Shan Xi Hua Yang Group New Energy Co (SHSE:600348) ROE %: 5.45% (As of Mar. 2026) — 41% Below Median


SHSE:600348 Shan Xi Hua Yang Group New Energy Co Ltd SHSE:600348
74 GF Score
Price ¥7.76
GF Value ¥6.20
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Shan Xi Hua Yang Group New Energy Co ROE %?

Shan Xi Hua Yang Group New Energy Co SHSE:600348 +0.26% 74 ROE % is 5.45% as of Mar. 2026, which is 41% below its 10-year median of 9.29. GuruFocus rates SHSE:600348 with a GF Score™ of 74/100 and a GF Value™ of ¥6.20 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 177 Other Energy Sources companies, Shan Xi Hua Yang Group New Energy Co ranks better than 62.15% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shan Xi Hua Yang Group New Energy Co's annualized net income for the quarter that ended in Mar. 2026 was ¥1,934 Mil. Shan Xi Hua Yang Group New Energy Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥35,491 Mil. Therefore, Shan Xi Hua Yang Group New Energy Co's annualized ROE % for the quarter that ended in Mar. 2026 was 5.45%.

The historical rank and industry rank for Shan Xi Hua Yang Group New Energy Co's ROE % or its related term are showing as below:

SHSE:600348' s ROE % Range Over the Past 10 Years
Min: 3.25   Med: 9.29   Max: 29.38
Current: 4.62

During the past 13 years, Shan Xi Hua Yang Group New Energy Co's highest ROE % was 29.38%. The lowest was 3.25%. And the median was 9.29%.

SHSE:600348's ROE % is ranked better than
62.15% of 177 companies
in the Other Energy Sources industry
Industry Median: 0.47 vs SHSE:600348: 4.62

Shan Xi Hua Yang Group New Energy Co  (SHSE:600348) 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
=1934.428/35490.989
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1934.428 / 19702.776)*(19702.776 / 86519.2665)*(86519.2665 / 35490.989)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.82 %*0.2277*2.4378
=ROA %*Equity Multiplier
=2.24 %*2.4378
=5.45 %

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
=1934.428/35490.989
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1934.428 / 3460.192) * (3460.192 / 3819.74) * (3819.74 / 19702.776) * (19702.776 / 86519.2665) * (86519.2665 / 35490.989)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5591 * 0.9059 * 19.39 % * 0.2277 * 2.4378
=5.45 %

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.


Shan Xi Hua Yang Group New Energy Co ROE % Related Terms


Shan Xi Hua Yang Group New Energy Co ROE % Historical Data

* Premium members only.

The historical data trend for Shan Xi Hua Yang Group New 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.

Shan Xi Hua Yang Group New Energy Co ROE % Chart

Shan Xi Hua Yang Group New 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 15.65 29.38 19.10 7.28 4.91

Shan Xi Hua Yang Group New 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 7.09 2.21 4.09 6.64 5.45

Shan Xi Hua Yang Group New Energy Co ROE % Competitor Comparison

For the Thermal Coal subindustry, Shan Xi Hua Yang Group New 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.


Shan Xi Hua Yang Group New Energy Co ROE % vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shan Xi Hua Yang Group New Energy Co's ROE % distribution charts can be found below:

* The bar in red indicates where Shan Xi Hua Yang Group New Energy Co's ROE % falls into.


SHSE:600348
74GF Score
Shan Xi Hua Yang Group New Energy Co Ltd SHSE:600348
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shan Xi Hua Yang Group New Energy Co ROE % Calculation

Shan Xi Hua Yang Group New 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 )
=1703.031/( (33277.589+36141.787)/ 2 )
=1703.031/34709.688
=4.91 %

Shan Xi Hua Yang Group New 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 )
=1934.428/( (36141.787+34840.191)/ 2 )
=1934.428/35490.989
=5.45 %

