Should You Be Impressed By Creative Global Technology Holdings Limited's (NASDAQ:CGTL) ROE?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 25 2025
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Source: Yahoo Finance
Understanding Return on Equity (ROE): ROE is a key metric for assessing a company's profitability relative to its equity capital, with Creative Global Technology Holdings showing a strong ROE of 32%, significantly above the industry average of 11%, indicating efficient management and high-quality business performance without debt.
Importance of Comprehensive Analysis: While ROE is a valuable indicator of financial health, investors should consider additional factors such as future profit growth and investment needs before making stock purchase decisions.
Analyst Views on CGTL
About CGTL
Creative Global Technology Holdings Ltd is a holding company mainly engaged in sale of recycled and refurbished electronics. The Company is mainly engaged in the wholesale of recycled and refurbished electronics. The Company is also engaged in online retail business. In addition, the Company is engaged in the provision of rental services. The Company accepts a wide range of electronic devices for recycling, computers and laptops, mobile phones and tablets and electronic accessories.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
