Adamant DRI Processing and Minerals Group (ADMG) Return on equity 2013–2018
Adamant DRI Processing and Minerals Group (ADMG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
4768.9%FY2018 · since FY2013: -28.4% → 4768.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2018 | 4768.9% | — |
| FY2014 | -1083.6% | -1055.1 pp |
| FY2013 | -28.4% | — |
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