JPMorgan China Growth &ome (CHIX:JCGIL) ROE %: -20.04% (As of Mar. 2026)


CHIX:JCGIL JPMorgan China Growth & Income PLC CHIX:JCGIL
32 GF Score
Price £2.25
! 3 Warning Signs
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What is JPMorgan China Growth &ome ROE %?

JPMorgan China Growth &ome CHIX:JCGIL 32 ROE % is -20.04% as of Mar. 2026. GuruFocus rates CHIX:JCGIL with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 1,615 Asset Management companies, JPMorgan China Growth &ome ranks better than 66.38% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. JPMorgan China Growth &ome's annualized net income for the quarter that ended in Mar. 2026 was £-52.90 Mil. JPMorgan China Growth &ome's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was £263.97 Mil. Therefore, JPMorgan China Growth &ome's annualized ROE % for the quarter that ended in Mar. 2026 was -20.04%.

The historical rank and industry rank for JPMorgan China Growth &ome's ROE % or its related term are showing as below:

CHIX:JCGIl' s ROE % Range Over the Past 10 Years
Min: -44.91   Med: 8.7   Max: 49.71
Current: 11.01

During the past 13 years, JPMorgan China Growth &ome's highest ROE % was 49.71%. The lowest was -44.91%. And the median was 8.70%.

CHIX:JCGIl's ROE % is ranked better than
66.38% of 1615 companies
in the Asset Management industry
Industry Median: 6.35 vs CHIX:JCGIl: 11.01

JPMorgan China Growth &ome  (CHIX:JCGIl) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-52.9/263.9685
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-52.9 / -52.166)*(-52.166 / 268.8885)*(268.8885 / 263.9685)
=Net Margin %*Asset Turnover*Equity Multiplier
=101.41 %*-0.194*1.0186
=ROA %*Equity Multiplier
=-19.67 %*1.0186
=-20.04 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-52.9/263.9685
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-52.9 / -52.822) * (-52.822 / -52.166) * (-52.166 / 268.8885) * (268.8885 / 263.9685)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1.0015 * 101.26 % * -0.194 * 1.0186
=-20.04 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.


JPMorgan China Growth &ome ROE % Related Terms


JPMorgan China Growth &ome ROE % Historical Data

* Premium members only.

The historical data trend for JPMorgan China Growth &ome'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.

JPMorgan China Growth &ome ROE % Chart

JPMorgan China Growth &ome Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 -44.91 -16.78 2.76 24.94

JPMorgan China Growth &ome Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -28.80 34.94 7.94 42.34 -20.04

CHIX:JCGIL vs BLK, BX, KKR: ROE % Comparison

For the Asset Management subindustry, JPMorgan China Growth &ome'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.


JPMorgan China Growth &ome ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan China Growth &ome's ROE % distribution charts can be found below:

* The bar in red indicates where JPMorgan China Growth &ome's ROE % falls into.


CHIX:JCGIL
32GF Score
JPMorgan China Growth & Income PLC CHIX:JCGIL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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JPMorgan China Growth &ome ROE % Calculation

JPMorgan China Growth &ome's annualized ROE % for the fiscal year that ended in Sep. 2025 is calculated as

ROE %=Net Income (A: Sep. 2025 )/( (Total Stockholders Equity (A: Sep. 2024 )+Total Stockholders Equity (A: Sep. 2025 ))/ count )
=63.465/( (227.396+281.465)/ 2 )
=63.465/254.4305
=24.94 %

JPMorgan China Growth &ome's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-52.9/( (281.465+246.472)/ 2 )
=-52.9/263.9685
=-20.04 %

* 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 two times the semi-annual (Mar. 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 -20.04% mean?
JPMorgan China Growth &ome (CHIX:JCGIL) has a ROE % of -20.04% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on JPMorgan China Growth &ome and its competitors. According to the industry distribution chart, JPMorgan China Growth &ome ranks #543 out of 1615 companies in the Asset Management industry, placing it in the top 33.6%.
Is JPMorgan China Growth &ome's ROE % too high?
JPMorgan China Growth &ome's current ROE % is -20.04%. Based on the distribution chart, JPMorgan China Growth &ome ranks #543 out of 1615 companies in the Asset Management industry, which is above the industry midpoint. Overall, JPMorgan China Growth &ome has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan China Growth &ome's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, JPMorgan China Growth &ome ranks #543 out of 1615 companies for ROE %. This puts JPMorgan China Growth &ome in the upper half of its industry. The industry median ROE % is 6.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.35, based on 1,615 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 JPMorgan China Growth &ome and its competitors. For the Asset Management industry, the median ROE % is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan China Growth &ome's current ROE % is -20.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan China Growth &ome stock overvalued right now?
JPMorgan China Growth &ome (CHIX:JCGIL) has a current ROE % of -20.04%. The current ROE % is -20.04%. JPMorgan China Growth &ome's overall GF Score™ is 32/100 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 JPMorgan China Growth &ome (CHIX:JCGIL), the current ROE % is -20.04% 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.

JPMorgan China Growth &ome Business Description

Other Exchanges JCGI:UK
Address 60 Victoria Embankment, London, GBR, EC4Y0JP
JPMorgan China Growth & Income PLC is an investment trust company. Its investment objective is to provide long-term capital growth by investment in Greater China companies. The company seeks to achieve its determined objectives; it invests in securities quoted on the stock exchanges of China, Hong Kong, and Taiwan, or which derive a substantial part of their revenues or profits from these territories. It may use gearing up to a maximum level of nearly 20% of shareholders' funds to increase potential returns to shareholders. The company invests no more than 15% of gross assets in other UK-listed investment companies. It reviews its performance against the MSCI China Index, with net dividends reinvested, in sterling terms.
32GF Score

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

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