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What drives JRSIS HEALTH CARE CORPORATION’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity83%Tax burden95%net income ÷ pretax incomeInterest burden45%pretax ÷ operating incomeOperating margin−5%operating income ÷ revenueAsset turnover1.65×revenue ÷ average assetsEquity multiplier-21.37×average assets ÷ average equityAs of 2023-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$80912FY2023
Income before tax−$85613FY2023
Operating income−$188598FY2023
$3.5MFY2023
Ending assets$2.1MFY2023
Beginning assets$2MFY2022
−$137406FY2023
−$58453FY2022
Source:
  • SEC filingFiling detailsAccession 0001213900-23-072794
  • SEC filingFiling detailsAccession 0001213900-24-036467
· event Dec 31, 2023 · retrieved Jul 26, 2026 · annual-row source set
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