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Hoshine Silicon Industry Co (SHSE:603260) 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.
* 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 Chemicals subindustry, Hoshine Silicon Industry 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.
Hoshine Silicon Industry Co ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Hoshine Silicon Industry Co's ROE % distribution charts can be found below:
* The bar in red indicates where Hoshine Silicon Industry 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.
Hoshine Silicon Industry Co (SHSE:603260) has a ROE % of 1.05% 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 Hoshine Silicon Industry Co and its competitors. This is 95% below median its historical median of 19.43. According to the industry distribution chart, Hoshine Silicon Industry Co ranks #1380 out of 1584 companies in the Chemicals industry, placing it in the top 87.1%.
Is Hoshine Silicon Industry Co's ROE % too high?
Hoshine Silicon Industry Co's current ROE % of 1.05% is 95% below median its 10-year median of 19.43. The Chemicals industry median ROE % is 5.38. Hoshine Silicon Industry Co's value of 1.05% is 80.5% below this industry median. Based on the distribution chart, Hoshine Silicon Industry Co ranks #1380 out of 1584 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Hoshine Silicon Industry Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoshine Silicon Industry Co's ROE % compare to DOW?
According to the Chemicals industry distribution chart, Hoshine Silicon Industry Co ranks #1380 out of 1584 companies for ROE %. This places Hoshine Silicon Industry Co in the lower half of its industry. The industry median ROE % is 5.38. Hoshine Silicon Industry Co's value of 1.05% is 80.5% below this benchmark. While the company's 10-year median is 19.43 vs. the industry median of 5.38, Hoshine Silicon Industry Co 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 a Chemicals company?
The median ROE % among Chemicals companies is 5.38, based on 1,584 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. Hoshine Silicon Industry Co's current ROE % of 1.05% is 80.5% 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 Hoshine Silicon Industry Co and its competitors. For the Chemicals industry, the median ROE % is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoshine Silicon Industry Co's current ROE % is 1.05%, which is 95% below median its own 10-year median of 19.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoshine Silicon Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hoshine Silicon Industry Co (SHSE:603260) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥46.63, compared to a current price of ¥33.54 — trading 28.1% below its estimated fair value. The current ROE % is 1.05%, which is 95% below median its 10-year median of 19.43 and 80.5% below the Chemicals industry median of 5.38. Hoshine Silicon Industry Co's overall GF Score™ is 75/100 with 10 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 Hoshine Silicon Industry Co (SHSE:603260), the current ROE % is 1.05% 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 Hoshine Silicon Industry Co (SHSE:603260) Overvalued in 2026?
Based on GuruFocus' analysis, Hoshine Silicon Industry Co stock appears to be undervalued.
The current stock price of ¥33.54 is trading 28.1% below its estimated GF Value™ of ¥46.63.
GuruFocus considers Hoshine Silicon Industry Co to be Modestly Undervalued.
Key valuation signals for SHSE:603260:
ROE %: 1.05% (95% below median its 10-year median of 19.43)
GF Value™: ¥46.63 vs. price of ¥33.54 (28.1% below fair value)
Industry Position: 80.5% below the Chemicals median (#1380 of 1584)
No single metric tells the full story. See the SHSE:603260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hoshine Silicon Industry Co Ltd is engaged in research and development, production, and sales of new silicon-based materials such as industrial silicon and organic silicon. The company's main products include industrial silicon and organosilicon, as well as polysilicon products.
75GF Score
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