APHOENITY INTERNATIONAL HOLDINGS INC. (LDSN) Return on equity 2018–2020
APHOENITY INTERNATIONAL HOLDINGS INC. (LDSN) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
75.5%FY2020 · since FY2018: -5.2% → 75.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2020 | 75.5% | -5.3 pp |
| FY2019 | 80.7% | +85.9 pp |
| FY2018 | -5.2% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice