Me Lin Steel JSC

Me Lin Steel JSC ROE

The Return on Equity (ROE) of Me Lin Steel JSC (MEL.VN) as of Oct 11, 2026 is 3.13 %. In the previous year, Return on Equity (ROE) was 1.77 % — a change of 76.59% (higher).

ROE

3.13 %

YoY

76.59%

Last updated:

In 2024, Me Lin Steel JSC's return on equity (ROE) was 3.13 %, a 76.59% increase from the 1.77 % ROE in the previous year.

The Me Lin Steel JSC ROE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROE
Date
ROE
Jan 1, 2017
13.90 VND
Jan 1, 2018
7.99 VND
Jan 1, 2019
3.72 VND
Jan 1, 2020
4.32 VND
Jan 1, 2021
24.61 VND
Jan 1, 2022
2.30 VND
Jan 1, 2023
1.77 VND
Jan 1, 2024
3.13 VND
The Me Lin Steel JSC ROE history
YEARROEYoY
3.13 %+76.59%
1.77 %-23.05%
2.30 %-90.65%
24.61 %+469.26%
4.32 %+16.18%
3.72 %-53.41%
7.99 %-42.53%
13.90 %+12.20%
12.39 %-215.63%
-10.71 %—
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Me Lin Steel JSC Stock analysis

What does Me Lin Steel JSC do? Me Lin Steel JSC is one of the most popular companies on Eulerpool.

ROE Details

Decoding Me Lin Steel JSC's Return on Equity (ROE)

Me Lin Steel JSC's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Me Lin Steel JSC's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Me Lin Steel JSC's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Me Lin Steel JSC’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Me Lin Steel JSC stock

Return on Equity (ROE) of Me Lin Steel JSC is 3.13 % in 2024.

Return on Equity (ROE) of Me Lin Steel JSC changed from 1.77 % to 3.13 %, representing a 76.59% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Equity (ROE) Me Lin Steel JSC since 2006 – with annual values, charts, and detailed analysis.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Equity (ROE)'s Me Lin Steel JSC with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Equity (ROE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Equity (ROE).

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Profitability — Me Lin Steel JSC

All Key Metrics — Me Lin Steel JSC