SHSE:688129's ROE % is ranked better than 75.27% of 1585
companies
in the Chemicals industry
Industry Median: 5.2
vs SHSE:688129: 10.78
Donglai Coating Technology (Shanghai) Co (SHSE:688129) 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.
Donglai Coating Technology (Shanghai) Co ROE % Related Terms
Donglai Coating Technology (Shanghai) 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.
Donglai Coating Technology (Shanghai) Co ROE % Chart
Donglai Coating Technology (Shanghai) Co Annual Data
For the Specialty Chemicals subindustry, Donglai Coating Technology (Shanghai) 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.
Donglai Coating Technology (Shanghai) Co ROE % vs Chemicals Industry
* 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.
Donglai Coating Technology (Shanghai) Co (SHSE:688129) has a ROE % of 9.05% 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 Donglai Coating Technology (Shanghai) Co and its competitors. This is 20% below median its historical median of 11.36. Over the past decade, Donglai Coating Technology (Shanghai) Co's ROE % has ranged from 2.51 to 40.14. According to the industry distribution chart, Donglai Coating Technology (Shanghai) Co ranks #392 out of 1585 companies in the Chemicals industry, placing it in the top 24.7%.
Is Donglai Coating Technology (Shanghai) Co's ROE % too high?
Donglai Coating Technology (Shanghai) Co's current ROE % of 9.05% is 20% below median its 10-year median of 11.36. Over the past 10 years, this metric has ranged from a low of 2.51 to a high of 40.14. The Chemicals industry median ROE % is 5.20. Donglai Coating Technology (Shanghai) Co's value of 9.05% is 74% above this industry median. Based on the distribution chart, Donglai Coating Technology (Shanghai) Co ranks #392 out of 1585 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Donglai Coating Technology (Shanghai) Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Donglai Coating Technology (Shanghai) Co's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Donglai Coating Technology (Shanghai) Co ranks #392 out of 1585 companies for ROE %. This places Donglai Coating Technology (Shanghai) Co in the top 25% of its industry — outperforming the majority of peers. The industry median ROE % is 5.20. Donglai Coating Technology (Shanghai) Co's value of 9.05% is 74% above this benchmark. Historically, Donglai Coating Technology (Shanghai) Co's own ROE % has ranged from 2.51 to 40.14 over the past decade. While the company's 10-year median is 11.36 vs. the industry median of 5.20, Donglai Coating Technology (Shanghai) 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. Donglai Coating Technology (Shanghai) Co's current ROE % of 9.05% is 74% 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 Donglai Coating Technology (Shanghai) 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. Donglai Coating Technology (Shanghai) Co's current ROE % is 9.05%, which is 20% below median its own 10-year median of 11.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Donglai Coating Technology (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Donglai Coating Technology (Shanghai) Co (SHSE:688129) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥23.89, compared to a current price of ¥26.94 — trading 12.8% above its estimated fair value. The current ROE % is 9.05%, which is 20% below median its 10-year median of 11.36 and 74% above the Chemicals industry median of 5.20. Donglai Coating Technology (Shanghai) Co's overall GF Score™ is 84/100 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 Donglai Coating Technology (Shanghai) Co (SHSE:688129), the current ROE % is 9.05% 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 Donglai Coating Technology (Shanghai) Co (SHSE:688129) Overvalued in 2026?
Based on GuruFocus' analysis, Donglai Coating Technology (Shanghai) Co stock appears to be overvalued.
The current stock price of ¥26.94 is trading 12.8% above its estimated GF Value™ of ¥23.89.
GuruFocus considers Donglai Coating Technology (Shanghai) Co to be Modestly Overvalued.
Key valuation signals for SHSE:688129:
ROE %: 9.05% (20% below median its 10-year median of 11.36)
GF Value™: ¥23.89 vs. price of ¥26.94 (12.8% above fair value)
Industry Position: 74% above the Chemicals median (#392 of 1585)
No single metric tells the full story. See the SHSE:688129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Donglai Coating Technology (Shanghai) Co Business Description
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