SHSE:603276's ROE % is ranked worse than 56.14% of 1580
companies
in the Chemicals industry
Industry Median: 5.195
vs SHSE:603276: 4.16
Jiangsu Hengxing New Material Technology Co (SHSE:603276) 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.
Jiangsu Hengxing New Material Technology Co ROE % Related Terms
Jiangsu Hengxing New Material Technology 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.
Jiangsu Hengxing New Material Technology Co ROE % Chart
Jiangsu Hengxing New Material Technology Co Annual Data
* 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.
Jiangsu Hengxing New Material Technology Co ROE % vs Chemicals 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.
Jiangsu Hengxing New Material Technology Co (SHSE:603276) has a ROE % of 5.82% 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 Jiangsu Hengxing New Material Technology Co and its competitors. This is 59% below median its historical median of 14.06. Over the past decade, Jiangsu Hengxing New Material Technology Co's ROE % has ranged from 1.99 to 23.21. According to the industry distribution chart, Jiangsu Hengxing New Material Technology Co ranks #887 out of 1580 companies in the Chemicals industry, placing it in the top 56.1%.
Is Jiangsu Hengxing New Material Technology Co's ROE % too high?
Jiangsu Hengxing New Material Technology Co's current ROE % of 5.82% is 59% below median its 10-year median of 14.06. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 23.21. The Chemicals industry median ROE % is 5.20. Jiangsu Hengxing New Material Technology Co's value of 5.82% is 12% above this industry median. Based on the distribution chart, Jiangsu Hengxing New Material Technology Co ranks #887 out of 1580 companies in the Chemicals industry, which is below the industry midpoint. Overall, Jiangsu Hengxing New Material Technology Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Hengxing New Material Technology Co's ROE % compare to DOW?
According to the Chemicals industry distribution chart, Jiangsu Hengxing New Material Technology Co ranks #887 out of 1580 companies for ROE %. This places Jiangsu Hengxing New Material Technology Co in the lower half of its industry. The industry median ROE % is 5.20. Jiangsu Hengxing New Material Technology Co's value of 5.82% is 12% above this benchmark. Historically, Jiangsu Hengxing New Material Technology Co's own ROE % has ranged from 1.99 to 23.21 over the past decade. While the company's 10-year median is 14.06 vs. the industry median of 5.20, Jiangsu Hengxing New Material 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 5.20, based on 1,580 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. Jiangsu Hengxing New Material Technology Co's current ROE % of 5.82% is 12% 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 Jiangsu Hengxing New Material Technology Co and its competitors. For the Chemicals industry, the median ROE % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Hengxing New Material Technology Co's current ROE % is 5.82%, which is 59% below median its own 10-year median of 14.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Hengxing New Material Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Hengxing New Material Technology Co (SHSE:603276) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.68, compared to a current price of ¥16.15 — trading 13.5% below its estimated fair value. The current ROE % is 5.82%, which is 59% below median its 10-year median of 14.06 and 12% above the Chemicals industry median of 5.20. Jiangsu Hengxing New Material Technology Co's overall GF Score™ is 64/100 with 5 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 Jiangsu Hengxing New Material Technology Co (SHSE:603276), the current ROE % is 5.82% 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 Jiangsu Hengxing New Material Technology Co (SHSE:603276) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Hengxing New Material Technology Co stock appears to be undervalued.
The current stock price of ¥16.15 is trading 13.5% below its estimated GF Value™ of ¥18.68.
GuruFocus considers Jiangsu Hengxing New Material Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:603276:
ROE %: 5.82% (59% below median its 10-year median of 14.06)
GF Value™: ¥18.68 vs. price of ¥16.15 (13.5% below fair value)
Industry Position: 12% above the Chemicals median (#887 of 1580)
No single metric tells the full story. See the SHSE:603276 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Hengxing New Material Technology Co Business Description
Jiangsu Hengxing New Material Technology Co Ltd is engaged in research & development, production, and sales of ketone, ester, and acid fine chemical products. Its products, categorized by composition, cover organic ketones, organic esters, organic acids, acid anhydrides, and fatty acid salts.
64GF Score
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