Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) ROE %: 50.87% (As of Mar. 2026) — 49% Above Median


SHSE:600809 Shanxi Xinghuacun Fen Wine Factory Co Ltd SHSE:600809
81 GF Score
Price ¥108.10
GF Value ¥208.27
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Shanxi Xinghuacun Fen Wine Factory Co ROE %?

Shanxi Xinghuacun Fen Wine Factory Co SHSE:600809 -1.83% 81 ROE % is 50.87% as of Mar. 2026, which is 49% above its 10-year median of 34.15. GuruFocus rates SHSE:600809 with a GF Score™ of 81/100 and a GF Value™ of ¥208.27 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 207 Beverages - Alcoholic companies, Shanxi Xinghuacun Fen Wine Factory Co ranks better than 93.24% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shanxi Xinghuacun Fen Wine Factory Co's annualized net income for the quarter that ended in Mar. 2026 was ¥21,530 Mil. Shanxi Xinghuacun Fen Wine Factory Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥42,328 Mil. Therefore, Shanxi Xinghuacun Fen Wine Factory Co's annualized ROE % for the quarter that ended in Mar. 2026 was 50.87%.

The historical rank and industry rank for Shanxi Xinghuacun Fen Wine Factory Co's ROE % or its related term are showing as below:

SHSE:600809' s ROE % Range Over the Past 10 Years
Min: 13.18   Med: 34.15   Max: 44.31
Current: 27.77

During the past 13 years, Shanxi Xinghuacun Fen Wine Factory Co's highest ROE % was 44.31%. The lowest was 13.18%. And the median was 34.15%.

SHSE:600809's ROE % is ranked better than
93.24% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 5.38 vs SHSE:600809: 27.77

Shanxi Xinghuacun Fen Wine Factory Co  (SHSE:600809) 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
=21530.232/42328.1115
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(21530.232 / 59692.916)*(59692.916 / 60353.7705)*(60353.7705 / 42328.1115)
=Net Margin %*Asset Turnover*Equity Multiplier
=36.07 %*0.9891*1.4259
=ROA %*Equity Multiplier
=35.68 %*1.4259
=50.87 %

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
=21530.232/42328.1115
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (21530.232 / 29004.16) * (29004.16 / 29010.692) * (29010.692 / 59692.916) * (59692.916 / 60353.7705) * (60353.7705 / 42328.1115)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7423 * 0.9998 * 48.6 % * 0.9891 * 1.4259
=50.87 %

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.


Shanxi Xinghuacun Fen Wine Factory Co ROE % Related Terms


Shanxi Xinghuacun Fen Wine Factory Co ROE % Historical Data

* Premium members only.

The historical data trend for Shanxi Xinghuacun Fen Wine Factory 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.

Shanxi Xinghuacun Fen Wine Factory Co ROE % Chart

Shanxi Xinghuacun Fen Wine Factory 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 42.51 44.31 42.47 39.12 32.93

Shanxi Xinghuacun Fen Wine Factory 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 72.70 20.01 31.07 8.59 50.87

SHSE:600809 vs BF.B: ROE % Comparison

For the Beverages - Wineries & Distilleries subindustry, Shanxi Xinghuacun Fen Wine Factory 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.


Shanxi Xinghuacun Fen Wine Factory Co ROE % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shanxi Xinghuacun Fen Wine Factory Co's ROE % distribution charts can be found below:

* The bar in red indicates where Shanxi Xinghuacun Fen Wine Factory Co's ROE % falls into.


