Amkor Technology Inc (AMKR)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	359,813	765,823	642,995	338,138	120,888
Total stockholders’ equity	US$ in thousands	3,962,310	3,668,750	2,942,280	2,325,700	1,963,740
ROE		9.08%	20.87%	21.85%	14.54%	6.16%

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $359,813K ÷ $3,962,310K
= 9.08%

The return on equity (ROE) for AMKOR Technology Inc. has exhibited fluctuations over the past five years. In 2023, the ROE decreased to 9.08% from 20.87% in 2022, indicating a significant decline in the company's ability to generate profits from shareholders' equity. This drop in ROE may raise concerns about the company's operational efficiency and profitability.

Looking back at the trend over the last five years, there was a notable increase in ROE from 6.16% in 2019 to 21.85% in 2021, showcasing a strong performance in utilizing equity to generate profits. However, the subsequent decline in 2023 signifies a potential reversal in this positive trend.

Further analysis is recommended to understand the factors influencing this decline in ROE and to assess the company's financial health accurately. A comprehensive evaluation of the company's profitability, asset management, and leverage ratios would provide deeper insights into AMKOR Technology Inc.'s financial performance and help stakeholders make informed decisions.