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Chongqing Hong Xi Technology Co (BJSE:920857) 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.
Chongqing Hong Xi Technology Co ROE % Related Terms
Chongqing Hong Xi 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.
For the Electronic Components subindustry, Chongqing Hong Xi Technology 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.
Chongqing Hong Xi Technology Co ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Chongqing Hong Xi Technology Co's ROE % distribution charts can be found below:
* The bar in red indicates where Chongqing Hong Xi Technology Co'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.
Chongqing Hong Xi Technology Co (BJSE:920857) has a ROE % of -21.58% 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 Chongqing Hong Xi Technology Co and its competitors. According to the industry distribution chart, Chongqing Hong Xi Technology Co ranks #2084 out of 2419 companies in the Hardware industry, placing it in the top 86.2%.
Is Chongqing Hong Xi Technology Co's ROE % too high?
Chongqing Hong Xi Technology Co's current ROE % is -21.58%. Based on the distribution chart, Chongqing Hong Xi Technology Co ranks #2084 out of 2419 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Chongqing Hong Xi Technology Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Hong Xi Technology Co's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Chongqing Hong Xi Technology Co ranks #2084 out of 2419 companies for ROE %. This places Chongqing Hong Xi Technology Co in the lower half of its industry. The industry median ROE % is 5.55. 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 Hardware company?
The median ROE % among Hardware companies is 5.55, based on 2,419 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. 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 Chongqing Hong Xi Technology Co and its competitors. For the Hardware industry, the median ROE % is 5.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Hong Xi Technology Co's current ROE % is -21.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Hong Xi Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Hong Xi Technology Co (BJSE:920857) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.27, compared to a current price of ¥21.13 — trading 38.4% above its estimated fair value. The current ROE % is -21.58%. Chongqing Hong Xi Technology Co's overall GF Score™ is 58/100 with 3 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 Chongqing Hong Xi Technology Co (BJSE:920857), the current ROE % is -21.58% 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 Chongqing Hong Xi Technology Co (BJSE:920857) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Hong Xi Technology Co stock appears to be overvalued.
The current stock price of ¥21.13 is trading 38.4% above its estimated GF Value™ of ¥15.27.
GuruFocus considers Chongqing Hong Xi Technology Co to be Significantly Overvalued.
Key valuation signals for BJSE:920857:
ROE %: -21.58%
GF Value™: ¥15.27 vs. price of ¥21.13 (38.4% above fair value)
No single metric tells the full story. See the BJSE:920857 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Hong Xi Technology Co Ltd engages in the design, research and development, production, and sales of high-precision electronic wire components and miniature electroacoustic devices. The company's products mainly include extremely fine coaxial lines, very fine Teflon lines, and electronic wire. The company's products are mainly used in notebook computers, communications, digital, and other products.
58GF Score
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