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.
Zhejiang Natural Outdoor Goods ROE % Related Terms
Zhejiang Natural Outdoor Goods 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 Leisure subindustry, Zhejiang Natural Outdoor Goods'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.
Zhejiang Natural Outdoor Goods ROE % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Zhejiang Natural Outdoor Goods's ROE % distribution charts can be found below:
* The bar in red indicates where Zhejiang Natural Outdoor Goods'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.
Zhejiang Natural Outdoor Goods (SHSE:605080) has a ROE % of 12.81% 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 Zhejiang Natural Outdoor Goods and its competitors. This is 43% below median its historical median of 22.49. Over the past decade, Zhejiang Natural Outdoor Goods' ROE % has ranged from 7.15 to 41.44. According to the industry distribution chart, Zhejiang Natural Outdoor Goods ranks #355 out of 823 companies in the Travel & Leisure industry, placing it in the top 43.1%.
Is Zhejiang Natural Outdoor Goods' ROE % too high?
Zhejiang Natural Outdoor Goods' current ROE % of 12.81% is 43% below median its 10-year median of 22.49. Over the past 10 years, this metric has ranged from a low of 7.15 to a high of 41.44. The Travel & Leisure industry median ROE % is 5.46. Zhejiang Natural Outdoor Goods' value of 12.81% is 134.6% above this industry median. Based on the distribution chart, Zhejiang Natural Outdoor Goods ranks #355 out of 823 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Zhejiang Natural Outdoor Goods has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Natural Outdoor Goods' ROE % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Zhejiang Natural Outdoor Goods ranks #355 out of 823 companies for ROE %. This puts Zhejiang Natural Outdoor Goods in the upper half of its industry. The industry median ROE % is 5.46. Zhejiang Natural Outdoor Goods' value of 12.81% is 134.6% above this benchmark. Historically, Zhejiang Natural Outdoor Goods' own ROE % has ranged from 7.15 to 41.44 over the past decade. While the company's 10-year median is 22.49 vs. the industry median of 5.46, Zhejiang Natural Outdoor Goods 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 Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.46, based on 823 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. Zhejiang Natural Outdoor Goods's current ROE % of 12.81% is 134.6% 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 Zhejiang Natural Outdoor Goods and its competitors. For the Travel & Leisure industry, the median ROE % is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Natural Outdoor Goods's current ROE % is 12.81%, which is 43% below median its own 10-year median of 22.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Natural Outdoor Goods stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Natural Outdoor Goods (SHSE:605080) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥27.72, compared to a current price of ¥20.54 — trading 25.9% below its estimated fair value. The current ROE % is 12.81%, which is 43% below median its 10-year median of 22.49 and 134.6% above the Travel & Leisure industry median of 5.46. Zhejiang Natural Outdoor Goods' overall GF Score™ is 79/100 with 4 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 Zhejiang Natural Outdoor Goods (SHSE:605080), the current ROE % is 12.81% 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 Zhejiang Natural Outdoor Goods (SHSE:605080) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Natural Outdoor Goods stock appears to be undervalued.
The current stock price of ¥20.54 is trading 25.9% below its estimated GF Value™ of ¥27.72.
GuruFocus considers Zhejiang Natural Outdoor Goods to be Modestly Undervalued.
Key valuation signals for SHSE:605080:
ROE %: 12.81% (43% below median its 10-year median of 22.49)
GF Value™: ¥27.72 vs. price of ¥20.54 (25.9% below fair value)
Industry Position: 134.6% above the Travel & Leisure median (#355 of 823)
No single metric tells the full story. See the SHSE:605080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Natural Outdoor Goods Business Description
Zhejiang Natural Outdoor Goods Inc is engaged in the research and development, design, production and sales of outdoor sports products such as inflatable mattresses, outdoor luggage, headrest cushions and others.
79GF Score
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