Shanghai Bolex Food Technology Co (SHSE:603170) ROE %: 17.31% (As of Mar. 2026) — 33% Below Median


SHSE:603170 Shanghai Bolex Food Technology Co Ltd SHSE:603170
91 GF Score
Price ¥11.82
GF Value ¥16.34
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Shanghai Bolex Food Technology Co ROE %?

Shanghai Bolex Food Technology Co SHSE:603170 +0.77% 91 ROE % is 17.31% as of Mar. 2026, which is 33% below its 10-year median of 25.86. GuruFocus rates SHSE:603170 with a GF Score™ of 91/100 and a GF Value™ of ¥16.34 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,913 Consumer Packaged Goods companies, Shanghai Bolex Food Technology Co ranks better than 83.95% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shanghai Bolex Food Technology Co's annualized net income for the quarter that ended in Mar. 2026 was ¥262 Mil. Shanghai Bolex Food Technology Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥1,515 Mil. Therefore, Shanghai Bolex Food Technology Co's annualized ROE % for the quarter that ended in Mar. 2026 was 17.31%.

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

SHSE:603170' s ROE % Range Over the Past 10 Years
Min: 17.1   Med: 25.86   Max: 37.56
Current: 18.57

During the past 8 years, Shanghai Bolex Food Technology Co's highest ROE % was 37.56%. The lowest was 17.10%. And the median was 25.86%.

SHSE:603170's ROE % is ranked better than
83.95% of 1913 companies
in the Consumer Packaged Goods industry
Industry Median: 6.73 vs SHSE:603170: 18.57

Shanghai Bolex Food Technology Co  (SHSE:603170) 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
=262.312/1515.031
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(262.312 / 3103.844)*(3103.844 / 2312.5565)*(2312.5565 / 1515.031)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.45 %*1.3422*1.5264
=ROA %*Equity Multiplier
=11.34 %*1.5264
=17.31 %

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
=262.312/1515.031
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (262.312 / 364.584) * (364.584 / 364.916) * (364.916 / 3103.844) * (3103.844 / 2312.5565) * (2312.5565 / 1515.031)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7195 * 0.9991 * 11.76 % * 1.3422 * 1.5264
=17.31 %

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.


Shanghai Bolex Food Technology Co ROE % Related Terms


Shanghai Bolex Food Technology Co ROE % Historical Data

* Premium members only.

The historical data trend for Shanghai Bolex Food Technology 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.

Shanghai Bolex Food Technology Co ROE % Chart

Shanghai Bolex Food Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 32.69 24.19 24.27 17.10 18.38

Shanghai Bolex Food Technology 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 16.59 16.53 21.46 19.56 17.31

SHSE:603170 vs KHC, GIS: ROE % Comparison

For the Packaged Foods subindustry, Shanghai Bolex Food Technology 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.


Shanghai Bolex Food Technology Co ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Bolex Food Technology Co's ROE % distribution charts can be found below:

* The bar in red indicates where Shanghai Bolex Food Technology Co's ROE % falls into.


SHSE:603170
91GF Score
Shanghai Bolex Food Technology Co Ltd SHSE:603170
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Bolex Food Technology Co ROE % Calculation

Shanghai Bolex Food Technology 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 )
=262.601/( (1375.645+1482.242)/ 2 )
=262.601/1428.9435
=18.38 %

Shanghai Bolex Food Technology 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 )
=262.312/( (1482.242+1547.82)/ 2 )
=262.312/1515.031
=17.31 %

* 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 17.31% mean?
Shanghai Bolex Food Technology Co (SHSE:603170) has a ROE % of 17.31% 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 Shanghai Bolex Food Technology Co and its competitors. This is 33% below median its historical median of 25.86. Over the past decade, Shanghai Bolex Food Technology Co's ROE % has ranged from 17.10 to 37.56. According to the industry distribution chart, Shanghai Bolex Food Technology Co ranks #307 out of 1913 companies in the Consumer Packaged Goods industry, placing it in the top 16%.
Is Shanghai Bolex Food Technology Co's ROE % too high?
Shanghai Bolex Food Technology Co's current ROE % of 17.31% is 33% below median its 10-year median of 25.86. Over the past 10 years, this metric has ranged from a low of 17.10 to a high of 37.56. The Consumer Packaged Goods industry median ROE % is 6.73. Shanghai Bolex Food Technology Co's value of 17.31% is 157.2% above this industry median. Based on the distribution chart, Shanghai Bolex Food Technology Co ranks #307 out of 1913 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Bolex Food Technology Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Bolex Food Technology Co's ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shanghai Bolex Food Technology Co ranks #307 out of 1913 companies for ROE %. This places Shanghai Bolex Food Technology Co in the top 16% of its industry — outperforming the majority of peers. The industry median ROE % is 6.73. Shanghai Bolex Food Technology Co's value of 17.31% is 157.2% above this benchmark. Historically, Shanghai Bolex Food Technology Co's own ROE % has ranged from 17.10 to 37.56 over the past decade. While the company's 10-year median is 25.86 vs. the industry median of 6.73, Shanghai Bolex Food Technology 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.73, based on 1,913 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. Shanghai Bolex Food Technology Co's current ROE % of 17.31% is 157.2% 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 Shanghai Bolex Food Technology Co and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Bolex Food Technology Co's current ROE % is 17.31%, which is 33% below median its own 10-year median of 25.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Bolex Food Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Bolex Food Technology Co (SHSE:603170) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.34, compared to a current price of ¥11.82 — trading 27.7% below its estimated fair value. The current ROE % is 17.31%, which is 33% below median its 10-year median of 25.86 and 157.2% above the Consumer Packaged Goods industry median of 6.73. Shanghai Bolex Food Technology Co's overall GF Score™ is 91/100 with 2 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 Shanghai Bolex Food Technology Co (SHSE:603170), the current ROE % is 17.31% 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 Shanghai Bolex Food Technology Co (SHSE:603170) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Bolex Food Technology Co stock appears to be undervalued. The current stock price of ¥11.82 is trading 27.7% below its estimated GF Value™ of ¥16.34. GuruFocus considers Shanghai Bolex Food Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:603170:

  • ROE %: 17.31% (33% below median its 10-year median of 25.86)
  • GF Value™: ¥16.34 vs. price of ¥11.82 (27.7% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 157.2% above the Consumer Packaged Goods median (#307 of 1913)

No single metric tells the full story. See the SHSE:603170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Bolex Food Technology Co Business Description

Address No. 6088 Shenzhuan Road, Building 2, Dongjing Town, Songjiang District, Shanghai, CHN, 201613
Shanghai Bolex Food Technology Co Ltd is engaged in the research and development, production, and technical services of food seasonings. The main products include compound seasonings, light cooking solutions, and beverage and dessert ingredients.
91GF Score

Get the complete analysis for SHSE:603170

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

¥11.82
Price
¥16.34
GF Value