YAPP Automotive Systems Co (SHSE:603013) ROE %: 14.16% (As of Mar. 2026) — Near Median

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SHSE:603013 YAPP Automotive Systems Co Ltd SHSE:603013
83 GF Score
Price ¥16.11
GF Value ¥18.84
Valuation Modestly Undervalued
! 1 Warning Sign
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What is YAPP Automotive Systems Co ROE %?

YAPP Automotive Systems Co SHSE:603013 +1.70% 83 ROE % is 14.16% as of Mar. 2026, which is 6% above its 10-year median of 13.36. GuruFocus rates SHSE:603013 with a GF Score™ of 83/100 and a GF Value™ of ¥18.84 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,304 Vehicles & Parts companies, YAPP Automotive Systems Co ranks better than 73.93% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. YAPP Automotive Systems Co's annualized net income for the quarter that ended in Mar. 2026 was ¥648 Mil. YAPP Automotive Systems Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥4,573 Mil. Therefore, YAPP Automotive Systems Co's annualized ROE % for the quarter that ended in Mar. 2026 was 14.16%.

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

SHSE:603013' s ROE % Range Over the Past 10 Years
Min: 11.96   Med: 13.36   Max: 17.85
Current: 12.48

During the past 13 years, YAPP Automotive Systems Co's highest ROE % was 17.85%. The lowest was 11.96%. And the median was 13.36%.

SHSE:603013's ROE % is ranked better than
73.93% of 1304 companies
in the Vehicles & Parts industry
Industry Median: 6.62 vs SHSE:603013: 12.48

YAPP Automotive Systems Co  (SHSE:603013) 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
=647.6/4573.1965
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(647.6 / 8785.748)*(8785.748 / 7498.7855)*(7498.7855 / 4573.1965)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.37 %*1.1716*1.6397
=ROA %*Equity Multiplier
=8.63 %*1.6397
=14.16 %

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
=647.6/4573.1965
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (647.6 / 843.188) * (843.188 / 837.928) * (837.928 / 8785.748) * (8785.748 / 7498.7855) * (7498.7855 / 4573.1965)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.768 * 1.0063 * 9.54 % * 1.1716 * 1.6397
=14.16 %

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.


YAPP Automotive Systems Co ROE % Related Terms


YAPP Automotive Systems Co ROE % Historical Data

* Premium members only.

The historical data trend for YAPP Automotive Systems 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.

YAPP Automotive Systems Co ROE % Chart

YAPP Automotive Systems 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 14.39 13.75 11.96 12.17 12.12

YAPP Automotive Systems 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 11.99 14.30 11.65 9.86 14.16

SHSE:603013 vs ORLY, AZO: ROE % Comparison

For the Auto Parts subindustry, YAPP Automotive Systems 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.


YAPP Automotive Systems Co ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, YAPP Automotive Systems Co's ROE % distribution charts can be found below:

* The bar in red indicates where YAPP Automotive Systems Co's ROE % falls into.


SHSE:603013
83GF Score
YAPP Automotive Systems Co Ltd SHSE:603013
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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YAPP Automotive Systems Co ROE % Calculation

YAPP Automotive Systems 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 )
=528.212/( (4204.577+4512.84)/ 2 )
=528.212/4358.7085
=12.12 %

YAPP Automotive Systems 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 )
=647.6/( (4512.84+4633.553)/ 2 )
=647.6/4573.1965
=14.16 %

* 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 14.16% mean?
YAPP Automotive Systems Co (SHSE:603013) has a ROE % of 14.16% 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 YAPP Automotive Systems Co and its competitors. This is near median its historical median of 13.36. Over the past decade, YAPP Automotive Systems Co's ROE % has ranged from 11.96 to 17.85. According to the industry distribution chart, YAPP Automotive Systems Co ranks #340 out of 1304 companies in the Vehicles & Parts industry, placing it in the top 26.1%.
Is YAPP Automotive Systems Co's ROE % too high?
YAPP Automotive Systems Co's current ROE % of 14.16% is near median its 10-year median of 13.36. Over the past 10 years, this metric has ranged from a low of 11.96 to a high of 17.85. The Vehicles & Parts industry median ROE % is 6.62. YAPP Automotive Systems Co's value of 14.16% is 113.9% above this industry median. Based on the distribution chart, YAPP Automotive Systems Co ranks #340 out of 1304 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, YAPP Automotive Systems Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does YAPP Automotive Systems Co's ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, YAPP Automotive Systems Co ranks #340 out of 1304 companies for ROE %. This puts YAPP Automotive Systems Co in the upper half of its industry. The industry median ROE % is 6.62. YAPP Automotive Systems Co's value of 14.16% is 113.9% above this benchmark. Historically, YAPP Automotive Systems Co's own ROE % has ranged from 11.96 to 17.85 over the past decade. While the company's 10-year median is 13.36 vs. the industry median of 6.62, YAPP Automotive Systems 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 Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.62, based on 1,304 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. YAPP Automotive Systems Co's current ROE % of 14.16% is 113.9% 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 YAPP Automotive Systems Co and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YAPP Automotive Systems Co's current ROE % is 14.16%, which is near median its own 10-year median of 13.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YAPP Automotive Systems Co stock overvalued right now?
Based on GuruFocus' analysis, YAPP Automotive Systems Co (SHSE:603013) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.84, compared to a current price of ¥16.11 — trading 14.5% below its estimated fair value. The current ROE % is 14.16%, which is near median its 10-year median of 13.36 and 113.9% above the Vehicles & Parts industry median of 6.62. YAPP Automotive Systems Co's overall GF Score™ is 83/100 with 1 warning sign 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 YAPP Automotive Systems Co (SHSE:603013), the current ROE % is 14.16% 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 YAPP Automotive Systems Co (SHSE:603013) Overvalued in 2026?

Based on GuruFocus' analysis, YAPP Automotive Systems Co stock appears to be undervalued. The current stock price of ¥16.11 is trading 14.5% below its estimated GF Value™ of ¥18.84. GuruFocus considers YAPP Automotive Systems Co to be Modestly Undervalued.

Key valuation signals for SHSE:603013:

  • ROE %: 14.16% (near median its 10-year median of 13.36)
  • GF Value™: ¥18.84 vs. price of ¥16.11 (14.5% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 113.9% above the Vehicles & Parts median (#340 of 1304)

No single metric tells the full story. See the SHSE:603013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


YAPP Automotive Systems Co Business Description

Address No. 508 Yangzijiang South Road, Jiangsu, Yangzhou, CHN, 225009
YAPP Automotive Systems Co Ltd is engaged in Research & Development, manufacturing and marketing of automotive fuel systems, and the main products are plastic fuel tanks and filler pipe.
83GF Score

Get the complete analysis for SHSE:603013

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

¥16.11
Price
¥18.84
GF Value