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Zhejiang Zhenshi New Materials CoSHSE:601112 -2.00%11 ROE % is 15.63% as of Mar. 2026, which is 45% below its 10-year median of 28.37. GuruFocus rates SHSE:601112 with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 3,001 Industrial Products companies, Zhejiang Zhenshi New Materials Co ranks better than 86.87% on this metric.
SHSE:601112'
s ROE % Range Over the Past 10 Years
Min: 17.54 Med: 28.37 Max: 34.48
Current: 17.54
During the past 4 years, Zhejiang Zhenshi New Materials Co's highest ROE % was 34.48%. The lowest was 17.54%. And the median was 28.37%.
SHSE:601112's ROE % is ranked better than 86.87% of 3001
companies
in the Industrial Products industry
Industry Median: 5.85
vs SHSE:601112: 17.54
Zhejiang Zhenshi New Materials Co (SHSE:601112) 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.
Zhejiang Zhenshi New Materials Co ROE % Related Terms
Zhejiang Zhenshi New Materials 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 Specialty Industrial Machinery subindustry, Zhejiang Zhenshi New Materials 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.
Zhejiang Zhenshi New Materials Co ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Zhenshi New Materials Co's ROE % distribution charts can be found below:
* The bar in red indicates where Zhejiang Zhenshi New Materials 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.
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a ROE % of 15.63% 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 Zhejiang Zhenshi New Materials Co and its competitors. This is 45% below median its historical median of 28.37. Over the past decade, Zhejiang Zhenshi New Materials Co's ROE % has ranged from 17.54 to 34.48. According to the industry distribution chart, Zhejiang Zhenshi New Materials Co ranks #394 out of 3001 companies in the Industrial Products industry, placing it in the top 13.1%.
Is Zhejiang Zhenshi New Materials Co's ROE % too high?
Zhejiang Zhenshi New Materials Co's current ROE % of 15.63% is 45% below median its 10-year median of 28.37. Over the past 10 years, this metric has ranged from a low of 17.54 to a high of 34.48. The Industrial Products industry median ROE % is 5.85. Zhejiang Zhenshi New Materials Co's value of 15.63% is 167.2% above this industry median. Based on the distribution chart, Zhejiang Zhenshi New Materials Co ranks #394 out of 3001 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Zhenshi New Materials Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zhenshi New Materials Co's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Zhenshi New Materials Co ranks #394 out of 3001 companies for ROE %. This places Zhejiang Zhenshi New Materials Co in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 5.85. Zhejiang Zhenshi New Materials Co's value of 15.63% is 167.2% above this benchmark. Historically, Zhejiang Zhenshi New Materials Co's own ROE % has ranged from 17.54 to 34.48 over the past decade. While the company's 10-year median is 28.37 vs. the industry median of 5.85, Zhejiang Zhenshi New Materials 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 5.85, 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. Zhejiang Zhenshi New Materials Co's current ROE % of 15.63% is 167.2% 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 Zhejiang Zhenshi New Materials Co and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Zhenshi New Materials Co's current ROE % is 15.63%, which is 45% below median its own 10-year median of 28.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zhenshi New Materials Co stock overvalued right now?
Zhejiang Zhenshi New Materials Co (SHSE:601112) has a current ROE % of 15.63%. The current ROE % is 15.63%, which is 45% below median its 10-year median of 28.37 and 167.2% above the Industrial Products industry median of 5.85. Zhejiang Zhenshi New Materials Co's overall GF Score™ is 11/100 with 3 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 Zhejiang Zhenshi New Materials Co (SHSE:601112), the current ROE % is 15.63% 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.
Zhejiang Zhenshi New Materials Co Business Description
Zhejiang Zhenshi New Materials Co Ltd is engaged in the research and development, production, and sale of fiber reinforcement materials for clean energy applications. Its activities include the manufacturing and sale of fiberglass, glass fiber reinforced plastic products, high-performance fibers and composites, as well as related power electronic components. The company specializes in the research and development, production and sales of high-performance fiber weaving, thermosetting and thermoplastic composite products. The products are used in new energy wind power, solar photovoltaic, new energy vehicles, transportation, building materials and home furnishings.
11GF Score
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