Zhongchao Inc. (ZCMD) Return on equity 2017–2025
Zhongchao Inc. (ZCMD) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-33.9%FY2025 · since FY2017: 29.4% → -33.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -33.9% | -30.8 pp |
| FY2024 | -3.1% | +59.9 pp |
| FY2023 | -63.0% | -53.1 pp |
| FY2022 | -9.8% | -10.6 pp |
| FY2021 | 0.7% | -13.3 pp |
| FY2020 | 14.0% | -12.4 pp |
| FY2019 | 26.4% | -0.1 pp |
| FY2018 | 26.5% | -2.9 pp |
| FY2017 | 29.4% | — |
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