Advance Nanotek Ret. on equity
What is the Ret. on equity of Advance Nanotek?
The Ret. on equity of Advance Nanotek Limited is -2.57%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Materials sector on ASX compared to Advance Nanotek
What does Advance Nanotek do?
Advance ZincTek Limited, together with its subsidiaries, manufactures aluminum oxide powder, and zinc oxide dispersions and powder for use in the personal care sector in Australia, the United States, Canada, Europe, and internationally. It produces and distributes dispersion of mineral-only UV filters in cosmetic emollients that are used for sunscreen, skincare, and pharmaceutical formulations, as well as alumina plate-like powders used for cosmetic applications. The company operates through a network of distributors. The company was formerly known as Advance NanoTek Limited and changed its name to Advance ZincTek Limited in November 2021. Advance ZincTek Limited was incorporated in 1997 and is based in Rocklea, Australia.
Companies with ret. on equity similar to Advance Nanotek
- V1 has Ret. on equity of -2.58%
- China Primary has Ret. on equity of -2.58%
- Diversified Gas & Oil PLC has Ret. on equity of -2.57%
- AdVini S.A has Ret. on equity of -2.57%
- Summit Ascent has Ret. on equity of -2.57%
- Rambus has Ret. on equity of -2.57%
- Advance Nanotek has Ret. on equity of -2.57%
- Hong Kong Food Investment has Ret. on equity of -2.56%
- Ready Capital Corp has Ret. on equity of -2.56%
- Lion has Ret. on equity of -2.55%
- Siemens Ag Na O.N has Ret. on equity of -2.55%
- Siemens AG has Ret. on equity of -2.55%
- KKR & Co has Ret. on equity of -2.55%