Shanghai Unison Aluminium Products Co (SHSE:603418) ROE %: 9.01% (As of Mar. 2026) — 50% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603418 Shanghai Unison Aluminium Products Co Ltd SHSE:603418
44 GF Score
Price ¥43.31
! 5 Warning Signs
View Full Analysis

What is Shanghai Unison Aluminium Products Co ROE %?

Shanghai Unison Aluminium Products Co SHSE:603418 +1.52% 44 ROE % is 9.01% as of Mar. 2026, which is 50% below its 10-year median of 17.91. GuruFocus rates SHSE:603418 with a GF Score™ of 44/100. The stock has 5 warning signs investors should review. Among 1,304 Vehicles & Parts companies, Shanghai Unison Aluminium Products Co ranks better than 79.68% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shanghai Unison Aluminium Products Co's annualized net income for the quarter that ended in Mar. 2026 was ¥413 Mil. Shanghai Unison Aluminium Products Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥4,583 Mil. Therefore, Shanghai Unison Aluminium Products Co's annualized ROE % for the quarter that ended in Mar. 2026 was 9.01%.

The historical rank and industry rank for Shanghai Unison Aluminium Products Co's ROE % or its related term are showing as below:

SHSE:603418' s ROE % Range Over the Past 10 Years
Min: 7.67   Med: 17.91   Max: 24.36
Current: 14.18

During the past 8 years, Shanghai Unison Aluminium Products Co's highest ROE % was 24.36%. The lowest was 7.67%. And the median was 17.91%.

SHSE:603418's ROE % is ranked better than
79.68% of 1304 companies
in the Vehicles & Parts industry
Industry Median: 6.62 vs SHSE:603418: 14.18

Shanghai Unison Aluminium Products Co  (SHSE:603418) 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
=412.792/4583.347
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(412.792 / 4120.78)*(4120.78 / 6182.118)*(6182.118 / 4583.347)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.02 %*0.6666*1.3488
=ROA %*Equity Multiplier
=6.68 %*1.3488
=9.01 %

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
=412.792/4583.347
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (412.792 / 467.924) * (467.924 / 460.284) * (460.284 / 4120.78) * (4120.78 / 6182.118) * (6182.118 / 4583.347)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8822 * 1.0166 * 11.17 % * 0.6666 * 1.3488
=9.01 %

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.


Shanghai Unison Aluminium Products Co ROE % Related Terms


Shanghai Unison Aluminium Products Co ROE % Historical Data

* Premium members only.

The historical data trend for Shanghai Unison Aluminium Products 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.

Shanghai Unison Aluminium Products Co ROE % Chart

Shanghai Unison Aluminium Products Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 20.68 24.36 23.09 23.13 15.13

Shanghai Unison Aluminium Products Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 Dec21 Dec22 Jun23 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 17.77 25.15 16.66 11.73 9.01

SHSE:603418 vs ORLY, AZO: ROE % Comparison

For the Auto Parts subindustry, Shanghai Unison Aluminium Products 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.


Shanghai Unison Aluminium Products Co ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Unison Aluminium Products Co's ROE % distribution charts can be found below:

* The bar in red indicates where Shanghai Unison Aluminium Products Co's ROE % falls into.


SHSE:603418
44GF Score
Shanghai Unison Aluminium Products Co Ltd SHSE:603418
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Unison Aluminium Products Co ROE % Calculation

Shanghai Unison Aluminium Products 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 )
=490.282/( (1944.635+4538.399)/ 2 )
=490.282/3241.517
=15.13 %

Shanghai Unison Aluminium Products 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 )
=412.792/( (4538.399+4628.295)/ 2 )
=412.792/4583.347
=9.01 %

* 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 9.01% mean?
Shanghai Unison Aluminium Products Co (SHSE:603418) has a ROE % of 9.01% 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 Shanghai Unison Aluminium Products Co and its competitors. This is 50% below median its historical median of 17.91. Over the past decade, Shanghai Unison Aluminium Products Co's ROE % has ranged from 7.67 to 24.36. According to the industry distribution chart, Shanghai Unison Aluminium Products Co ranks #265 out of 1304 companies in the Vehicles & Parts industry, placing it in the top 20.3%.
Is Shanghai Unison Aluminium Products Co's ROE % too high?
Shanghai Unison Aluminium Products Co's current ROE % of 9.01% is 50% below median its 10-year median of 17.91. Over the past 10 years, this metric has ranged from a low of 7.67 to a high of 24.36. The Vehicles & Parts industry median ROE % is 6.62. Shanghai Unison Aluminium Products Co's value of 9.01% is 36.1% above this industry median. Based on the distribution chart, Shanghai Unison Aluminium Products Co ranks #265 out of 1304 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Unison Aluminium Products Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Unison Aluminium Products Co's ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shanghai Unison Aluminium Products Co ranks #265 out of 1304 companies for ROE %. This places Shanghai Unison Aluminium Products Co in the top 20% of its industry — outperforming the majority of peers. The industry median ROE % is 6.62. Shanghai Unison Aluminium Products Co's value of 9.01% is 36.1% above this benchmark. Historically, Shanghai Unison Aluminium Products Co's own ROE % has ranged from 7.67 to 24.36 over the past decade. While the company's 10-year median is 17.91 vs. the industry median of 6.62, Shanghai Unison Aluminium Products 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 1,304 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. Shanghai Unison Aluminium Products Co's current ROE % of 9.01% is 36.1% 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 Shanghai Unison Aluminium Products 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. Shanghai Unison Aluminium Products Co's current ROE % is 9.01%, which is 50% below median its own 10-year median of 17.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Unison Aluminium Products Co stock overvalued right now?
Shanghai Unison Aluminium Products Co (SHSE:603418) has a current ROE % of 9.01%. The current ROE % is 9.01%, which is 50% below median its 10-year median of 17.91 and 36.1% above the Vehicles & Parts industry median of 6.62. Shanghai Unison Aluminium Products Co's overall GF Score™ is 44/100 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 Shanghai Unison Aluminium Products Co (SHSE:603418), the current ROE % is 9.01% 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.

Shanghai Unison Aluminium Products Co Business Description

Address No. 2058, Huqingping Road, Qingpu District, Shanghai, CHN, 201702
Shanghai Unison Aluminium Products Co Ltd is engaged in Research and development, production and sales of aluminum alloy automotive parts.
44GF Score

Get the complete analysis for SHSE:603418

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

¥43.31
Price