Tianjin Fuji Ta Bicycle Industry Co (SHSE:603468) ROE %: 14.47% (As of Jun. 2026) — Near 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:603468 Tianjin Fuji Ta Bicycle Industry Co Ltd SHSE:603468
18 GF Score
Price ¥23.64
! 2 Warning Signs
View Full Analysis

What is Tianjin Fuji Ta Bicycle Industry Co ROE %?

Tianjin Fuji Ta Bicycle Industry Co SHSE:603468 -0.76% 18 ROE % is 14.47% as of Jun. 2026, which is 8% below its 10-year median of 15.79. GuruFocus rates SHSE:603468 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 823 Travel & Leisure companies, Tianjin Fuji Ta Bicycle Industry Co ranks better than 53.58% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tianjin Fuji Ta Bicycle Industry Co's annualized net income for the quarter that ended in Jun. 2026 was ¥422 Mil. Tianjin Fuji Ta Bicycle Industry Co's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was ¥2,915 Mil. Therefore, Tianjin Fuji Ta Bicycle Industry Co's annualized ROE % for the quarter that ended in Jun. 2026 was 14.47%.

The historical rank and industry rank for Tianjin Fuji Ta Bicycle Industry Co's ROE % or its related term are showing as below:

SHSE:603468' s ROE % Range Over the Past 10 Years
Min: 6.72   Med: 15.79   Max: 18.31
Current: 6.72

During the past 4 years, Tianjin Fuji Ta Bicycle Industry Co's highest ROE % was 18.31%. The lowest was 6.72%. And the median was 15.79%.

SHSE:603468's ROE % is ranked better than
53.58% of 823 companies
in the Travel & Leisure industry
Industry Median: 5.62 vs SHSE:603468: 6.72

Tianjin Fuji Ta Bicycle Industry Co  (SHSE:603468) 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: Jun. 2026 )
=Net Income/Total Stockholders Equity
=421.764/2915.1575
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(421.764 / 6906.392)*(6906.392 / 4970.94)*(4970.94 / 2915.1575)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.11 %*1.3894*1.7052
=ROA %*Equity Multiplier
=8.49 %*1.7052
=14.47 %

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: Jun. 2026 )
=Net Income/Total Stockholders Equity
=421.764/2915.1575
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (421.764 / 523.272) * (523.272 / 659.556) * (659.556 / 6906.392) * (6906.392 / 4970.94) * (4970.94 / 2915.1575)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.806 * 0.7934 * 9.55 % * 1.3894 * 1.7052
=14.47 %

Note: The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


Tianjin Fuji Ta Bicycle Industry Co ROE % Related Terms


Tianjin Fuji Ta Bicycle Industry Co ROE % Historical Data

* Premium members only.

The historical data trend for Tianjin Fuji Ta Bicycle Industry 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.

Tianjin Fuji Ta Bicycle Industry Co ROE % Chart

Tianjin Fuji Ta Bicycle Industry Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROE %
18.31 13.92 17.24 14.34

Tianjin Fuji Ta Bicycle Industry Co Quarterly Data
Dec22 Jun23 Dec23 Dec24 Mar25 Jun25 Dec25 Mar26 Jun26
ROE % Get a 7-Day Free Trial Premium Member Only 14.46 15.87 0.00 11.75 14.47

SHSE:603468 vs AS, HAS, LTH: ROE % Comparison

For the Leisure subindustry, Tianjin Fuji Ta Bicycle 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.


Tianjin Fuji Ta Bicycle Industry Co ROE % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tianjin Fuji Ta Bicycle Industry Co's ROE % distribution charts can be found below:

* The bar in red indicates where Tianjin Fuji Ta Bicycle Industry Co's ROE % falls into.


