Tongkun Group Co (SHSE:601233) ROE %: 19.33% (As of Mar. 2026) — 53% Above Median

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SHSE:601233 Tongkun Group Co Ltd SHSE:601233
72 GF Score
Price ¥22.29
GF Value ¥16.87
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Tongkun Group Co ROE %?

Tongkun Group Co SHSE:601233 +5.14% 72 ROE % is 19.33% as of Mar. 2026, which is 53% above its 10-year median of 12.66. GuruFocus rates SHSE:601233 with a GF Score™ of 72/100 and a GF Value™ of ¥16.87 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, Tongkun Group Co ranks better than 69.14% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tongkun Group Co's annualized net income for the quarter that ended in Mar. 2026 was ¥7,591 Mil. Tongkun Group Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥39,273 Mil. Therefore, Tongkun Group Co's annualized ROE % for the quarter that ended in Mar. 2026 was 19.33%.

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

SHSE:601233' s ROE % Range Over the Past 10 Years
Min: 0.35   Med: 12.66   Max: 24.19
Current: 8.68

During the past 13 years, Tongkun Group Co's highest ROE % was 24.19%. The lowest was 0.35%. And the median was 12.66%.

SHSE:601233's ROE % is ranked better than
69.14% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.04 vs SHSE:601233: 8.68

Tongkun Group Co  (SHSE:601233) 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
=7590.724/39272.944
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7590.724 / 93445.668)*(93445.668 / 117205.536)*(117205.536 / 39272.944)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.12 %*0.7973*2.9844
=ROA %*Equity Multiplier
=6.47 %*2.9844
=19.33 %

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
=7590.724/39272.944
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (7590.724 / 8568.028) * (8568.028 / 5431.148) * (5431.148 / 93445.668) * (93445.668 / 117205.536) * (117205.536 / 39272.944)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8859 * 1.5776 * 5.81 % * 0.7973 * 2.9844
=19.33 %

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.


Tongkun Group Co ROE % Related Terms


Tongkun Group Co ROE % Historical Data

* Premium members only.

The historical data trend for Tongkun Group 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.

Tongkun Group Co ROE % Chart

Tongkun Group 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 24.19 0.35 2.27 3.34 5.43

Tongkun Group 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 6.63 5.20 4.79 5.08 19.33

SHSE:601233 vs AIN: ROE % Comparison

For the Textile Manufacturing subindustry, Tongkun 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.


Tongkun Group Co ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tongkun Group Co's ROE % distribution charts can be found below:

* The bar in red indicates where Tongkun Group Co's ROE % falls into.


SHSE:601233
72GF Score
Tongkun Group Co Ltd SHSE:601233
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongkun Group Co ROE % Calculation

Tongkun Group 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 )
=2032.802/( (36540.737+38324.753)/ 2 )
=2032.802/37432.745
=5.43 %

Tongkun Group 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 )
=7590.724/( (38324.753+40221.135)/ 2 )
=7590.724/39272.944
=19.33 %

* 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 19.33% mean?
Tongkun Group Co (SHSE:601233) has a ROE % of 19.33% 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 Tongkun Group Co and its competitors. This is 53% above median its historical median of 12.66. Over the past decade, Tongkun Group Co's ROE % has ranged from 0.35 to 24.19. According to the industry distribution chart, Tongkun Group Co ranks #316 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 30.9%.
Is Tongkun Group Co's ROE % too high?
Tongkun Group Co's current ROE % of 19.33% is 53% above median its 10-year median of 12.66. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 24.19. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. Tongkun Group Co's value of 19.33% is 378.5% above this industry median. Based on the distribution chart, Tongkun Group Co ranks #316 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Tongkun Group Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tongkun Group Co's ROE % compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tongkun Group Co ranks #316 out of 1024 companies for ROE %. This puts Tongkun Group Co in the upper half of its industry. The industry median ROE % is 4.04. Tongkun Group Co's value of 19.33% is 378.5% above this benchmark. Historically, Tongkun Group Co's own ROE % has ranged from 0.35 to 24.19 over the past decade. While the company's 10-year median is 12.66 vs. the industry median of 4.04, Tongkun 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,024 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. Tongkun Group Co's current ROE % of 19.33% is 378.5% 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 Tongkun Group Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongkun Group Co's current ROE % is 19.33%, which is 53% above median its own 10-year median of 12.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongkun Group Co stock overvalued right now?
Based on GuruFocus' analysis, Tongkun Group Co (SHSE:601233) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥16.87, compared to a current price of ¥22.29 — trading 32.1% above its estimated fair value. The current ROE % is 19.33%, which is 53% above median its 10-year median of 12.66 and 378.5% above the Manufacturing - Apparel & Accessories industry median of 4.04. Tongkun Group Co's overall GF Score™ is 72/100 with 10 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 Tongkun Group Co (SHSE:601233), the current ROE % is 19.33% 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 Tongkun Group Co (SHSE:601233) Overvalued in 2026?

Based on GuruFocus' analysis, Tongkun Group Co stock appears to be overvalued. The current stock price of ¥22.29 is trading 32.1% above its estimated GF Value™ of ¥16.87. GuruFocus considers Tongkun Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:601233:

  • ROE %: 19.33% (53% above median its 10-year median of 12.66)
  • GF Value™: ¥16.87 vs. price of ¥22.29 (32.1% above fair value)
  • GF Score™: 72/100 with 10 warning signs
  • Industry Position: 378.5% above the Manufacturing - Apparel & Accessories median (#316 of 1024)

No single metric tells the full story. See the SHSE:601233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tongkun Group Co Business Description

Address No. 518, Fenghuanghu Avenue, Wutong Street, Zhejiang Province, Tongxiang, CHN, 314500
Tongkun Group Co Ltd is a China-based company engaged in polyester and polyester filament yarn manufacturing. It offers various polyester filament yarns, such as a pre-oriented filament, draw textured yarns, polyester chips, and others under the GOLDENCOCK and Tong Kun brand names.
72GF Score

Get the complete analysis for SHSE:601233

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

¥22.29
Price
¥16.87
GF Value