GREENLAND TECHNOLOGIES HOLDING CORPORATION (GTEC) Return on equity 2018–2025
GREENLAND TECHNOLOGIES HOLDING CORPORATION (GTEC) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
6.8%FY2025 · since FY2018: 20.9% → 6.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 6.8% | -16.6 pp |
| FY2024 | 23.4% | +55.1 pp |
| FY2023 | -31.7% | -32.8 pp |
| FY2022 | 1.1% | -8.9 pp |
| FY2021 | 10.1% | -5.0 pp |
| FY2020 | 15.1% | +3.5 pp |
| FY2019 | 11.6% | -9.3 pp |
| FY2018 | 20.9% | — |
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