Rongyu Group Co., Ltd.

Shenzhen Stock Exchange 002622.SZ

Rongyu Group Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2023: -6.14%

Rongyu Group Co., Ltd. Return on Assets (ROA) is -6.14% for the year ending December 31, 2023, a 64.14% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Rongyu Group Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2022 was -17.13%, a -315.94% change year over year.
Rongyu Group Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2021 was -4.12%, a 81.41% change year over year.
Rongyu Group Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2020 was -22.16%, a -5,361.04% change year over year.
Rongyu Group Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2019 was 0.42%, a -78.60% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

Shenzhen Stock Exchange: 002622.SZ

Rongyu Group Co., Ltd.

CEO	Ms. Lu Lu
IPO Date	Oct. 18, 2011
Location	China
Headquarters	T1-2703A Poly International Plaza
Employees	1,818
Sector	Finance
Industries Banking & Lending Automobiles & Vehicles Consumer Packaged Goods Fintech Hardware & Electronics Investment Banking & Asset Management Specialty Retail Utilities

Description

Rongyu Group Co., Ltd. engages in electrical equipment, credit investigation big data, and banking businesses in China. The company offers electrical equipment products, such as electronic control complete sets, permanent magnet low and high voltage switch products, and electronic energy meters, as well as automatic control system integration services; and credit investigation services. It also provides banking services comprising corporate finance, personal finance, and small and micro finance, as well as financial markets and international banking services; and equipment leasing, real estate leasing, and land use right leasing services. The company was formerly known as Jilin Yongda Group Co., Ltd. and changed its name to Rongyu Group Co., Ltd. in November 2016. Rongyu Group Co., Ltd. was founded in 1986 and is based in Beijing, China.

Key trends

Past 5 years