605378.SS
Price:
$22.16
Market Cap:
$5.79B
Zhejiang Mustang Battery Co., Ltd. engages in the research and development, production, and sale of dry batteries in China. The company offers zinc and alkaline manganese, carbon, nickel hydrogen, and lithium batteries under the Mustang, MUSTANG, and RAYMAX brands. It also sells its products in the European Union, North America, and the Southeast Asia. The company was founded in 1996 and is based in Ningbo, China.
Industry
Electrical Equipment & Parts
IPO Date
2021-04-12
Stock Exchange
SHH
Ticker
605378.SS
According to Zhejiang MustangBattery Co.,Ltd’s latest financial reports and current stock price. The company's current ROE is 7.15%. This represents a change of 300.00% compared to the average of 1.79% of the last 4 quarters.
The mean historical ROE of Zhejiang MustangBattery Co.,Ltd over the last ten years is 17.57%. The current 7.15% ROE has changed -59.28% with respect to the historical average. Over the past ten years (40 quarters), 605378.SS's ROE was at its highest in in the December 2020 quarter at 4.92%. The ROE was at its lowest in in the September 2020 quarter at 0%.
Average
17.57%
Median
15.58%
Minimum
6.67%
Maximum
39.23%
Discovering the peaks and valleys of Zhejiang MustangBattery 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 = 49.49%
Maximum Annual ROE = 39.23%
Minimum Annual Increase = -67.10%
Minimum Annual ROE = 6.67%
| Year | ROE | Change |
|---|---|---|
| 2024 | 11.87% | 38.47% |
| 2023 | 8.57% | 3.37% |
| 2022 | 8.29% | 24.36% |
| 2021 | 6.67% | -67.10% |
| 2020 | 20.27% | -16.88% |
| 2019 | 24.38% | 4.69% |
| 2018 | 23.29% | 49.49% |
| 2017 | 15.58% | -60.29% |
The current ROE of Zhejiang MustangBattery Co.,Ltd (605378.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
9.58%
5-year avg
11.13%
10-year avg
17.57%
Zhejiang MustangBattery Co.,Ltd’s ROE is less than Hiconics Eco-energy Technology Co., Ltd. (4.17%), less than Shanghai QiFan Cable Co., Ltd (3.13%), less than CWB Automotive Electronics Co., Ltd. (11.10%), less than Zhejiang Yonggui Electric Equipment Co., Ltd. (3.87%), less than Shenzhen Hui Chuang Da Technology Co., Ltd. (4.14%), less than Zhiyang Innovation Technology Co., Ltd. (6.94%), less than Sinomag Technology Co., Ltd. (12.87%), less than Hsino Tower Group Co., Ltd. (7.42%), less than Hangzhou Kelin Electric Co., Ltd. (4.65%), less than Daheng New Epoch Technology Inc. (2.33%),
| Company | ROE | Market cap |
|---|---|---|
| 4.17% | $6.58B | |
| 3.13% | $7.20B | |
| 11.10% | $7.63B | |
| 3.87% | $6.56B | |
| 4.14% | $7.24B | |
| 6.94% | $7.39B | |
| 12.87% | $7.35B | |
| 7.42% | $7.24B | |
| 4.65% | $7.63B | |
| 2.33% | $6.42B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Zhejiang MustangBattery Co.,Ltd using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Zhejiang MustangBattery Co.,Ltd or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Zhejiang MustangBattery Co.,Ltd's ROE?
How is the ROE calculated for Zhejiang MustangBattery Co.,Ltd (605378.SS)?
What is the highest ROE for Zhejiang MustangBattery Co.,Ltd (605378.SS)?
What is the 3-year average ROE for Zhejiang MustangBattery Co.,Ltd (605378.SS)?
What is the 5-year average ROE for Zhejiang MustangBattery Co.,Ltd (605378.SS)?
How does the current ROE for Zhejiang MustangBattery Co.,Ltd (605378.SS) compare to its historical average?