Latest ROE for New Advanced Electronics Technologies , Ltd.: -2.37% — see history and peer comparisons.
Get informed when a big investor buys or sells
+ Follow-2.37%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
New Advanced Electronics Technologies , Ltd. posts a ROE of -2.37%. That is below the sector sector average of 11.73%. 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 11.73% is typical. New Advanced Electronics Technologies , Ltd.'s -2.37% is lower that level. That is roughly 120.2% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
New Advanced Electronics Technologies , 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 -2.37%; use YoY and peer views to separate noise from signal.
Context for 3465.TWO's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 11.73%), and (3) consistency with growth and profitability. This page covers the first two; New Advanced Electronics Technologies , Ltd.'s other metric pages and overview cover the third.