Zhongmin Energy Co (SHSE:600163) ROE %: 10.86% (As of Mar. 2026) — 13% Above Median


SHSE:600163 Zhongmin Energy Co Ltd SHSE:600163
80 GF Score
Price ¥4.77
GF Value ¥5.16
Valuation Fairly Valued
! 4 Warning Signs
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What is Zhongmin Energy Co ROE %?

Zhongmin Energy Co SHSE:600163 -1.85% 80 ROE % is 10.86% as of Mar. 2026, which is 13% above its 10-year median of 9.63. GuruFocus rates SHSE:600163 with a GF Score™ of 80/100 and a GF Value™ of ¥5.16 (Fairly Valued). The stock has 4 warning signs investors should review. Among 433 Utilities - Independent Power Producers companies, Zhongmin Energy Co ranks better than 61.66% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Zhongmin Energy Co's annualized net income for the quarter that ended in Mar. 2026 was ¥785 Mil. Zhongmin Energy Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥7,233 Mil. Therefore, Zhongmin Energy Co's annualized ROE % for the quarter that ended in Mar. 2026 was 10.86%.

The historical rank and industry rank for Zhongmin Energy Co's ROE % or its related term are showing as below:

SHSE:600163' s ROE % Range Over the Past 10 Years
Min: 6.6   Med: 9.63   Max: 15.77
Current: 6.6

During the past 13 years, Zhongmin Energy Co's highest ROE % was 15.77%. The lowest was 6.60%. And the median was 9.63%.

SHSE:600163's ROE % is ranked better than
61.66% of 433 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.8 vs SHSE:600163: 6.60

Zhongmin Energy Co  (SHSE:600163) 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
=785.232/7233.177
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(785.232 / 1853.304)*(1853.304 / 11189.6615)*(11189.6615 / 7233.177)
=Net Margin %*Asset Turnover*Equity Multiplier
=42.37 %*0.1656*1.547
=ROA %*Equity Multiplier
=7.02 %*1.547
=10.86 %

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
=785.232/7233.177
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (785.232 / 1116.18) * (1116.18 / 1151.04) * (1151.04 / 1853.304) * (1853.304 / 11189.6615) * (11189.6615 / 7233.177)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7035 * 0.9697 * 62.11 % * 0.1656 * 1.547
=10.86 %

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.


Zhongmin Energy Co ROE % Related Terms


Zhongmin Energy Co ROE % Historical Data

* Premium members only.

The historical data trend for Zhongmin Energy 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.

Zhongmin Energy Co ROE % Chart

Zhongmin Energy 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 15.77 13.52 11.30 10.00 7.50

Zhongmin Energy 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 14.57 3.63 0.78 11.00 10.86

Zhongmin Energy Co ROE % Competitor Comparison

For the Utilities - Renewable subindustry, Zhongmin Energy 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.


Zhongmin Energy Co ROE % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zhongmin Energy Co's ROE % distribution charts can be found below:

* The bar in red indicates where Zhongmin Energy Co's ROE % falls into.


SHSE:600163
80GF Score
Zhongmin Energy Co Ltd SHSE:600163
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhongmin Energy Co ROE % Calculation

Zhongmin Energy 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 )
=521.622/( (6769.701+7132.967)/ 2 )
=521.622/6951.334
=7.50 %

Zhongmin Energy 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 )
=785.232/( (7132.967+7333.387)/ 2 )
=785.232/7233.177
=10.86 %

* 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 10.86% mean?
Zhongmin Energy Co (SHSE:600163) has a ROE % of 10.86% 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 Zhongmin Energy Co and its competitors. This is 13% above median its historical median of 9.63. Over the past decade, Zhongmin Energy Co's ROE % has ranged from 6.60 to 15.77. According to the industry distribution chart, Zhongmin Energy Co ranks #166 out of 433 companies in the Utilities - Independent Power Producers industry, placing it in the top 38.3%.
Is Zhongmin Energy Co's ROE % too high?
Zhongmin Energy Co's current ROE % of 10.86% is 13% above median its 10-year median of 9.63. Over the past 10 years, this metric has ranged from a low of 6.60 to a high of 15.77. The Utilities - Independent Power Producers industry median ROE % is 3.80. Zhongmin Energy Co's value of 10.86% is 185.8% above this industry median. Based on the distribution chart, Zhongmin Energy Co ranks #166 out of 433 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Zhongmin Energy Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhongmin Energy Co's ROE % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Zhongmin Energy Co ranks #166 out of 433 companies for ROE %. This puts Zhongmin Energy Co in the upper half of its industry. The industry median ROE % is 3.80. Zhongmin Energy Co's value of 10.86% is 185.8% above this benchmark. Historically, Zhongmin Energy Co's own ROE % has ranged from 6.60 to 15.77 over the past decade. While the company's 10-year median is 9.63 vs. the industry median of 3.80, Zhongmin Energy 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 - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.80, based on 433 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. Zhongmin Energy Co's current ROE % of 10.86% is 185.8% 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 Zhongmin Energy Co and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongmin Energy Co's current ROE % is 10.86%, which is 13% above median its own 10-year median of 9.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongmin Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Zhongmin Energy Co (SHSE:600163) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.16, compared to a current price of ¥4.77 — trading 7.6% below its estimated fair value. The current ROE % is 10.86%, which is 13% above median its 10-year median of 9.63 and 185.8% above the Utilities - Independent Power Producers industry median of 3.80. Zhongmin Energy Co's overall GF Score™ is 80/100 with 4 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 Zhongmin Energy Co (SHSE:600163), the current ROE % is 10.86% 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 Zhongmin Energy Co (SHSE:600163) Overvalued in 2026?

Based on GuruFocus' analysis, Zhongmin Energy Co stock appears to be undervalued. The current stock price of ¥4.77 is trading 7.6% below its estimated GF Value™ of ¥5.16. GuruFocus considers Zhongmin Energy Co to be Fairly Valued.

Key valuation signals for SHSE:600163:

  • ROE %: 10.86% (13% above median its 10-year median of 9.63)
  • GF Value™: ¥5.16 vs. price of ¥4.77 (7.6% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 185.8% above the Utilities - Independent Power Producers median (#166 of 433)

No single metric tells the full story. See the SHSE:600163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhongmin Energy Co Business Description

Address No. 210, Wusi Road, 22nd Floor, International Building, Fujian Province, Fuzhou, CHN, 3500003
Zhongmin Energy Co Ltd focuses on the development and construction of power generation projects in China. The company's business scope comprises of wind power generation, investment in the energy industry, power production, electrical installation, engineering consulting, construction materials, sales of mechanical and electrical equipment, machinery and equipment rental. It is mainly focused on the development and construction of wind, solar and other clean energy sources.
80GF Score

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

¥4.77
Price
¥5.16
GF Value