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SHSE:603201'
s ROE % Range Over the Past 10 Years
Min: 11.34 Med: 22.6 Max: 37.54
Current: 11.34
During the past 8 years, Changshu Tongrun Auto Accessory Co's highest ROE % was 37.54%. The lowest was 11.34%. And the median was 22.60%.
SHSE:603201's ROE % is ranked better than 69.37% of 1306
companies
in the Vehicles & Parts industry
Industry Median: 6.62
vs SHSE:603201: 11.34
Changshu Tongrun Auto Accessory Co (SHSE:603201) 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.
Changshu Tongrun Auto Accessory Co ROE % Related Terms
Changshu Tongrun Auto Accessory 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.
For the Auto Parts subindustry, Changshu Tongrun Auto Accessory 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.
Changshu Tongrun Auto Accessory Co ROE % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Changshu Tongrun Auto Accessory Co's ROE % distribution charts can be found below:
* The bar in red indicates where Changshu Tongrun Auto Accessory Co's ROE % falls into.
* 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.
Changshu Tongrun Auto Accessory Co (SHSE:603201) has a ROE % of 7.40% 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 Changshu Tongrun Auto Accessory Co and its competitors. This is 67% below median its historical median of 22.60. Over the past decade, Changshu Tongrun Auto Accessory Co's ROE % has ranged from 11.34 to 37.54. According to the industry distribution chart, Changshu Tongrun Auto Accessory Co ranks #400 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 30.6%.
Is Changshu Tongrun Auto Accessory Co's ROE % too high?
Changshu Tongrun Auto Accessory Co's current ROE % of 7.40% is 67% below median its 10-year median of 22.60. Over the past 10 years, this metric has ranged from a low of 11.34 to a high of 37.54. The Vehicles & Parts industry median ROE % is 6.62. Changshu Tongrun Auto Accessory Co's value of 7.40% is 11.8% above this industry median. Based on the distribution chart, Changshu Tongrun Auto Accessory Co ranks #400 out of 1306 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Changshu Tongrun Auto Accessory Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changshu Tongrun Auto Accessory Co's ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Changshu Tongrun Auto Accessory Co ranks #400 out of 1306 companies for ROE %. This puts Changshu Tongrun Auto Accessory Co in the upper half of its industry. The industry median ROE % is 6.62. Changshu Tongrun Auto Accessory Co's value of 7.40% is 11.8% above this benchmark. Historically, Changshu Tongrun Auto Accessory Co's own ROE % has ranged from 11.34 to 37.54 over the past decade. While the company's 10-year median is 22.60 vs. the industry median of 6.62, Changshu Tongrun Auto Accessory 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 1,306 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. Changshu Tongrun Auto Accessory Co's current ROE % of 7.40% is 11.8% 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 Changshu Tongrun Auto Accessory 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. Changshu Tongrun Auto Accessory Co's current ROE % is 7.40%, which is 67% below median its own 10-year median of 22.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changshu Tongrun Auto Accessory Co stock overvalued right now?
Based on GuruFocus' analysis, Changshu Tongrun Auto Accessory Co (SHSE:603201) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.84, compared to a current price of ¥17.83 — trading 10.1% below its estimated fair value. The current ROE % is 7.40%, which is 67% below median its 10-year median of 22.60 and 11.8% above the Vehicles & Parts industry median of 6.62. Changshu Tongrun Auto Accessory Co's overall GF Score™ is 82/100 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 Changshu Tongrun Auto Accessory Co (SHSE:603201), the current ROE % is 7.40% 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 Changshu Tongrun Auto Accessory Co (SHSE:603201) Overvalued in 2026?
Based on GuruFocus' analysis, Changshu Tongrun Auto Accessory Co stock appears to be undervalued.
The current stock price of ¥17.83 is trading 10.1% below its estimated GF Value™ of ¥19.84.
GuruFocus considers Changshu Tongrun Auto Accessory Co to be Modestly Undervalued.
Key valuation signals for SHSE:603201:
ROE %: 7.40% (67% below median its 10-year median of 22.60)
GF Value™: ¥19.84 vs. price of ¥17.83 (10.1% below fair value)
Industry Position: 11.8% above the Vehicles & Parts median (#400 of 1306)
No single metric tells the full story. See the SHSE:603201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changshu Tongrun Auto Accessory Co Business Description
Changshu Tongrun Auto Accessory Co Ltd is engaged in the research and development, manufacturing, and sales of various jacks and their extended products. The company's main products include commercial jacks, vehicle-mounted jacks, professional jacks, lifts, and other automotive maintenance equipment and tools.
82GF Score
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