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 '2021', THM's return on equity was -9.5%, measuring profitability for shareholders. Industry average for Metal Mining in '2021' stood at -23.5%.
• In '2022', THM's return on equity was -5.0%, measuring profitability for shareholders. The increase since '2021' reflects strengthening financial performance. Industry average for Metal Mining in '2022' stood at -9.7%. Industry average increased by 13.8% compared to previous year.
• In '2023', THM's return on equity was -5.8%, measuring profitability for shareholders. The decline from '2022' may indicate some operational or financial challenges. Industry average for Metal Mining in '2023' stood at -34.1%. Industry average declined by 24.4% from previous year.
• In '2024', THM's return on equity was -6.3%, measuring profitability for shareholders. The decline from '2023' may indicate some operational or financial challenges. Industry average for Metal Mining in '2024' stood at 3.5%. Industry average increased by 37.6% compared to previous year.
Overall, THM'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.