Lao Feng Xiang Co (SHSE:600612) ROE %: 16.26% (As of Mar. 2026) — 22% Below Median

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SHSE:600612 Lao Feng Xiang Co Ltd SHSE:600612
63 GF Score
Price ¥35.01
GF Value ¥44.58
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Lao Feng Xiang Co ROE %?

Lao Feng Xiang Co SHSE:600612 -1.74% 63 ROE % is 16.26% as of Mar. 2026, which is 22% below its 10-year median of 20.79. GuruFocus rates SHSE:600612 with a GF Score™ of 63/100 and a GF Value™ of ¥44.58 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,097 Retail - Cyclical companies, Lao Feng Xiang Co ranks better than 67.91% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Lao Feng Xiang Co's annualized net income for the quarter that ended in Mar. 2026 was ¥2,188 Mil. Lao Feng Xiang Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥13,458 Mil. Therefore, Lao Feng Xiang Co's annualized ROE % for the quarter that ended in Mar. 2026 was 16.26%.

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

SHSE:600612' s ROE % Range Over the Past 10 Years
Min: 12.85   Med: 20.79   Max: 22.02
Current: 12.85

During the past 13 years, Lao Feng Xiang Co's highest ROE % was 22.02%. The lowest was 12.85%. And the median was 20.79%.

SHSE:600612's ROE % is ranked better than
67.91% of 1097 companies
in the Retail - Cyclical industry
Industry Median: 6.49 vs SHSE:600612: 12.85

Lao Feng Xiang Co  (SHSE:600612) 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
=2188.216/13457.5885
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2188.216 / 54968.864)*(54968.864 / 22609.105)*(22609.105 / 13457.5885)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.98 %*2.4313*1.68
=ROA %*Equity Multiplier
=9.68 %*1.68
=16.26 %

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
=2188.216/13457.5885
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2188.216 / 3686.068) * (3686.068 / 5285.032) * (5285.032 / 54968.864) * (54968.864 / 22609.105) * (22609.105 / 13457.5885)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5936 * 0.6975 * 9.61 % * 2.4313 * 1.68
=16.26 %

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.


Lao Feng Xiang Co ROE % Related Terms


Lao Feng Xiang Co ROE % Historical Data

* Premium members only.

The historical data trend for Lao Feng Xiang 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.

Lao Feng Xiang Co ROE % Chart

Lao Feng Xiang 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 21.87 17.60 20.41 16.20 13.67

Lao Feng Xiang 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 19.15 18.73 6.77 9.75 16.26

SHSE:600612 vs TPR: ROE % Comparison

For the Luxury Goods subindustry, Lao Feng Xiang 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.


Lao Feng Xiang Co ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lao Feng Xiang Co's ROE % distribution charts can be found below:

* The bar in red indicates where Lao Feng Xiang Co's ROE % falls into.


SHSE:600612
63GF Score
Lao Feng Xiang Co Ltd SHSE:600612
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lao Feng Xiang Co ROE % Calculation

Lao Feng Xiang 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 )
=1754.964/( (12498.088+13185.906)/ 2 )
=1754.964/12841.997
=13.67 %

Lao Feng Xiang 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 )
=2188.216/( (13185.906+13729.271)/ 2 )
=2188.216/13457.5885
=16.26 %

* 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 16.26% mean?
Lao Feng Xiang Co (SHSE:600612) has a ROE % of 16.26% 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 Lao Feng Xiang Co and its competitors. This is 22% below median its historical median of 20.79. Over the past decade, Lao Feng Xiang Co's ROE % has ranged from 12.85 to 22.02. According to the industry distribution chart, Lao Feng Xiang Co ranks #352 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 32.1%.
Is Lao Feng Xiang Co's ROE % too high?
Lao Feng Xiang Co's current ROE % of 16.26% is 22% below median its 10-year median of 20.79. Over the past 10 years, this metric has ranged from a low of 12.85 to a high of 22.02. The Retail - Cyclical industry median ROE % is 6.49. Lao Feng Xiang Co's value of 16.26% is 150.5% above this industry median. Based on the distribution chart, Lao Feng Xiang Co ranks #352 out of 1097 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Lao Feng Xiang Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lao Feng Xiang Co's ROE % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Lao Feng Xiang Co ranks #352 out of 1097 companies for ROE %. This puts Lao Feng Xiang Co in the upper half of its industry. The industry median ROE % is 6.49. Lao Feng Xiang Co's value of 16.26% is 150.5% above this benchmark. Historically, Lao Feng Xiang Co's own ROE % has ranged from 12.85 to 22.02 over the past decade. While the company's 10-year median is 20.79 vs. the industry median of 6.49, Lao Feng Xiang 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.49, based on 1,097 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. Lao Feng Xiang Co's current ROE % of 16.26% is 150.5% 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 Lao Feng Xiang Co and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lao Feng Xiang Co's current ROE % is 16.26%, which is 22% below median its own 10-year median of 20.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lao Feng Xiang Co stock overvalued right now?
Based on GuruFocus' analysis, Lao Feng Xiang Co (SHSE:600612) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥44.58, compared to a current price of ¥35.01 — trading 21.5% below its estimated fair value. The current ROE % is 16.26%, which is 22% below median its 10-year median of 20.79 and 150.5% above the Retail - Cyclical industry median of 6.49. Lao Feng Xiang Co's overall GF Score™ is 63/100 with 2 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 Lao Feng Xiang Co (SHSE:600612), the current ROE % is 16.26% 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 Lao Feng Xiang Co (SHSE:600612) Overvalued in 2026?

Based on GuruFocus' analysis, Lao Feng Xiang Co stock appears to be undervalued. The current stock price of ¥35.01 is trading 21.5% below its estimated GF Value™ of ¥44.58. GuruFocus considers Lao Feng Xiang Co to be Modestly Undervalued.

Key valuation signals for SHSE:600612:

  • ROE %: 16.26% (22% below median its 10-year median of 20.79)
  • GF Value™: ¥44.58 vs. price of ¥35.01 (21.5% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 150.5% above the Retail - Cyclical median (#352 of 1097)

No single metric tells the full story. See the SHSE:600612 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lao Feng Xiang Co Business Description

Other Exchanges 900905:China
Address No. 270, Luxi Road, 6th Floor, Building 1, Xuhui District, Shanghai, CHN, 200235
Lao Feng Xiang Co Ltd is engaged in the manufacture and sale of gold jewelry. It is also engaged in the manufacture and distribution of gold arts and crafts, and other related products.
63GF Score

Get the complete analysis for SHSE:600612

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

¥35.01
Price
¥44.58
GF Value