688697.SS
Price:
$15.38
Market Cap:
$7.03B
Neway CNC Equipment (Suzhou) Co., Ltd. manufactures industrial machinery worldwide. The company produces numerically-controlled machine tools, numerical control systems, actuating devices, and other products. It also provides after sales and other services. The company was founded in 1997 and is based in Suzhou, China.
Industry
Industrial - Machinery
IPO Date
2021-09-17
Stock Exchange
SHH
Ticker
688697.SS
According to Neway CNC Equipment (Suzhou) Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is 17.47%. This represents a change of 299.45% compared to the average of 4.37% of the last 4 quarters.
The mean historical ROE of Neway CNC Equipment (Suzhou) Co., Ltd. over the last ten years is 16.86%. The current 17.47% ROE has changed 3.67% with respect to the historical average. Over the past ten years (40 quarters), 688697.SS's ROE was at its highest in in the June 2020 quarter at 9.92%. The ROE was at its lowest in in the September 2020 quarter at 0%.
Average
16.86%
Median
18.59%
Minimum
7.63%
Maximum
20.85%
Discovering the peaks and valleys of Neway CNC Equipment (Suzhou) 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 = 160.47%
Maximum Annual ROE = 20.85%
Minimum Annual Increase = -34.88%
Minimum Annual ROE = 7.63%
| Year | ROE | Change |
|---|---|---|
| 2024 | 18.72% | -5.28% |
| 2023 | 19.76% | 7.07% |
| 2022 | 18.46% | 35.91% |
| 2021 | 13.58% | -34.88% |
| 2020 | 20.85% | 30.62% |
| 2019 | 15.97% | -19.68% |
| 2018 | 19.88% | 160.47% |
The current ROE of Neway CNC Equipment (Suzhou) Co., Ltd. (688697.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
18.98%
5-year avg
18.27%
10-year avg
16.86%
Neway CNC Equipment (Suzhou) Co., Ltd.’s ROE is less than Jiangsu Shentong Valve Co., Ltd. (8.38%), less than Sinoseal Holding Co., Ltd. (14.52%), less than Hangzhou Advance Gearbox Group Co., Ltd. (9.53%), less than Guangzhou KDT Machinery Co.,Ltd. (13.71%), less than J.S. Corrugating Machinery Co., Ltd. (6.73%), less than Longhua Technology Group Co.,Ltd. (4.48%), less than Sanchuan Wisdom Technology Co., Ltd. (5.36%), less than Shandong Weida Machinery Co., Ltd. (8.91%), greater than Hunan Yujing Machinery Co.,Ltd (-44.41%), less than Allied Machinery Co., Ltd. (9.17%),
| Company | ROE | Market cap |
|---|---|---|
| 8.38% | $7.48B | |
| 14.52% | $7.41B | |
| 9.53% | $6.94B | |
| 13.71% | $7.05B | |
| 6.73% | $7.79B | |
| 4.48% | $7.17B | |
| 5.36% | $6.84B | |
| 8.91% | $7.26B | |
| -44.41% | $6.70B | |
| 9.17% | $9.11B |
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What is the 5-year average ROE for Neway CNC Equipment (Suzhou) Co., Ltd. (688697.SS)?
How does the current ROE for Neway CNC Equipment (Suzhou) Co., Ltd. (688697.SS) compare to its historical average?