Wang Return On Equity from 2010 to 2024

WLGS Stock   4.24  0.17  4.18%   
Wang Lee Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Wang Lee Group, 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
(0.11)
Current Value
(0.10)
Quarterly Volatility
0.16884679
 
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Yuan Drop
 
Covid
Check Wang Lee financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wang Lee's main balance sheet or income statement drivers, such as Income Tax Expense of 257.6 K, Tax Provision of 0.0 or Depreciation And Amortization of 34 K, as well as many indicators such as Price To Sales Ratio of 1.5, Dividend Yield of 0.0 or PTB Ratio of 1.89. Wang financial statements analysis is a perfect complement when working with Wang Lee Valuation or Volatility modules.
  
Check out the analysis of Wang Lee Correlation against competitors.

Latest Wang Lee's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Wang Lee Group, over the last few years. Return on Equity is the amount of Wang Lee Group, net income returned as a percentage of Wang Lee equity. Return on equity measures Wang Lee profitability by revealing how much profit Wang Lee Group, 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. Wang Lee's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wang Lee's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.310 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Wang Return On Equity Regression Statistics

Arithmetic Mean(0.04)
Coefficient Of Variation(434.13)
Mean Deviation0.1
Median(0.07)
Standard Deviation0.17
Sample Variance0.03
Range0.7114
R-Value0.21
Mean Square Error0.03
R-Squared0.05
Significance0.44
Slope0.01
Total Sum of Squares0.40

Wang Return On Equity History

2024 -0.1
2023 -0.11
2022 0.35
2021 0.32
2020 -0.36

About Wang Lee Financial Statements

Wang Lee shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Wang Lee investors may analyze each financial statement separately, they are all interrelated. The changes in Wang Lee's assets and liabilities, for example, are also reflected in the revenues and expenses on on Wang Lee's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity(0.11)(0.10)

Thematic Opportunities

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Additional Tools for Wang Stock Analysis

When running Wang Lee's price analysis, check to measure Wang Lee's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wang Lee is operating at the current time. Most of Wang Lee's value examination focuses on studying past and present price action to predict the probability of Wang Lee's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wang Lee's price. Additionally, you may evaluate how the addition of Wang Lee to your portfolios can decrease your overall portfolio volatility.