NOCERA, INC. (NCRA) Return on equity 2018–2024
NOCERA, INC. (NCRA) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-214.4%FY2024 · since FY2018: 96.7% → -214.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -214.4% | -92.4 pp |
| FY2023 | -122.0% | -42.4 pp |
| FY2022 | -79.7% | +122.0 pp |
| FY2021 | -201.7% | -176.9 pp |
| FY2020 | -24.8% | +146.6 pp |
| FY2019 | -171.4% | -268.0 pp |
| FY2018 | 96.7% | — |
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