Sichuan Mingxing Electric Power Co (SHSE:600101) ROE %: 9.34% (As of Mar. 2026) — 90% Above Median


SHSE:600101 Sichuan Mingxing Electric Power Co Ltd SHSE:600101
84 GF Score
Price ¥7.89
GF Value ¥9.77
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sichuan Mingxing Electric Power Co ROE %?

Sichuan Mingxing Electric Power Co SHSE:600101 -0.88% 84 ROE % is 9.34% as of Mar. 2026, which is 90% above its 10-year median of 4.91. GuruFocus rates SHSE:600101 with a GF Score™ of 84/100 and a GF Value™ of ¥9.77 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 505 Utilities - Regulated companies, Sichuan Mingxing Electric Power Co ranks worse than 67.33% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sichuan Mingxing Electric Power Co's annualized net income for the quarter that ended in Mar. 2026 was ¥292 Mil. Sichuan Mingxing Electric Power Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥3,122 Mil. Therefore, Sichuan Mingxing Electric Power Co's annualized ROE % for the quarter that ended in Mar. 2026 was 9.34%.

The historical rank and industry rank for Sichuan Mingxing Electric Power Co's ROE % or its related term are showing as below:

SHSE:600101' s ROE % Range Over the Past 10 Years
Min: 2.93   Med: 4.91   Max: 7.2
Current: 5.98

During the past 13 years, Sichuan Mingxing Electric Power Co's highest ROE % was 7.20%. The lowest was 2.93%. And the median was 4.91%.

SHSE:600101's ROE % is ranked worse than
67.33% of 505 companies
in the Utilities - Regulated industry
Industry Median: 8.62 vs SHSE:600101: 5.98

Sichuan Mingxing Electric Power Co  (SHSE:600101) 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
=291.564/3121.783
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(291.564 / 3328.676)*(3328.676 / 4192.0765)*(4192.0765 / 3121.783)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.76 %*0.794*1.3428
=ROA %*Equity Multiplier
=6.96 %*1.3428
=9.34 %

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
=291.564/3121.783
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (291.564 / 321.564) * (321.564 / 277.556) * (277.556 / 3328.676) * (3328.676 / 4192.0765) * (4192.0765 / 3121.783)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9067 * 1.1586 * 8.34 % * 0.794 * 1.3428
=9.34 %

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.


Sichuan Mingxing Electric Power Co ROE % Related Terms


Sichuan Mingxing Electric Power Co ROE % Historical Data

* Premium members only.

The historical data trend for Sichuan Mingxing Electric Power 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.

Sichuan Mingxing Electric Power Co ROE % Chart

Sichuan Mingxing Electric Power Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.98 6.13 6.54 7.20 6.06

Sichuan Mingxing Electric Power Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 9.61 0.13 13.68 0.78 9.34

SHSE:600101 vs SRE, AES: ROE % Comparison

For the Utilities - Diversified subindustry, Sichuan Mingxing Electric Power 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.


Sichuan Mingxing Electric Power Co ROE % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sichuan Mingxing Electric Power Co's ROE % distribution charts can be found below:

* The bar in red indicates where Sichuan Mingxing Electric Power Co's ROE % falls into.


SHSE:600101
84GF Score
Sichuan Mingxing Electric Power Co Ltd SHSE:600101
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sichuan Mingxing Electric Power Co ROE % Calculation

Sichuan Mingxing Electric Power Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=184.151/( (2993.887+3084.843)/ 2 )
=184.151/3039.365
=6.06 %

Sichuan Mingxing Electric Power Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=291.564/( (3084.843+3158.723)/ 2 )
=291.564/3121.783
=9.34 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 9.34% mean?
Sichuan Mingxing Electric Power Co (SHSE:600101) has a ROE % of 9.34% 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 Sichuan Mingxing Electric Power Co and its competitors. This is 90% above median its historical median of 4.91. Over the past decade, Sichuan Mingxing Electric Power Co's ROE % has ranged from 2.93 to 7.20. According to the industry distribution chart, Sichuan Mingxing Electric Power Co ranks #340 out of 505 companies in the Utilities - Regulated industry, placing it in the top 67.3%.
Is Sichuan Mingxing Electric Power Co's ROE % too high?
Sichuan Mingxing Electric Power Co's current ROE % of 9.34% is 90% above median its 10-year median of 4.91. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 7.20. The Utilities - Regulated industry median ROE % is 8.62. Sichuan Mingxing Electric Power Co's value of 9.34% is 8.4% above this industry median. Based on the distribution chart, Sichuan Mingxing Electric Power Co ranks #340 out of 505 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Sichuan Mingxing Electric Power Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Mingxing Electric Power Co's ROE % compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Sichuan Mingxing Electric Power Co ranks #340 out of 505 companies for ROE %. This places Sichuan Mingxing Electric Power Co in the lower half of its industry. The industry median ROE % is 8.62. Sichuan Mingxing Electric Power Co's value of 9.34% is 8.4% above this benchmark. Historically, Sichuan Mingxing Electric Power Co's own ROE % has ranged from 2.93 to 7.20 over the past decade. While the company's 10-year median is 4.91 vs. the industry median of 8.62, Sichuan Mingxing Electric Power 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 8.62, based on 505 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. Sichuan Mingxing Electric Power Co's current ROE % of 9.34% is 8.4% 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 Sichuan Mingxing Electric Power Co and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Mingxing Electric Power Co's current ROE % is 9.34%, which is 90% above median its own 10-year median of 4.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Mingxing Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Mingxing Electric Power Co (SHSE:600101) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.77, compared to a current price of ¥7.89 — trading 19.2% below its estimated fair value. The current ROE % is 9.34%, which is 90% above median its 10-year median of 4.91 and 8.4% above the Utilities - Regulated industry median of 8.62. Sichuan Mingxing Electric Power Co's overall GF Score™ is 84/100 with 2 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 Sichuan Mingxing Electric Power Co (SHSE:600101), the current ROE % is 9.34% 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 Sichuan Mingxing Electric Power Co (SHSE:600101) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Mingxing Electric Power Co stock appears to be undervalued. The current stock price of ¥7.89 is trading 19.2% below its estimated GF Value™ of ¥9.77. GuruFocus considers Sichuan Mingxing Electric Power Co to be Modestly Undervalued.

Key valuation signals for SHSE:600101:

  • ROE %: 9.34% (90% above median its 10-year median of 4.91)
  • GF Value™: ¥9.77 vs. price of ¥7.89 (19.2% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 8.4% above the Utilities - Regulated median (#340 of 505)

No single metric tells the full story. See the SHSE:600101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Mingxing Electric Power Co Business Description

Address No. 88 Mingyue Road, Mingxing Hotel, 11F, Suining, Sichuan, CHN, 629000
Sichuan Mingxing Electric Power Co Ltd is mainly engaged in the production of electricity, water, and natural gas in China. It is also involved in the development of mineral resources, real estate, and hotel services.
84GF Score

Get the complete analysis for SHSE:600101

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

¥7.89
Price
¥9.77
GF Value