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HeBei MeiBang Engineering and Technology Co (BJSE:920471) ROE % Explanation
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.
HeBei MeiBang Engineering and Technology Co ROE % Related Terms
HeBei MeiBang Engineering and Technology Co ROE % Historical Data
* 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.
HeBei MeiBang Engineering and Technology Co ROE % Chart
HeBei MeiBang Engineering and Technology Co Annual Data
* 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.
HeBei MeiBang Engineering and Technology Co ROE % vs Chemicals Industry
* 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.
HeBei MeiBang Engineering and Technology Co (BJSE:920471) has a ROE % of 9.11% 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 HeBei MeiBang Engineering and Technology Co and its competitors. This is 37% above median its historical median of 6.65. According to the industry distribution chart, HeBei MeiBang Engineering and Technology Co ranks #1296 out of 1590 companies in the Chemicals industry, placing it in the top 81.5%.
Is HeBei MeiBang Engineering and Technology Co's ROE % too high?
HeBei MeiBang Engineering and Technology Co's current ROE % of 9.11% is 37% above median its 10-year median of 6.65. The Chemicals industry median ROE % is 6.06. HeBei MeiBang Engineering and Technology Co's value of 9.11% is 50.5% above this industry median. Based on the distribution chart, HeBei MeiBang Engineering and Technology Co ranks #1296 out of 1590 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, HeBei MeiBang Engineering and Technology Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HeBei MeiBang Engineering and Technology Co's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, HeBei MeiBang Engineering and Technology Co ranks #1296 out of 1590 companies for ROE %. This places HeBei MeiBang Engineering and Technology Co in the lower half of its industry. The industry median ROE % is 6.06. HeBei MeiBang Engineering and Technology Co's value of 9.11% is 50.5% above this benchmark. While the company's 10-year median is 6.65 vs. the industry median of 6.06, HeBei MeiBang Engineering and Technology Co 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 Chemicals company?
The median ROE % among Chemicals companies is 6.06, based on 1,590 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. HeBei MeiBang Engineering and Technology Co's current ROE % of 9.11% is 50.5% 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 HeBei MeiBang Engineering and Technology Co and its competitors. For the Chemicals industry, the median ROE % is 6.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HeBei MeiBang Engineering and Technology Co's current ROE % is 9.11%, which is 37% above median its own 10-year median of 6.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HeBei MeiBang Engineering and Technology Co stock overvalued right now?
Based on GuruFocus' analysis, HeBei MeiBang Engineering and Technology Co (BJSE:920471) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.79, compared to a current price of ¥12.01 — trading 23.9% below its estimated fair value. The current ROE % is 9.11%, which is 37% above median its 10-year median of 6.65 and 50.5% above the Chemicals industry median of 6.06. HeBei MeiBang Engineering and Technology Co's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For HeBei MeiBang Engineering and Technology Co (BJSE:920471), the current ROE % is 9.11% 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.
Is HeBei MeiBang Engineering and Technology Co (BJSE:920471) Overvalued in 2026?
Based on GuruFocus' analysis, HeBei MeiBang Engineering and Technology Co stock appears to be undervalued.
The current stock price of ¥12.01 is trading 23.9% below its estimated GF Value™ of ¥15.79.
GuruFocus considers HeBei MeiBang Engineering and Technology Co to be Modestly Undervalued.
Key valuation signals for BJSE:920471:
ROE %: 9.11% (37% above median its 10-year median of 6.65)
GF Value™: ¥15.79 vs. price of ¥12.01 (23.9% below fair value)
Industry Position: 50.5% above the Chemicals median (#1296 of 1590)
No single metric tells the full story. See the BJSE:920471 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HeBei MeiBang Engineering and Technology Co Ltd engages in research and development, industrialization, and technical services of green manufacturing technology. It offers green technology, equipment, catalysts, and other solutions to customers in the fields of new chemical materials and biomedicine, including technical solution design, reaction, and separation system integration, technical advisory services, operational technical support, and after-sales service.
72GF Score
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