Shengda Network Technology Inc (SOLQ) Return on Assets ROA from the first quarter of 2023 to first quarter of 2022 and for the year 2023, Average High and Low, Fundamental Ratios from Sep 30 2022 to Sep 30 2021 - CSIMarket
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Shengda Network Technology Inc   (SOLQ)


Shengda Network Technology Inc 's ROA from the first quarter of 2023 to the first quarter of 2022 and 5 Year Period

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


What is Shengda Network Technology Inc 's ROA in the first quarter of 2023?
Shengda Network Technology Inc achieved a return on average assets (ROA) of 39.24 % in its first quarter of 2023, this is above SOLQ's average return on assets of 2.97%.
Shengda Network Technology Inc assets over the 12 months ending in its first quarter of 2023 are valued at $12 million

Despite the company's net income deteriorating, Shengda Network Technology Inc was able to improve its ROA compared to the fourth quarter of 2022.

However, within the Technology sector 14 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2022 quarter, so far to 122, from total ROA ranking in the fourth quarter of 2022 at 3043.

What is ROA?



Return On Assets (Sep 30 2022)
I. Quarter
(Jun 30 2022)
IV. Quarter
(Mar 31 2022)
III. Quarter
(Dec 31 2021)
II. Quarter
(Sep 30 2021)
I. Quarter
Y / Y Total Assets Change 35.49 % -0.55 % 20.06 % -61.6 % -29.34 %
Y / Y Net Income Change - - 6031.24 % -39.52 % -
Net Income (TTM) in million 5 4 0 -3 -3
Return On Assets (TTM) 39.24 % 38.12 % 0.44 % -24.59 % -18.38 %
SOLQ's Total Ranking # 122 # 3043 # 4820 # 3945 # 3707
Total Assets (TTM) in million 12 16 12 9 9
Seq. Total Assets Change -19.79 % 34.84 % 27.43 % -1.7 % -41.12 %
Seq. Net Income Change -73.32 % -43.35 % 22812.7 % - -



Return On Assets Company Ranking
Within: No.
Industry # 6
Sector # 15
Overall # 115

Return On Assets Statistics
High Average Low
41.29 %
2.97 %
-26.56 %
(Sep 30 2022)   (Dec 31 2021)





Financial Statements
Shengda Network Technology Inc 's Assets $ 12 million SOLQ's Balance sheet
Shengda Network Technology Inc 's Income $ 0 million Quarterly SOLQ's Income Statement
SOLQ's Income by Division See SOLQ's Income by Division



Annual Return On Assets (Jun 30 2022)
FY 2022
(Jun 30 2021)
FY 2021
(Jun 30 2020)
FY 2020
(Jun 30 2019)
FY 2019

FY
Y / Y Total Assets Change 39.54 % 116 % 19602.56 % - -
Total Assets in million 13 9 4 0 0
Y / Y Net Income Change - - - - -
Net Income in million 4 -3 0 0 0
Annual Return On Assets 33.56 % -29.41 % -1.33 % -117.97 % -




Comment on SOLQ's ROA in the fiscal year ending 2022
In the fiscal year 2022 ROA improved to 33.56 % compared to prior year, due to annual net income growth of % to $4.32 million, while value of Shengda Network Technology Inc 's overall assets grew just by 39.54 % to $12.89 million, compared to $12.89 a year before.


More Return On Assets Ratios
SOLQ's' Return on Assets at Yahoo Finance
Cloud Computing & Data Analytics Industry Return On Assets Trends and Statistics
Technology Sector Roa Statistics
Roa Trends for overall market
SOLQ's Roa Ratio versus Cloud Computing & Data Analytics Industry, Technology Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for SOLQ's Competitors
Subscribers only: Roa for Shengda Network Technology Inc 's Suppliers
Subscribers only: Return On Assets for SOLQ's Customers

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



Companies with similar Return On Assets at Sep 30 2022, within Technology Sector ROA
American Virtual Cloud Technologies Inc   84.21 %
SUNHYDROGEN, INC.  76.76 %
Nixxy Inc   69.72 %
Light and Wonder Inc   52.62 %
Arqit Quantum inc   52.53 %
Verisign Inc  44.18 %
Shengda Network Technology Inc   41.29 %
Symbolic Logic Inc   40.51 %
Ubiquiti Inc   39.58 %
Alpha And Omega Semiconductor Limited  38.65 %
Koss Corporation  35.81 %
Texas Instruments Incorporated  35.44 %
Macom Technology Solutions Holdings Inc   32.28 %
Apple Inc   28.71 %
Qualcomm Inc  28.50 %
Clearfield Inc   28.49 %
Kla Corporation  27.32 %
Kulicke And Soffa Industries Inc   27.19 %
Adtheorent Holding Company Inc   27.00 %
Nve Corp  26.13 %
Applied Materials Inc  25.05 %
Corecard Corporation  24.29 %
Navitas Semiconductor Corporation  22.87 %
Monolithic Power Systems Inc  22.30 %
Evertec Inc   21.87 %
Teradyne Inc   21.57 %
Manhattan Associates Inc   21.47 %
Lattice Semiconductor Corp  21.13 %
Power Integrations Inc   21.08 %
Microcloud Hologram Inc   20.77 %


Date modified: 2026-08-29T17:46:00+00:00


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