301006.SZ
Price:
$16.81
Market Cap:
$2.31B
Meter Instruments Co., Ltd research, develops, produces, and sells water meter. It offers ultrasonic water meters, ultrasonic heat meters, smart flow meters, data concentrators, balancing and control valves, and fire hydrant flowmeter products. The company was founded in 2006 and is based in Nanjing, China.
Industry
Electrical Equipment & Parts
IPO Date
2021-06-07
Stock Exchange
SHZ
Ticker
301006.SZ
According to Meter Instruments Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is 6.47%. This represents a change of 299.60% compared to the average of 1.62% of the last 4 quarters.
The mean historical ROE of Meter Instruments Co., Ltd. over the last ten years is 17.97%. The current 6.47% ROE has changed -64.00% with respect to the historical average. Over the past ten years (40 quarters), 301006.SZ's ROE was at its highest in in the June 2020 quarter at 11.42%. The ROE was at its lowest in in the September 2020 quarter at 0%.
Average
17.97%
Median
12.99%
Minimum
6.35%
Maximum
31.33%
Discovering the peaks and valleys of Meter Instruments 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 = 141.22%
Maximum Annual ROE = 31.33%
Minimum Annual Increase = -65.99%
Minimum Annual ROE = 6.35%
Year | ROE | Change |
---|---|---|
2024 | 6.35% | -30.58% |
2023 | 9.15% | -2.62% |
2022 | 9.39% | -27.68% |
2021 | 12.99% | -58.55% |
2020 | 31.33% | 1.93% |
2019 | 30.74% | 30.91% |
2018 | 23.48% | 141.22% |
2017 | 9.73% | -65.99% |
The current ROE of Meter Instruments Co., Ltd. (301006.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
8.30%
5-year avg
13.84%
10-year avg
17.97%
Meter Instruments Co., Ltd.’s ROE is
Company | ROE | Market cap |
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How does the current ROE for Meter Instruments Co., Ltd. (301006.SZ) compare to its historical average?