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SHSE:603124's ROE % is ranked better than 85.31% of 2390
companies
in the Metals & Mining industry
Industry Median: -16.405
vs SHSE:603124: 14.43
Jiangxi Jiangnan New Material Technology Co (SHSE:603124) 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.
Jiangxi Jiangnan New Material Technology Co ROE % Related Terms
Jiangxi Jiangnan New Material Technology 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.
Jiangxi Jiangnan New Material Technology Co ROE % Chart
Jiangxi Jiangnan New Material Technology Co Annual Data
* 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.
Jiangxi Jiangnan New Material Technology Co ROE % vs Metals & Mining Industry
* 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.
Jiangxi Jiangnan New Material Technology Co (SHSE:603124) has a ROE % of 16.55% 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 Jiangxi Jiangnan New Material Technology Co and its competitors. This is 19% above median its historical median of 13.93. Over the past decade, Jiangxi Jiangnan New Material Technology Co's ROE % has ranged from 10.76 to 22.06. According to the industry distribution chart, Jiangxi Jiangnan New Material Technology Co ranks #351 out of 2390 companies in the Metals & Mining industry, placing it in the top 14.7%.
Is Jiangxi Jiangnan New Material Technology Co's ROE % too high?
Jiangxi Jiangnan New Material Technology Co's current ROE % of 16.55% is 19% above median its 10-year median of 13.93. Over the past 10 years, this metric has ranged from a low of 10.76 to a high of 22.06. Based on the distribution chart, Jiangxi Jiangnan New Material Technology Co ranks #351 out of 2390 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangxi Jiangnan New Material Technology Co has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Jiangnan New Material Technology Co's ROE % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Jiangxi Jiangnan New Material Technology Co ranks #351 out of 2390 companies for ROE %. This places Jiangxi Jiangnan New Material Technology Co in the top 15% of its industry — outperforming the majority of peers. Historically, Jiangxi Jiangnan New Material Technology Co's own ROE % has ranged from 10.76 to 22.06 over the past decade. 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 Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Jiangxi Jiangnan New Material Technology Co and its competitors. Jiangxi Jiangnan New Material Technology Co's current ROE % is 16.55%, which is 19% above median its own 10-year median of 13.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Jiangnan New Material Technology Co stock overvalued right now?
Jiangxi Jiangnan New Material Technology Co (SHSE:603124) has a current ROE % of 16.55%. The current ROE % is 16.55%, which is 19% above median its 10-year median of 13.93. Jiangxi Jiangnan New Material Technology Co's overall GF Score™ is 39/100 with 8 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 Jiangxi Jiangnan New Material Technology Co (SHSE:603124), the current ROE % is 16.55% 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.
Jiangxi Jiangnan New Material Technology Co Business Description
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