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.
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.
Techking TiresBJSE:920020 18 ROE % is 20.29% as of Jun. 2026, which is 23% below its 10-year median of 26.47. GuruFocus rates BJSE:920020 with a GF Score™ of 18/100. Among 1,307 Vehicles & Parts companies, Techking Tires ranks better than 87.07% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Techking Tires's annualized net income for the quarter that ended in Jun. 2026 was ¥241 Mil. Techking Tires's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was ¥1,190 Mil. Therefore, Techking Tires's annualized ROE % for the quarter that ended in Jun. 2026 was 20.29%.
The historical rank and industry rank for Techking Tires's ROE % or its related term are showing as below:
BJSE:920020'
s ROE % Range Over the Past 10 Years
Min: 18.29 Med: 26.47 Max: 34.36
Current: 18.29
During the past 4 years, Techking Tires's highest ROE % was 34.36%. The lowest was 18.29%. And the median was 26.47%.
BJSE:920020's ROE % is ranked better than 87.07% of 1307
companies
in the Vehicles & Parts industry
Industry Median: 6.92
vs BJSE:920020: 18.29
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Techking Tires ROE % Related Terms
Techking Tires ROE % Historical Data
* Premium members only.
The historical data trend for Techking Tires's ROE % 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.
Techking Tires ROE % Chart
Techking Tires Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
ROE %
25.35
28.73
25.56
18.82
Techking Tires Quarterly Data
Dec24
Mar25
Mar26
Jun26
ROE %
22.48
19.34
13.71
20.29
BJSE:920020 vs ORLY, AZO, GPC: ROE % Comparison
For the Auto Parts subindustry, Techking Tires's ROE %, along with its competitors' market caps and ROE % 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.
Techking Tires ROE % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Techking Tires's ROE % distribution charts can be found below:
* The bar in red indicates where Techking Tires's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Techking Tires (BJSE:920020) has a ROE % of 20.29% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Techking Tires and its competitors. This is 23% below median its historical median of 26.47. Over the past decade, Techking Tires' ROE % has ranged from 18.29 to 34.36. According to the industry distribution chart, Techking Tires ranks #169 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 12.9%.
Is Techking Tires' ROE % too high?
Techking Tires' current ROE % of 20.29% is 23% below median its 10-year median of 26.47. Over the past 10 years, this metric has ranged from a low of 18.29 to a high of 34.36. The Vehicles & Parts industry median ROE % is 6.92. Techking Tires' value of 20.29% is 193.2% above this industry median. Based on the distribution chart, Techking Tires ranks #169 out of 1307 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Techking Tires has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Techking Tires' ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Techking Tires ranks #169 out of 1307 companies for ROE %. This places Techking Tires in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 6.92. Techking Tires' value of 20.29% is 193.2% above this benchmark. Historically, Techking Tires' own ROE % has ranged from 18.29 to 34.36 over the past decade. While the company's 10-year median is 26.47 vs. the industry median of 6.92, Techking Tires has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.92, based on 1,307 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Techking Tires's current ROE % of 20.29% is 193.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Techking Tires and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techking Tires's current ROE % is 20.29%, which is 23% below median its own 10-year median of 26.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techking Tires stock overvalued right now?
Techking Tires (BJSE:920020) has a current ROE % of 20.29%. The current ROE % is 20.29%, which is 23% below median its 10-year median of 26.47 and 193.2% above the Vehicles & Parts industry median of 6.92. Techking Tires' overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Techking Tires (BJSE:920020), the current ROE % is 20.29% as of Jun. 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.
Techking Tires Ltd is a company specializing in the design, development, sales, and service of tires for mining and construction equipment. The company offers various products and technical services, including tire manufacturing and rubber product sales. It also engages in technical consulting, development, and technology transfer, alongside import and export activities related to goods and technology. Techking serves both domestic and international markets with a focus on providing tires designed for specific applications, supported by an integrated product development system and localized marketing and service teams. The company aims to support the operational needs of the mining and construction industries by offering tailored tire solutions and related technical services.
18GF Score
Get the complete analysis for BJSE:920020
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BJSE:920020 has been successfully added to your 
