Lily Group Co (SHSE:603823) ROE %: 6.92% (As of Mar. 2026) — 45% Below Median


SHSE:603823 Lily Group Co Ltd SHSE:603823
58 GF Score
Price ¥59.88
GF Value ¥10.28
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Lily Group Co ROE %?

Lily Group Co SHSE:603823 -2.19% 58 ROE % is 6.92% as of Mar. 2026, which is 45% below its 10-year median of 12.51. GuruFocus rates SHSE:603823 with a GF Score™ of 58/100 and a GF Value™ of ¥10.28 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,585 Chemicals companies, Lily Group Co ranks better than 58.68% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Lily Group Co's annualized net income for the quarter that ended in Mar. 2026 was ¥172 Mil. Lily Group Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥2,483 Mil. Therefore, Lily Group Co's annualized ROE % for the quarter that ended in Mar. 2026 was 6.92%.

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

SHSE:603823' s ROE % Range Over the Past 10 Years
Min: 5.53   Med: 12.51   Max: 16.42
Current: 6.73

During the past 13 years, Lily Group Co's highest ROE % was 16.42%. The lowest was 5.53%. And the median was 12.51%.

SHSE:603823's ROE % is ranked better than
58.68% of 1585 companies
in the Chemicals industry
Industry Median: 5.2 vs SHSE:603823: 6.73

Lily Group Co  (SHSE:603823) 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
=171.752/2482.878
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(171.752 / 2291.46)*(2291.46 / 3440.4405)*(3440.4405 / 2482.878)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.5 %*0.666*1.3857
=ROA %*Equity Multiplier
=5 %*1.3857
=6.92 %

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
=171.752/2482.878
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (171.752 / 226.624) * (226.624 / 243.564) * (243.564 / 2291.46) * (2291.46 / 3440.4405) * (3440.4405 / 2482.878)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7579 * 0.9304 * 10.63 % * 0.666 * 1.3857
=6.92 %

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.


Lily Group Co ROE % Related Terms


Lily Group Co ROE % Historical Data

* Premium members only.

The historical data trend for Lily 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.

Lily Group Co ROE % Chart

Lily Group 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 16.42 10.28 5.53 7.73 6.93

Lily Group 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 7.70 8.96 5.95 5.15 6.92

SHSE:603823 vs LIN, SHW, ECL: ROE % Comparison

For the Specialty Chemicals subindustry, Lily 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.


Lily Group Co ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lily Group Co's ROE % distribution charts can be found below:

* The bar in red indicates where Lily Group Co's ROE % falls into.


SHSE:603823
58GF Score
Lily Group Co Ltd SHSE:603823
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lily Group Co ROE % Calculation

Lily Group 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 )
=166.932/( (2356.932+2461.409)/ 2 )
=166.932/2409.1705
=6.93 %

Lily Group 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 )
=171.752/( (2461.409+2504.347)/ 2 )
=171.752/2482.878
=6.92 %

* 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 6.92% mean?
Lily Group Co (SHSE:603823) has a ROE % of 6.92% 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 Lily Group Co and its competitors. This is 45% below median its historical median of 12.51. Over the past decade, Lily Group Co's ROE % has ranged from 5.53 to 16.42. According to the industry distribution chart, Lily Group Co ranks #655 out of 1585 companies in the Chemicals industry, placing it in the top 41.3%.
Is Lily Group Co's ROE % too high?
Lily Group Co's current ROE % of 6.92% is 45% below median its 10-year median of 12.51. Over the past 10 years, this metric has ranged from a low of 5.53 to a high of 16.42. The Chemicals industry median ROE % is 5.20. Lily Group Co's value of 6.92% is 33.1% above this industry median. Based on the distribution chart, Lily Group Co ranks #655 out of 1585 companies in the Chemicals industry, which is above the industry midpoint. Overall, Lily Group Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lily Group Co's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Lily Group Co ranks #655 out of 1585 companies for ROE %. This puts Lily Group Co in the upper half of its industry. The industry median ROE % is 5.20. Lily Group Co's value of 6.92% is 33.1% above this benchmark. Historically, Lily Group Co's own ROE % has ranged from 5.53 to 16.42 over the past decade. While the company's 10-year median is 12.51 vs. the industry median of 5.20, Lily 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 a Chemicals company?
The median ROE % among Chemicals companies is 5.20, based on 1,585 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. Lily Group Co's current ROE % of 6.92% is 33.1% 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 Lily Group Co and its competitors. For the Chemicals industry, the median ROE % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lily Group Co's current ROE % is 6.92%, which is 45% below median its own 10-year median of 12.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lily Group Co stock overvalued right now?
Based on GuruFocus' analysis, Lily Group Co (SHSE:603823) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.28, compared to a current price of ¥59.88 — trading 482.5% above its estimated fair value. The current ROE % is 6.92%, which is 45% below median its 10-year median of 12.51 and 33.1% above the Chemicals industry median of 5.20. Lily Group Co's overall GF Score™ is 58/100 with 9 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 Lily Group Co (SHSE:603823), the current ROE % is 6.92% 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 Lily Group Co (SHSE:603823) Overvalued in 2026?

Based on GuruFocus' analysis, Lily Group Co stock appears to be overvalued. The current stock price of ¥59.88 is trading 482.5% above its estimated GF Value™ of ¥10.28. GuruFocus considers Lily Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:603823:

  • ROE %: 6.92% (45% below median its 10-year median of 12.51)
  • GF Value™: ¥10.28 vs. price of ¥59.88 (482.5% above fair value)
  • GF Score™: 58/100 with 9 warning signs
  • Industry Position: 33.1% above the Chemicals median (#655 of 1585)

No single metric tells the full story. See the SHSE:603823 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lily Group Co Business Description

Address No. 1768, Jingwu Road, Qiantang New District, Zhejiang, Hangzhou, CHN, 311228
Lily Group Co Ltd is a chemical manufacturing company. Its products includes pigment for inks, pigment for coatings, pigment for plastics and intermediates. Further it is also involved in import and export trade, investment, and real estate businesses.
58GF Score

Get the complete analysis for SHSE:603823

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

¥59.88
Price
¥10.28
GF Value