GBT TECHNOLOGIES INC. (GTCH) Return on equity 2017–2018
GBT TECHNOLOGIES INC. (GTCH) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-356.6%FY2018 · since FY2017: -243.7% → -356.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2018 | -356.6% | -113.0 pp |
| FY2017 | -243.7% | — |
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