Name: Return on Equity (ROE)

Definition: ROE shows how much profit the company earns for its shareholders based on their invested equity. It’s one of the most watched profitability ratios. A consistently high ROE signals strong management and efficient use of shareholder capital. But artificially high ROE may sometimes be boosted by excessive debt.

Interpretation:
• In '2020', MHN's return on equity was 1.1%, measuring profitability for shareholders. Industry average for Investment Bankers/Brokers/Service in '2020' stood at 8.2%.
• In '2021', MHN's return on equity was 6.2%, measuring profitability for shareholders. The increase since '2020' reflects strengthening financial performance. Industry average for Investment Bankers/Brokers/Service in '2021' stood at 12.1%. Industry average increased by 4.0% compared to previous year.
• In '2023', MHN's return on equity was -0.5%, measuring profitability for shareholders. The decline from '2021' may indicate some operational or financial challenges. Industry average for Investment Bankers/Brokers/Service in '2023' stood at 7.8%. Industry average declined by 4.3% from previous year.
• In '2024', MHN's return on equity was 3.6%, measuring profitability for shareholders. The increase since '2023' reflects strengthening financial performance. Industry average for Investment Bankers/Brokers/Service in '2024' stood at 4.7%. Industry average declined by 3.1% from previous year.
Overall, MHN's return on equity has been volatile but showed an upward trend over the past 4 years.

Formula: ROE = Net Income / Shareholders' Equity

Good Range: 10%-20% desirable for many industries.