The historical rank and industry rank for Hengli Petrochemical Co's ROE % or its related term are showing as below:
SHSE:600346'
s ROE % Range Over the Past 10 Years
Min: 4.21 Med: 18.38 Max: 32.35
Current: 13.51
During the past 13 years, Hengli Petrochemical Co's highest ROE % was 32.35%. The lowest was 4.21%. And the median was 18.38%.
SHSE:600346's ROE % is ranked better than 82.53% of 1586
companies
in the Chemicals industry
Industry Median: 5.185
vs SHSE:600346: 13.51
Hengli Petrochemical Co (SHSE:600346) 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 Chemicals subindustry, Hengli Petrochemical 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.
Hengli Petrochemical Co ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Hengli Petrochemical Co's ROE % distribution charts can be found below:
* The bar in red indicates where Hengli Petrochemical 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.
Hengli Petrochemical Co (SHSE:600346) has a ROE % of 22.75% 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 Hengli Petrochemical Co and its competitors. This is 24% above median its historical median of 18.38. Over the past decade, Hengli Petrochemical Co's ROE % has ranged from 4.21 to 32.35. According to the industry distribution chart, Hengli Petrochemical Co ranks #277 out of 1586 companies in the Chemicals industry, placing it in the top 17.5%.
Is Hengli Petrochemical Co's ROE % too high?
Hengli Petrochemical Co's current ROE % of 22.75% is 24% above median its 10-year median of 18.38. Over the past 10 years, this metric has ranged from a low of 4.21 to a high of 32.35. The Chemicals industry median ROE % is 5.19. Hengli Petrochemical Co's value of 22.75% is 338.8% above this industry median. Based on the distribution chart, Hengli Petrochemical Co ranks #277 out of 1586 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Hengli Petrochemical Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hengli Petrochemical Co's ROE % compare to DOW?
According to the Chemicals industry distribution chart, Hengli Petrochemical Co ranks #277 out of 1586 companies for ROE %. This places Hengli Petrochemical Co in the top 18% of its industry — outperforming the majority of peers. The industry median ROE % is 5.19. Hengli Petrochemical Co's value of 22.75% is 338.8% above this benchmark. Historically, Hengli Petrochemical Co's own ROE % has ranged from 4.21 to 32.35 over the past decade. While the company's 10-year median is 18.38 vs. the industry median of 5.19, Hengli Petrochemical 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 Chemicals company?
The median ROE % among Chemicals companies is 5.19, based on 1,586 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. Hengli Petrochemical Co's current ROE % of 22.75% is 338.8% 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 Hengli Petrochemical Co and its competitors. For the Chemicals industry, the median ROE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hengli Petrochemical Co's current ROE % is 22.75%, which is 24% above median its own 10-year median of 18.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengli Petrochemical Co stock overvalued right now?
Based on GuruFocus' analysis, Hengli Petrochemical Co (SHSE:600346) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥13.79, compared to a current price of ¥17.79 — trading 29% above its estimated fair value. The current ROE % is 22.75%, which is 24% above median its 10-year median of 18.38 and 338.8% above the Chemicals industry median of 5.19. Hengli Petrochemical Co's overall GF Score™ is 75/100 with 10 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 Hengli Petrochemical Co (SHSE:600346), the current ROE % is 22.75% 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 Hengli Petrochemical Co (SHSE:600346) Overvalued in 2026?
Based on GuruFocus' analysis, Hengli Petrochemical Co stock appears to be overvalued.
The current stock price of ¥17.79 is trading 29% above its estimated GF Value™ of ¥13.79.
GuruFocus considers Hengli Petrochemical Co to be Modestly Overvalued.
Key valuation signals for SHSE:600346:
ROE %: 22.75% (24% above median its 10-year median of 18.38)
GF Value™: ¥13.79 vs. price of ¥17.79 (29% above fair value)
Industry Position: 338.8% above the Chemicals median (#277 of 1586)
No single metric tells the full story. See the SHSE:600346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hengli Petrochemical Co Ltd engages in the petrochemical industry. Its principal activities include: the production and sales of chemical fibers; sales of purified terephthalic acid; and import and export of goods. The company's main products include oil refining products, chemical products, PTA, polyester chips, polyester fibers, and films, among others. The company mainly operates in three business segments: the Petrochemical business segment, the Polyester business segment, and the Headquarters and other business segments. Maximum revenue is generated from the Petrochemical segment. Geographically, the company earns maximum revenue from overseas markets through exports.
75GF Score
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