Growth For Good Acquisition (GFGD) Return on Assets ROA from the second quarter of 2023 to second quarter of 2022 and for the year 2023, Average High and Low, Fundamental Ratios from Jun 30 2023 to Jun 30 2022 - CSIMarket
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Growth For Good Acquisition Corp  (NASDAQ: GFGD)


Growth For Good Acquisition's ROA from the second quarter of 2023 to the second quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Growth For Good Acquisition's ROA in the second quarter of 2023?
Growth For Good Acquisition Corp achieved a return on average assets (ROA) of 1.87 % in its second quarter of 2023 a new company high.

ROA has improved compared to 1% in the first quarter of 2023, due to net income growth.

However, within the Consumer Discretionary sector 89 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jun 30 2023 quarter, so far to 2033, from total ROA ranking in the first quarter of 2023 at 2535.

What is ROA?



Return On Assets (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Total Assets Change 3.77 % 1.75 % 10685.85 % - -
Y / Y Net Income Change - - - - -
Net Income (TTM) in million 5 3 2 0 -1
Return On Assets (TTM) 1.87 % 1 % 0.91 % -0.09 % -0.45 %
GFGD's Total Ranking # 2033 # 2535 # 2973 # #
Total Assets (TTM) in million 264 259 258 255 255
Seq. Total Assets Change 1.88 % 0.52 % 1.04 % 0.28 % -0.11 %
Seq. Net Income Change - - 518.17 % - -



Return On Assets Company Ranking
Within: No.
Industry # 24
Sector # 90
Overall # 2002

Return On Assets Statistics
High Average Low
1.87 %
1.26 %
0.91 %
(Jun 30 2023)   (Dec 31 2022)





Financial Statements
Growth For Good Acquisition's Assets $ 264 million GFGD's Balance sheet
Growth For Good Acquisition's Income $ 2 million Quarterly GFGD's Income Statement
GFGD's Income by Division See GFGD's Income by Division



Annual Return On Assets (Dec 31 2022)
FY 2022

FY

FY

FY

FY
Y / Y Total Assets Change - - - - -
Total Assets in million 258 0 0 0 0
Y / Y Net Income Change - - - - -
Net Income in million 2 0 0 0 0
Annual Return On Assets 0.9 % - - - -




Comment on GFGD's ROA in the fiscal year ending 2022
In the fiscal year 2022 ROA deteriorated to 0.9 %, despite annual net income growth of % to $2.32 million, from $0.00 million a year ago, as GFGD's assets increase to $258.04 million, by %.


More Return On Assets Ratios
GFGD's' Return on Assets at Yahoo Finance
Auto & Truck Parts Industry Return On Assets Trends and Statistics
Consumer Discretionary Sector Roa Statistics
Roa Trends for overall market
GFGD's Roa Ratio versus Auto & Truck Parts Industry, Consumer Discretionary Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for GFGD's Competitors
Subscribers only: Roa for Growth For Good Acquisition's Suppliers
Subscribers only: Return On Assets for GFGD's Customers

You may also want to know
GFGD's Roi GFGD's Inventory Turnover Ratio GFGD's Growth Rates GFGD's Dividend Comparisons
GFGD's Profitability Ratios GFGD's Asset Turnover Ratio GFGD's Dividend Growth
GFGD's Roe GFGD's Valuation Ratios GFGD's Financial Strength Ratios GFGD's Dividend Payout Ratio



Companies with similar Return On Assets at Jun 30 2023, within Consumer Discretionary Sector ROA
Albany International Corp   5.02 %
Autoliv Inc   5.00 %
Aptiv Plc  4.59 %
Leggett and Platt Inc  4.47 %
Lear Corp  4.26 %
Bassett Furniture Industries Incorporated  4.11 %
Dorman Products Inc   4.01 %
General Motors Company  3.79 %
Tile Shop Holdings Inc   3.77 %
Mattel Inc  3.72 %
Altenergy Acquisition Corp   3.53 %
Figs Inc   3.53 %
Tandy Leather Factory Inc  3.41 %
Solo Brands Inc   3.21 %
Standard Motor Products Inc   2.92 %
Escalade Incorporated  2.80 %
Holley Inc   2.69 %
Adient Plc  2.23 %
Growth For Good Acquisition Corp  1.87 %
Rev Group Inc   1.76 %
Ford Motor Co  1.60 %
Rocky Brands Inc   1.58 %
Pvh Corp   1.58 %
Hooker Furnishings Corporation  1.40 %
Jerash Holdings Us Inc  1.39 %
Callaway Golf Company  1.25 %
Sleep Number Corporation  1.24 %
Thunder Power Holdings Inc  1.21 %
Superior Industries International Inc   1.05 %
Gentherm Incorporated  0.96 %


Date modified: 2026-08-29T17:47:09+00:00


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