The historical rank and industry rank for MayAir Technology (China) Co's ROE % or its related term are showing as below:
SHSE:688376'
s ROE % Range Over the Past 10 Years
Min: 5.81 Med: 12.71 Max: 28.15
Current: 5.81
During the past 9 years, MayAir Technology (China) Co's highest ROE % was 28.15%. The lowest was 5.81%. And the median was 12.71%.
SHSE:688376's ROE % is ranked worse than 50.48% of 3003
companies
in the Industrial Products industry
Industry Median: 5.86
vs SHSE:688376: 5.81
MayAir Technology (China) Co (SHSE:688376) 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.
MayAir Technology (China) Co ROE % Related Terms
MayAir Technology (China) 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 Pollution & Treatment Controls subindustry, MayAir Technology (China) 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.
MayAir Technology (China) Co ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MayAir Technology (China) Co's ROE % distribution charts can be found below:
* The bar in red indicates where MayAir Technology (China) 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.
MayAir Technology (China) Co (SHSE:688376) has a ROE % of 6.53% 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 MayAir Technology (China) Co and its competitors. This is 49% below median its historical median of 12.71. Over the past decade, MayAir Technology (China) Co's ROE % has ranged from 5.81 to 28.15. According to the industry distribution chart, MayAir Technology (China) Co ranks #1516 out of 3003 companies in the Industrial Products industry, placing it in the top 50.5%.
Is MayAir Technology (China) Co's ROE % too high?
MayAir Technology (China) Co's current ROE % of 6.53% is 49% below median its 10-year median of 12.71. Over the past 10 years, this metric has ranged from a low of 5.81 to a high of 28.15. The Industrial Products industry median ROE % is 5.86. MayAir Technology (China) Co's value of 6.53% is 11.4% above this industry median. Based on the distribution chart, MayAir Technology (China) Co ranks #1516 out of 3003 companies in the Industrial Products industry, which is below the industry midpoint. Overall, MayAir Technology (China) Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MayAir Technology (China) Co's ROE % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, MayAir Technology (China) Co ranks #1516 out of 3003 companies for ROE %. This places MayAir Technology (China) Co in the lower half of its industry. The industry median ROE % is 5.86. MayAir Technology (China) Co's value of 6.53% is 11.4% above this benchmark. Historically, MayAir Technology (China) Co's own ROE % has ranged from 5.81 to 28.15 over the past decade. While the company's 10-year median is 12.71 vs. the industry median of 5.86, MayAir Technology (China) 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.86, based on 3,003 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. MayAir Technology (China) Co's current ROE % of 6.53% is 11.4% 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 MayAir Technology (China) Co and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MayAir Technology (China) Co's current ROE % is 6.53%, which is 49% below median its own 10-year median of 12.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MayAir Technology (China) Co stock overvalued right now?
Based on GuruFocus' analysis, MayAir Technology (China) Co (SHSE:688376) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥54.59, compared to a current price of ¥112.58 — trading 106.2% above its estimated fair value. The current ROE % is 6.53%, which is 49% below median its 10-year median of 12.71 and 11.4% above the Industrial Products industry median of 5.86. MayAir Technology (China) Co's overall GF Score™ is 82/100 with 10 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 MayAir Technology (China) Co (SHSE:688376), the current ROE % is 6.53% 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 MayAir Technology (China) Co (SHSE:688376) Overvalued in 2026?
Based on GuruFocus' analysis, MayAir Technology (China) Co stock appears to be overvalued.
The current stock price of ¥112.58 is trading 106.2% above its estimated GF Value™ of ¥54.59.
GuruFocus considers MayAir Technology (China) Co to be Significantly Overvalued.
Key valuation signals for SHSE:688376:
ROE %: 6.53% (49% below median its 10-year median of 12.71)
GF Value™: ¥54.59 vs. price of ¥112.58 (106.2% above fair value)
Industry Position: 11.4% above the Industrial Products median (#1516 of 3003)
No single metric tells the full story. See the SHSE:688376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MayAir Technology (China) Co Ltd is engaged in the research and development, production and sales of air purification products and atmospheric environment treatment products.
82GF Score
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