As of June 29, 2025, Newater Technology Inc (NEWA) reports a ROE (Return on Equity) of 14.31%.
ROE (Return on Equity) measures how well a company generates profits from shareholders' investments, indicating equity efficiency.
Historical Trend of Newater Technology Inc's ROE (Return on Equity)
Over recent years, Newater Technology Inc's ROE (Return on Equity) has shown significant volatility. The table below summarizes the historical values:
| Date | ROE (Return on Equity) |
|---|---|
| 2020-12-31 | 14.31% |
| 2019-12-31 | 13.91% |
| 2018-12-31 | 26.66% |
| 2017-12-31 | 12.34% |
| 2016-12-31 | 22.60% |
This slight downward trend highlights how Newater Technology Inc manages its efficiency in generating profits from shareholders' equity over time.
Comparing Newater Technology Inc's ROE (Return on Equity) to Peers
To better understand Newater Technology 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) |
|---|---|
| Newater Technology Inc (NEWA) | 14.31% |
| Brewbilt Manufacturing Inc (BBRW) | 216.89% |
| Osiris Corp (OSRS) | 119.69% |
| Sparta Capital Ltd (SAY.V) | 64.16% |
| Wolf Energy Services Inc (EVTN) | 57.57% |
| ThermoEnergy Corp (TMEN) | 32.98% |
Compared to its competitors, Newater Technology Inc's ROE (Return on Equity) is about average compared to peers, reflecting standard industry returns on equity investment.