Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) ROE %: 12.27% (As of Mar. 2026) — Near Median

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SHSE:600559 Hebei Hengshui Laobaigan Liquor Co Ltd SHSE:600559
87 GF Score
Price ¥11.70
GF Value ¥14.83
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hebei Hengshui Laobaigan Liquor Co ROE %?

Hebei Hengshui Laobaigan Liquor Co SHSE:600559 -2.42% 87 ROE % is 12.27% as of Mar. 2026, which is 1% above its 10-year median of 12.11. GuruFocus rates SHSE:600559 with a GF Score™ of 87/100 and a GF Value™ of ¥14.83 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 205 Beverages - Alcoholic companies, Hebei Hengshui Laobaigan Liquor Co ranks better than 56.59% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hebei Hengshui Laobaigan Liquor Co's annualized net income for the quarter that ended in Mar. 2026 was ¥662 Mil. Hebei Hengshui Laobaigan Liquor Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥5,392 Mil. Therefore, Hebei Hengshui Laobaigan Liquor Co's annualized ROE % for the quarter that ended in Mar. 2026 was 12.27%.

The historical rank and industry rank for Hebei Hengshui Laobaigan Liquor Co's ROE % or its related term are showing as below:

SHSE:600559' s ROE % Range Over the Past 10 Years
Min: 7.04   Med: 12.11   Max: 17.53
Current: 8.29

During the past 13 years, Hebei Hengshui Laobaigan Liquor Co's highest ROE % was 17.53%. The lowest was 7.04%. And the median was 12.11%.

SHSE:600559's ROE % is ranked better than
56.59% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 5.38 vs SHSE:600559: 8.29

Hebei Hengshui Laobaigan Liquor Co  (SHSE:600559) 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
=661.816/5391.75
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(661.816 / 4880.692)*(4880.692 / 8732.9375)*(8732.9375 / 5391.75)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.56 %*0.5589*1.6197
=ROA %*Equity Multiplier
=7.58 %*1.6197
=12.27 %

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
=661.816/5391.75
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (661.816 / 893.436) * (893.436 / 881.244) * (881.244 / 4880.692) * (4880.692 / 8732.9375) * (8732.9375 / 5391.75)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7408 * 1.0138 * 18.06 % * 0.5589 * 1.6197
=12.27 %

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.


Hebei Hengshui Laobaigan Liquor Co ROE % Related Terms


Hebei Hengshui Laobaigan Liquor Co ROE % Historical Data

* Premium members only.

The historical data trend for Hebei Hengshui Laobaigan Liquor 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.

Hebei Hengshui Laobaigan Liquor Co ROE % Chart

Hebei Hengshui Laobaigan Liquor 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 10.83 17.53 14.55 15.56 8.10

Hebei Hengshui Laobaigan Liquor 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 11.32 12.64 6.07 2.23 12.27

SHSE:600559 vs BF.B: ROE % Comparison

For the Beverages - Wineries & Distilleries subindustry, Hebei Hengshui Laobaigan Liquor 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.


Hebei Hengshui Laobaigan Liquor Co ROE % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Hebei Hengshui Laobaigan Liquor Co's ROE % distribution charts can be found below:

* The bar in red indicates where Hebei Hengshui Laobaigan Liquor Co's ROE % falls into.


SHSE:600559
87GF Score
Hebei Hengshui Laobaigan Liquor Co Ltd SHSE:600559
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hebei Hengshui Laobaigan Liquor Co ROE % Calculation

Hebei Hengshui Laobaigan Liquor 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 )
=429.781/( (5305.699+5307.435)/ 2 )
=429.781/5306.567
=8.10 %

Hebei Hengshui Laobaigan Liquor 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 )
=661.816/( (5307.435+5476.065)/ 2 )
=661.816/5391.75
=12.27 %

* 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 12.27% mean?
Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) has a ROE % of 12.27% 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 Hebei Hengshui Laobaigan Liquor Co and its competitors. This is near median its historical median of 12.11. Over the past decade, Hebei Hengshui Laobaigan Liquor Co's ROE % has ranged from 7.04 to 17.53. According to the industry distribution chart, Hebei Hengshui Laobaigan Liquor Co ranks #89 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 43.4%.
Is Hebei Hengshui Laobaigan Liquor Co's ROE % too high?
Hebei Hengshui Laobaigan Liquor Co's current ROE % of 12.27% is near median its 10-year median of 12.11. Over the past 10 years, this metric has ranged from a low of 7.04 to a high of 17.53. The Beverages - Alcoholic industry median ROE % is 5.38. Hebei Hengshui Laobaigan Liquor Co's value of 12.27% is 128.1% above this industry median. Based on the distribution chart, Hebei Hengshui Laobaigan Liquor Co ranks #89 out of 205 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Hebei Hengshui Laobaigan Liquor Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hebei Hengshui Laobaigan Liquor Co's ROE % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Hebei Hengshui Laobaigan Liquor Co ranks #89 out of 205 companies for ROE %. This puts Hebei Hengshui Laobaigan Liquor Co in the upper half of its industry. The industry median ROE % is 5.38. Hebei Hengshui Laobaigan Liquor Co's value of 12.27% is 128.1% above this benchmark. Historically, Hebei Hengshui Laobaigan Liquor Co's own ROE % has ranged from 7.04 to 17.53 over the past decade. While the company's 10-year median is 12.11 vs. the industry median of 5.38, Hebei Hengshui Laobaigan Liquor 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 Beverages - Alcoholic company?
The median ROE % among Beverages - Alcoholic companies is 5.38, based on 205 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. Hebei Hengshui Laobaigan Liquor Co's current ROE % of 12.27% is 128.1% 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 Hebei Hengshui Laobaigan Liquor Co and its competitors. For the Beverages - Alcoholic industry, the median ROE % is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Hengshui Laobaigan Liquor Co's current ROE % is 12.27%, which is near median its own 10-year median of 12.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Hengshui Laobaigan Liquor Co stock overvalued right now?
Based on GuruFocus' analysis, Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.83, compared to a current price of ¥11.70 — trading 21.1% below its estimated fair value. The current ROE % is 12.27%, which is near median its 10-year median of 12.11 and 128.1% above the Beverages - Alcoholic industry median of 5.38. Hebei Hengshui Laobaigan Liquor Co's overall GF Score™ is 87/100 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 Hebei Hengshui Laobaigan Liquor Co (SHSE:600559), the current ROE % is 12.27% 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 Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) Overvalued in 2026?

Based on GuruFocus' analysis, Hebei Hengshui Laobaigan Liquor Co stock appears to be undervalued. The current stock price of ¥11.70 is trading 21.1% below its estimated GF Value™ of ¥14.83. GuruFocus considers Hebei Hengshui Laobaigan Liquor Co to be Modestly Undervalued.

Key valuation signals for SHSE:600559:

  • ROE %: 12.27% (near median its 10-year median of 12.11)
  • GF Value™: ¥14.83 vs. price of ¥11.70 (21.1% below fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 128.1% above the Beverages - Alcoholic median (#89 of 205)

No single metric tells the full story. See the SHSE:600559 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hebei Hengshui Laobaigan Liquor Co Business Description

Address No. 809 Renmin East Road, Hebei Province, Hengshui, CHN, 053000
Hebei Hengshui Laobaigan Liquor Co Ltd is engaged in the brewing industry. It is a manufacturer in the white liquor industry in China. The company's products include Hengshui old white and Eighteen White Square and 67 degrees.
87GF Score

Get the complete analysis for SHSE:600559

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

¥11.70
Price
¥14.83
GF Value