Bank of Shanghai Co (SHSE:601229) ROE %: 9.76% (As of Mar. 2026) — 13% Below Median

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SHSE:601229 Bank of Shanghai Co Ltd SHSE:601229
51 GF Score
Price ¥9.08
GF Value ¥8.90
Valuation Fairly Valued
! 3 Warning Signs
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What is Bank of Shanghai Co ROE %?

Bank of Shanghai Co SHSE:601229 +0.55% 51 ROE % is 9.76% as of Mar. 2026, which is 13% below its 10-year median of 11.26. GuruFocus rates SHSE:601229 with a GF Score™ of 51/100 and a GF Value™ of ¥8.90 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,527 Banks companies, Bank of Shanghai Co ranks worse than 56.78% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bank of Shanghai Co's annualized net income for the quarter that ended in Mar. 2026 was ¥25,334 Mil. Bank of Shanghai Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥259,612 Mil. Therefore, Bank of Shanghai Co's annualized ROE % for the quarter that ended in Mar. 2026 was 9.76%.

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

SHSE:601229' s ROE % Range Over the Past 10 Years
Min: 9.31   Med: 11.26   Max: 13.75
Current: 9.31

During the past 13 years, Bank of Shanghai Co's highest ROE % was 13.75%. The lowest was 9.31%. And the median was 11.26%.

SHSE:601229's ROE % is ranked worse than
56.78% of 1527 companies
in the Banks industry
Industry Median: 10.27 vs SHSE:601229: 9.31

Bank of Shanghai Co  (SHSE:601229) 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
=25334.472/259612.428
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(25334.472 / 56597.56)*(56597.56 / 3343679.2765)*(3343679.2765 / 259612.428)
=Net Margin %*Asset Turnover*Equity Multiplier
=44.76 %*0.0169*12.8795
=ROA %*Equity Multiplier
=0.76 %*12.8795
=9.76 %

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
=25334.472/259612.428
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (25334.472 / 30860.652) * (30860.652 / 56597.56) * (56597.56 / 3343679.2765) * (3343679.2765 / 259612.428)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.8209 * 54.53 % * 0.0169 * 12.8795
=9.76 %

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.


Bank of Shanghai Co ROE % Related Terms


Bank of Shanghai Co ROE % Historical Data

* Premium members only.

The historical data trend for Bank of Shanghai 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.

Bank of Shanghai Co ROE % Chart

Bank of Shanghai 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 11.14 10.45 9.81 9.56 9.48

Bank of Shanghai 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 9.81 10.63 7.40 9.48 9.76

Bank of Shanghai Co ROE % Competitor Comparison

For the Banks - Regional subindustry, Bank of Shanghai 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.


Bank of Shanghai Co ROE % vs Banks Industry

For the Banks industry and Financial Services sector, Bank of Shanghai Co's ROE % distribution charts can be found below:

* The bar in red indicates where Bank of Shanghai Co's ROE % falls into.


SHSE:601229
51GF Score
Bank of Shanghai Co Ltd SHSE:601229
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank of Shanghai Co ROE % Calculation

Bank of Shanghai 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 )
=24193.414/( (254193.213+256200.451)/ 2 )
=24193.414/255196.832
=9.48 %

Bank of Shanghai 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 )
=25334.472/( (256200.451+263024.405)/ 2 )
=25334.472/259612.428
=9.76 %

* 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 9.76% mean?
Bank of Shanghai Co (SHSE:601229) has a ROE % of 9.76% 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 Bank of Shanghai Co and its competitors. This is 13% below median its historical median of 11.26. Over the past decade, Bank of Shanghai Co's ROE % has ranged from 9.31 to 13.75. According to the industry distribution chart, Bank of Shanghai Co ranks #867 out of 1527 companies in the Banks industry, placing it in the top 56.8%.
Is Bank of Shanghai Co's ROE % too high?
Bank of Shanghai Co's current ROE % of 9.76% is 13% below median its 10-year median of 11.26. Over the past 10 years, this metric has ranged from a low of 9.31 to a high of 13.75. The Banks industry median ROE % is 10.27. Bank of Shanghai Co's value of 9.76% is 5% below this industry median. Based on the distribution chart, Bank of Shanghai Co ranks #867 out of 1527 companies in the Banks industry, which is below the industry midpoint. Overall, Bank of Shanghai Co has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bank of Shanghai Co's ROE % compare to competitors?
According to the Banks industry distribution chart, Bank of Shanghai Co ranks #867 out of 1527 companies for ROE %. This places Bank of Shanghai Co in the lower half of its industry. The industry median ROE % is 10.27. Bank of Shanghai Co's value of 9.76% is 5% below this benchmark. Historically, Bank of Shanghai Co's own ROE % has ranged from 9.31 to 13.75 over the past decade. While the company's 10-year median is 11.26 vs. the industry median of 10.27, Bank of Shanghai 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 Banks company?
The median ROE % among Banks companies is 10.27, based on 1,527 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. Bank of Shanghai Co's current ROE % of 9.76% is 5% 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 Bank of Shanghai Co and its competitors. For the Banks industry, the median ROE % is 10.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Shanghai Co's current ROE % is 9.76%, which is 13% below median its own 10-year median of 11.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Shanghai Co stock overvalued right now?
Based on GuruFocus' analysis, Bank of Shanghai Co (SHSE:601229) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.90, compared to a current price of ¥9.08 — trading 2% above its estimated fair value. The current ROE % is 9.76%, which is 13% below median its 10-year median of 11.26 and 5% below the Banks industry median of 10.27. Bank of Shanghai Co's overall GF Score™ is 51/100 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 Bank of Shanghai Co (SHSE:601229), the current ROE % is 9.76% 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 Bank of Shanghai Co (SHSE:601229) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Shanghai Co stock appears to be overvalued. The current stock price of ¥9.08 is trading 2% above its estimated GF Value™ of ¥8.90. GuruFocus considers Bank of Shanghai Co to be Fairly Valued.

Key valuation signals for SHSE:601229:

  • ROE %: 9.76% (13% below median its 10-year median of 11.26)
  • GF Value™: ¥8.90 vs. price of ¥9.08 (2% above fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 5% below the Banks median (#867 of 1527)

No single metric tells the full story. See the SHSE:601229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bank of Shanghai Co Business Description

Address No. 168, Yincheng Middle Road, Pudong New District, Shanghai, CHN, 200120
Bank of Shanghai Co Ltd is a commercial banking company. It is mainly involved in providing banking and financial services such as Corporate banking, Retail banking, Treasury business, and others. The Bank conducts its business through three segments. The Wholesale Financial Business segment serves corporate clients, government agencies, and peer institutions with loans, deposits, trade finance, settlements, investment banking, asset custody, interbank transactions, financial market operations, and equity investments. The Retail Financial Business segment offers individuals loans, deposits, wealth management, remittances, securities agency, and bank card services. The Other Business segment covers mobile and corporate online banking as well as other related services.
51GF Score

Get the complete analysis for SHSE:601229

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

¥9.08
Price
¥8.90
GF Value