1950.HK
Price:
$0.164
Market Cap:
$106.73M
Diwang Industrial Holdings Limited, an investment holding company, engages in the research and development, manufacture, and sale of coating agents and synthetic resins in the People's Republic of China, Mexico, Turkey, and Vietnam. It offers colourants, finishes, and additives for use in apparel, footwear, handbags, automobile interior decoration, home furnishings, and sports equipment industries. The company was formerly known as Sunlight Technology Holdings Limited and changed its name to Diwang Industrial Holdings Limited in May 2022. Diwang Industrial Holdings Limited was founded in 2003 and is headquartered in Hangzhou, the People's Republic of China.
Industry
Chemicals - Specialty
IPO Date
2020-03-12
Stock Exchange
HKSE
Ticker
1950.HK
According to Diwang Industrial Holdings Limited’s latest financial reports and current stock price. The company's current ROE is 3.60%. This represents a change of 171.82% compared to the average of 1.33% of the last 4 quarters.
The mean historical ROE of Diwang Industrial Holdings Limited over the last ten years is 11.07%. The current 3.60% ROE has changed -67.44% with respect to the historical average. Over the past ten years (40 quarters), 1950.HK's ROE was at its highest in in the December 2019 quarter at 9.64%. The ROE was at its lowest in in the December 2021 quarter at -4.30%.
Average
11.07%
Median
6.60%
Minimum
-1.33%
Maximum
24.21%
Discovering the peaks and valleys of Diwang Industrial Holdings Limited 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 = 47.16%
Maximum Annual ROE = 24.21%
Minimum Annual Increase = -784.18%
Minimum Annual ROE = -1.33%
| Year | ROE | Change |
|---|---|---|
| 2024 | 4.66% | 47.16% |
| 2023 | 3.17% | -51.99% |
| 2022 | 6.60% | -784.18% |
| 2021 | -0.96% | -27.49% |
| 2020 | -1.33% | -107.96% |
| 2019 | 16.72% | -30.95% |
| 2018 | 24.21% | 1.68% |
| 2017 | 23.81% | 4.81% |
The current ROE of Diwang Industrial Holdings Limited (1950.HK) 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
4.81%
5-year avg
2.43%
10-year avg
11.07%
Diwang Industrial Holdings Limited’s ROE is greater than Ko Yo Chemical (Group) Limited (-179.93%), greater than CPM Group Limited (-16.78%), greater than PanAsialum Holdings Company Limited (-0.58%), greater than Changmao Biochemical Engineering Company Limited (-13.19%), greater than Beijing Media Corporation Limited (-1.99%), less than Ngai Hing Hong Company Limited (0.07%), greater than Timeless Software Limited (-34.59%), greater than Kontafarma China Holdings Ltd (-43.61%), less than Jiangsu Innovative Ecological New Materials Limited (7.22%), greater than Greenheart Group Limited (-30.29%),
| Company | ROE | Market cap |
|---|---|---|
| -179.93% | $168.97M | |
| -16.78% | $160.00M | |
| -0.58% | $148.73M | |
| -13.19% | $150.91M | |
| -1.99% | $108.55M | |
| 0.07% | $147.68M | |
| -34.59% | $139.13M | |
| -43.61% | $156.05M | |
| 7.22% | $244.80M | |
| -30.29% | $255.99M |
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