JIN Return On Equity from 2010 to 2024
ZJYL Stock | 1.06 0.01 0.93% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.14 | Current Value 0.26 | Quarterly Volatility 0.11661198 |
Check JIN MEDICAL financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JIN MEDICAL's main balance sheet or income statement drivers, such as Depreciation And Amortization of 254.1 K, Interest Expense of 8.1 K or Selling General Administrative of 2 M, as well as many indicators such as Price To Sales Ratio of 8.1, Dividend Yield of 0.0 or PTB Ratio of 4.73. JIN financial statements analysis is a perfect complement when working with JIN MEDICAL Valuation or Volatility modules.
JIN | Return On Equity |
Latest JIN MEDICAL's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of JIN MEDICAL INTERNATIONAL over the last few years. Return on Equity is the amount of JIN MEDICAL INTERNATIONAL net income returned as a percentage of JIN MEDICAL equity. Return on equity measures JIN MEDICAL profitability by revealing how much profit JIN MEDICAL INTERNATIONAL 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. JIN MEDICAL's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in JIN MEDICAL's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 0.11 | 10 Years Trend |
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Return On Equity |
Timeline |
JIN Return On Equity Regression Statistics
Arithmetic Mean | 0.31 | |
Geometric Mean | 0.29 | |
Coefficient Of Variation | 37.20 | |
Mean Deviation | 0.11 | |
Median | 0.41 | |
Standard Deviation | 0.12 | |
Sample Variance | 0.01 | |
Range | 0.289 | |
R-Value | (0.85) | |
Mean Square Error | 0 | |
R-Squared | 0.71 | |
Significance | 0.000073 | |
Slope | (0.02) | |
Total Sum of Squares | 0.19 |
JIN Return On Equity History
About JIN MEDICAL Financial Statements
JIN MEDICAL investors utilize fundamental indicators, such as Return On Equity, to predict how JIN Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Return On Equity | 0.14 | 0.26 |
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Is Health Care Equipment & Supplies 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 JIN MEDICAL. If investors know JIN 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 JIN MEDICAL 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 (0.12) | Earnings Share 0.02 | Revenue Per Share 0.129 | Quarterly Revenue Growth 0.03 | Return On Assets 0.0403 |
The market value of JIN MEDICAL INTERNATIONAL is measured differently than its book value, which is the value of JIN that is recorded on the company's balance sheet. Investors also form their own opinion of JIN MEDICAL's value that differs from its market value or its book value, called intrinsic value, which is JIN MEDICAL'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 JIN MEDICAL's market value can be influenced by many factors that don't directly affect JIN MEDICAL'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 JIN MEDICAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if JIN MEDICAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JIN MEDICAL'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.