As of May 29, 2025, Millennium Cell Inc (MCELQ) reports a ROE (Return on Equity) of -183.14%.
ROE (Return on Equity) measures how well a company generates profits from shareholders' investments, indicating equity efficiency.
Historical Trend of Millennium Cell Inc's ROE (Return on Equity)
Over recent years, Millennium Cell Inc's ROE (Return on Equity) has shown a stable trend. The table below summarizes the historical values:
| Date | ROE (Return on Equity) |
|---|---|
| 2007-12-31 | -183.14% |
| 2006-12-31 | -231.27% |
| 2005-12-31 | -133.89% |
| 2004-12-31 | -258.59% |
| 2003-12-31 | -232.29% |
This slight downward trend highlights how Millennium Cell Inc manages its efficiency in generating profits from shareholders' equity over time.
Comparing Millennium Cell Inc's ROE (Return on Equity) to Peers
To better understand Millennium Cell Inc's position, it's useful to compare its ROE (Return on Equity) against industry peers. Below are selected comparisons:
| Company | ROE (Return on Equity) |
|---|---|
| Millennium Cell Inc (MCELQ) | -183.14% |
| Sunshine Agri Tech Inc (SAI.H.V) | 600.00% |
| Omni Health Inc (OMHE) | 403.99% |
| China Network Media Inc (CNNM) | 152.93% |
| American Scientific Resources Inc (ASFX) | 122.89% |
| TechniScan Inc (TSNI) | 120.26% |
Compared to its competitors, Millennium Cell Inc's ROE (Return on Equity) is among the lowest compared to peers, which may indicate less effective deployment of shareholders' capital.