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The historical rank and industry rank for Chongqing Gas Group's ROE % or its related term are showing as below:
SHSE:600917'
s ROE % Range Over the Past 10 Years
Min: 3.66 Med: 9.28 Max: 10.45
Current: 3.93
During the past 13 years, Chongqing Gas Group's highest ROE % was 10.45%. The lowest was 3.66%. And the median was 9.28%.
SHSE:600917's ROE % is ranked worse than 76.34% of 503
companies
in the Utilities - Regulated industry
Industry Median: 8.68
vs SHSE:600917: 3.93
Chongqing Gas Group (SHSE:600917) 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:
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.
Chongqing Gas Group ROE % Related Terms
Chongqing Gas Group ROE % Historical Data
* Premium members only.
The historical data trend for Chongqing Gas Group'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.
For the Utilities - Regulated Gas subindustry, Chongqing Gas Group'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.
Chongqing Gas Group ROE % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Chongqing Gas Group's ROE % distribution charts can be found below:
* The bar in red indicates where Chongqing Gas Group's ROE % falls into.
* 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.
Chongqing Gas Group (SHSE:600917) has a ROE % of -2.72% 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 Chongqing Gas Group and its competitors. Over the past decade, Chongqing Gas Group's ROE % has ranged from 3.66 to 10.45. According to the industry distribution chart, Chongqing Gas Group ranks #384 out of 503 companies in the Utilities - Regulated industry, placing it in the top 76.3%.
Is Chongqing Gas Group's ROE % too high?
Chongqing Gas Group's current ROE % is -2.72%. Over the past 10 years, this metric has ranged from a low of 3.66 to a high of 10.45. Based on the distribution chart, Chongqing Gas Group ranks #384 out of 503 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Chongqing Gas Group has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Gas Group's ROE % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Chongqing Gas Group ranks #384 out of 503 companies for ROE %. This places Chongqing Gas Group in the lower half of its industry. The industry median ROE % is 8.68. Historically, Chongqing Gas Group's own ROE % has ranged from 3.66 to 10.45 over the past decade. 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 Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.68, based on 503 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 Chongqing Gas Group and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Gas Group's current ROE % is -2.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Gas Group stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Gas Group (SHSE:600917) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.58, compared to a current price of ¥4.80 — trading 14% below its estimated fair value. The current ROE % is -2.72%. Chongqing Gas Group's overall GF Score™ is 67/100 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 Chongqing Gas Group (SHSE:600917), the current ROE % is -2.72% 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 Chongqing Gas Group (SHSE:600917) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Gas Group stock appears to be undervalued.
The current stock price of ¥4.80 is trading 14% below its estimated GF Value™ of ¥5.58.
GuruFocus considers Chongqing Gas Group to be Modestly Undervalued.
Key valuation signals for SHSE:600917:
ROE %: -2.72%
GF Value™: ¥5.58 vs. price of ¥4.80 (14% below fair value)
No single metric tells the full story. See the SHSE:600917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Gas Group Corporation Ltd engages in the design, manufacture, installation, maintenance, sale, management, and technical consultation of gas supply and pipe network in China. It also supplies, transport, storage, distributes, and sale gas. The company engages in the supply of heating, cooling, and cogeneration; pipe anti-corrosion processing; and gas appliance sales and other business operations.
67GF Score
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