SHSE:600809
81GF Score
Shanxi Xinghuacun Fen Wine Factory Co Ltd SHSE:600809
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanxi Xinghuacun Fen Wine Factory Co ROE % Calculation

Shanxi Xinghuacun Fen Wine Factory 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 )
=12246.329/( (34753.83+39633.14)/ 2 )
=12246.329/37193.485
=32.93 %

Shanxi Xinghuacun Fen Wine Factory 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 )
=21530.232/( (39633.14+45023.083)/ 2 )
=21530.232/42328.1115
=50.87 %

* 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 50.87% mean?
Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) has a ROE % of 50.87% 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 Shanxi Xinghuacun Fen Wine Factory Co and its competitors. This is 49% above median its historical median of 34.15. Over the past decade, Shanxi Xinghuacun Fen Wine Factory Co's ROE % has ranged from 13.18 to 44.31. According to the industry distribution chart, Shanxi Xinghuacun Fen Wine Factory Co ranks #14 out of 207 companies in the Beverages - Alcoholic industry, placing it in the top 6.8%.
Is Shanxi Xinghuacun Fen Wine Factory Co's ROE % too high?
Shanxi Xinghuacun Fen Wine Factory Co's current ROE % of 50.87% is 49% above median its 10-year median of 34.15. Over the past 10 years, this metric has ranged from a low of 13.18 to a high of 44.31. The Beverages - Alcoholic industry median ROE % is 5.38. Shanxi Xinghuacun Fen Wine Factory Co's value of 50.87% is 845.5% above this industry median. Based on the distribution chart, Shanxi Xinghuacun Fen Wine Factory Co ranks #14 out of 207 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Shanxi Xinghuacun Fen Wine Factory Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Xinghuacun Fen Wine Factory Co's ROE % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shanxi Xinghuacun Fen Wine Factory Co ranks #14 out of 207 companies for ROE %. This places Shanxi Xinghuacun Fen Wine Factory Co in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 5.38. Shanxi Xinghuacun Fen Wine Factory Co's value of 50.87% is 845.5% above this benchmark. Historically, Shanxi Xinghuacun Fen Wine Factory Co's own ROE % has ranged from 13.18 to 44.31 over the past decade. While the company's 10-year median is 34.15 vs. the industry median of 5.38, Shanxi Xinghuacun Fen Wine Factory 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 207 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. Shanxi Xinghuacun Fen Wine Factory Co's current ROE % of 50.87% is 845.5% 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 Shanxi Xinghuacun Fen Wine Factory 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. Shanxi Xinghuacun Fen Wine Factory Co's current ROE % is 50.87%, which is 49% above median its own 10-year median of 34.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Xinghuacun Fen Wine Factory Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥208.27, compared to a current price of ¥108.10 — trading 48.1% below its estimated fair value. The current ROE % is 50.87%, which is 49% above median its 10-year median of 34.15 and 845.5% above the Beverages - Alcoholic industry median of 5.38. Shanxi Xinghuacun Fen Wine Factory Co's overall GF Score™ is 81/100 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 Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809), the current ROE % is 50.87% 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 Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Overvalued in 2026?

Based on GuruFocus' analysis, Shanxi Xinghuacun Fen Wine Factory Co stock appears to be undervalued. The current stock price of ¥108.10 is trading 48.1% below its estimated GF Value™ of ¥208.27. GuruFocus considers Shanxi Xinghuacun Fen Wine Factory Co to be Significantly Undervalued.

Key valuation signals for SHSE:600809:

  • ROE %: 50.87% (49% above median its 10-year median of 34.15)
  • GF Value™: ¥208.27 vs. price of ¥108.10 (48.1% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 845.5% above the Beverages - Alcoholic median (#14 of 207)

No single metric tells the full story. See the SHSE:600809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanxi Xinghuacun Fen Wine Factory Co Business Description

Address Jiudu Avenue, Xinghua Village, Shanxi Province, Fenyang, CHN, 032205
Shanxi Fen Wine is a typical light-flavored baijiu, featuring a fresher, lighter, and purer taste compared with jiang-flavored and rich-flavored spirits. The company offers a comprehensive product portfolio, covering subpremium, mid- to high-range, and low-end products, including subpremium brand Qinghua series, midrange products Panama and Laobaifen, and low end Bofen. The State-Owned Assets Supervision and Administration Commission of Shanxi province controls 51% of Shanxi Fen Wine.
81GF Score

Get the complete analysis for SHSE:600809

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

¥108.10
Price
¥208.27
GF Value