SBT Ultrasonic Technology Co (SHSE:688392) ROE %: 11.00% (As of Mar. 2026) — 27% Above Median


SHSE:688392 SBT Ultrasonic Technology Co Ltd SHSE:688392
79 GF Score
Price ¥221.71
GF Value ¥97.92
Valuation Significantly Overvalued
! 9 Warning Signs
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What is SBT Ultrasonic Technology Co ROE %?

SBT Ultrasonic Technology Co SHSE:688392 -4.02% 79 ROE % is 11.00% as of Mar. 2026, which is 27% above its 10-year median of 8.67. GuruFocus rates SHSE:688392 with a GF Score™ of 79/100 and a GF Value™ of ¥97.92 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 3,003 Industrial Products companies, SBT Ultrasonic Technology Co ranks better than 59.84% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SBT Ultrasonic Technology Co's annualized net income for the quarter that ended in Mar. 2026 was ¥201.2 Mil. SBT Ultrasonic Technology Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥1,829.1 Mil. Therefore, SBT Ultrasonic Technology Co's annualized ROE % for the quarter that ended in Mar. 2026 was 11.00%.

The historical rank and industry rank for SBT Ultrasonic Technology Co's ROE % or its related term are showing as below:

SHSE:688392' s ROE % Range Over the Past 10 Years
Min: 3.8   Med: 8.67   Max: 70.66
Current: 8.07

During the past 8 years, SBT Ultrasonic Technology Co's highest ROE % was 70.66%. The lowest was 3.80%. And the median was 8.67%.

SHSE:688392's ROE % is ranked better than
59.84% of 3003 companies
in the Industrial Products industry
Industry Median: 5.85 vs SHSE:688392: 8.07

SBT Ultrasonic Technology Co  (SHSE:688392) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=201.216/1829.0965
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(201.216 / 792.62)*(792.62 / 2457.542)*(2457.542 / 1829.0965)
=Net Margin %*Asset Turnover*Equity Multiplier
=25.39 %*0.3225*1.3436
=ROA %*Equity Multiplier
=8.19 %*1.3436
=11.00 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=201.216/1829.0965
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (201.216 / 214.112) * (214.112 / 230.384) * (230.384 / 792.62) * (792.62 / 2457.542) * (2457.542 / 1829.0965)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9398 * 0.9294 * 29.07 % * 0.3225 * 1.3436
=11.00 %

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.


SBT Ultrasonic Technology Co ROE % Related Terms


SBT Ultrasonic Technology Co ROE % Historical Data

* Premium members only.

The historical data trend for SBT Ultrasonic Technology Co's ROE % can be seen below:

* 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.

SBT Ultrasonic Technology Co ROE % Chart

SBT Ultrasonic Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 31.03 10.59 3.80 4.99 6.73

SBT Ultrasonic Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.54 7.91 8.09 5.22 11.00

SHSE:688392 vs GEV, ETN, PH: ROE % Comparison

For the Specialty Industrial Machinery subindustry, SBT Ultrasonic Technology 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.


SBT Ultrasonic Technology Co ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SBT Ultrasonic Technology Co's ROE % distribution charts can be found below:

* The bar in red indicates where SBT Ultrasonic Technology Co's ROE % falls into.


SHSE:688392
79GF Score
SBT Ultrasonic Technology Co Ltd SHSE:688392
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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SBT Ultrasonic Technology Co ROE % Calculation

SBT Ultrasonic Technology Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=117.547/( (1691.39+1801.665)/ 2 )
=117.547/1746.5275
=6.73 %

SBT Ultrasonic Technology Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=201.216/( (1801.665+1856.528)/ 2 )
=201.216/1829.0965
=11.00 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 11.00% mean?
SBT Ultrasonic Technology Co (SHSE:688392) has a ROE % of 11.00% 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 SBT Ultrasonic Technology Co and its competitors. This is 27% above median its historical median of 8.67. Over the past decade, SBT Ultrasonic Technology Co's ROE % has ranged from 3.80 to 70.66. According to the industry distribution chart, SBT Ultrasonic Technology Co ranks #1206 out of 3003 companies in the Industrial Products industry, placing it in the top 40.2%.
Is SBT Ultrasonic Technology Co's ROE % too high?
SBT Ultrasonic Technology Co's current ROE % of 11.00% is 27% above median its 10-year median of 8.67. Over the past 10 years, this metric has ranged from a low of 3.80 to a high of 70.66. The Industrial Products industry median ROE % is 5.85. SBT Ultrasonic Technology Co's value of 11.00% is 88% above this industry median. Based on the distribution chart, SBT Ultrasonic Technology Co ranks #1206 out of 3003 companies in the Industrial Products industry, which is above the industry midpoint. Overall, SBT Ultrasonic Technology Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SBT Ultrasonic Technology Co's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, SBT Ultrasonic Technology Co ranks #1206 out of 3003 companies for ROE %. This puts SBT Ultrasonic Technology Co in the upper half of its industry. The industry median ROE % is 5.85. SBT Ultrasonic Technology Co's value of 11.00% is 88% above this benchmark. Historically, SBT Ultrasonic Technology Co's own ROE % has ranged from 3.80 to 70.66 over the past decade. While the company's 10-year median is 8.67 vs. the industry median of 5.85, SBT Ultrasonic Technology 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 5.85, 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. SBT Ultrasonic Technology Co's current ROE % of 11.00% is 88% 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 SBT Ultrasonic Technology Co and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBT Ultrasonic Technology Co's current ROE % is 11.00%, which is 27% above median its own 10-year median of 8.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBT Ultrasonic Technology Co stock overvalued right now?
Based on GuruFocus' analysis, SBT Ultrasonic Technology Co (SHSE:688392) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥97.92, compared to a current price of ¥221.71 — trading 126.4% above its estimated fair value. The current ROE % is 11.00%, which is 27% above median its 10-year median of 8.67 and 88% above the Industrial Products industry median of 5.85. SBT Ultrasonic Technology Co's overall GF Score™ is 79/100 with 9 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 SBT Ultrasonic Technology Co (SHSE:688392), the current ROE % is 11.00% 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 SBT Ultrasonic Technology Co (SHSE:688392) Overvalued in 2026?

Based on GuruFocus' analysis, SBT Ultrasonic Technology Co stock appears to be overvalued. The current stock price of ¥221.71 is trading 126.4% above its estimated GF Value™ of ¥97.92. GuruFocus considers SBT Ultrasonic Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688392:

  • ROE %: 11.00% (27% above median its 10-year median of 8.67)
  • GF Value™: ¥97.92 vs. price of ¥221.71 (126.4% above fair value)
  • GF Score™: 79/100 with 9 warning signs
  • Industry Position: 88% above the Industrial Products median (#1206 of 3003)

No single metric tells the full story. See the SHSE:688392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SBT Ultrasonic Technology Co Business Description

Address No. 1488, Cangyuan Road, 3rd Floor, Building 2, Minhang District, Shanghai, CHN, 200240
SBT Ultrasonic Technology Co Ltd is engaged in the research and development, design, manufacture, sales, and after-sales service of ultrasonic welding, cutting system application products, online testing, and automation products. The company's equipment is widely used in lithium batteries, wiring harnesses, 3C, semiconductor IGBT power modules, rubber tires, food, pharmaceutical, plastic packaging, and other fields.
79GF Score

Get the complete analysis for SHSE:688392

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥221.71
Price
¥97.92
GF Value