Name: Return on Equity (ROE)

Definition: ROE shows how much profit the company earns for its shareholders based on their invested equity. It’s one of the most watched profitability ratios. A consistently high ROE signals strong management and efficient use of shareholder capital. But artificially high ROE may sometimes be boosted by excessive debt.

Interpretation:
• In '2020', DXF's return on equity was 4.5%, measuring profitability for shareholders. Industry average for Finance: Consumer Services in '2020' stood at -11.5%.
• In '2021', DXF's return on equity was -33.5%, measuring profitability for shareholders. The decline from '2020' may indicate some operational or financial challenges. Industry average for Finance: Consumer Services in '2021' stood at 2.2%. Industry average increased by 13.7% compared to previous year.
• In '2022', DXF's return on equity was -10.0%, measuring profitability for shareholders. The increase since '2021' reflects strengthening financial performance. Industry average for Finance: Consumer Services in '2022' stood at -21.7%. Industry average declined by 23.9% from previous year.
• In '2023', DXF's return on equity was -314.4%, measuring profitability for shareholders. The decline from '2022' may indicate some operational or financial challenges. Industry average for Finance: Consumer Services in '2023' stood at -4.3%. Industry average increased by 17.4% compared to previous year.
Overall, DXF's return on equity has been volatile but showed a downward trend over the past 4 years.

Formula: ROE = Net Income / Shareholders' Equity

Good Range: 10%-20% desirable for many industries.