Wang & Lee Group annual return on equity
2023
2024
Wang & Lee Group Return on Equity (ROE) Growth & History (WLGSF)
Wang & Lee Group's return on equity was −53.53% for fiscal 2024.
View full Wang & Lee Group company overviewWang & Lee Group annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | −53.53% | −23.32 pp |
| 2023 | 2023-12-31 | −30.21% | — |
Wang & Lee Group return on equity trends
Between the periods ended 2023-12-31 and 2024-12-31, Wang & Lee Group's return on equity decreased from −30.21% to −53.53%, a change of −23.32 percentage points.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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