PARANOVUS ENTERTAINMENT TECHNOLOGY LIMITED (PAVS) Return on equity 2017–2024
PARANOVUS ENTERTAINMENT TECHNOLOGY LIMITED (PAVS) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-32.5%FY2024 · since FY2017: 39.3% → -32.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -32.5% | +148.9 pp |
| FY2023 | -181.5% | +335.7 pp |
| FY2022 | -517.1% | -454.6 pp |
| FY2021 | -62.5% | -63.3 pp |
| FY2020 | 0.8% | -15.1 pp |
| FY2019 | 15.9% | -14.8 pp |
| FY2018 | 30.7% | -8.5 pp |
| FY2017 | 39.3% | — |
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