SHSE:603468
18GF Score
Tianjin Fuji Ta Bicycle Industry Co Ltd SHSE:603468
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tianjin Fuji Ta Bicycle Industry Co ROE % Calculation

Tianjin Fuji Ta Bicycle Industry 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 )
=382.063/( (2539.575+2789.182)/ 2 )
=382.063/2664.3785
=14.34 %

Tianjin Fuji Ta Bicycle Industry Co's annualized ROE % for the quarter that ended in Jun. 2026 is calculated as

ROE %=Net Income (Q: Jun. 2026 )/( (Total Stockholders Equity (Q: Mar. 2026 )+Total Stockholders Equity (Q: Jun. 2026 ))/ count )
=421.764/( (2866.203+2964.112)/ 2 )
=421.764/2915.1575
=14.47 %

* 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 (Jun. 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 14.47% mean?
Tianjin Fuji Ta Bicycle Industry Co (SHSE:603468) has a ROE % of 14.47% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tianjin Fuji Ta Bicycle Industry Co and its competitors. This is near median its historical median of 15.79. Over the past decade, Tianjin Fuji Ta Bicycle Industry Co's ROE % has ranged from 6.72 to 18.31. According to the industry distribution chart, Tianjin Fuji Ta Bicycle Industry Co ranks #382 out of 823 companies in the Travel & Leisure industry, placing it in the top 46.4%.
Is Tianjin Fuji Ta Bicycle Industry Co's ROE % too high?
Tianjin Fuji Ta Bicycle Industry Co's current ROE % of 14.47% is near median its 10-year median of 15.79. Over the past 10 years, this metric has ranged from a low of 6.72 to a high of 18.31. The Travel & Leisure industry median ROE % is 5.62. Tianjin Fuji Ta Bicycle Industry Co's value of 14.47% is 157.5% above this industry median. Based on the distribution chart, Tianjin Fuji Ta Bicycle Industry Co ranks #382 out of 823 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tianjin Fuji Ta Bicycle Industry Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Tianjin Fuji Ta Bicycle Industry Co's ROE % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Tianjin Fuji Ta Bicycle Industry Co ranks #382 out of 823 companies for ROE %. This puts Tianjin Fuji Ta Bicycle Industry Co in the upper half of its industry. The industry median ROE % is 5.62. Tianjin Fuji Ta Bicycle Industry Co's value of 14.47% is 157.5% above this benchmark. Historically, Tianjin Fuji Ta Bicycle Industry Co's own ROE % has ranged from 6.72 to 18.31 over the past decade. While the company's 10-year median is 15.79 vs. the industry median of 5.62, Tianjin Fuji Ta Bicycle Industry 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 Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.62, based on 823 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. Tianjin Fuji Ta Bicycle Industry Co's current ROE % of 14.47% is 157.5% 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 Tianjin Fuji Ta Bicycle Industry Co and its competitors. For the Travel & Leisure industry, the median ROE % is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Fuji Ta Bicycle Industry Co's current ROE % is 14.47%, which is near median its own 10-year median of 15.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Fuji Ta Bicycle Industry Co stock overvalued right now?
Tianjin Fuji Ta Bicycle Industry Co (SHSE:603468) has a current ROE % of 14.47%. The current ROE % is 14.47%, which is near median its 10-year median of 15.79 and 157.5% above the Travel & Leisure industry median of 5.62. Tianjin Fuji Ta Bicycle Industry Co's overall GF Score™ is 18/100 with 2 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 Tianjin Fuji Ta Bicycle Industry Co (SHSE:603468), the current ROE % is 14.47% as of Jun. 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.

Tianjin Fuji Ta Bicycle Industry Co Business Description

Address Dongjin Road, Junliangcheng Street, Jintang Highway, Fujida Group compound, Dongli District, south of Junliangcheng, Tianjin, CHN, 300301
Tianjin Fuji Ta Bicycle Industry Co Ltd is engaged in the research, design, production and sales of bicycles, electric-assisted bicycles, shared bicycles and other products and their key components. It mainly provides complete bicycles and key component manufacturing services to globally renowned bicycle brands such as Pon, Samchuly, Scott, Decathlon, MFC, Specialized, Cycleurope, and Panasonic, as well as domestic shared bicycle operators such as Qingju, Hello, and Meituan.
18GF Score

Get the complete analysis for SHSE:603468

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

¥23.64
Price