NEW CENTURY LOGISTICS (BVI) LIMITED (NCEW) Return on equity 2022–2025
NEW CENTURY LOGISTICS (BVI) LIMITED (NCEW) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-201.8%FY2025 · since FY2022: 60.6% → -201.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -201.8% | -205.3 pp |
| FY2024 | 3.6% | -4.0 pp |
| FY2023 | 7.6% | -53.0 pp |
| FY2022 | 60.6% | — |
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