TUNGRAY TECHNOLOGIES INC (TRSG) Return on equity 2021–2025
TUNGRAY TECHNOLOGIES INC (TRSG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-0.9%FY2025 · since FY2021: 35.2% → -0.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -0.9% | +2.4 pp |
| FY2024 | -3.3% | -8.1 pp |
| FY2023 | 4.8% | -14.4 pp |
| FY2022 | 19.2% | -16.0 pp |
| FY2021 | 35.2% | — |
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