Rolling return on net assets after deducting non-recurring gains and losses
factor.formula
Adjusted ROE TTM:
Average Net Worth:
The formula calculates the return on equity after deducting non-recurring gains and losses for the rolling 12 months.
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Refers to the total net profit attributable to the parent company's shareholders for the most recent 12 consecutive months, after deducting non-recurring gains and losses. TTM (Trailing Twelve Months) refers to the rolling 12-month data, which is used to smooth out quarterly fluctuations, more accurately reflect the company's true profitability, and eliminate the impact of occasional, non-sustaining gains and losses.
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Refers to the average value of net assets during the reporting period, used to measure the average level of the company's own capital during the reporting period. The average value of net assets at the beginning and end of the period more accurately reflects the average investment level of net assets during the entire reporting period.
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It refers to the total equity attributable to the parent company's shareholders at the beginning of the reporting period, reflecting the scale of the company's net assets at the beginning of the reporting period.
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It refers to the total equity attributable to the parent company's shareholders at the end of the reporting period, reflecting the scale of the company's net assets at the end of the reporting period.
factor.explanation
Adjusted ROE TTM measures the ability of an enterprise to use its own capital (net assets) to create net profit attributable to the parent company after deducting non-recurring gains and losses in the past 12 months. This indicator eliminates the impact of non-recurring gains and losses and can better reflect the profitability of a company's ongoing operations. It is a more accurate indicator for measuring a company's operating efficiency and shareholder returns. The higher the value of this indicator, the stronger the company's ability to use its own capital to create ongoing operating profits, and the higher the value created for shareholders. It is a key indicator for evaluating a company's profitability and management level. Compared with traditional ROE, the rolling calculation method can more timely reflect the company's recent profit trend; deducting non-recurring gains and losses can better reflect the profitability of the company's core business.