Grace Fabric Technology Co (SHSE:603256) ROE %: 25.37% (As of Mar. 2026) — 206% Above Median

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SHSE:603256 Grace Fabric Technology Co Ltd SHSE:603256
66 GF Score
Price ¥139.07
GF Value ¥20.91
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Grace Fabric Technology Co ROE %?

Grace Fabric Technology Co SHSE:603256 -6.44% 66 ROE % is 25.37% as of Mar. 2026, which is 206% above its 10-year median of 8.30. GuruFocus rates SHSE:603256 with a GF Score™ of 66/100 and a GF Value™ of ¥20.91 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,582 Chemicals companies, Grace Fabric Technology Co ranks better than 89.57% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Grace Fabric Technology Co's annualized net income for the quarter that ended in Mar. 2026 was ¥561 Mil. Grace Fabric Technology Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥2,211 Mil. Therefore, Grace Fabric Technology Co's annualized ROE % for the quarter that ended in Mar. 2026 was 25.37%.

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

SHSE:603256' s ROE % Range Over the Past 10 Years
Min: -4.3   Med: 8.3   Max: 17.66
Current: 17.24

During the past 12 years, Grace Fabric Technology Co's highest ROE % was 17.66%. The lowest was -4.30%. And the median was 8.30%.

SHSE:603256's ROE % is ranked better than
89.57% of 1582 companies
in the Chemicals industry
Industry Median: 5.265 vs SHSE:603256: 17.24

Grace Fabric Technology Co  (SHSE:603256) 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
=560.924/2210.736
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(560.924 / 1768.4)*(1768.4 / 3892.4095)*(3892.4095 / 2210.736)
=Net Margin %*Asset Turnover*Equity Multiplier
=31.72 %*0.4543*1.7607
=ROA %*Equity Multiplier
=14.41 %*1.7607
=25.37 %

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
=560.924/2210.736
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (560.924 / 668.456) * (668.456 / 705.088) * (705.088 / 1768.4) * (1768.4 / 3892.4095) * (3892.4095 / 2210.736)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8391 * 0.948 * 39.87 % * 0.4543 * 1.7607
=25.37 %

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.


Grace Fabric Technology Co ROE % Related Terms


Grace Fabric Technology Co ROE % Historical Data

* Premium members only.

The historical data trend for Grace Fabric 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.

Grace Fabric Technology Co ROE % Chart

Grace Fabric Technology 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 8.25 3.45 -4.30 1.59 13.03

Grace Fabric 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 8.43 14.97 13.17 15.59 25.37

SHSE:603256 vs LIN, SHW, ECL: ROE % Comparison

For the Specialty Chemicals subindustry, Grace Fabric 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.


Grace Fabric Technology Co ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Grace Fabric Technology Co's ROE % distribution charts can be found below:

* The bar in red indicates where Grace Fabric Technology Co's ROE % falls into.


SHSE:603256
66GF Score
Grace Fabric Technology Co Ltd SHSE:603256
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Grace Fabric Technology Co ROE % Calculation

Grace Fabric 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 )
=201.913/( (1450.039+1649.889)/ 2 )
=201.913/1549.964
=13.03 %

Grace Fabric 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 )
=560.924/( (1649.889+2771.583)/ 2 )
=560.924/2210.736
=25.37 %

* 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 25.37% mean?
Grace Fabric Technology Co (SHSE:603256) has a ROE % of 25.37% 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 Grace Fabric Technology Co and its competitors. This is 206% above median its historical median of 8.30. According to the industry distribution chart, Grace Fabric Technology Co ranks #165 out of 1582 companies in the Chemicals industry, placing it in the top 10.4%.
Is Grace Fabric Technology Co's ROE % too high?
Grace Fabric Technology Co's current ROE % of 25.37% is 206% above median its 10-year median of 8.30. The Chemicals industry median ROE % is 5.27. Grace Fabric Technology Co's value of 25.37% is 381.9% above this industry median. Based on the distribution chart, Grace Fabric Technology Co ranks #165 out of 1582 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Grace Fabric Technology Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grace Fabric Technology Co's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Grace Fabric Technology Co ranks #165 out of 1582 companies for ROE %. This places Grace Fabric Technology Co in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 5.27. Grace Fabric Technology Co's value of 25.37% is 381.9% above this benchmark. While the company's 10-year median is 8.30 vs. the industry median of 5.27, Grace Fabric 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 Chemicals company?
The median ROE % among Chemicals companies is 5.27, based on 1,582 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. Grace Fabric Technology Co's current ROE % of 25.37% is 381.9% 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 Grace Fabric Technology Co and its competitors. For the Chemicals industry, the median ROE % is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grace Fabric Technology Co's current ROE % is 25.37%, which is 206% above median its own 10-year median of 8.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grace Fabric Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Grace Fabric Technology Co (SHSE:603256) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥20.91, compared to a current price of ¥139.07 — trading 565.1% above its estimated fair value. The current ROE % is 25.37%, which is 206% above median its 10-year median of 8.30 and 381.9% above the Chemicals industry median of 5.27. Grace Fabric Technology Co's overall GF Score™ is 66/100 with 6 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 Grace Fabric Technology Co (SHSE:603256), the current ROE % is 25.37% 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 Grace Fabric Technology Co (SHSE:603256) Overvalued in 2026?

Based on GuruFocus' analysis, Grace Fabric Technology Co stock appears to be overvalued. The current stock price of ¥139.07 is trading 565.1% above its estimated GF Value™ of ¥20.91. GuruFocus considers Grace Fabric Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603256:

  • ROE %: 25.37% (206% above median its 10-year median of 8.30)
  • GF Value™: ¥20.91 vs. price of ¥139.07 (565.1% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 381.9% above the Chemicals median (#165 of 1582)

No single metric tells the full story. See the SHSE:603256 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grace Fabric Technology Co Business Description

Address 123 Xiuyan Road, Kangqiao Industrial Zone, Pudong, Shanghai, CHN, 20315
Grace Fabric Technology Co Ltd is mainly engaged in the research and development, production and sales of electronic grade glass fiber cloth. The company's main products are high-end electronic grade glass fiber cloth products, mainly including ultra-thin, ultra-thin, thin electronic grade fiberglass cloth.
66GF Score

Get the complete analysis for SHSE:603256

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

¥139.07
Price
¥20.91
GF Value