Fujian Start Group Co (SHSE:600734) ROE %: -19.86% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600734 Fujian Start Group Co Ltd SHSE:600734
26 GF Score
Price ¥1.57
GF Value ¥1.19
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Fujian Start Group Co ROE %?

Fujian Start Group Co SHSE:600734 -1.88% 26 ROE % is -19.86% as of Mar. 2026. GuruFocus rates SHSE:600734 with a GF Score™ of 26/100 and a GF Value™ of ¥1.19 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,687 Software companies, Fujian Start Group Co ranks worse than 86.75% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Fujian Start Group Co's annualized net income for the quarter that ended in Mar. 2026 was ¥-47.81 Mil. Fujian Start Group Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥240.73 Mil. Therefore, Fujian Start Group Co's annualized ROE % for the quarter that ended in Mar. 2026 was -19.86%.

The historical rank and industry rank for Fujian Start Group Co's ROE % or its related term are showing as below:

SHSE:600734' s ROE % Range Over the Past 10 Years
Min: -305.73   Med: -4.16   Max: 13.1
Current: -46.49

During the past 13 years, Fujian Start Group Co's highest ROE % was 13.10%. The lowest was -305.73%. And the median was -4.16%.

SHSE:600734's ROE % is ranked worse than
86.75% of 2687 companies
in the Software industry
Industry Median: 4.74 vs SHSE:600734: -46.49

Fujian Start Group Co  (SHSE:600734) 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
=-47.808/240.734
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-47.808 / 303.192)*(303.192 / 1284.5)*(1284.5 / 240.734)
=Net Margin %*Asset Turnover*Equity Multiplier
=-15.77 %*0.236*5.3358
=ROA %*Equity Multiplier
=-3.72 %*5.3358
=-19.86 %

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
=-47.808/240.734
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-47.808 / -47.772) * (-47.772 / -22.448) * (-22.448 / 303.192) * (303.192 / 1284.5) * (1284.5 / 240.734)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0008 * 2.1281 * -7.4 % * 0.236 * 5.3358
=-19.86 %

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.


Fujian Start Group Co ROE % Related Terms


Fujian Start Group Co ROE % Historical Data

* Premium members only.

The historical data trend for Fujian Start Group 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.

Fujian Start Group Co ROE % Chart

Fujian Start Group 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 Negative Equity -24.09 9.95 1.43 -44.80

Fujian Start Group 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 -17.47 -42.80 -39.29 -82.56 -19.86

SHSE:600734 vs IBM, ACN, FISV: ROE % Comparison

For the Information Technology Services subindustry, Fujian Start Group 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.


Fujian Start Group Co ROE % vs Software Industry

For the Software industry and Technology sector, Fujian Start Group Co's ROE % distribution charts can be found below:

* The bar in red indicates where Fujian Start Group Co's ROE % falls into.


SHSE:600734
26GF Score
Fujian Start Group Co Ltd SHSE:600734
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fujian Start Group Co ROE % Calculation

Fujian Start Group 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 )
=-145.637/( (397.916+252.279)/ 2 )
=-145.637/325.0975
=-44.80 %

Fujian Start Group 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 )
=-47.808/( (252.279+229.189)/ 2 )
=-47.808/240.734
=-19.86 %

* 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 -19.86% mean?
Fujian Start Group Co (SHSE:600734) has a ROE % of -19.86% 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 Fujian Start Group Co and its competitors. According to the industry distribution chart, Fujian Start Group Co ranks #2331 out of 2687 companies in the Software industry, placing it in the top 86.8%.
Is Fujian Start Group Co's ROE % too high?
Fujian Start Group Co's current ROE % is -19.86%. Based on the distribution chart, Fujian Start Group Co ranks #2331 out of 2687 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Fujian Start Group Co has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Start Group Co's ROE % compare to IBM and ACN?
According to the Software industry distribution chart, Fujian Start Group Co ranks #2331 out of 2687 companies for ROE %. This places Fujian Start Group Co in the lower half of its industry. The industry median ROE % is 4.74. 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 Software company?
The median ROE % among Software companies is 4.74, based on 2,687 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. 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 Fujian Start Group Co and its competitors. For the Software industry, the median ROE % is 4.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Start Group Co's current ROE % is -19.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Start Group Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Start Group Co (SHSE:600734) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.19, compared to a current price of ¥1.57 — trading 31.9% above its estimated fair value. The current ROE % is -19.86%. Fujian Start Group Co's overall GF Score™ is 26/100 with 7 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 Fujian Start Group Co (SHSE:600734), the current ROE % is -19.86% 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 Fujian Start Group Co (SHSE:600734) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Start Group Co stock appears to be overvalued. The current stock price of ¥1.57 is trading 31.9% above its estimated GF Value™ of ¥1.19. GuruFocus considers Fujian Start Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600734:

  • ROE %: -19.86%
  • GF Value™: ¥1.19 vs. price of ¥1.57 (31.9% above fair value)
  • GF Score™: 26/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600734 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Start Group Co Business Description

Address No. 67 Hongshanyuan Road, Gulou District, Fuzhou, CHN, 350002
Fujian Start Group Co Ltd is a China based company engaged in the business of offering security services, logistics services, data services, community services like providing PTZ network camera, and terminal products. The terminal products includes payment terminal and mobile intelligent service robot. It comprises Image enhancement technology, Composite detection and tracking technology, and the Internet of Things integrated control and control platform.
26GF Score

Get the complete analysis for SHSE:600734

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

¥1.57
Price
¥1.19
GF Value