Lynas Rare Earths Ltd
ASX:LYC
ROE
Return on Equity
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
ROE Across Competitors
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| MY |
|
Lynas Rare Earths Ltd
ASX:LYC
|
8.6B AUD |
2%
|
|
| AU |
|
BHP Group Ltd
ASX:BHP
|
185.1B AUD |
26%
|
|
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
170.3B AUD |
21%
|
|
| UK |
|
Rio Tinto PLC
LSE:RIO
|
68.3B GBP |
21%
|
|
| CH |
|
Glencore PLC
LSE:GLEN
|
34B GBP |
-4%
|
|
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
814.5B MXN |
18%
|
|
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
154.3B SAR |
7%
|
|
| UK |
|
Anglo American PLC
LSE:AAL
|
27.5B GBP |
-13%
|
|
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
33.2B Zac |
6%
|
|
| CN |
|
CMOC Group Ltd
SSE:603993
|
170.4B CNY |
23%
|
|
| IN |
|
Hindustan Zinc Ltd
NSE:HINDZINC
|
1.9T INR |
91%
|
Lynas Rare Earths Ltd
Glance View
Lynas Rare Earths Ltd. has carved out a unique niche in the global minerals market. It stands prominently due to its status as one of the only few non-Chinese entities capable of processing rare earth materials, which are critical to the production of high-tech goods ranging from smartphones to electric vehicles. The story of Lynas is deeply intertwined with the increasing demand for these minerals, driven by technological advancement and the push towards greener technologies. Mining its primary resources from the Mount Weld mine in Western Australia, Lynas extracts and refines rare earth elements, and its expansive processing facility in Malaysia provides the company a crucial competitive advantage. In a landscape dominated by geopolitical tensions and a push for supply chain diversification, Lynas has emerged as a critical player in ensuring that industries worldwide have access to these vital materials. The company generates revenue primarily by selling processed rare earth oxides to manufacturers in various sectors including renewable energy, automotive, and electronics. Its strategic focus on sustainable and responsible resource management further reinforces its reputation, as it continuously strives to meet regulatory standards and secure the trust of investors and stakeholders alike. Lynas thus stands as a testament to both strategic foresight and operational excellence in a swiftly evolving global market.
See Also
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
Based on Lynas Rare Earths Ltd's most recent financial statements, the company has ROE of 2.2%.
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