SHSE:600989'
s ROE % Range Over the Past 10 Years
Min: 15.54 Med: 20.03 Max: 29.39
Current: 26.57
During the past 13 years, Ningxia Baofeng Energy Group Co's highest ROE % was 29.39%. The lowest was 15.54%. And the median was 20.03%.
SHSE:600989's ROE % is ranked better than 96.47% of 1586
companies
in the Chemicals industry
Industry Median: 5.185
vs SHSE:600989: 26.57
Ningxia Baofeng Energy Group Co (SHSE:600989) 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.
Ningxia Baofeng Energy Group Co ROE % Related Terms
Ningxia Baofeng Energy Group Co ROE % Historical Data
* 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 Chemicals subindustry, Ningxia Baofeng Energy 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.
Ningxia Baofeng Energy Group Co ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ningxia Baofeng Energy Group Co's ROE % distribution charts can be found below:
* The bar in red indicates where Ningxia Baofeng Energy Group Co'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.
Ningxia Baofeng Energy Group Co (SHSE:600989) has a ROE % of 29.14% 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 Ningxia Baofeng Energy Group Co and its competitors. This is 45% above median its historical median of 20.03. Over the past decade, Ningxia Baofeng Energy Group Co's ROE % has ranged from 15.54 to 29.39. According to the industry distribution chart, Ningxia Baofeng Energy Group Co ranks #56 out of 1586 companies in the Chemicals industry, placing it in the top 3.5%.
Is Ningxia Baofeng Energy Group Co's ROE % too high?
Ningxia Baofeng Energy Group Co's current ROE % of 29.14% is 45% above median its 10-year median of 20.03. Over the past 10 years, this metric has ranged from a low of 15.54 to a high of 29.39. The Chemicals industry median ROE % is 5.19. Ningxia Baofeng Energy Group Co's value of 29.14% is 462% above this industry median. Based on the distribution chart, Ningxia Baofeng Energy Group Co ranks #56 out of 1586 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Ningxia Baofeng Energy Group Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningxia Baofeng Energy Group Co's ROE % compare to DOW?
According to the Chemicals industry distribution chart, Ningxia Baofeng Energy Group Co ranks #56 out of 1586 companies for ROE %. This places Ningxia Baofeng Energy Group Co in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 5.19. Ningxia Baofeng Energy Group Co's value of 29.14% is 462% above this benchmark. Historically, Ningxia Baofeng Energy Group Co's own ROE % has ranged from 15.54 to 29.39 over the past decade. While the company's 10-year median is 20.03 vs. the industry median of 5.19, Ningxia Baofeng Energy Group 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 Chemicals company?
The median ROE % among Chemicals companies is 5.19, based on 1,586 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. Ningxia Baofeng Energy Group Co's current ROE % of 29.14% is 462% 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 Ningxia Baofeng Energy Group Co and its competitors. For the Chemicals industry, the median ROE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningxia Baofeng Energy Group Co's current ROE % is 29.14%, which is 45% above median its own 10-year median of 20.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningxia Baofeng Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co (SHSE:600989) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥26.65, compared to a current price of ¥20.33 — trading 23.7% below its estimated fair value. The current ROE % is 29.14%, which is 45% above median its 10-year median of 20.03 and 462% above the Chemicals industry median of 5.19. Ningxia Baofeng Energy Group Co's overall GF Score™ is 94/100 with 4 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 Ningxia Baofeng Energy Group Co (SHSE:600989), the current ROE % is 29.14% 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 Ningxia Baofeng Energy Group Co (SHSE:600989) Overvalued in 2026?
Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co stock appears to be undervalued.
The current stock price of ¥20.33 is trading 23.7% below its estimated GF Value™ of ¥26.65.
GuruFocus considers Ningxia Baofeng Energy Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:600989:
ROE %: 29.14% (45% above median its 10-year median of 20.03)
GF Value™: ¥26.65 vs. price of ¥20.33 (23.7% below fair value)
Industry Position: 462% above the Chemicals median (#56 of 1586)
No single metric tells the full story. See the SHSE:600989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningxia Baofeng Energy Group Co Business Description
Ningxia Baofeng Energy Group Co Ltd is engaged in the production and sales of modern coal chemical products. The company operates through four segments. The Coking Products segment covers coal mining, washing, and coking activities. The Fine Chemical Products segment focuses on coal tar, crude benzene, and C4 deep-processed products. The Olefin Products segment is involved in the production of methanol and olefins. The Headquarters and Other Product segment manages investment, financing, and support services, alongside the activities of its commercial service companies. It generates the majority of its revenue from the Olefin Products segment.
94GF Score
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