Dongxing Securities Co (SHSE:601198) ROE %: 4.21% (As of Mar. 2026) — 35% Below Median

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SHSE:601198 Dongxing Securities Co Ltd SHSE:601198
54 GF Score
Price ¥13.70
GF Value ¥11.37
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Dongxing Securities Co ROE %?

Dongxing Securities Co SHSE:601198 -2.42% 54 ROE % is 4.21% as of Mar. 2026, which is 35% below its 10-year median of 6.49. GuruFocus rates SHSE:601198 with a GF Score™ of 54/100 and a GF Value™ of ¥11.37 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 792 Capital Markets companies, Dongxing Securities Co ranks better than 52.53% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dongxing Securities Co's annualized net income for the quarter that ended in Mar. 2026 was ¥1,413 Mil. Dongxing Securities Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥33,516 Mil. Therefore, Dongxing Securities Co's annualized ROE % for the quarter that ended in Mar. 2026 was 4.21%.

The historical rank and industry rank for Dongxing Securities Co's ROE % or its related term are showing as below:

SHSE:601198' s ROE % Range Over the Past 10 Years
Min: 1.96   Med: 6.49   Max: 8.48
Current: 6.72

During the past 13 years, Dongxing Securities Co's highest ROE % was 8.48%. The lowest was 1.96%. And the median was 6.49%.

SHSE:601198's ROE % is ranked better than
52.53% of 792 companies
in the Capital Markets industry
Industry Median: 6.035 vs SHSE:601198: 6.72

Dongxing Securities Co  (SHSE:601198) 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
=1412.628/33516.0945
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1412.628 / 3725.684)*(3725.684 / 117276.9605)*(117276.9605 / 33516.0945)
=Net Margin %*Asset Turnover*Equity Multiplier
=37.92 %*0.0318*3.4991
=ROA %*Equity Multiplier
=1.21 %*3.4991
=4.21 %

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
=1412.628/33516.0945
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1412.628 / 1840.04) * (1840.04 / 3725.684) * (3725.684 / 117276.9605) * (117276.9605 / 33516.0945)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.7677 * 49.39 % * 0.0318 * 3.4991
=4.21 %

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.


Dongxing Securities Co ROE % Related Terms


Dongxing Securities Co ROE % Historical Data

* Premium members only.

The historical data trend for Dongxing Securities 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.

Dongxing Securities Co ROE % Chart

Dongxing Securities 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 6.91 1.96 3.09 5.57 6.82

Dongxing Securities 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 5.34 6.09 10.63 6.40 4.21

SHSE:601198 vs MS, GS, SCHW: ROE % Comparison

For the Capital Markets subindustry, Dongxing Securities 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.


Dongxing Securities Co ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Dongxing Securities Co's ROE % distribution charts can be found below:

* The bar in red indicates where Dongxing Securities Co's ROE % falls into.


SHSE:601198
54GF Score
Dongxing Securities Co Ltd SHSE:601198
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dongxing Securities Co ROE % Calculation

Dongxing Securities 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 )
=2101.764/( (28351.519+33240.13)/ 2 )
=2101.764/30795.8245
=6.82 %

Dongxing Securities 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 )
=1412.628/( (33240.13+33792.059)/ 2 )
=1412.628/33516.0945
=4.21 %

* 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 4.21% mean?
Dongxing Securities Co (SHSE:601198) has a ROE % of 4.21% 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 Dongxing Securities Co and its competitors. This is 35% below median its historical median of 6.49. Over the past decade, Dongxing Securities Co's ROE % has ranged from 1.96 to 8.48. According to the industry distribution chart, Dongxing Securities Co ranks #376 out of 792 companies in the Capital Markets industry, placing it in the top 47.5%.
Is Dongxing Securities Co's ROE % too high?
Dongxing Securities Co's current ROE % of 4.21% is 35% below median its 10-year median of 6.49. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 8.48. The Capital Markets industry median ROE % is 6.04. Dongxing Securities Co's value of 4.21% is 30.2% below this industry median. Based on the distribution chart, Dongxing Securities Co ranks #376 out of 792 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Dongxing Securities Co has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dongxing Securities Co's ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, Dongxing Securities Co ranks #376 out of 792 companies for ROE %. This puts Dongxing Securities Co in the upper half of its industry. The industry median ROE % is 6.04. Dongxing Securities Co's value of 4.21% is 30.2% below this benchmark. Historically, Dongxing Securities Co's own ROE % has ranged from 1.96 to 8.48 over the past decade. While the company's 10-year median is 6.49 vs. the industry median of 6.04, Dongxing Securities Co has consistently been below 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 Capital Markets company?
The median ROE % among Capital Markets companies is 6.04, based on 792 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. Dongxing Securities Co's current ROE % of 4.21% is 30.2% below 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 Dongxing Securities Co and its competitors. For the Capital Markets industry, the median ROE % is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dongxing Securities Co's current ROE % is 4.21%, which is 35% below median its own 10-year median of 6.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dongxing Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Dongxing Securities Co (SHSE:601198) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥11.37, compared to a current price of ¥13.70 — trading 20.5% above its estimated fair value. The current ROE % is 4.21%, which is 35% below median its 10-year median of 6.49 and 30.2% below the Capital Markets industry median of 6.04. Dongxing Securities Co's overall GF Score™ is 54/100 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 Dongxing Securities Co (SHSE:601198), the current ROE % is 4.21% 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 Dongxing Securities Co (SHSE:601198) Overvalued in 2026?

Based on GuruFocus' analysis, Dongxing Securities Co stock appears to be overvalued. The current stock price of ¥13.70 is trading 20.5% above its estimated GF Value™ of ¥11.37. GuruFocus considers Dongxing Securities Co to be Modestly Overvalued.

Key valuation signals for SHSE:601198:

  • ROE %: 4.21% (35% below median its 10-year median of 6.49)
  • GF Value™: ¥11.37 vs. price of ¥13.70 (20.5% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 30.2% below the Capital Markets median (#376 of 792)

No single metric tells the full story. See the SHSE:601198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dongxing Securities Co Business Description

Address No. 5 Financial Street, 12th, 15th & 16th Floors, Block B, Xinsheng Building, Xicheng District, Beijing, CHN, 100033
Dongxing Securities Co Ltd is engaged in securities brokerage, securities investment consulting, financial consulting related to securities trading and securities investment activities, securities underwriting and sponsorship, securities investment fund sales, securities self-operation and securities asset management business, margin financing and securities lending business, and consignment of financial products.
54GF Score

Get the complete analysis for SHSE:601198

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

¥13.70
Price
¥11.37
GF Value