Alpha and Omega Semiconductor Ltd (AOSL)

Return on equity (ROE)

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Net income	US$ in thousands	-11,081	12,364	453,163	58,116	-6,596
Total stockholders’ equity	US$ in thousands	891,607	883,919	854,093	373,205	293,689
ROE		-1.24%	1.40%	53.06%	15.57%	-2.25%

June 30, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $-11,081K ÷ $891,607K
= -1.24%

Alpha and Omega Semiconductor Ltd's return on equity (ROE) has fluctuated over the past five years. In the most recent period ending June 30, 2024, the company reported a negative ROE of -1.24%, indicating that the company generated a net loss relative to its shareholder equity.

This represents a significant decrease compared to the previous year, where the ROE was 1.40%. The ROE was particularly high in June 30, 2022, at 53.06%, suggesting that the company was very efficient in generating profits from its shareholders' equity investments.

In the year ending June 30, 2021, the ROE was also relatively strong at 15.57%, indicating a profitable use of equity during that period. However, in June 30, 2020, the ROE dipped to -2.25%, reflecting a period of lower profitability relative to shareholder equity.

Overall, Alpha and Omega Semiconductor Ltd's ROE has been volatile, with both positive and negative fluctuations in profitability relative to the shareholders' equity over the past five years. It would be important to further investigate the reasons behind the negative ROE in the most recent period and assess the company's financial performance and efficiency in utilizing shareholder equity.