SHSE:603191's ROE % is ranked worse than 64.74% of 3003
companies
in the Industrial Products industry
Industry Median: 5.86
vs SHSE:603191: 2.70
Chongqing Wangbian Electric (Group)Corp (SHSE:603191) 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.
Chongqing Wangbian Electric (Group)Corp ROE % Related Terms
Chongqing Wangbian Electric (Group)Corp 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.
Chongqing Wangbian Electric (Group)Corp ROE % Chart
Chongqing Wangbian Electric (Group)Corp Annual Data
For the Electrical Equipment & Parts subindustry, Chongqing Wangbian Electric (Group)Corp'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.
Chongqing Wangbian Electric (Group)Corp ROE % vs Industrial Products 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.
Chongqing Wangbian Electric (Group)Corp (SHSE:603191) has a ROE % of 1.97% 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 Chongqing Wangbian Electric (Group)Corp and its competitors. This is 86% below median its historical median of 13.96. Over the past decade, Chongqing Wangbian Electric (Group)Corp's ROE % has ranged from 2.70 to 17.66. According to the industry distribution chart, Chongqing Wangbian Electric (Group)Corp ranks #1944 out of 3003 companies in the Industrial Products industry, placing it in the top 64.7%.
Is Chongqing Wangbian Electric (Group)Corp's ROE % too high?
Chongqing Wangbian Electric (Group)Corp's current ROE % of 1.97% is 86% below median its 10-year median of 13.96. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 17.66. The Industrial Products industry median ROE % is 5.86. Chongqing Wangbian Electric (Group)Corp's value of 1.97% is 66.4% below this industry median. Based on the distribution chart, Chongqing Wangbian Electric (Group)Corp ranks #1944 out of 3003 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Chongqing Wangbian Electric (Group)Corp has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Wangbian Electric (Group)Corp's ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Chongqing Wangbian Electric (Group)Corp ranks #1944 out of 3003 companies for ROE %. This places Chongqing Wangbian Electric (Group)Corp in the lower half of its industry. The industry median ROE % is 5.86. Chongqing Wangbian Electric (Group)Corp's value of 1.97% is 66.4% below this benchmark. Historically, Chongqing Wangbian Electric (Group)Corp's own ROE % has ranged from 2.70 to 17.66 over the past decade. While the company's 10-year median is 13.96 vs. the industry median of 5.86, Chongqing Wangbian Electric (Group)Corp 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.86, based on 3,003 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. Chongqing Wangbian Electric (Group)Corp's current ROE % of 1.97% is 66.4% 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 Chongqing Wangbian Electric (Group)Corp and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Wangbian Electric (Group)Corp's current ROE % is 1.97%, which is 86% below median its own 10-year median of 13.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Wangbian Electric (Group)Corp stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Wangbian Electric (Group)Corp (SHSE:603191) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.89, compared to a current price of ¥15.79 — trading 27.9% below its estimated fair value. The current ROE % is 1.97%, which is 86% below median its 10-year median of 13.96 and 66.4% below the Industrial Products industry median of 5.86. Chongqing Wangbian Electric (Group)Corp's overall GF Score™ is 79/100 with 7 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 Chongqing Wangbian Electric (Group)Corp (SHSE:603191), the current ROE % is 1.97% 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 Chongqing Wangbian Electric (Group)Corp (SHSE:603191) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Wangbian Electric (Group)Corp stock appears to be undervalued.
The current stock price of ¥15.79 is trading 27.9% below its estimated GF Value™ of ¥21.89.
GuruFocus considers Chongqing Wangbian Electric (Group)Corp to be Modestly Undervalued.
Key valuation signals for SHSE:603191:
ROE %: 1.97% (86% below median its 10-year median of 13.96)
GF Value™: ¥21.89 vs. price of ¥15.79 (27.9% below fair value)
Industry Position: 66.4% below the Industrial Products median (#1944 of 3003)
No single metric tells the full story. See the SHSE:603191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Wangbian Electric (Group)Corp Business Description
Chongqing Wangbian Electric (Group)Corp Ltd is engaged in the research and development, production and sales of power transmission and distribution and control equipment and grain-oriented silicon steel.
79GF Score
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