Goneo Group Co (SHSE:603195) ROE %: 24.46% (As of Mar. 2026) — 19% Below Median

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SHSE:603195 Goneo Group Co Ltd SHSE:603195
95 GF Score
Price ¥41.73
GF Value ¥51.27
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Goneo Group Co ROE %?

Goneo Group Co SHSE:603195 -1.28% 95 ROE % is 24.46% as of Mar. 2026, which is 19% below its 10-year median of 30.17. GuruFocus rates SHSE:603195 with a GF Score™ of 95/100 and a GF Value™ of ¥51.27 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,005 Industrial Products companies, Goneo Group Co ranks better than 93.81% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Goneo Group Co's annualized net income for the quarter that ended in Mar. 2026 was ¥4,233 Mil. Goneo Group Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥17,307 Mil. Therefore, Goneo Group Co's annualized ROE % for the quarter that ended in Mar. 2026 was 24.46%.

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

SHSE:603195' s ROE % Range Over the Past 10 Years
Min: 24.92   Med: 30.17   Max: 69.6
Current: 25.38

During the past 11 years, Goneo Group Co's highest ROE % was 69.60%. The lowest was 24.92%. And the median was 30.17%.

SHSE:603195's ROE % is ranked better than
93.81% of 3005 companies
in the Industrial Products industry
Industry Median: 5.95 vs SHSE:603195: 25.38

Goneo Group Co  (SHSE:603195) 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
=4232.976/17306.9465
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4232.976 / 16240.884)*(16240.884 / 23466.18)*(23466.18 / 17306.9465)
=Net Margin %*Asset Turnover*Equity Multiplier
=26.06 %*0.6921*1.3559
=ROA %*Equity Multiplier
=18.04 %*1.3559
=24.46 %

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
=4232.976/17306.9465
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4232.976 / 5067.988) * (5067.988 / 4720.612) * (4720.612 / 16240.884) * (16240.884 / 23466.18) * (23466.18 / 17306.9465)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8352 * 1.0736 * 29.07 % * 0.6921 * 1.3559
=24.46 %

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.


Goneo Group Co ROE % Related Terms


Goneo Group Co ROE % Historical Data

* Premium members only.

The historical data trend for Goneo 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.

Goneo Group Co ROE % Chart

Goneo 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 27.95 27.54 28.83 28.19 24.92

Goneo 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 23.82 27.48 24.22 26.91 24.46

SHSE:603195 vs VRT, BE: ROE % Comparison

For the Electrical Equipment & Parts subindustry, Goneo 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.


Goneo Group Co ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goneo Group Co's ROE % distribution charts can be found below:

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


SHSE:603195
95GF Score
Goneo Group Co Ltd SHSE:603195
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Goneo Group Co ROE % Calculation

Goneo 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 )
=4070.633/( (15866.116+16797.615)/ 2 )
=4070.633/16331.8655
=24.92 %

Goneo 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 )
=4232.976/( (16797.615+17816.278)/ 2 )
=4232.976/17306.9465
=24.46 %

* 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 24.46% mean?
Goneo Group Co (SHSE:603195) has a ROE % of 24.46% 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 Goneo Group Co and its competitors. This is 19% below median its historical median of 30.17. Over the past decade, Goneo Group Co's ROE % has ranged from 24.92 to 69.60. According to the industry distribution chart, Goneo Group Co ranks #186 out of 3005 companies in the Industrial Products industry, placing it in the top 6.2%.
Is Goneo Group Co's ROE % too high?
Goneo Group Co's current ROE % of 24.46% is 19% below median its 10-year median of 30.17. Over the past 10 years, this metric has ranged from a low of 24.92 to a high of 69.60. The Industrial Products industry median ROE % is 5.95. Goneo Group Co's value of 24.46% is 311.1% above this industry median. Based on the distribution chart, Goneo Group Co ranks #186 out of 3005 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Goneo Group Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goneo Group Co's ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Goneo Group Co ranks #186 out of 3005 companies for ROE %. This places Goneo Group Co in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 5.95. Goneo Group Co's value of 24.46% is 311.1% above this benchmark. Historically, Goneo Group Co's own ROE % has ranged from 24.92 to 69.60 over the past decade. While the company's 10-year median is 30.17 vs. the industry median of 5.95, Goneo 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.95, based on 3,005 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. Goneo Group Co's current ROE % of 24.46% is 311.1% 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 Goneo Group Co and its competitors. For the Industrial Products industry, the median ROE % is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goneo Group Co's current ROE % is 24.46%, which is 19% below median its own 10-year median of 30.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goneo Group Co stock overvalued right now?
Based on GuruFocus' analysis, Goneo Group Co (SHSE:603195) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥51.27, compared to a current price of ¥41.73 — trading 18.6% below its estimated fair value. The current ROE % is 24.46%, which is 19% below median its 10-year median of 30.17 and 311.1% above the Industrial Products industry median of 5.95. Goneo Group Co's overall GF Score™ is 95/100 with 3 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 Goneo Group Co (SHSE:603195), the current ROE % is 24.46% 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 Goneo Group Co (SHSE:603195) Overvalued in 2026?

Based on GuruFocus' analysis, Goneo Group Co stock appears to be undervalued. The current stock price of ¥41.73 is trading 18.6% below its estimated GF Value™ of ¥51.27. GuruFocus considers Goneo Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:603195:

  • ROE %: 24.46% (19% below median its 10-year median of 30.17)
  • GF Value™: ¥51.27 vs. price of ¥41.73 (18.6% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 311.1% above the Industrial Products median (#186 of 3005)

No single metric tells the full story. See the SHSE:603195 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goneo Group Co Business Description

Address No. 3888, Yingang East Road, Tower A7, Qingpu District, Shanghai, CHN, 201703
Goneo Group Co Ltd is engaged in the research, development, manufacture, and sale of civil electrical products such as extended line sockets, wall switches, LED lighting, and digital accessories. The company's products include Power Strips, High-end Power Strip, USB Power Strip, Digital Accessories, Decorative Switch Socket, and Eye-care LED Light.
95GF Score

Get the complete analysis for SHSE:603195

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

¥41.73
Price
¥51.27
GF Value