GRAVITY CO., LTD. (GRVY) Return on equity 2011–2016
GRAVITY CO., LTD. (GRVY) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
0.8%FY2016 · since FY2011: 14.7% → 0.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2016 | 0.8% | +56.5 pp |
| FY2015 | -55.6% | -12.3 pp |
| FY2014 | -43.3% | -16.5 pp |
| FY2013 | -26.8% | -13.2 pp |
| FY2012 | -13.6% | -28.3 pp |
| FY2011 | 14.7% | — |
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