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JiaXing Gas Group CoHKSE:09908 +2.11%80 ROE % is 12.65% as of Dec. 2025, which is 28% below its 10-year median of 17.53. GuruFocus rates HKSE:09908 with a GF Score™ of 80/100 and a GF Value™ of HK$7.24 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 502 Utilities - Regulated companies, JiaXing Gas Group Co ranks better than 71.91% on this metric.
JiaXing Gas Group Co (HKSE:09908) 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 (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
* 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 Utilities - Regulated Gas subindustry, JiaXing Gas Group 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.
JiaXing Gas Group Co ROE % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, JiaXing Gas Group Co's ROE % distribution charts can be found below:
* The bar in red indicates where JiaXing Gas Group 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 two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
JiaXing Gas Group Co (HKSE:09908) has a ROE % of 12.65% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on JiaXing Gas Group Co and its competitors. This is 28% below median its historical median of 17.53. Over the past decade, JiaXing Gas Group Co's ROE % has ranged from 8.10 to 25.87. According to the industry distribution chart, JiaXing Gas Group Co ranks #141 out of 502 companies in the Utilities - Regulated industry, placing it in the top 28.1%.
Is JiaXing Gas Group Co's ROE % too high?
JiaXing Gas Group Co's current ROE % of 12.65% is 28% below median its 10-year median of 17.53. Over the past 10 years, this metric has ranged from a low of 8.10 to a high of 25.87. The Utilities - Regulated industry median ROE % is 8.82. JiaXing Gas Group Co's value of 12.65% is 43.5% above this industry median. Based on the distribution chart, JiaXing Gas Group Co ranks #141 out of 502 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, JiaXing Gas Group Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JiaXing Gas Group Co's ROE % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, JiaXing Gas Group Co ranks #141 out of 502 companies for ROE %. This puts JiaXing Gas Group Co in the upper half of its industry. The industry median ROE % is 8.82. JiaXing Gas Group Co's value of 12.65% is 43.5% above this benchmark. Historically, JiaXing Gas Group Co's own ROE % has ranged from 8.10 to 25.87 over the past decade. While the company's 10-year median is 17.53 vs. the industry median of 8.82, JiaXing Gas Group 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 an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.82, based on 502 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. JiaXing Gas Group Co's current ROE % of 12.65% is 43.5% 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 JiaXing Gas Group Co and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JiaXing Gas Group Co's current ROE % is 12.65%, which is 28% below median its own 10-year median of 17.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JiaXing Gas Group Co stock overvalued right now?
Based on GuruFocus' analysis, JiaXing Gas Group Co (HKSE:09908) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$7.24, compared to a current price of HK$8.48 — trading 17.1% above its estimated fair value. The current ROE % is 12.65%, which is 28% below median its 10-year median of 17.53 and 43.5% above the Utilities - Regulated industry median of 8.82. JiaXing Gas Group Co's overall GF Score™ is 80/100 with 9 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 JiaXing Gas Group Co (HKSE:09908), the current ROE % is 12.65% as of Dec. 2025. 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 JiaXing Gas Group Co (HKSE:09908) Overvalued in 2026?
Based on GuruFocus' analysis, JiaXing Gas Group Co stock appears to be overvalued.
The current stock price of HK$8.48 is trading 17.1% above its estimated GF Value™ of HK$7.24.
GuruFocus considers JiaXing Gas Group Co to be Modestly Overvalued.
Key valuation signals for HKSE:09908:
ROE %: 12.65% (28% below median its 10-year median of 17.53)
GF Value™: HK$7.24 vs. price of HK$8.48 (17.1% above fair value)
Industry Position: 43.5% above the Utilities - Regulated median (#141 of 502)
No single metric tells the full story. See the HKSE:09908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JiaXing Gas Group Co Ltd is engaged in the sale of gas, mainly piped natural gas(PNG) (under the concessions), liquefied natural gas (LNG) and liquefied petroleum gas (LPG) in Jiaxing; (ii) provision of construction and installation services; and (iii) other activities, including provision of natural gas transportation services, sale of vapour and construction materials, and leasing of properties, etc. Geographically, the company generates all of its revenue from Mainland China.
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