Flagship explainer

What drives NORTHANN CORP.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity−275%Tax burden100%net income ÷ pretax incomeInterest burden262%pretax ÷ operating incomeOperating margin−11%operating income ÷ revenueAsset turnover1.12×revenue ÷ average assetsEquity multiplier8.64×average assets ÷ average equityAs of 2024-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$4.4MFY2024
Income before tax−$4.4MFY2024
Operating income−$1.7MFY2024
$15.3MFY2024
Ending assets$13.9MFY2024
Beginning assets$13.6MFY2023
$2.6MFY2024
$582612FY2023
Source: · event Dec 31, 2024 · retrieved Jul 26, 2026 · annual-row source set
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