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The historical rank and industry rank for Beijing Succeeder Technology's ROE % or its related term are showing as below:
SHSE:688338'
s ROE % Range Over the Past 10 Years
Min: 5.12 Med: 7.76 Max: 33.46
Current: 5.12
During the past 10 years, Beijing Succeeder Technology's highest ROE % was 33.46%. The lowest was 5.12%. And the median was 7.76%.
SHSE:688338's ROE % is ranked better than 58.4% of 798
companies
in the Medical Devices & Instruments industry
Industry Median: 2.51
vs SHSE:688338: 5.12
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.
Beijing Succeeder Technology ROE % Related Terms
Beijing Succeeder Technology 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 Medical Devices subindustry, Beijing Succeeder Technology'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.
Beijing Succeeder Technology ROE % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Beijing Succeeder Technology's ROE % distribution charts can be found below:
* The bar in red indicates where Beijing Succeeder Technology'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.
Beijing Succeeder Technology (SHSE:688338) has a ROE % of 4.55% 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 Beijing Succeeder Technology and its competitors. This is 41% below median its historical median of 7.76. Over the past decade, Beijing Succeeder Technology's ROE % has ranged from 5.12 to 33.46. According to the industry distribution chart, Beijing Succeeder Technology ranks #332 out of 798 companies in the Medical Devices & Instruments industry, placing it in the top 41.6%.
Is Beijing Succeeder Technology's ROE % too high?
Beijing Succeeder Technology's current ROE % of 4.55% is 41% below median its 10-year median of 7.76. Over the past 10 years, this metric has ranged from a low of 5.12 to a high of 33.46. The Medical Devices & Instruments industry median ROE % is 2.51. Beijing Succeeder Technology's value of 4.55% is 81.3% above this industry median. Based on the distribution chart, Beijing Succeeder Technology ranks #332 out of 798 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Beijing Succeeder Technology has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Beijing Succeeder Technology's ROE % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Beijing Succeeder Technology ranks #332 out of 798 companies for ROE %. This puts Beijing Succeeder Technology in the upper half of its industry. The industry median ROE % is 2.51. Beijing Succeeder Technology's value of 4.55% is 81.3% above this benchmark. Historically, Beijing Succeeder Technology's own ROE % has ranged from 5.12 to 33.46 over the past decade. While the company's 10-year median is 7.76 vs. the industry median of 2.51, Beijing Succeeder Technology 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 Medical Devices & Instruments company?
The median ROE % among Medical Devices & Instruments companies is 2.51, based on 798 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. Beijing Succeeder Technology's current ROE % of 4.55% is 81.3% 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 Beijing Succeeder Technology and its competitors. For the Medical Devices & Instruments industry, the median ROE % is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Succeeder Technology's current ROE % is 4.55%, which is 41% below median its own 10-year median of 7.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Succeeder Technology stock overvalued right now?
Based on GuruFocus' analysis, Beijing Succeeder Technology (SHSE:688338) is currently considered Fairly Valued. The stock's GF Value™ is ¥30.49, compared to a current price of ¥29.13 — trading 4.5% below its estimated fair value. The current ROE % is 4.55%, which is 41% below median its 10-year median of 7.76 and 81.3% above the Medical Devices & Instruments industry median of 2.51. Beijing Succeeder Technology's overall GF Score™ is 86/100 with 5 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 Beijing Succeeder Technology (SHSE:688338), the current ROE % is 4.55% 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 Beijing Succeeder Technology (SHSE:688338) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Succeeder Technology stock appears to be undervalued.
The current stock price of ¥29.13 is trading 4.5% below its estimated GF Value™ of ¥30.49.
GuruFocus considers Beijing Succeeder Technology to be Fairly Valued.
Key valuation signals for SHSE:688338:
ROE %: 4.55% (41% below median its 10-year median of 7.76)
GF Value™: ¥30.49 vs. price of ¥29.13 (4.5% below fair value)
Industry Position: 81.3% above the Medical Devices & Instruments median (#332 of 798)
No single metric tells the full story. See the SHSE:688338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Succeeder Technology Inc is engaged in production and sales of detection instruments, reagents and consumables in the field of in vitro diagnosis of thrombosis and hemostasis. The company develops, manufactures and sells in-vitro diagnostic products including coagulation analyzers and reagents, blood rheology analyzers, ESR analyzers and platelet aggregation analyzers. Its product portfolio includes Fully Auto Coagulation Analyzer; Semi Auto Coagulation Analyzer; ESR Analyzer; Platelet Aggregation Analyzer; and Coagulation Reagents.
86GF Score
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