IT TECH PACKAGING, INC. (ITP) Return on equity 2015–2024
IT TECH PACKAGING, INC. (ITP) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-6.3%FY2024 · since FY2015: 6.6% → -6.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -6.3% | -0.4 pp |
| FY2023 | -5.9% | +3.2 pp |
| FY2022 | -9.1% | -9.6 pp |
| FY2021 | 0.5% | +3.7 pp |
| FY2020 | -3.2% | -4.5 pp |
| FY2019 | 1.3% | +7.7 pp |
| FY2018 | -6.3% | -7.2 pp |
| FY2017 | 0.9% | -3.3 pp |
| FY2016 | 4.2% | -2.3 pp |
| FY2015 | 6.6% | — |
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