Industry average declined by 40.1% from previous year.
Overall, JZXN's return on equity has been volatile but showed a downward trend over the past 5 years.
Formula: ROE = Net Income / Shareholders' Equity
Good Range: 10%-20% desirable for many industries.