Jingjin Equipment (SHSE:603279) ROE %: 10.78% (As of Mar. 2026) — 40% Below Median

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SHSE:603279 Jingjin Equipment Inc SHSE:603279
90 GF Score
Price ¥13.06
GF Value ¥18.36
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Jingjin Equipment ROE %?

Jingjin Equipment SHSE:603279 -2.90% 90 ROE % is 10.78% as of Mar. 2026, which is 40% below its 10-year median of 17.94. GuruFocus rates SHSE:603279 with a GF Score™ of 90/100 and a GF Value™ of ¥18.36 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 3,004 Industrial Products companies, Jingjin Equipment ranks better than 68.91% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Jingjin Equipment's annualized net income for the quarter that ended in Mar. 2026 was ¥494 Mil. Jingjin Equipment's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥4,580 Mil. Therefore, Jingjin Equipment's annualized ROE % for the quarter that ended in Mar. 2026 was 10.78%.

The historical rank and industry rank for Jingjin Equipment's ROE % or its related term are showing as below:

SHSE:603279' s ROE % Range Over the Past 10 Years
Min: 10.17   Med: 17.94   Max: 23.56
Current: 10.32

During the past 13 years, Jingjin Equipment's highest ROE % was 23.56%. The lowest was 10.17%. And the median was 17.94%.

SHSE:603279's ROE % is ranked better than
68.91% of 3004 companies
in the Industrial Products industry
Industry Median: 5.95 vs SHSE:603279: 10.32

Jingjin Equipment  (SHSE:603279) 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
=493.864/4580.1995
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(493.864 / 5426.14)*(5426.14 / 8712.7985)*(8712.7985 / 4580.1995)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.1 %*0.6228*1.9023
=ROA %*Equity Multiplier
=5.67 %*1.9023
=10.78 %

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
=493.864/4580.1995
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (493.864 / 658.484) * (658.484 / 705.092) * (705.092 / 5426.14) * (5426.14 / 8712.7985) * (8712.7985 / 4580.1995)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.75 * 0.9339 * 12.99 % * 0.6228 * 1.9023
=10.78 %

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.


Jingjin Equipment ROE % Related Terms


Jingjin Equipment ROE % Historical Data

* Premium members only.

The historical data trend for Jingjin Equipment'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.

Jingjin Equipment ROE % Chart

Jingjin Equipment 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 20.41 22.59 23.56 18.84 11.59

Jingjin Equipment 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 14.67 13.94 9.21 7.37 10.78

SHSE:603279 vs VLTO, ZWS, CECO: ROE % Comparison

For the Pollution & Treatment Controls subindustry, Jingjin Equipment'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.


Jingjin Equipment ROE % vs Industrial Products Industry

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

* The bar in red indicates where Jingjin Equipment's ROE % falls into.


SHSE:603279
90GF Score
Jingjin Equipment Inc SHSE:603279
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jingjin Equipment ROE % Calculation

Jingjin Equipment'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 )
=520.563/( (4464.089+4518.678)/ 2 )
=520.563/4491.3835
=11.59 %

Jingjin Equipment'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 )
=493.864/( (4518.678+4641.721)/ 2 )
=493.864/4580.1995
=10.78 %

* 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 10.78% mean?
Jingjin Equipment (SHSE:603279) has a ROE % of 10.78% 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 Jingjin Equipment and its competitors. This is 40% below median its historical median of 17.94. Over the past decade, Jingjin Equipment's ROE % has ranged from 10.17 to 23.56. According to the industry distribution chart, Jingjin Equipment ranks #934 out of 3004 companies in the Industrial Products industry, placing it in the top 31.1%.
Is Jingjin Equipment's ROE % too high?
Jingjin Equipment's current ROE % of 10.78% is 40% below median its 10-year median of 17.94. Over the past 10 years, this metric has ranged from a low of 10.17 to a high of 23.56. The Industrial Products industry median ROE % is 5.95. Jingjin Equipment's value of 10.78% is 81.2% above this industry median. Based on the distribution chart, Jingjin Equipment ranks #934 out of 3004 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Jingjin Equipment has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jingjin Equipment's ROE % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Jingjin Equipment ranks #934 out of 3004 companies for ROE %. This puts Jingjin Equipment in the upper half of its industry. The industry median ROE % is 5.95. Jingjin Equipment's value of 10.78% is 81.2% above this benchmark. Historically, Jingjin Equipment's own ROE % has ranged from 10.17 to 23.56 over the past decade. While the company's 10-year median is 17.94 vs. the industry median of 5.95, Jingjin Equipment 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 3,004 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. Jingjin Equipment's current ROE % of 10.78% is 81.2% 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 Jingjin Equipment 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. Jingjin Equipment's current ROE % is 10.78%, which is 40% below median its own 10-year median of 17.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jingjin Equipment stock overvalued right now?
Based on GuruFocus' analysis, Jingjin Equipment (SHSE:603279) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.36, compared to a current price of ¥13.06 — trading 28.9% below its estimated fair value. The current ROE % is 10.78%, which is 40% below median its 10-year median of 17.94 and 81.2% above the Industrial Products industry median of 5.95. Jingjin Equipment's overall GF Score™ is 90/100 with 8 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 Jingjin Equipment (SHSE:603279), the current ROE % is 10.78% 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 Jingjin Equipment (SHSE:603279) Overvalued in 2026?

Based on GuruFocus' analysis, Jingjin Equipment stock appears to be undervalued. The current stock price of ¥13.06 is trading 28.9% below its estimated GF Value™ of ¥18.36. GuruFocus considers Jingjin Equipment to be Modestly Undervalued.

Key valuation signals for SHSE:603279:

  • ROE %: 10.78% (40% below median its 10-year median of 17.94)
  • GF Value™: ¥18.36 vs. price of ¥13.06 (28.9% below fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 81.2% above the Industrial Products median (#934 of 3004)

No single metric tells the full story. See the SHSE:603279 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jingjin Equipment Business Description

Address North Head of Jinghua Road, Dezhou economic development zone, Shandong Province, Dezhou, CHN, 253034
Jingjin Equipment Inc is an environmental protection service provider of filter outfit production, filter technology overall plan solution and environment protection project contraction and operation. The comapny is engaged in the development of energy conservation and environment protection career, providing consumers by cost-effective products and professional quality service. Its products include pressure filter, vibrating centrifuge, blender, conveyor, automatic reagent feeder, double drive thickener, mud scraper, and cake breaker.
90GF Score

Get the complete analysis for SHSE:603279

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

¥13.06
Price
¥18.36
GF Value