Sad to see people talking about ROE when they have no clue of the proper definition of paid up capital. And you still want people to join your super group? Please learn more first...
apala~~ ROE= net income/(total asset-total liabilities). If debt(liabilities) increase, then your denominator smaller, so provided larger ROE LO~~ so, dont kena tipu by high ROE company with they possess high debt~
its the story, the management and the numbers, in that order.
story first.
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hpcp
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Posted by hpcp > 2015-12-16 12:44 | Report Abuse
Equity here is not paid-up capital minus debt