NaaS Technology Inc. (NAAS) Return on equity 2017–2020
NaaS Technology Inc. (NAAS) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-26.7%FY2020 · since FY2017: -15.5% → -26.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2020 | -26.7% | -51.1 pp |
| FY2019 | 24.3% | -7.0 pp |
| FY2018 | 31.4% | +46.8 pp |
| FY2017 | -15.5% | — |
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