Luckin Coffee Return On Tangible Equity 2019-2025 | LKNCY
- Luckin Coffee average return on tangible equity for 2024 was 27.53, a 21.88% increase from 2023.
- Luckin Coffee average return on tangible equity for 2023 was 35.24, a 1405.98% decline from 2022.
- Luckin Coffee average return on tangible equity for 2022 was 2.34, a 106.15% increase from 2021.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.