Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Duzhe Publishing and Media Co (SHSE:603999) 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.
Duzhe Publishing and Media Co ROE % Related Terms
Duzhe Publishing and Media Co ROE % Historical Data
* 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 Publishing subindustry, Duzhe Publishing and Media 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.
Duzhe Publishing and Media Co ROE % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Duzhe Publishing and Media Co's ROE % distribution charts can be found below:
* The bar in red indicates where Duzhe Publishing and Media 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.
Duzhe Publishing and Media Co (SHSE:603999) has a ROE % of 1.84% 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 Duzhe Publishing and Media Co and its competitors. This is 59% below median its historical median of 4.47. Over the past decade, Duzhe Publishing and Media Co's ROE % has ranged from 2.53 to 5.21. According to the industry distribution chart, Duzhe Publishing and Media Co ranks #418 out of 947 companies in the Media - Diversified industry, placing it in the top 44.1%.
Is Duzhe Publishing and Media Co's ROE % too high?
Duzhe Publishing and Media Co's current ROE % of 1.84% is 59% below median its 10-year median of 4.47. Over the past 10 years, this metric has ranged from a low of 2.53 to a high of 5.21. The Media - Diversified industry median ROE % is 2.46. Duzhe Publishing and Media Co's value of 1.84% is 25.2% below this industry median. Based on the distribution chart, Duzhe Publishing and Media Co ranks #418 out of 947 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Duzhe Publishing and Media Co has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Duzhe Publishing and Media Co's ROE % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Duzhe Publishing and Media Co ranks #418 out of 947 companies for ROE %. This puts Duzhe Publishing and Media Co in the upper half of its industry. The industry median ROE % is 2.46. Duzhe Publishing and Media Co's value of 1.84% is 25.2% below this benchmark. Historically, Duzhe Publishing and Media Co's own ROE % has ranged from 2.53 to 5.21 over the past decade. While the company's 10-year median is 4.47 vs. the industry median of 2.46, Duzhe Publishing and Media Co has consistently been below 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 Media - Diversified company?
The median ROE % among Media - Diversified companies is 2.46, based on 947 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. Duzhe Publishing and Media Co's current ROE % of 1.84% is 25.2% below 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 Duzhe Publishing and Media Co and its competitors. For the Media - Diversified industry, the median ROE % is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duzhe Publishing and Media Co's current ROE % is 1.84%, which is 59% below median its own 10-year median of 4.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duzhe Publishing and Media Co stock overvalued right now?
Based on GuruFocus' analysis, Duzhe Publishing and Media Co (SHSE:603999) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥4.34, compared to a current price of ¥5.56 — trading 28.1% above its estimated fair value. The current ROE % is 1.84%, which is 59% below median its 10-year median of 4.47 and 25.2% below the Media - Diversified industry median of 2.46. Duzhe Publishing and Media Co's overall GF Score™ is 55/100 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 Duzhe Publishing and Media Co (SHSE:603999), the current ROE % is 1.84% 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 Duzhe Publishing and Media Co (SHSE:603999) Overvalued in 2026?
Based on GuruFocus' analysis, Duzhe Publishing and Media Co stock appears to be overvalued.
The current stock price of ¥5.56 is trading 28.1% above its estimated GF Value™ of ¥4.34.
GuruFocus considers Duzhe Publishing and Media Co to be Modestly Overvalued.
Key valuation signals for SHSE:603999:
ROE %: 1.84% (59% below median its 10-year median of 4.47)
GF Value™: ¥4.34 vs. price of ¥5.56 (28.1% above fair value)
Industry Position: 25.2% below the Media - Diversified median (#418 of 947)
No single metric tells the full story. See the SHSE:603999 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Duzhe Publishing and Media Co Ltd engaged in the publication and distribution of journals. The company also involves in the publication and distribution of electronic audio-visual products, advertising business, and new media business.
55GF Score
Get the complete analysis for SHSE:603999
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603999 has been successfully added to your 
