Luckin Coffee Inc. (LKNCY) Return on equity 2019–2025
Luckin Coffee Inc. (LKNCY) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
23.0%FY2025 · since FY2019: -62.5% → 23.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 23.0% | -2.4 pp |
| FY2024 | 25.4% | -9.6 pp |
| FY2023 | 35.0% | +25.3 pp |
| FY2022 | 9.7% | -9.2 pp |
| FY2021 | 18.9% | +229.8 pp |
| FY2020 | -210.9% | -148.5 pp |
| FY2019 | -62.5% | — |
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