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Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Powertech Industrial , Ltd. posts a ROE of -2.01%. That is below the sector sector average of 11.85%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For its sector stocks, a ROE near 11.85% is typical. Powertech Industrial , Ltd.'s -2.01% is lower that level. That is roughly 117.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Powertech Industrial , Ltd.'s ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is -2.01%; use YoY and peer views to separate noise from signal.
Context for 3296.TW's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 11.85%), and (3) consistency with growth and profitability. This page covers the first two; Powertech Industrial , Ltd.'s other metric pages and overview cover the third.