603755.SS
Price:
$33.65
Market Cap:
$3.27B
Qingdao Richen Foods Co., Ltd. engages in the research and development, production, and sale of compound seasonings for food processing and catering companies in China. It offers liquid and powder seasonings, sauces, powder coatings, paste coatings, and other products. The company's products are used in various types of barbecue, fried food, and prepared food production. It provides services to the catering market, as well as a range of product solutions for various supermarkets and catering chain enterprises under the Taste Story brand; and export food processing companies of poultry products, aquatic products, vegetable products, etc. The company exports its products primarily to Asia, Eur...[Read more]
Industry
Packaged Foods
IPO Date
2020-08-27
Stock Exchange
SHH
Ticker
603755.SS
According to Qingdao Richen Foods Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is 10.04%. This represents a change of 301.55% compared to the average of 2.50% of the last 4 quarters.
The mean historical ROE of Qingdao Richen Foods Co., Ltd. over the last ten years is 18.07%. The current 10.04% ROE has changed -44.44% with respect to the historical average. Over the past ten years (40 quarters), 603755.SS's ROE was at its highest in in the December 2018 quarter at 12.44%. The ROE was at its lowest in in the September 2018 quarter at 0%.
Average
18.07%
Median
14.00%
Minimum
7.44%
Maximum
35.07%
Discovering the peaks and valleys of Qingdao Richen Foods 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 = 39.41%
Maximum Annual ROE = 35.07%
Minimum Annual Increase = -58.22%
Minimum Annual ROE = 7.44%
| Year | ROE | Change |
|---|---|---|
| 2024 | 8.77% | 9.08% |
| 2023 | 8.04% | 8.15% |
| 2022 | 7.44% | -39.53% |
| 2021 | 12.30% | -7.82% |
| 2020 | 13.34% | -8.94% |
| 2019 | 14.65% | -58.22% |
| 2018 | 35.07% | 2.79% |
| 2017 | 34.12% | 39.41% |
| 2016 | 24.48% | 8.67% |
| 2015 | 22.52% | 1.47% |
The current ROE of Qingdao Richen Foods Co., Ltd. (603755.SS) 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
8.08%
5-year avg
9.98%
10-year avg
18.07%
Qingdao Richen Foods Co., Ltd.’s ROE is less than Zhengzhou Qianweiyangchu Food Co., Ltd. (3.03%), less than Fortune Ng Fung Food (Hebei) Co.,Ltd (2.62%), less than Suzhou Weizhixiang Food Co., Ltd. (5.94%), less than Petpal Pet Nutrition Technology Co., Ltd. (7.17%), greater than Shenzhen Kingsino Technology Co.,Ltd. (-6.21%), greater than Zhanjiang Guolian Aquatic Products Co., Ltd. (-97.56%), less than Daodaoquan Grain and Oil Co.,Ltd. (12.77%), less than Wenzhou Yuanfei pet toy products Co., Ltd. (12.77%), less than Zhongjing Food Co., Ltd. (10.35%), greater than Xiwang Foodstuffs Co.,Ltd. (-17.33%),
| Company | ROE | Market cap |
|---|---|---|
| 3.03% | $4.00B | |
| 2.62% | $4.67B | |
| 5.94% | $3.61B | |
| 7.17% | $4.56B | |
| -6.21% | $4.66B | |
| -97.56% | $4.31B | |
| 12.77% | $3.74B | |
| 12.77% | $3.93B | |
| 10.35% | $4.20B | |
| -17.33% | $3.91B |
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