002240.SZ
Price:
$33.3
Market Cap:
$30.03B
Chengxin Lithium Group Co., Ltd. engages in the mining, production, and sale of lithium salt in China. The company is also involved in the lithium dressing; and forestry businesses. Its products are used for applications in lithium-ion battery cathode materials, energy storage, petrochemical, pharmaceutical, and other fields. The company was formerly known as Shenzhen Chengxin Lithium Group Co., Ltd. and changed its name to Chengxin Lithium Group Co., Ltd. in September 2021. Chengxin Lithium Group Co., Ltd. was founded in 1997 and is based in Shenzhen, China.
Industry
Paper, Lumber & Forest Products
IPO Date
2008-05-14
Stock Exchange
SHZ
Ticker
002240.SZ
According to Chengxin Lithium Group Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is -8.14%. This represents a change of 297.00% compared to the average of -2.05% of the last 4 quarters.
The mean historical ROE of Chengxin Lithium Group Co., Ltd. over the last ten years is 5.34%. The current -8.14% ROE has changed -252.44% with respect to the historical average. Over the past ten years (40 quarters), 002240.SZ's ROE was at its highest in in the June 2022 quarter at 24.10%. The ROE was at its lowest in in the December 2015 quarter at -10.69%.
Average
5.34%
Median
1.47%
Minimum
-14.06%
Maximum
43.63%
Discovering the peaks and valleys of Chengxin Lithium Group Co., Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.91%
Maximum Annual ROE = 43.63%
Minimum Annual Increase = -2047.62%
Minimum Annual ROE = -14.06%
| Year | ROE | Change |
|---|---|---|
| 2024 | -5.17% | -195.39% |
| 2023 | 5.42% | -87.58% |
| 2022 | 43.63% | 156.91% |
| 2021 | 16.98% | 1.91% |
| 2020 | 0.84% | -136.18% |
| 2019 | -2.33% | -145.12% |
| 2018 | 5.17% | 301.64% |
| 2017 | 1.29% | -22.07% |
| 2016 | 1.65% | -111.76% |
| 2015 | -14.06% | -2047.62% |
The current ROE of Chengxin Lithium Group Co., Ltd. (002240.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
14.63%
5-year avg
12.34%
10-year avg
5.34%
Chengxin Lithium Group Co., Ltd.’s ROE is less than Shanxi Taigang Stainless Steel Co., Ltd. (0.43%), less than Sichuan Yahua Industrial Group Co., Ltd. (4.11%), less than Tibet Huayu Mining Co., Ltd. (24.61%), less than Xinfengming Group Co., Ltd. (6.06%), less than Jinan Shengquan Group Share Holding Co., Ltd. (10.38%), less than Inner Mongolia Yuan Xing Energy Co.,Ltd (7.35%), less than Shandong Sinocera Functional Material Co., Ltd. (8.91%), less than POCO Holding Co., Ltd. (14.36%), less than Weihai Guangwei Composites Co., Ltd. (9.80%), less than Suzhou Kematek Inc (20.27%),
| Company | ROE | Market cap |
|---|---|---|
| 0.43% | $28.31B | |
| 4.11% | $26.03B | |
| 24.61% | $22.13B | |
| 6.06% | $25.79B | |
| 10.38% | $22.76B | |
| 7.35% | $25.97B | |
| 8.91% | $25.75B | |
| 14.36% | $20.81B | |
| 9.80% | $25.20B | |
| 20.27% | $27.71B |
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