Shanghai Sinotec Co (SHSE:603121) ROE % Adjusted to Book Value: -0.25% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603121 Shanghai Sinotec Co Ltd SHSE:603121
67 GF Score
Price ¥10.20
GF Value ¥14.16
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Shanghai Sinotec Co ROE % Adjusted to Book Value?

Shanghai Sinotec Co SHSE:603121 -2.67% 67 ROE % Adjusted to Book Value is -0.25% as of Mar. 2026. GuruFocus rates SHSE:603121 with a GF Score™ of 67/100 and a GF Value™ of ¥14.16 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Shanghai Sinotec Co's ROE % for the quarter that ended in Mar. 2026 was -1.27%. Shanghai Sinotec Co's PB Ratio for the quarter that ended in Mar. 2026 was 5.07. Shanghai Sinotec Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -0.25%.


Shanghai Sinotec Co ROE % Adjusted to Book Value Related Terms


Shanghai Sinotec Co ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Shanghai Sinotec Co's ROE % Adjusted to Book Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shanghai Sinotec Co ROE % Adjusted to Book Value Chart

Shanghai Sinotec Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 -0.37 3.30 1.76 -0.57

Shanghai Sinotec Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.87 0.28 0.48 -3.79 -0.25

SHSE:603121 vs ORLY, AZO: ROE % Adjusted to Book Value Comparison

For the Auto Parts subindustry, Shanghai Sinotec Co's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shanghai Sinotec Co ROE % Adjusted to Book Value vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Sinotec Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Shanghai Sinotec Co's ROE % Adjusted to Book Value falls into.


SHSE:603121
67GF Score
Shanghai Sinotec Co Ltd SHSE:603121
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Sinotec Co ROE % Adjusted to Book Value Calculation

Shanghai Sinotec Co's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-3.70% / 6.51
=-0.57%

Shanghai Sinotec Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-1.27% / 5.07
=-0.25%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROE % Adjusted to Book Value of -0.25% mean?
Shanghai Sinotec Co (SHSE:603121) has a ROE % Adjusted to Book Value of -0.25% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Shanghai Sinotec Co and its competitors.
Is Shanghai Sinotec Co's ROE % Adjusted to Book Value too high?
Shanghai Sinotec Co's current ROE % Adjusted to Book Value is -0.25%. Overall, Shanghai Sinotec Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Sinotec Co's ROE % Adjusted to Book Value compare to ORLY and AZO?
Shanghai Sinotec Co's ROE % Adjusted to Book Value of -0.25% can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Vehicles & Parts company?
A good ROE % Adjusted to Book Value depends on the Vehicles & Parts industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Shanghai Sinotec Co and its competitors. Shanghai Sinotec Co's current ROE % Adjusted to Book Value is -0.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Sinotec Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Sinotec Co (SHSE:603121) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.16, compared to a current price of ¥10.20 — trading 28% below its estimated fair value. The current ROE % Adjusted to Book Value is -0.25%. Shanghai Sinotec Co's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Shanghai Sinotec Co (SHSE:603121), the current ROE % Adjusted to Book Value is -0.25% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shanghai Sinotec Co (SHSE:603121) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Sinotec Co stock appears to be undervalued. The current stock price of ¥10.20 is trading 28% below its estimated GF Value™ of ¥14.16. GuruFocus considers Shanghai Sinotec Co to be Modestly Undervalued.

Key valuation signals for SHSE:603121:

  • ROE % Adjusted to Book Value: -0.25%
  • GF Value™: ¥14.16 vs. price of ¥10.20 (28% below fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603121 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Sinotec Co Business Description

Address No. 218 Songxiu Road, Building 3, Qingpu District, Shanghai, CHN, 201707
Shanghai Sinotec Co Ltd is mainly engaged in the production and development of auto parts, with processes covering precision casting, sand casting, machining and various welding assemblies. The company primarily offers services to world's renowned enterprises such as BorgWarner, Honeywell, Mitsubishi Heavy Industries, BoschMahle, Continental, Harima Heavy Industries (HHI), HunanTyen and so on.
67GF Score

Get the complete analysis for SHSE:603121

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥10.20
Price
¥14.16
GF Value