Zhejiang Energy Pv-Tech Co (BJSE:920770) ROE %: 11.13% (As of Jun. 2026) — Near Median

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BJSE:920770 Zhejiang Energy Pv-Tech Co Ltd BJSE:920770
63 GF Score
Price ¥10.66
GF Value ¥12.94
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Zhejiang Energy Pv-Tech Co ROE %?

Zhejiang Energy Pv-Tech Co BJSE:920770 63 ROE % is 11.13% as of Jun. 2026, which is 5% below its 10-year median of 11.76. GuruFocus rates BJSE:920770 with a GF Score™ of 63/100 and a GF Value™ of ¥12.94 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,009 Semiconductors companies, Zhejiang Energy Pv-Tech Co ranks better than 52.43% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Zhejiang Energy Pv-Tech Co's annualized net income for the quarter that ended in Jun. 2026 was ¥68.9 Mil. Zhejiang Energy Pv-Tech Co's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was ¥618.8 Mil. Therefore, Zhejiang Energy Pv-Tech Co's annualized ROE % for the quarter that ended in Jun. 2026 was 11.13%.

The historical rank and industry rank for Zhejiang Energy Pv-Tech Co's ROE % or its related term are showing as below:

BJSE:920770' s ROE % Range Over the Past 10 Years
Min: -6.46   Med: 11.76   Max: 31.22
Current: 6.89

During the past 13 years, Zhejiang Energy Pv-Tech Co's highest ROE % was 31.22%. The lowest was -6.46%. And the median was 11.76%.

BJSE:920770's ROE % is ranked better than
52.43% of 1009 companies
in the Semiconductors industry
Industry Median: 6.17 vs BJSE:920770: 6.89

Zhejiang Energy Pv-Tech Co  (BJSE:920770) 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:

ROE %(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=68.888/618.8285
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(68.888 / 205.784)*(205.784 / 867.7155)*(867.7155 / 618.8285)
=Net Margin %*Asset Turnover*Equity Multiplier
=33.48 %*0.2372*1.4022
=ROA %*Equity Multiplier
=7.94 %*1.4022
=11.13 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=68.888/618.8285
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (68.888 / 80.4) * (80.4 / 105.912) * (105.912 / 205.784) * (205.784 / 867.7155) * (867.7155 / 618.8285)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8568 * 0.7591 * 51.47 % * 0.2372 * 1.4022
=11.13 %

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.


Zhejiang Energy Pv-Tech Co ROE % Related Terms


Zhejiang Energy Pv-Tech Co ROE % Historical Data

* Premium members only.

The historical data trend for Zhejiang Energy Pv-Tech Co'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.

Zhejiang Energy Pv-Tech Co ROE % Chart

Zhejiang Energy Pv-Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.77 15.51 11.10 6.18 7.50

Zhejiang Energy Pv-Tech Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROE % 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 12.22 17.27 -2.79 2.06 11.13

BJSE:920770 vs FSLR, NXT, ENPH: ROE % Comparison

For the Solar subindustry, Zhejiang Energy Pv-Tech Co'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.


Zhejiang Energy Pv-Tech Co ROE % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Zhejiang Energy Pv-Tech Co's ROE % distribution charts can be found below:

* The bar in red indicates where Zhejiang Energy Pv-Tech Co's ROE % falls into.


BJSE:920770
63GF Score
Zhejiang Energy Pv-Tech Co Ltd BJSE:920770
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Energy Pv-Tech Co ROE % Calculation

Zhejiang Energy Pv-Tech Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=45.196/( (586.334+618.215)/ 2 )
=45.196/602.2745
=7.50 %

Zhejiang Energy Pv-Tech Co's annualized ROE % for the quarter that ended in Jun. 2026 is calculated as

ROE %=Net Income (Q: Jun. 2026 )/( (Total Stockholders Equity (Q: Mar. 2026 )+Total Stockholders Equity (Q: Jun. 2026 ))/ count )
=68.888/( (622.096+615.561)/ 2 )
=68.888/618.8285
=11.13 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 11.13% mean?
Zhejiang Energy Pv-Tech Co (BJSE:920770) has a ROE % of 11.13% 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 Zhejiang Energy Pv-Tech Co and its competitors. This is near median its historical median of 11.76. According to the industry distribution chart, Zhejiang Energy Pv-Tech Co ranks #480 out of 1009 companies in the Semiconductors industry, placing it in the top 47.6%.
Is Zhejiang Energy Pv-Tech Co's ROE % too high?
Zhejiang Energy Pv-Tech Co's current ROE % of 11.13% is near median its 10-year median of 11.76. The Semiconductors industry median ROE % is 6.17. Zhejiang Energy Pv-Tech Co's value of 11.13% is 80.4% above this industry median. Based on the distribution chart, Zhejiang Energy Pv-Tech Co ranks #480 out of 1009 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Zhejiang Energy Pv-Tech Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Energy Pv-Tech Co's ROE % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Zhejiang Energy Pv-Tech Co ranks #480 out of 1009 companies for ROE %. This puts Zhejiang Energy Pv-Tech Co in the upper half of its industry. The industry median ROE % is 6.17. Zhejiang Energy Pv-Tech Co's value of 11.13% is 80.4% above this benchmark. While the company's 10-year median is 11.76 vs. the industry median of 6.17, Zhejiang Energy Pv-Tech 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 Semiconductors company?
The median ROE % among Semiconductors companies is 6.17, based on 1,009 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. Zhejiang Energy Pv-Tech Co's current ROE % of 11.13% is 80.4% 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 Zhejiang Energy Pv-Tech Co and its competitors. For the Semiconductors industry, the median ROE % is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Energy Pv-Tech Co's current ROE % is 11.13%, which is near median its own 10-year median of 11.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Energy Pv-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Energy Pv-Tech Co (BJSE:920770) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.94, compared to a current price of ¥10.66 — trading 17.6% below its estimated fair value. The current ROE % is 11.13%, which is near median its 10-year median of 11.76 and 80.4% above the Semiconductors industry median of 6.17. Zhejiang Energy Pv-Tech Co's overall GF Score™ is 63/100 with 2 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 Zhejiang Energy Pv-Tech Co (BJSE:920770), the current ROE % is 11.13% 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 Zhejiang Energy Pv-Tech Co (BJSE:920770) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Energy Pv-Tech Co stock appears to be undervalued. The current stock price of ¥10.66 is trading 17.6% below its estimated GF Value™ of ¥12.94. GuruFocus considers Zhejiang Energy Pv-Tech Co to be Modestly Undervalued.

Key valuation signals for BJSE:920770:

  • ROE %: 11.13% (near median its 10-year median of 11.76)
  • GF Value™: ¥12.94 vs. price of ¥10.66 (17.6% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 80.4% above the Semiconductors median (#480 of 1009)

No single metric tells the full story. See the BJSE:920770 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Energy Pv-Tech Co Business Description

Address No. 132 Haifeng Middle Road, Wuyuan Street, 3rd Floor, Haifeng Building, Haiyan County, Zhejiang Province, Jiaxing City, CHN, 314300
Zhejiang Energy Pv-Tech Co Ltd engages in the investment and operation of distributed photovoltaic power plants, development and service of distributed photovoltaic power plants, research and development, production, and sales of crystalline silicon solar cells.
63GF Score

Get the complete analysis for BJSE:920770

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

¥10.66
Price
¥12.94
GF Value