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Two additional key performance indicators that management will be discussing on this call are net asset value or NAV and return on equity or ROE. NAV is defined as total assets minus total liabilities and is also reported on a per-share basis. The Motley Fool has no position in any of the stocks mentioned.
Two additional key performance indicators that management will be discussing on this call are net asset value, or NAV, and return on equity, or ROE. NAV is defined as total assets minus total liabilities and is also reported on a per share basis. The Motley Fool has no position in any of the stocks mentioned.
Millrose will be externally managed by a subsidiary of Kennedy Lewis Investments and Institutional alternative investment firm with approximately $17 billion in AUM and extensive experience with both Lennar and with the land and land development business for home builders. As you think about Millrose from an investment standpoint.
Two additional key performance indicators that management will be discussing on this call are net asset value, or NAV, and return on equity, or ROE. NAV is defined as total assets minus total liabilities and is also reported on a per-share basis. Bryce Rowe -- Analyst Got it. That's all for me. Appreciate the time.
Two additional key performance indicators that management will be discussing on this call are net asset value, or NAV, and return on equity, or ROE. NAV is defined as total assets minus total liabilities and is also reported on a per share basis. Dwayne Hyzak -- Chief Executive Officer Sure, Robert. Thanks for the question.
Fintech services revenues sustained a teens year-on-year growth rate on increased commercial payment volume, wealth managementfees, and consumer loan fees. And, you know, we certainly believe that that is the case in China, that longevity is an asset rather than a liability, just as it is in the luxury goods industry.
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