Adagene Inc. (ADAG) Return on equity 2021–2025
Adagene Inc. (ADAG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-49.8%FY2025 · since FY2021: -46.7% → -49.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -49.8% | +16.3 pp |
| FY2024 | -66.2% | -39.3 pp |
| FY2023 | -26.9% | +69.4 pp |
| FY2022 | -96.2% | -49.5 pp |
| FY2021 | -46.7% | — |
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
More ADAG financial trends
ADAG RevenueADAG Net incomeADAG Net marginADAG Gross profitADAG Gross marginADAG Operating incomeADAG Operating marginADAG Operating cash flowADAG Free cash flowADAG Capital expendituresADAG Stock buybacksADAG Dividends paidADAG Total assetsADAG Total liabilitiesADAG Shareholders’ equityADAG overview →