Henan Pinggao Electric CoSHSE:600312 -3.80%87 ROE % is 14.48% as of Mar. 2026, which is 182% above its 10-year median of 5.14. GuruFocus rates SHSE:600312 with a GF Score™ of 87/100 and a GF Value™ of ¥16.93 (Fairly Valued). The stock has 1 warning sign investors should review. Among 3,000 Industrial Products companies, Henan Pinggao Electric Co ranks better than 69.67% on this metric.
The historical rank and industry rank for Henan Pinggao Electric Co's ROE % or its related term are showing as below:
SHSE:600312'
s ROE % Range Over the Past 10 Years
Min: 0.78 Med: 5.14 Max: 14.6
Current: 10.47
During the past 13 years, Henan Pinggao Electric Co's highest ROE % was 14.60%. The lowest was 0.78%. And the median was 5.14%.
SHSE:600312's ROE % is ranked better than 69.67% of 3000
companies
in the Industrial Products industry
Industry Median: 5.85
vs SHSE:600312: 10.47
Henan Pinggao Electric Co (SHSE:600312) 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.
* 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 Electrical Equipment & Parts subindustry, Henan Pinggao Electric 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.
Henan Pinggao Electric Co ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Henan Pinggao Electric Co's ROE % distribution charts can be found below:
* The bar in red indicates where Henan Pinggao Electric 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.
Henan Pinggao Electric Co (SHSE:600312) has a ROE % of 14.48% 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 Henan Pinggao Electric Co and its competitors. This is 182% above median its historical median of 5.14. Over the past decade, Henan Pinggao Electric Co's ROE % has ranged from 0.78 to 14.60. According to the industry distribution chart, Henan Pinggao Electric Co ranks #910 out of 3000 companies in the Industrial Products industry, placing it in the top 30.3%.
Is Henan Pinggao Electric Co's ROE % too high?
Henan Pinggao Electric Co's current ROE % of 14.48% is 182% above median its 10-year median of 5.14. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 14.60. The Industrial Products industry median ROE % is 5.85. Henan Pinggao Electric Co's value of 14.48% is 147.5% above this industry median. Based on the distribution chart, Henan Pinggao Electric Co ranks #910 out of 3000 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Henan Pinggao Electric Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Henan Pinggao Electric Co's ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Henan Pinggao Electric Co ranks #910 out of 3000 companies for ROE %. This puts Henan Pinggao Electric Co in the upper half of its industry. The industry median ROE % is 5.85. Henan Pinggao Electric Co's value of 14.48% is 147.5% above this benchmark. Historically, Henan Pinggao Electric Co's own ROE % has ranged from 0.78 to 14.60 over the past decade. While the company's 10-year median is 5.14 vs. the industry median of 5.85, Henan Pinggao Electric 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 Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,000 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. Henan Pinggao Electric Co's current ROE % of 14.48% is 147.5% 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 Henan Pinggao Electric Co and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Pinggao Electric Co's current ROE % is 14.48%, which is 182% above median its own 10-year median of 5.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Pinggao Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Pinggao Electric Co (SHSE:600312) is currently considered Fairly Valued. The stock's GF Value™ is ¥16.93, compared to a current price of ¥16.97 — trading 0.2% above its estimated fair value. The current ROE % is 14.48%, which is 182% above median its 10-year median of 5.14 and 147.5% above the Industrial Products industry median of 5.85. Henan Pinggao Electric Co's overall GF Score™ is 87/100 with 1 warning sign 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 Henan Pinggao Electric Co (SHSE:600312), the current ROE % is 14.48% 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 Henan Pinggao Electric Co (SHSE:600312) Overvalued in 2026?
Based on GuruFocus' analysis, Henan Pinggao Electric Co stock appears to be overvalued.
The current stock price of ¥16.97 is trading 0.2% above its estimated GF Value™ of ¥16.93.
GuruFocus considers Henan Pinggao Electric Co to be Fairly Valued.
Key valuation signals for SHSE:600312:
ROE %: 14.48% (182% above median its 10-year median of 5.14)
GF Value™: ¥16.93 vs. price of ¥16.97 (0.2% above fair value)
Industry Position: 147.5% above the Industrial Products median (#910 of 3000)
No single metric tells the full story. See the SHSE:600312 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Henan Pinggao Electric Co Ltd is engaged in the manufacture of high and ultrahigh voltage switchgear. The company's products include 40.5~550 kV high voltage SF6 open circuit breakers, and 72.5~550 kV SF6 gas-insulated metal-enclosed switchgear.
87GF Score
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