NORTHANN CORP. (NCL) Return on equity 2022–2024
NORTHANN CORP. (NCL) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-168.5%FY2024 · since FY2022: 47.1% → -168.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -168.5% | +1055.7 pp |
| FY2023 | -1224.2% | -1271.3 pp |
| FY2022 | 47.1% | — |
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