Neway Valve (Suzhou) CoSHSE:603699 +0.27%88 ROE % is 28.65% as of Mar. 2026, which is 79% above its 10-year median of 16.05. GuruFocus rates SHSE:603699 with a GF Score™ of 88/100 and a GF Value™ of ¥32.07 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,998 Industrial Products companies, Neway Valve (Suzhou) Co ranks better than 97.43% on this metric.
The historical rank and industry rank for Neway Valve (Suzhou) Co's ROE % or its related term are showing as below:
SHSE:603699'
s ROE % Range Over the Past 10 Years
Min: 8.31 Med: 16.05 Max: 37.35
Current: 37.35
During the past 13 years, Neway Valve (Suzhou) Co's highest ROE % was 37.35%. The lowest was 8.31%. And the median was 16.05%.
SHSE:603699's ROE % is ranked better than 97.43% of 2998
companies
in the Industrial Products industry
Industry Median: 5.855
vs SHSE:603699: 37.35
Neway Valve (Suzhou) Co (SHSE:603699) 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:
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.
* 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 Specialty Industrial Machinery subindustry, Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Neway Valve (Suzhou) Co's ROE % distribution charts can be found below:
* The bar in red indicates where Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co (SHSE:603699) has a ROE % of 28.65% 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 Neway Valve (Suzhou) Co and its competitors. This is 79% above median its historical median of 16.05. Over the past decade, Neway Valve (Suzhou) Co's ROE % has ranged from 8.31 to 37.35. According to the industry distribution chart, Neway Valve (Suzhou) Co ranks #77 out of 2998 companies in the Industrial Products industry, placing it in the top 2.6%.
Is Neway Valve (Suzhou) Co's ROE % too high?
Neway Valve (Suzhou) Co's current ROE % of 28.65% is 79% above median its 10-year median of 16.05. Over the past 10 years, this metric has ranged from a low of 8.31 to a high of 37.35. The Industrial Products industry median ROE % is 5.86. Neway Valve (Suzhou) Co's value of 28.65% is 389.3% above this industry median. Based on the distribution chart, Neway Valve (Suzhou) Co ranks #77 out of 2998 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Neway Valve (Suzhou) Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neway Valve (Suzhou) Co's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Neway Valve (Suzhou) Co ranks #77 out of 2998 companies for ROE %. This places Neway Valve (Suzhou) Co in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 5.86. Neway Valve (Suzhou) Co's value of 28.65% is 389.3% above this benchmark. Historically, Neway Valve (Suzhou) Co's own ROE % has ranged from 8.31 to 37.35 over the past decade. While the company's 10-year median is 16.05 vs. the industry median of 5.86, Neway Valve (Suzhou) 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 5.86, based on 2,998 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. Neway Valve (Suzhou) Co's current ROE % of 28.65% is 389.3% 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 Neway Valve (Suzhou) Co and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neway Valve (Suzhou) Co's current ROE % is 28.65%, which is 79% above median its own 10-year median of 16.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neway Valve (Suzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co (SHSE:603699) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥32.07, compared to a current price of ¥51.11 — trading 59.4% above its estimated fair value. The current ROE % is 28.65%, which is 79% above median its 10-year median of 16.05 and 389.3% above the Industrial Products industry median of 5.86. Neway Valve (Suzhou) Co's overall GF Score™ is 88/100 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 Neway Valve (Suzhou) Co (SHSE:603699), the current ROE % is 28.65% 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 Neway Valve (Suzhou) Co (SHSE:603699) Overvalued in 2026?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co stock appears to be overvalued.
The current stock price of ¥51.11 is trading 59.4% above its estimated GF Value™ of ¥32.07.
GuruFocus considers Neway Valve (Suzhou) Co to be Significantly Overvalued.
Key valuation signals for SHSE:603699:
ROE %: 28.65% (79% above median its 10-year median of 16.05)
GF Value™: ¥32.07 vs. price of ¥51.11 (59.4% above fair value)
Industry Position: 389.3% above the Industrial Products median (#77 of 2998)
No single metric tells the full story. See the SHSE:603699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neway Valve (Suzhou) Co Ltd is a manufacturer and exporter of industrial valves. Its main products include Gate valve, globe valve, check valve, Cast steel valves, API602 forged steel valves, API603 stainless steel valves, Cryogenic Valves, Bellows Valves, Floating ball - Steel. Geographically it operates through China, however its business presence is also seen internationally.
88GF Score
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