Ichor Holdings Ltd (ICHR)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	-42,985	72,804	70,899	33,279	10,729
Total stockholders’ equity	US$ in thousands	564,677	587,496	500,715	411,689	221,416
ROE		-7.61%	12.39%	14.16%	8.08%	4.85%

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $-42,985K ÷ $564,677K
= -7.61%

Ichor Holdings Ltd's return on equity (ROE) has fluctuated over the past five years, as illustrated in the data provided. The company experienced a negative ROE of -7.61% in 2023, indicating that the company's net income was insufficient to generate returns for its shareholders based on their equity investment. This negative ROE suggests potential concerns regarding the company's profitability and operational efficiency.

In contrast, Ichor Holdings Ltd demonstrated stronger ROE in the preceding years, with figures of 12.39% in 2022, 14.16% in 2021, 8.08% in 2020, and 4.85% in 2019. These positive ROE values indicate that the company was able to generate returns for its shareholders based on their equity investment during those years.

Overall, the trend in Ichor Holdings Ltd's ROE indicates inconsistent performance in generating returns for shareholders over the past five years, with variations in profitability and efficiency. It may be advisable for stakeholders to further evaluate the company's financial health and operational strategies to address the recent decline in ROE and sustain or improve shareholder value.