* 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 5.45% mean?
Shan Xi Hua Yang Group New Energy Co (SHSE:600348) has a ROE % of 5.45% 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 Shan Xi Hua Yang Group New Energy Co and its competitors. This is 41% below median its historical median of 9.29. Over the past decade, Shan Xi Hua Yang Group New Energy Co's ROE % has ranged from 3.25 to 29.38. According to the industry distribution chart, Shan Xi Hua Yang Group New Energy Co ranks #67 out of 177 companies in the Other Energy Sources industry, placing it in the top 37.9%.
Is Shan Xi Hua Yang Group New Energy Co's ROE % too high?
Shan Xi Hua Yang Group New Energy Co's current ROE % of 5.45% is 41% below median its 10-year median of 9.29. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 29.38. The Other Energy Sources industry median ROE % is 0.47. Shan Xi Hua Yang Group New Energy Co's value of 5.45% is 1059.6% above this industry median. Based on the distribution chart, Shan Xi Hua Yang Group New Energy Co ranks #67 out of 177 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Shan Xi Hua Yang Group New Energy Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shan Xi Hua Yang Group New Energy Co's ROE % compare to competitors?
According to the Other Energy Sources industry distribution chart, Shan Xi Hua Yang Group New Energy Co ranks #67 out of 177 companies for ROE %. This puts Shan Xi Hua Yang Group New Energy Co in the upper half of its industry. The industry median ROE % is 0.47. Shan Xi Hua Yang Group New Energy Co's value of 5.45% is 1059.6% above this benchmark. Historically, Shan Xi Hua Yang Group New Energy Co's own ROE % has ranged from 3.25 to 29.38 over the past decade. While the company's 10-year median is 9.29 vs. the industry median of 0.47, Shan Xi Hua Yang Group New 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 Other Energy Sources company?
The median ROE % among Other Energy Sources companies is 0.47, based on 177 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. Shan Xi Hua Yang Group New Energy Co's current ROE % of 5.45% is 1059.6% 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 Shan Xi Hua Yang Group New Energy Co and its competitors. For the Other Energy Sources industry, the median ROE % is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shan Xi Hua Yang Group New Energy Co's current ROE % is 5.45%, which is 41% below median its own 10-year median of 9.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shan Xi Hua Yang Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Shan Xi Hua Yang Group New Energy Co (SHSE:600348) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥6.20, compared to a current price of ¥7.76 — trading 25.2% above its estimated fair value. The current ROE % is 5.45%, which is 41% below median its 10-year median of 9.29 and 1059.6% above the Other Energy Sources industry median of 0.47. Shan Xi Hua Yang Group New Energy Co's overall GF Score™ is 74/100 with 6 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 Shan Xi Hua Yang Group New Energy Co (SHSE:600348), the current ROE % is 5.45% 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 Shan Xi Hua Yang Group New Energy Co (SHSE:600348) Overvalued in 2026?

Based on GuruFocus' analysis, Shan Xi Hua Yang Group New Energy Co stock appears to be overvalued. The current stock price of ¥7.76 is trading 25.2% above its estimated GF Value™ of ¥6.20. GuruFocus considers Shan Xi Hua Yang Group New Energy Co to be Modestly Overvalued.

Key valuation signals for SHSE:600348:

  • ROE %: 5.45% (41% below median its 10-year median of 9.29)
  • GF Value™: ¥6.20 vs. price of ¥7.76 (25.2% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 1059.6% above the Other Energy Sources median (#67 of 177)

No single metric tells the full story. See the SHSE:600348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shan Xi Hua Yang Group New Energy Co Business Description

Address No. 2, Taobei West Street, Kuang-qu, Shanxi Province, Yangquan, CHN, 045008
Shan Xi Hua Yang Group New Energy Co Ltd is mainly engaged in coal mining, processing, and distribution, as well as power generation and heat supply. The company mainly produces smokeless coal, which is widely applied across various sectors including power generation, fertilizer manufacturing, metallurgy, machinery, and construction materials. Its power supply business serves both industrial operations and household consumption, while its heating services support industrial processes and urban residential heating needs.
74GF Score

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

¥7.76
Price
¥6.20
GF Value