CDT Return On Equity from 2010 to 2024

CDTG Stock   3.20  0.13  3.90%   
CDT Environmental's Return On Equity is decreasing over the last several years with very volatile swings. Return On Equity is predicted to flatten to 0.14. Return On Equity is a measure of the profitability of CDT Environmental Technology in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.23251069
Current Value
0.14
Quarterly Volatility
0.08817444
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CDT Environmental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CDT Environmental's main balance sheet or income statement drivers, such as Tax Provision of 998.8 K, Interest Income of 23.9 K or Depreciation And Amortization of 176 K, as well as many indicators such as Price To Sales Ratio of 5.0, Dividend Yield of 0.0 or PTB Ratio of 1.05. CDT financial statements analysis is a perfect complement when working with CDT Environmental Valuation or Volatility modules.
  
Check out the analysis of CDT Environmental Correlation against competitors.

Latest CDT Environmental's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of CDT Environmental Technology over the last few years. Return on Equity is the amount of CDT Environmental net income returned as a percentage of CDT Environmental equity. Return on equity measures CDT Environmental profitability by revealing how much profit CDT Environmental Technology generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. CDT Environmental's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CDT Environmental's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.2410 Years Trend
Very volatile
   Return On Equity   
       Timeline  

CDT Return On Equity Regression Statistics

Arithmetic Mean0.18
Coefficient Of Variation47.72
Mean Deviation0.04
Median0.20
Standard Deviation0.09
Sample Variance0.01
Range0.4193
R-Value(0.07)
Mean Square Error0.01
R-Squared0
Significance0.82
Slope(0)
Total Sum of Squares0.11

CDT Return On Equity History

2024 0.14
2023 0.23
2022 0.24
2021 0.31
2020 -0.1

About CDT Environmental Financial Statements

CDT Environmental stakeholders use historical fundamental indicators, such as CDT Environmental's Return On Equity, to determine how well the company is positioned to perform in the future. Although CDT Environmental investors may analyze each financial statement separately, they are all interrelated. For example, changes in CDT Environmental's assets and liabilities are reflected in the revenues and expenses on CDT Environmental's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CDT Environmental Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.23  0.14 

Currently Active Assets on Macroaxis

When determining whether CDT Environmental is a strong investment it is important to analyze CDT Environmental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CDT Environmental's future performance. For an informed investment choice regarding CDT Stock, refer to the following important reports:
Check out the analysis of CDT Environmental Correlation against competitors.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CDT Environmental. If investors know CDT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CDT Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.09
Earnings Share
0.69
Revenue Per Share
3.718
Quarterly Revenue Growth
0.173
Return On Assets
0.085
The market value of CDT Environmental is measured differently than its book value, which is the value of CDT that is recorded on the company's balance sheet. Investors also form their own opinion of CDT Environmental's value that differs from its market value or its book value, called intrinsic value, which is CDT Environmental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CDT Environmental's market value can be influenced by many factors that don't directly affect CDT Environmental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CDT Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if CDT Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CDT Environmental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.