ABTS
Price:
$6.295
Market Cap:
$14.92M
Abits Group Inc., a digital company, engages in the provision of bitcoin mining and related services in the United States. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc. in November 2023. Abits Group Inc. was incorporated in 2021 and is based in Tsim Sha Tsui, Hong Kong.
Industry
Financial - Capital Markets
IPO Date
2014-04-10
Stock Exchange
NASDAQ
Ticker
ABTS
According to Abits Group Inc.’s latest financial reports and current stock price. The company's current ROE is -8.45%. This represents a change of 286.25% compared to the average of -2.19% of the last 4 quarters.
The mean historical ROE of Abits Group Inc. over the last ten years is 13.64%. The current -8.45% ROE has changed -100.06% with respect to the historical average. Over the past ten years (40 quarters), ABTS's ROE was at its highest in in the September 2016 quarter at 43.61%. The ROE was at its lowest in in the December 2020 quarter at -424.15%.
Average
13.64%
Median
4.58%
Minimum
-111.43%
Maximum
135.94%
Discovering the peaks and valleys of Abits Group Inc. 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 = 144.06%
Maximum Annual ROE = 135.94%
Minimum Annual Increase = -185642.53%
Minimum Annual ROE = -111.43%
| Year | ROE | Change |
|---|---|---|
| 2024 | -8.98% | -91.95% |
| 2023 | -111.43% | 17.67% |
| 2022 | -94.69% | 126.97% |
| 2021 | -41.72% | -329.95% |
| 2020 | 18.14% | -91.02% |
| 2019 | 202.07% | 144.06% |
| 2018 | 82.80% | -82.11% |
| 2017 | 462.79% | -99.66% |
| 2016 | 135.94% | -185642.53% |
| 2015 | -73.26% | -170.14% |
The current ROE of Abits Group Inc. (ABTS) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-71.70%
5-year avg
-47.73%
10-year avg
13.64%
Abits Group Inc.’s ROE is greater than CNFinance Holdings Limited (-1.25%), greater than Garden Stage Limited Ordinary Shares (-54.01%), greater than LM Funding America, Inc. (-18.72%), greater than Magic Empire Global Limited (-3.58%), greater than Carver Bancorp, Inc. (-44.42%), less than Cohen & Company Inc. (10.01%), greater than Netcapital Inc. (-106.57%), greater than Aurelion Inc. (-149.12%), less than Berto Acquisition Corp. (5.39%), less than Mawson Infrastructure Group, Inc. (223.41%),
| Company | ROE | Market cap |
|---|---|---|
| -1.25% | $17.68M | |
| -54.01% | $31.92M | |
| -18.72% | $11.30M | |
| -3.58% | $10.25M | |
| -44.42% | $8.25M | |
| 10.01% | $34.43M | |
| -106.57% | $4.47M | |
| -149.12% | $15.79M | |
| 5.39% | $381.02M | |
| 223.41% | $4.67M |
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