RENN
Price:
$1.65
Market Cap:
$5.49M
Renren Inc. primarily operates as a software-as-a-service (SaaS) provider in the People's Republic of China. A significant part of its business involves the development of Chime, a SaaS platform specifically designed for real estate professionals, offering tools for customer relationship management (CRM), intelligent data exchange via web pages, and streamlined team management. Beyond its Chinese operations, Renren also furnishes online and mobile services for the trucking sector in the United States. Founded in 2002, the company was initially known as Oak Pacific Interactive before rebranding to Renren Inc. in December 2010. Its corporate headquarters are situated in Beijing, China.
Industry
Software - Application
IPO Date
2011-05-04
Stock Exchange
NYSE
Ticker
RENN
According to Renren Inc.’s latest financial reports and current stock price. The company's current ROE is -4.48%. This represents a change of 294.88% compared to the average of -1.14% of the last 4 quarters.
The mean historical ROE of Renren Inc. over the last ten years is -46.02%. The current -4.48% ROE has changed -90.26% with respect to the historical average. Over the past ten years (40 quarters), RENN's ROE was at its highest in in the June 2019 quarter at 45.24%. The ROE was at its lowest in in the December 2018 quarter at -56.23%.
Average
-46.02%
Median
-26.19%
Minimum
-114.98%
Maximum
-3.61%
Discovering the peaks and valleys of Renren 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 = 602.63%
Maximum Annual ROE = -3.61%
Minimum Annual Increase = -84.98%
Minimum Annual ROE = -114.98%
| Year | ROE | Change |
|---|---|---|
| 2024 | -3.61% | -74.83% |
| 2023 | -14.33% | -84.98% |
| 2022 | -95.42% | 25.60% |
| 2021 | -75.97% | 315.65% |
| 2020 | -18.28% | -62.76% |
| 2019 | -49.08% | -57.32% |
| 2018 | -114.98% | 602.63% |
| 2017 | -16.36% | -37.52% |
The current ROE of Renren Inc. (RENN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-37.78%
5-year avg
-41.52%
10-year avg
-46.02%
Renren Inc.’s ROE is less than TSR, Inc. (11.36%), less than NextNRG Inc. (506.75%), less than Ebix, Inc. (10.16%), greater than ACCESS Newswire Inc. (-5.61%), greater than EMCORE Corporation (-47.89%), greater than BSQUARE Corporation (-8.13%), greater than BIT Mining Limited (-85.02%), less than MariaDB plc (42.56%), greater than Otonomo Technologies Ltd. (-68.62%), less than Fathom Digital Manufacturing Corporation (28.02%),
| Company | ROE | Market cap |
|---|---|---|
| 11.36% | $29.03M | |
| 506.75% | $60.55M | |
| 10.16% | $35.85M | |
| -5.61% | $22.52M | |
| -47.89% | $28.11M | |
| -8.13% | $37.56M | |
| -85.02% | $1.30B | |
| 42.56% | $37.95M | |
| -68.62% | $52.37M | |
| 28.02% | $34.68M |
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