Alpha and Omega Semiconductor Ltd (AOSL)

Return on equity (ROE)

		Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Net income (ttm)	US$ in thousands	-11,081	-9,453	-17,148	-7,888	12,364	28,559	79,116	455,777	453,163	457,611	442,061	71,966	58,116	38,472	15,877	1,969	-6,596	-3,946	994	454
Total stockholders’ equity	US$ in thousands	891,607	888,937	894,558	885,279	883,919	887,258	899,674	885,469	854,093	826,901	793,990	400,871	373,205	345,287	331,718	309,108	293,689	289,879	295,870	291,123
ROE		-1.24%	-1.06%	-1.92%	-0.89%	1.40%	3.22%	8.79%	51.47%	53.06%	55.34%	55.68%	17.95%	15.57%	11.14%	4.79%	0.64%	-2.25%	-1.36%	0.34%	0.16%

June 30, 2024 calculation

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

Analyzing Alpha and Omega Semiconductor Ltd's return on equity (ROE) over the past few quarters reveals fluctuations in performance. The ROE has exhibited significant volatility, ranging from negative figures to high positive percentages. Specifically, the ROE had a notable decline during the most recent quarters, with negative ROE values of -1.24% in June 2024 and -1.06% in March 2024.

Prior to these decreases, there was a trend of increasing ROE from the end of 2021 into the first half of 2022, reaching levels above 50% in the third quarter of 2022. This exceptional performance may indicate a period of strong profitability and efficiency. However, the subsequent drop in ROE suggests challenges or changes in the company's financial health and performance.

Overall, the fluctuating ROE of Alpha and Omega Semiconductor Ltd indicates variability in profitability and shareholder value creation during the periods under review. Further investigation into the company's financial strategy, operational efficiency, and industry dynamics may be necessary to understand the factors influencing these ROE fluctuations.