MicroAlgo Inc.

MicroAlgo Inc.verified

MLGO

Price:

$1.69

Market Cap:

$12.87M

MicroAlgo Inc. develops and delivers central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People's Republic of China and internationally. The company operates through two segments, Central Processing Algorithm Services, and Intelligent Chips and Services. It offers services that includes algorithm optimization, accelerating computing power without the need for hardware upgrades, data processing, and data intelligence services. The company also engages in the resale of intelligent chips and accessories; and provision of software development. MicroAlgo Inc. is based in Shenzhen, the People's Republic of China. MicroAlgo I...[Read more]

Industry

Software - Infrastructure

IPO Date

2021-04-13

Stock Exchange

NASDAQ

Ticker

MLGO

The ROE as of July 2024 (TTM) for MicroAlgo Inc. (MLGO) is -8.44%

According to MicroAlgo Inc.’s latest financial reports and current stock price. The company's current ROE is -8.44%. This represents a change of 88.28% compared to the average of -4.48% of the last 4 quarters.

MicroAlgo Inc. (MLGO) Historical ROE (quarterly & annually)

How has MLGO ROE performed in the past?

The mean historical ROE of MicroAlgo Inc. over the last ten years is -14.26%. The current -8.44% ROE has changed -40.85% with respect to the historical average. Over the past ten years (40 quarters), MLGO's ROE was at its highest in in the December 2020 quarter at 67.67%. The ROE was at its lowest in in the March 2022 quarter at -35.47%.

Quarterly (TTM)
Annual

Average

-14.26%

Median

-5.18%

Minimum

-83.45%

Maximum

28.81%

MicroAlgo Inc. (MLGO) ROE by Quarter and Year

Discovering the peaks and valleys of MicroAlgo 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 = 705.02%

Maximum Annual ROE = 28.81%

Minimum Annual Increase = -Infinity%

Minimum Annual ROE = -83.45%

Quarterly (TTM)
Annual
YearROEChange
2023-83.45%705.02%
2022-10.37%-170.67%
202114.67%-49.09%
202028.81%-181.80%
2019-35.22%-Infinity%

MicroAlgo Inc. (MLGO) Average ROE

How has MLGO ROE performed in the past?

The current ROE of MicroAlgo Inc. (MLGO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-26.38%

5-year avg

-17.11%

10-year avg

-14.26%

MicroAlgo Inc. (MLGO) ROE vs. Peers

How is MLGO’s ROE compared to its peers?

MicroAlgo Inc.’s ROE is less than NetScout Systems, Inc. (0%), greater than Consensus Cloud Solutions, Inc. (-32.30%), greater than CSG Systems International, Inc. (-47.38%), less than EngageSmart, Inc. (21.84%), less than ForgeRock, Inc. (3.03%), greater than EVERTEC, Inc. (-26.73%), less than OneSpan Inc. (12.11%), greater than Repay Holdings Corporation (-4.60%), greater than MariaDB plc (-10.55%), less than EverCommerce Inc. (84.90%), greater than Sterling Check Corp. (-4.92%), greater than null (-1.20%),

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