Avic Aviation High-Technology Co (SHSE:600862) ROE %: 12.86% (As of Mar. 2026) — Near Median

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:600862 Avic Aviation High-Technology Co Ltd SHSE:600862
71 GF Score
Price ¥18.76
GF Value ¥21.32
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Avic Aviation High-Technology Co ROE %?

Avic Aviation High-Technology Co SHSE:600862 +2.01% 71 ROE % is 12.86% as of Mar. 2026, which is 4% below its 10-year median of 13.33. GuruFocus rates SHSE:600862 with a GF Score™ of 71/100 and a GF Value™ of ¥21.32 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 3,001 Industrial Products companies, Avic Aviation High-Technology Co ranks better than 75.67% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Avic Aviation High-Technology Co's annualized net income for the quarter that ended in Mar. 2026 was ¥1,004 Mil. Avic Aviation High-Technology Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥7,806 Mil. Therefore, Avic Aviation High-Technology Co's annualized ROE % for the quarter that ended in Mar. 2026 was 12.86%.

The historical rank and industry rank for Avic Aviation High-Technology Co's ROE % or its related term are showing as below:

SHSE:600862' s ROE % Range Over the Past 10 Years
Min: 2.18   Med: 13.33   Max: 17.68
Current: 12.2

During the past 13 years, Avic Aviation High-Technology Co's highest ROE % was 17.68%. The lowest was 2.18%. And the median was 13.33%.

SHSE:600862's ROE % is ranked better than
75.67% of 3001 companies
in the Industrial Products industry
Industry Median: 5.86 vs SHSE:600862: 12.20

Avic Aviation High-Technology Co  (SHSE:600862) 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
=1003.728/7806.283
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1003.728 / 4324.944)*(4324.944 / 10367.5345)*(10367.5345 / 7806.283)
=Net Margin %*Asset Turnover*Equity Multiplier
=23.21 %*0.4172*1.3281
=ROA %*Equity Multiplier
=9.68 %*1.3281
=12.86 %

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
=1003.728/7806.283
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1003.728 / 1171.452) * (1171.452 / 1179.588) * (1179.588 / 4324.944) * (4324.944 / 10367.5345) * (10367.5345 / 7806.283)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8568 * 0.9931 * 27.27 % * 0.4172 * 1.3281
=12.86 %

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.


Avic Aviation High-Technology Co ROE % Related Terms


Avic Aviation High-Technology Co ROE % Historical Data

* Premium members only.

The historical data trend for Avic Aviation High-Technology 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.

Avic Aviation High-Technology Co ROE % Chart

Avic Aviation High-Technology 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 12.83 14.88 17.68 17.31 13.96

Avic Aviation High-Technology 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 19.71 13.37 10.88 11.86 12.86

SHSE:600862 vs GEV, ETN, PH: ROE % Comparison

For the Specialty Industrial Machinery subindustry, Avic Aviation High-Technology 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.


Avic Aviation High-Technology Co ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Avic Aviation High-Technology Co's ROE % distribution charts can be found below:

* The bar in red indicates where Avic Aviation High-Technology Co's ROE % falls into.


SHSE:600862
71GF Score
Avic Aviation High-Technology Co Ltd SHSE:600862
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avic Aviation High-Technology Co ROE % Calculation

Avic Aviation High-Technology 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 )
=1030.823/( (7083.154+7682.642)/ 2 )
=1030.823/7382.898
=13.96 %

Avic Aviation High-Technology 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 )
=1003.728/( (7682.642+7929.924)/ 2 )
=1003.728/7806.283
=12.86 %

* 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 12.86% mean?
Avic Aviation High-Technology Co (SHSE:600862) has a ROE % of 12.86% 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 Avic Aviation High-Technology Co and its competitors. This is near median its historical median of 13.33. Over the past decade, Avic Aviation High-Technology Co's ROE % has ranged from 2.18 to 17.68. According to the industry distribution chart, Avic Aviation High-Technology Co ranks #730 out of 3001 companies in the Industrial Products industry, placing it in the top 24.3%.
Is Avic Aviation High-Technology Co's ROE % too high?
Avic Aviation High-Technology Co's current ROE % of 12.86% is near median its 10-year median of 13.33. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 17.68. The Industrial Products industry median ROE % is 5.86. Avic Aviation High-Technology Co's value of 12.86% is 119.5% above this industry median. Based on the distribution chart, Avic Aviation High-Technology Co ranks #730 out of 3001 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Avic Aviation High-Technology Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avic Aviation High-Technology Co's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Avic Aviation High-Technology Co ranks #730 out of 3001 companies for ROE %. This places Avic Aviation High-Technology Co in the top 24% of its industry — outperforming the majority of peers. The industry median ROE % is 5.86. Avic Aviation High-Technology Co's value of 12.86% is 119.5% above this benchmark. Historically, Avic Aviation High-Technology Co's own ROE % has ranged from 2.18 to 17.68 over the past decade. While the company's 10-year median is 13.33 vs. the industry median of 5.86, Avic Aviation High-Technology 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 Industrial Products company?
The median ROE % among Industrial Products companies is 5.86, based on 3,001 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. Avic Aviation High-Technology Co's current ROE % of 12.86% is 119.5% 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 Avic Aviation High-Technology Co and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avic Aviation High-Technology Co's current ROE % is 12.86%, which is near median its own 10-year median of 13.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avic Aviation High-Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Avic Aviation High-Technology Co (SHSE:600862) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.32, compared to a current price of ¥18.76 — trading 12% below its estimated fair value. The current ROE % is 12.86%, which is near median its 10-year median of 13.33 and 119.5% above the Industrial Products industry median of 5.86. Avic Aviation High-Technology Co's overall GF Score™ is 71/100 with 1 warning sign 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 Avic Aviation High-Technology Co (SHSE:600862), the current ROE % is 12.86% 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 Avic Aviation High-Technology Co (SHSE:600862) Overvalued in 2026?

Based on GuruFocus' analysis, Avic Aviation High-Technology Co stock appears to be undervalued. The current stock price of ¥18.76 is trading 12% below its estimated GF Value™ of ¥21.32. GuruFocus considers Avic Aviation High-Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:600862:

  • ROE %: 12.86% (near median its 10-year median of 13.33)
  • GF Value™: ¥21.32 vs. price of ¥18.76 (12% below fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 119.5% above the Industrial Products median (#730 of 3001)

No single metric tells the full story. See the SHSE:600862 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avic Aviation High-Technology Co Business Description

Address No. 1 YongHe Road, Gangzha District, Jiangsu Province, Nantong, CHN, 226011
Avic Aviation High-Technology Co Ltd is mainly engaged in the research and development of new aviation materials and the development and manufacture of high-end intelligent equipment in China.
71GF Score

Get the complete analysis for SHSE:600862

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

¥18.76
Price
¥21.32
GF Value