I am trying to apply the 30-second filter to this ASX listed company, Lovisa. However, I must be using the wrong figure for equity as I am seeing a falling trend of ROE, from 442.86% in 2015 to 68.52% in 2019, which doesn’t make much sense to me.
For 2019 (click here), I use the figure of 53,651 on page 34. Is this the wrong figure to use for equity? Which figure should I be using instead?
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