China TechFaith Wireless Communication Technology Ret. on equity
What is the Ret. on equity of China TechFaith Wireless Communication Technology?
The Ret. on equity of China TechFaith Wireless Communication Technology Limited is -23.18%
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 Technology sector on NASDAQ compared to China TechFaith Wireless Communication Technology
What does China TechFaith Wireless Communication Technology do?
China TechFaith Wireless Communication Technology Limited engages in the original design and development of specialized mobile handsets for consumers and enterprises in the People's Republic of China and internationally. It operates through Mobile Phone Business and Real Estate segments. The company offers handset design services through outsourcing of EMS providers who engage in assembly and manufacturing operations; and offer testing services of the assembled printed circuit boards, systems, and subsystems for Chinese mobile handset brand owners and international mobile handset brand owners. It also provides feature phones, smart phones, ruggedized phones, wireless modules, smart pads, and wireless software and applications, as well as other electronic components, such as industrial wireless devices. In addition, the company sells mobile handset products under the Tecface, 17FOX, and MOBIFOX brands. Further, it owns, develops, operates, and manages commercial real estate properties. The company was founded in 2002 and is headquartered in Beijing, the People's Republic of China.
Companies with ret. on equity similar to China TechFaith Wireless Communication Technology
- Platinum Metals has Ret. on equity of -23.21%
- Nuformix Plc has Ret. on equity of -23.20%
- Jain Irrigation Systems has Ret. on equity of -23.20%
- Jain Irrigation Systems has Ret. on equity of -23.20%
- Legend Biotech Corp has Ret. on equity of -23.20%
- Nearmap Ltd has Ret. on equity of -23.19%
- China TechFaith Wireless Communication Technology has Ret. on equity of -23.18%
- Tian An Australia has Ret. on equity of -23.18%
- BlackRock Core Bond Trust has Ret. on equity of -23.17%
- Venus Medtech (Hangzhou) has Ret. on equity of -23.17%
- Royal Catering has Ret. on equity of -23.16%
- Taronis Fuels has Ret. on equity of -23.15%
- Roosevelt Capital has Ret. on equity of -23.15%