Newborn Acquisition Ret. on equity
What is the Ret. on equity of Newborn Acquisition?
The Ret. on equity of Newborn Acquisition Corp. is -20.91%
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 Finance sector on NASDAQ compared to Newborn Acquisition
What does Newborn Acquisition do?
Newborn Acquisition Corp. does not have significant operations. It intends to acquire, through a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination, one or more businesses or entities operating in Asia (excluding China) and the United States. The company was founded in 2019 and is based in Shanghai, China.
Companies with ret. on equity similar to Newborn Acquisition
- Rafaella Resources has Ret. on equity of -20.93%
- Myriad Genetics has Ret. on equity of -20.92%
- Location Sciences PLC has Ret. on equity of -20.92%
- Carbios Sa Eo ,70 has Ret. on equity of -20.91%
- Carbios SA has Ret. on equity of -20.91%
- Veeko International has Ret. on equity of -20.91%
- Newborn Acquisition has Ret. on equity of -20.91%
- Unity Investments has Ret. on equity of -20.91%
- Altus Midstream has Ret. on equity of -20.90%
- Eclipse Metals has Ret. on equity of -20.90%
- Vallourec SA has Ret. on equity of -20.90%
- Kinetix Systems has Ret. on equity of -20.89%
- Dolly Varden Silver has Ret. on equity of -20.89%