Newater Technology Inc (NEWA) Return on Equity ROE from the fourth quarter 2020 to fourth quarter 2019 and annually, average high and low, overall ranking from Dec 31 2020 to Dec 31 2019 - CSIMarket
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Newater Technology Inc   (NEWA)
    Sector • Services    Industry • Professional Services
   Industry • Professional Services
   Sector • Services

Newater Technology Inc 's ROE per quarter

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


What is ROE for Newater Technology Inc in the fourth quarter 2020?
Newater Technology Inc achieved a return on average equity (ROE) of 14.32 % in its fourth quarter 2020, which is below Newater Technology Inc 's average return on equity, which stands at 18.3%.

ROE has advanced compared to 11.69% in the third quarter 2020, due to net income growth.

Within the Professional Services industry 36 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the third quarter 2020 from 0 to 846.

What is ROE?




Return On Equity (Dec 31 2020)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2019)
IV. Quarter
Y / Y Equity Change 25.42 % 25.42 % 25.42 % 25.42 % -
Y / Y Net Income Change 29.02 % - - - -40.21 %
Net Income (TTM) in Millions 6 4 4 4 4
Return On Equity (TTM) 14.32 % 11.69 % 12.35 % 13.09 % 13.92 %
NEWA's Total Ranking # 846 # 0 # 0 # 0 # 1082
Equity (TTM) in Millions 39 39 39 39 31
Seq. Equity Change 0 % 0 % 0 % 25.42 % 0 %
Seq. Net Income Change - - - - -

Return On Equity Company Ranking
Within: No.
Industry # 37
Sector # 107
Overall # 846

Return On Equity Statistics
High Average Low
26.67 %
18.3 %
13.92 %
(Dec 31 2018)   (Dec 31 2019)





NEWA Annual Return On Equity (Dec 31 2020)
2020
(Dec 31 2019)
2019
(Dec 31 2018)
2018
(Dec 31 2017)
2017

Total Equity in Millions 39 31 27 21 0
Y / Y Equity Change 25.42 % 14.54 % 28.83 % - -
Net Income in Millions 6 4 7 3 0
Y / Y Net Income Change 29.02 % -40.21 % 178.33 % - -
Return On Equity 14.32 % 13.92 % 26.67 % 12.34 % -





Annual Roe Comment
In 2020 ROE improved to 14.32 % compared to the previous year, due to net income growth.


More Return On Equity Ratios
Professional Services Industry Roe Trends and Statistics
Services Sector Return On Equity Statistics
NEWA's' Return on Equity at Yahoo Finance
NEWA's Roe Ratio versus Professional Services Industry, Services Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Subscribers only: Roe for NEWA's Competitors
Subscribers only: Roe for Newater Technology Inc 's Suppliers
Subscribers only: Return On Equity for NEWA's Customers




Companies with similar Return On Equity at Dec 31 2020, within Services Sector ROE
Paychex Inc   38.17 %
Amc Global Media Inc   37.68 %
World Wrestling Entertainment Inc   37.28 %
Telef nica Brasil S a   35.62 %
Nexstar Media Group Inc   35.48 %
Kforce Inc  34.17 %
Omnicom Group Inc   32.71 %
Exp World Holdings inc   31.93 %
Accenture Plc  31.21 %
Visa Inc   30.09 %
Service Corporation International  29.49 %
Accel Entertainment Inc   29.42 %
Rollins Inc   29.30 %
Ttec Holdings Inc   28.85 %
Netflix Inc   28.22 %
Pae Incorporated  28.13 %
Qiwi Plc  28.13 %
The E w Scripps Company  28.09 %
Capital Properties Inc   27.98 %
Spar Group Inc   27.80 %
Waitr Holdings Inc   27.77 %
Otelco Inc   27.26 %
Tegna Inc   26.85 %
Parks America Inc   26.73 %
Robert Half Inc   26.14 %
China Customer Relations Centers Inc   26.10 %
Nic Inc  25.41 %
Cable One Inc   24.28 %
Exponent Inc   24.27 %
Shenandoah Telecommunications Company  23.88 %


Date modified: 2026-09-02T16:58:54+00:00



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