SEATECH VENTURES CORP. (SEAV) Return on equity 2020–2023
SEATECH VENTURES CORP. (SEAV) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-404.4%FY2023 · since FY2020: -310.4% → -404.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | -404.4% | -348.7 pp |
| FY2022 | -55.7% | -18.1 pp |
| FY2021 | -37.6% | +272.8 pp |
| FY2020 | -310.4% | — |
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