CoJax Oil and Gas Corporation (CJAX) Return on equity 2022–2025
CoJax Oil and Gas Corporation (CJAX) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-14.1%FY2025 · since FY2022: -194.5% → -14.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -14.1% | +4.5 pp |
| FY2024 | -18.7% | +34.5 pp |
| FY2023 | -53.1% | +141.4 pp |
| FY2022 | -194.5% | — |
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