Jason Furniture (Hangzhou) Co (SHSE:603816) ROE %: 18.32% (As of Mar. 2026) — 16% Below Median

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SHSE:603816 Jason Furniture (Hangzhou) Co Ltd SHSE:603816
91 GF Score
Price ¥23.83
GF Value ¥32.67
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Jason Furniture (Hangzhou) Co ROE %?

Jason Furniture (Hangzhou) Co SHSE:603816 -2.01% 91 ROE % is 18.32% as of Mar. 2026, which is 16% below its 10-year median of 21.82. GuruFocus rates SHSE:603816 with a GF Score™ of 91/100 and a GF Value™ of ¥32.67 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 425 Furnishings, Fixtures & Appliances companies, Jason Furniture (Hangzhou) Co ranks better than 86.82% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Jason Furniture (Hangzhou) Co's annualized net income for the quarter that ended in Mar. 2026 was ¥1,985 Mil. Jason Furniture (Hangzhou) Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥10,836 Mil. Therefore, Jason Furniture (Hangzhou) Co's annualized ROE % for the quarter that ended in Mar. 2026 was 18.32%.

The historical rank and industry rank for Jason Furniture (Hangzhou) Co's ROE % or its related term are showing as below:

SHSE:603816' s ROE % Range Over the Past 10 Years
Min: 13.37   Med: 21.82   Max: 25.75
Current: 16.93

During the past 13 years, Jason Furniture (Hangzhou) Co's highest ROE % was 25.75%. The lowest was 13.37%. And the median was 21.82%.

SHSE:603816's ROE % is ranked better than
86.82% of 425 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.45 vs SHSE:603816: 16.93

Jason Furniture (Hangzhou) Co  (SHSE:603816) 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
=1985.012/10835.834
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1985.012 / 20130.988)*(20130.988 / 18994.6345)*(18994.6345 / 10835.834)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.86 %*1.0598*1.7529
=ROA %*Equity Multiplier
=10.45 %*1.7529
=18.32 %

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
=1985.012/10835.834
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1985.012 / 2506.628) * (2506.628 / 2275.54) * (2275.54 / 20130.988) * (20130.988 / 18994.6345) * (18994.6345 / 10835.834)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7919 * 1.1016 * 11.3 % * 1.0598 * 1.7529
=18.32 %

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.


Jason Furniture (Hangzhou) Co ROE % Related Terms


Jason Furniture (Hangzhou) Co ROE % Historical Data

* Premium members only.

The historical data trend for Jason Furniture (Hangzhou) 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.

Jason Furniture (Hangzhou) Co ROE % Chart

Jason Furniture (Hangzhou) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.56 21.44 21.70 14.56 17.52

Jason Furniture (Hangzhou) Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only 20.52 19.88 20.60 9.62 18.32

SHSE:603816 vs SN, SGI, MHK: ROE % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Jason Furniture (Hangzhou) 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.


Jason Furniture (Hangzhou) Co ROE % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jason Furniture (Hangzhou) Co's ROE % distribution charts can be found below:

* The bar in red indicates where Jason Furniture (Hangzhou) Co's ROE % falls into.


SHSE:603816
91GF Score
Jason Furniture (Hangzhou) Co Ltd SHSE:603816
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jason Furniture (Hangzhou) Co ROE % Calculation

Jason Furniture (Hangzhou) 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 )
=1790.045/( (9844.875+10586.965)/ 2 )
=1790.045/10215.92
=17.52 %

Jason Furniture (Hangzhou) 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 )
=1985.012/( (10586.965+11084.703)/ 2 )
=1985.012/10835.834
=18.32 %

* 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 18.32% mean?
Jason Furniture (Hangzhou) Co (SHSE:603816) has a ROE % of 18.32% 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 Jason Furniture (Hangzhou) Co and its competitors. This is 16% below median its historical median of 21.82. Over the past decade, Jason Furniture (Hangzhou) Co's ROE % has ranged from 13.37 to 25.75. According to the industry distribution chart, Jason Furniture (Hangzhou) Co ranks #56 out of 425 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 13.2%.
Is Jason Furniture (Hangzhou) Co's ROE % too high?
Jason Furniture (Hangzhou) Co's current ROE % of 18.32% is 16% below median its 10-year median of 21.82. Over the past 10 years, this metric has ranged from a low of 13.37 to a high of 25.75. The Furnishings, Fixtures & Appliances industry median ROE % is 4.45. Jason Furniture (Hangzhou) Co's value of 18.32% is 311.7% above this industry median. Based on the distribution chart, Jason Furniture (Hangzhou) Co ranks #56 out of 425 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Jason Furniture (Hangzhou) Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jason Furniture (Hangzhou) Co's ROE % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Jason Furniture (Hangzhou) Co ranks #56 out of 425 companies for ROE %. This places Jason Furniture (Hangzhou) Co in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 4.45. Jason Furniture (Hangzhou) Co's value of 18.32% is 311.7% above this benchmark. Historically, Jason Furniture (Hangzhou) Co's own ROE % has ranged from 13.37 to 25.75 over the past decade. While the company's 10-year median is 21.82 vs. the industry median of 4.45, Jason Furniture (Hangzhou) 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 Furnishings, Fixtures & Appliances company?
The median ROE % among Furnishings, Fixtures & Appliances companies is 4.45, based on 425 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. Jason Furniture (Hangzhou) Co's current ROE % of 18.32% is 311.7% 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 Jason Furniture (Hangzhou) Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROE % is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jason Furniture (Hangzhou) Co's current ROE % is 18.32%, which is 16% below median its own 10-year median of 21.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jason Furniture (Hangzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Jason Furniture (Hangzhou) Co (SHSE:603816) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥32.67, compared to a current price of ¥23.83 — trading 27.1% below its estimated fair value. The current ROE % is 18.32%, which is 16% below median its 10-year median of 21.82 and 311.7% above the Furnishings, Fixtures & Appliances industry median of 4.45. Jason Furniture (Hangzhou) Co's overall GF Score™ is 91/100 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 Jason Furniture (Hangzhou) Co (SHSE:603816), the current ROE % is 18.32% 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 Jason Furniture (Hangzhou) Co (SHSE:603816) Overvalued in 2026?

Based on GuruFocus' analysis, Jason Furniture (Hangzhou) Co stock appears to be undervalued. The current stock price of ¥23.83 is trading 27.1% below its estimated GF Value™ of ¥32.67. GuruFocus considers Jason Furniture (Hangzhou) Co to be Modestly Undervalued.

Key valuation signals for SHSE:603816:

  • ROE %: 18.32% (16% below median its 10-year median of 21.82)
  • GF Value™: ¥32.67 vs. price of ¥23.83 (27.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 311.7% above the Furnishings, Fixtures & Appliances median (#56 of 425)

No single metric tells the full story. See the SHSE:603816 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jason Furniture (Hangzhou) Co Business Description

Address No.599-1, Dongning Road, Gujia Building, Jianggan District, Hangzhou, CHN
Jason Furniture (Hangzhou) Co Ltd is a China-based company engaged in the Research and development, design, production and sales of mid- to high-end sofas, soft beds and other soft furniture products for living rooms and bedrooms.
91GF Score

Get the complete analysis for SHSE:603816

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

¥23.83
Price
¥32.67
GF Value