GARDEN STAGE LIMITED (GSIW) Return on equity 2022–2025
GARDEN STAGE LIMITED (GSIW) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-64.4%FY2025 · since FY2022: -397.0% → -64.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -64.4% | -15.0 pp |
| FY2024 | -49.4% | -38.8 pp |
| FY2023 | -10.6% | +386.3 pp |
| FY2022 | -397.0% | — |
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