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Maike Tube Industry Holdings (HKSE:01553) 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 two times the semi-annual (Jun. 2026) net income data. The Revenue data used here is two times the semi-annual (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.
Maike Tube Industry Holdings ROE % Related Terms
Maike Tube Industry Holdings 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 Steel subindustry, Maike Tube Industry Holdings'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.
Maike Tube Industry Holdings ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, Maike Tube Industry Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where Maike Tube Industry Holdings'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 two times the semi-annual (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Maike Tube Industry Holdings (HKSE:01553) has a ROE % of 7.06% 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 Maike Tube Industry Holdings and its competitors. This is 53% below median its historical median of 15.04. Over the past decade, Maike Tube Industry Holdings' ROE % has ranged from 4.40 to 32.91. According to the industry distribution chart, Maike Tube Industry Holdings ranks #208 out of 616 companies in the Steel industry, placing it in the top 33.8%.
Is Maike Tube Industry Holdings' ROE % too high?
Maike Tube Industry Holdings' current ROE % of 7.06% is 53% below median its 10-year median of 15.04. Over the past 10 years, this metric has ranged from a low of 4.40 to a high of 32.91. The Steel industry median ROE % is 4.43. Maike Tube Industry Holdings' value of 7.06% is 59.4% above this industry median. Based on the distribution chart, Maike Tube Industry Holdings ranks #208 out of 616 companies in the Steel industry, which is above the industry midpoint. Overall, Maike Tube Industry Holdings has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maike Tube Industry Holdings' ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Maike Tube Industry Holdings ranks #208 out of 616 companies for ROE %. This puts Maike Tube Industry Holdings in the upper half of its industry. The industry median ROE % is 4.43. Maike Tube Industry Holdings' value of 7.06% is 59.4% above this benchmark. Historically, Maike Tube Industry Holdings' own ROE % has ranged from 4.40 to 32.91 over the past decade. While the company's 10-year median is 15.04 vs. the industry median of 4.43, Maike Tube Industry Holdings 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 Steel company?
The median ROE % among Steel companies is 4.43, based on 616 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. Maike Tube Industry Holdings's current ROE % of 7.06% is 59.4% 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 Maike Tube Industry Holdings and its competitors. For the Steel industry, the median ROE % is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maike Tube Industry Holdings's current ROE % is 7.06%, which is 53% below median its own 10-year median of 15.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maike Tube Industry Holdings stock overvalued right now?
Based on GuruFocus' analysis, Maike Tube Industry Holdings (HKSE:01553) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.97, compared to a current price of HK$1.52 — trading 56.7% above its estimated fair value. The current ROE % is 7.06%, which is 53% below median its 10-year median of 15.04 and 59.4% above the Steel industry median of 4.43. Maike Tube Industry Holdings' overall GF Score™ is 68/100 with 10 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 Maike Tube Industry Holdings (HKSE:01553), the current ROE % is 7.06% 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 Maike Tube Industry Holdings (HKSE:01553) Overvalued in 2026?
Based on GuruFocus' analysis, Maike Tube Industry Holdings stock appears to be overvalued.
The current stock price of HK$1.52 is trading 56.7% above its estimated GF Value™ of HK$0.97.
GuruFocus considers Maike Tube Industry Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01553:
ROE %: 7.06% (53% below median its 10-year median of 15.04)
GF Value™: HK$0.97 vs. price of HK$1.52 (56.7% above fair value)
Industry Position: 59.4% above the Steel median (#208 of 616)
No single metric tells the full story. See the HKSE:01553 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maike Tube Industry Holdings Ltd is an investment holding company. The company, through its subsidiaries, is engaged in the manufacturing of steel pipe products and prefabricated pipe nipple products. Its steel pipe products are made through rolling steel plates and welding the seam, and are mainly used for gas, water supply, HVAC, and fire extinguishing. The group offers ERW steel pipes, Standard prefabricated pipe nipples, Spiral Submerged Arc Welded steel pipes, Customised steel pipes, and Design and supply assembled piping systems. It has a business presence in the PRC, the United States of America, Europe, and Other countries, of which a majority of revenue is generated from the PRC.
68GF Score
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