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Ecovacs Robotics Co (SHSE:603486) ROE % : 25.38% (As of Mar. 2025)


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What is Ecovacs Robotics Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ecovacs Robotics Co's annualized net income for the quarter that ended in Mar. 2025 was ¥1,899 Mil. Ecovacs Robotics Co's average Total Stockholders Equity over the quarter that ended in Mar. 2025 was ¥7,480 Mil. Therefore, Ecovacs Robotics Co's annualized ROE % for the quarter that ended in Mar. 2025 was 25.38%.

The historical rank and industry rank for Ecovacs Robotics Co's ROE % or its related term are showing as below:

SHSE:603486' s ROE % Range Over the Past 10 Years
Min: 4.83   Med: 25.26   Max: 49.06
Current: 9.17

During the past 12 years, Ecovacs Robotics Co's highest ROE % was 49.06%. The lowest was 4.83%. And the median was 25.26%.

SHSE:603486's ROE % is ranked better than
64.49% of 428 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.335 vs SHSE:603486: 9.17

Ecovacs Robotics Co ROE % Historical Data

The historical data trend for Ecovacs Robotics 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.

* Premium members only.

Ecovacs Robotics Co ROE % Chart

Ecovacs Robotics Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.99 49.06 29.48 9.43 11.73

Ecovacs Robotics Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 17.80 18.02 0.35 10.79 25.38

Competitive Comparison of Ecovacs Robotics Co's ROE %

For the Furnishings, Fixtures & Appliances subindustry, Ecovacs Robotics 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.


Ecovacs Robotics Co's ROE % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ecovacs Robotics Co's ROE % distribution charts can be found below:

* The bar in red indicates where Ecovacs Robotics Co's ROE % falls into.


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Ecovacs Robotics Co ROE % Calculation

Ecovacs Robotics Co's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=806.087/( (6547.319+7196.688)/ 2 )
=806.087/6872.0035
=11.73 %

Ecovacs Robotics Co's annualized ROE % for the quarter that ended in Mar. 2025 is calculated as

ROE %=Net Income (Q: Mar. 2025 )/( (Total Stockholders Equity (Q: Dec. 2024 )+Total Stockholders Equity (Q: Mar. 2025 ))/ count )
=1898.72/( (7196.688+7763.845)/ 2 )
=1898.72/7480.2665
=25.38 %

* 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. 2025) net income data. ROE % is displayed in the 30-year financial page.


Ecovacs Robotics Co  (SHSE:603486) 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. 2025 )
=Net Income/Total Stockholders Equity
=1898.72/7480.2665
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1898.72 / 15432.936)*(15432.936 / 14950.6735)*(14950.6735 / 7480.2665)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.3 %*1.0323*1.9987
=ROA %*Equity Multiplier
=12.7 %*1.9987
=25.38 %

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. 2025 )
=Net Income/Total Stockholders Equity
=1898.72/7480.2665
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1898.72 / 2118.292) * (2118.292 / 1547.276) * (1547.276 / 15432.936) * (15432.936 / 14950.6735) * (14950.6735 / 7480.2665)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8963 * 1.369 * 10.03 % * 1.0323 * 1.9987
=25.38 %

Note: The net income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) 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.


Ecovacs Robotics Co ROE % Related Terms

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Ecovacs Robotics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 108 Shihu West Road, Wuzhong District, Suzhou, CHN, 215168
Ecovacs Robotics Co Ltd is engaged in Research and development, design, production and sales of various types of household service robots, small cleaning appliances and other intelligent household equipment and related components.
Executives
Leng Ling Director
Li Qian Huan Director
Ma Jian Jun Director
Xu Wei Qiang senior management
Liu Peng Hai Director
Li Yan Director
Zhou Yang Hua Director
Qian Dong Qi Director

Ecovacs Robotics Co Headlines

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