Changzhou Shichuang Energy Co (SHSE:688429) ROE % Adjusted to Book Value: -7.23% (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:688429 Changzhou Shichuang Energy Co Ltd SHSE:688429
60 GF Score
Price ¥9.07
GF Value ¥19.93
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Changzhou Shichuang Energy Co ROE % Adjusted to Book Value?

Changzhou Shichuang Energy Co SHSE:688429 +3.30% 60 ROE % Adjusted to Book Value is -7.23% as of Mar. 2026. GuruFocus rates SHSE:688429 with a GF Score™ of 60/100 and a GF Value™ of ¥19.93 (Possible Value Trap). The stock has 6 warning signs investors should review.

Changzhou Shichuang Energy Co's ROE % for the quarter that ended in Mar. 2026 was -31.83%. Changzhou Shichuang Energy Co's PB Ratio for the quarter that ended in Mar. 2026 was 4.40. Changzhou Shichuang Energy Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -7.23%.


Changzhou Shichuang Energy Co ROE % Adjusted to Book Value Related Terms


Changzhou Shichuang Energy Co ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Changzhou Shichuang Energy 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.

Changzhou Shichuang Energy Co ROE % Adjusted to Book Value Chart

Changzhou Shichuang Energy Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial 0.00 0.00 2.62 -8.00 -5.71

Changzhou Shichuang Energy Co Quarterly Data
Dec20 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 -10.95 -1.03 -4.65 -5.74 -7.23

SHSE:688429 vs GEV, ETN, PH: ROE % Adjusted to Book Value Comparison

For the Specialty Industrial Machinery subindustry, Changzhou Shichuang Energy 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.


Changzhou Shichuang Energy Co ROE % Adjusted to Book Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changzhou Shichuang Energy Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Changzhou Shichuang Energy Co's ROE % Adjusted to Book Value falls into.


SHSE:688429
60GF Score
Changzhou Shichuang Energy Co Ltd SHSE:688429
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Changzhou Shichuang Energy Co ROE % Adjusted to Book Value Calculation

Changzhou Shichuang Energy 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
=-21.64% / 3.79
=-5.71%

Changzhou Shichuang Energy 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
=-31.83% / 4.40
=-7.23%

* 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 -7.23% mean?
Changzhou Shichuang Energy Co (SHSE:688429) has a ROE % Adjusted to Book Value of -7.23% 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 Changzhou Shichuang Energy Co and its competitors.
Is Changzhou Shichuang Energy Co's ROE % Adjusted to Book Value too high?
Changzhou Shichuang Energy Co's current ROE % Adjusted to Book Value is -7.23%. Overall, Changzhou Shichuang Energy Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Changzhou Shichuang Energy Co's ROE % Adjusted to Book Value compare to GEV and ETN?
Changzhou Shichuang Energy Co's ROE % Adjusted to Book Value of -7.23% can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good ROE % Adjusted to Book Value depends on the Industrial Products 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 Changzhou Shichuang Energy Co and its competitors. Changzhou Shichuang Energy Co's current ROE % Adjusted to Book Value is -7.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Shichuang Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Shichuang Energy Co (SHSE:688429) is currently considered Possible Value Trap. The stock's GF Value™ is ¥19.93, compared to a current price of ¥9.07 — trading 54.5% below its estimated fair value. The current ROE % Adjusted to Book Value is -7.23%. Changzhou Shichuang Energy Co's overall GF Score™ is 60/100 with 6 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 Changzhou Shichuang Energy Co (SHSE:688429), the current ROE % Adjusted to Book Value is -7.23% 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 Changzhou Shichuang Energy Co (SHSE:688429) Overvalued in 2026?

Based on GuruFocus' analysis, Changzhou Shichuang Energy Co stock appears to be undervalued. The current stock price of ¥9.07 is trading 54.5% below its estimated GF Value™ of ¥19.93. GuruFocus considers Changzhou Shichuang Energy Co to be Possible Value Trap.

Key valuation signals for SHSE:688429:

  • ROE % Adjusted to Book Value: -7.23%
  • GF Value™: ¥19.93 vs. price of ¥9.07 (54.5% below fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changzhou Shichuang Energy Co Business Description

Address No. 8 Wutandu Road, Licheng Town, Jiangsu, Liyang, CHN, 213300
Changzhou Shichuang Energy Co Ltd is engaged in Research and development, production and sales of photovoltaic wet process auxiliary products, photovoltaic equipment and photovoltaic cells. The company's auxiliary products include texturing auxiliary products, polishing auxiliary products, cleaning auxiliary products, etc., which are mainly used for texturing, etching and polishing, cleaning and other links in the production of photovoltaic cells.
60GF Score

Get the complete analysis for SHSE:688429

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

¥9.07
Price
¥19.93
GF Value