Return On Equity ratio Analysis of Nova Lifestyle I - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Poor ROE
-2387.14
Period Ending - Dec-22
Very Poor ROE
-258.65
Growth
-822.91 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-340.78
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-941.61
ROE Analysis of Nova Lifestyle I
| ROE Ratio of Nova Lifestyle I with value of -340.78 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of Nova Lifestyle I with value of -941.61 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
| ROE Ratio of NVFY drastically fell by -822.91 % this year. |
| ROE Ratio with value of -13.02 was highest in Year Dec-19 in last Five Years. |
| ROE Ratio of NVFY trending down for at least three Years. |
| Latest ROE Ratio with value of -2387.14 is lower than Average ROE of -561.54 in last five years. |
| ROE of Nova Lifestyle I is negative because of poor net profit in last Financial Year , last Quarter and also in last twelve Months. |
Other ROE Related Info of NVFY that may interest you.
Nova Lifestyle I Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NVFY | 1.72 | 1.65 | 4.24 % | Furnishings, Fixtures & Appliances |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Poor Profitability Stock | |
FY - Historical Return On Equity of Nova Lifestyle I
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | -2387.14 | -258.65 | -85.15 | -63.72 | -13.02 | 7.07 | 5.50 |
| Change | -822.91 % | -203.76 % | -33.64 % | -389.29 % | -284.06 % | 28.64 % | 411.16 % |
FY Chart of Return On Equity of Nova Lifestyle I
Note : All Data Generated at the End of Trading Hours (EOD Data)