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Fulongma Group CoSHSE:603686 +1.76%77 ROE % is 7.53% as of Mar. 2026, which is 31% below its 10-year median of 10.93. GuruFocus rates SHSE:603686 with a GF Score™ of 77/100 and a GF Value™ of ¥10.67 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,005 Industrial Products companies, Fulongma Group Co ranks worse than 56.01% on this metric.
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.
Fulongma Group Co ROE % Related Terms
Fulongma Group Co ROE % Historical Data
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The historical data trend for Fulongma Group 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.
For the Pollution & Treatment Controls subindustry, Fulongma Group 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.
Fulongma Group Co ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Fulongma Group Co's ROE % distribution charts can be found below:
* The bar in red indicates where Fulongma Group Co's ROE % falls into.
* 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.
Fulongma Group Co (SHSE:603686) has a ROE % of 7.53% 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 Fulongma Group Co and its competitors. This is 31% below median its historical median of 10.93. Over the past decade, Fulongma Group Co's ROE % has ranged from 4.37 to 18.92. According to the industry distribution chart, Fulongma Group Co ranks #1683 out of 3005 companies in the Industrial Products industry, placing it in the top 56%.
Is Fulongma Group Co's ROE % too high?
Fulongma Group Co's current ROE % of 7.53% is 31% below median its 10-year median of 10.93. Over the past 10 years, this metric has ranged from a low of 4.37 to a high of 18.92. The Industrial Products industry median ROE % is 5.91. Fulongma Group Co's value of 7.53% is 27.4% above this industry median. Based on the distribution chart, Fulongma Group Co ranks #1683 out of 3005 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Fulongma Group Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fulongma Group Co's ROE % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Fulongma Group Co ranks #1683 out of 3005 companies for ROE %. This places Fulongma Group Co in the lower half of its industry. The industry median ROE % is 5.91. Fulongma Group Co's value of 7.53% is 27.4% above this benchmark. Historically, Fulongma Group Co's own ROE % has ranged from 4.37 to 18.92 over the past decade. While the company's 10-year median is 10.93 vs. the industry median of 5.91, Fulongma Group 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.91, based on 3,005 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. Fulongma Group Co's current ROE % of 7.53% is 27.4% 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 Fulongma Group Co and its competitors. For the Industrial Products industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fulongma Group Co's current ROE % is 7.53%, which is 31% below median its own 10-year median of 10.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulongma Group Co stock overvalued right now?
Based on GuruFocus' analysis, Fulongma Group Co (SHSE:603686) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.67, compared to a current price of ¥12.70 — trading 19% above its estimated fair value. The current ROE % is 7.53%, which is 31% below median its 10-year median of 10.93 and 27.4% above the Industrial Products industry median of 5.91. Fulongma Group Co's overall GF Score™ is 77/100 with 6 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 Fulongma Group Co (SHSE:603686), the current ROE % is 7.53% 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 Fulongma Group Co (SHSE:603686) Overvalued in 2026?
Based on GuruFocus' analysis, Fulongma Group Co stock appears to be overvalued.
The current stock price of ¥12.70 is trading 19% above its estimated GF Value™ of ¥10.67.
GuruFocus considers Fulongma Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:603686:
ROE %: 7.53% (31% below median its 10-year median of 10.93)
GF Value™: ¥10.67 vs. price of ¥12.70 (19% above fair value)
Industry Position: 27.4% above the Industrial Products median (#1683 of 3005)
No single metric tells the full story. See the SHSE:603686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fulongma Group Co Ltd supplies Chinese professionalization environmental sanitation equipment. The company is engaged in the research and development, production, selling, and services of the specialized cleaning vehicle, garbage, collecting and transporting vehicle and other equipment that are mainly used in the environmental sanitation department, municipal works, and road cleaning. Some of its products are Sweeping and Clean-keeping series, Garbage collection, and others.
77GF Score
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