Yutong Bus CoSHSE:600066 +0.87%95 ROE % is 16.57% as of Mar. 2026, which is 22% above its 10-year median of 13.56. GuruFocus rates SHSE:600066 with a GF Score™ of 95/100 and a GF Value™ of ¥30.65 (Modestly Undervalued). Among 204 Farm & Heavy Construction Machinery companies, Yutong Bus Co ranks better than 94.61% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Yutong Bus Co's annualized net income for the quarter that ended in Mar. 2026 was ¥2,637 Mil. Yutong Bus Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥15,913 Mil. Therefore, Yutong Bus Co's annualized ROE % for the quarter that ended in Mar. 2026 was 16.57%.
The historical rank and industry rank for Yutong Bus Co's ROE % or its related term are showing as below:
SHSE:600066'
s ROE % Range Over the Past 10 Years
Min: 3.14 Med: 13.56 Max: 38.27
Current: 37.6
During the past 13 years, Yutong Bus Co's highest ROE % was 38.27%. The lowest was 3.14%. And the median was 13.56%.
SHSE:600066's ROE % is ranked better than 94.61% of 204
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.155
vs SHSE:600066: 37.60
Yutong Bus Co (SHSE:600066) 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 (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.
Yutong Bus Co ROE % Related Terms
Yutong Bus Co ROE % Historical Data
* Premium members only.
The historical data trend for Yutong Bus 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.
For the Farm & Heavy Construction Machinery subindustry, Yutong Bus 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.
Yutong Bus Co ROE % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Yutong Bus Co's ROE % distribution charts can be found below:
* The bar in red indicates where Yutong Bus 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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Yutong Bus Co (SHSE:600066) has a ROE % of 16.57% 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 Yutong Bus Co and its competitors. This is 22% above median its historical median of 13.56. Over the past decade, Yutong Bus Co's ROE % has ranged from 3.14 to 38.27. According to the industry distribution chart, Yutong Bus Co ranks #11 out of 204 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 5.4%.
Is Yutong Bus Co's ROE % too high?
Yutong Bus Co's current ROE % of 16.57% is 22% above median its 10-year median of 13.56. Over the past 10 years, this metric has ranged from a low of 3.14 to a high of 38.27. The Farm & Heavy Construction Machinery industry median ROE % is 7.16. Yutong Bus Co's value of 16.57% is 131.6% above this industry median. Based on the distribution chart, Yutong Bus Co ranks #11 out of 204 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Yutong Bus Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yutong Bus Co's ROE % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Yutong Bus Co ranks #11 out of 204 companies for ROE %. This places Yutong Bus Co in the top 5% of its industry — outperforming the majority of peers. The industry median ROE % is 7.16. Yutong Bus Co's value of 16.57% is 131.6% above this benchmark. Historically, Yutong Bus Co's own ROE % has ranged from 3.14 to 38.27 over the past decade. While the company's 10-year median is 13.56 vs. the industry median of 7.16, Yutong Bus 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 Farm & Heavy Construction Machinery company?
The median ROE % among Farm & Heavy Construction Machinery companies is 7.16, based on 204 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. Yutong Bus Co's current ROE % of 16.57% is 131.6% 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 Yutong Bus Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROE % is 7.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yutong Bus Co's current ROE % is 16.57%, which is 22% above median its own 10-year median of 13.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yutong Bus Co stock overvalued right now?
Based on GuruFocus' analysis, Yutong Bus Co (SHSE:600066) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥30.65, compared to a current price of ¥26.80 — trading 12.6% below its estimated fair value. The current ROE % is 16.57%, which is 22% above median its 10-year median of 13.56 and 131.6% above the Farm & Heavy Construction Machinery industry median of 7.16. Yutong Bus Co's overall GF Score™ is 95/100. 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 Yutong Bus Co (SHSE:600066), the current ROE % is 16.57% 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.
Is Yutong Bus Co (SHSE:600066) Overvalued in 2026?
Based on GuruFocus' analysis, Yutong Bus Co stock appears to be undervalued.
The current stock price of ¥26.80 is trading 12.6% below its estimated GF Value™ of ¥30.65.
GuruFocus considers Yutong Bus Co to be Modestly Undervalued.
Key valuation signals for SHSE:600066:
ROE %: 16.57% (22% above median its 10-year median of 13.56)
GF Value™: ¥30.65 vs. price of ¥26.80 (12.6% below fair value)
Industry Position: 131.6% above the Farm & Heavy Construction Machinery median (#11 of 204)
No single metric tells the full story. See the SHSE:600066 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yutong Bus Co Ltd engages in the manufacture and sale of buses and related products. The company operates its business through four main segments. The Bus Manufacturing segment focuses on producing and selling large, medium, and light buses, which include passenger buses, city buses, school buses, and various types of new energy vehicles such as pure electric, plug-in hybrid, and fuel cell models. The Foreign Trade segment handles both domestic and international sales and distribution of buses and new energy vehicles. The Passenger Transportation segment covers services such as group rentals, short-distance and highway travel, tourism transport, bus operations, employee commuting, and school transportation. The Other segment is responsible for providing after-sales support and services.
95GF Score
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