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SHSE:688708's ROE % is ranked better than 82.12% of 1583
companies
in the Chemicals industry
Industry Median: 5.24
vs SHSE:688708: 13.28
Chengdu Jiachi Electronic Technology Co (SHSE:688708) 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.
Chengdu Jiachi Electronic Technology Co ROE % Related Terms
Chengdu Jiachi Electronic Technology 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.
Chengdu Jiachi Electronic Technology Co ROE % Chart
Chengdu Jiachi Electronic Technology Co Annual Data
For the Specialty Chemicals subindustry, Chengdu Jiachi Electronic 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.
Chengdu Jiachi Electronic Technology 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.
Chengdu Jiachi Electronic Technology Co (SHSE:688708) has a ROE % of 2.93% 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 Chengdu Jiachi Electronic Technology Co and its competitors. This is 90% below median its historical median of 29.38. Over the past decade, Chengdu Jiachi Electronic Technology Co's ROE % has ranged from 13.12 to 53.45. According to the industry distribution chart, Chengdu Jiachi Electronic Technology Co ranks #283 out of 1583 companies in the Chemicals industry, placing it in the top 17.9%.
Is Chengdu Jiachi Electronic Technology Co's ROE % too high?
Chengdu Jiachi Electronic Technology Co's current ROE % of 2.93% is 90% below median its 10-year median of 29.38. Over the past 10 years, this metric has ranged from a low of 13.12 to a high of 53.45. The Chemicals industry median ROE % is 5.24. Chengdu Jiachi Electronic Technology Co's value of 2.93% is 44.1% below this industry median. Based on the distribution chart, Chengdu Jiachi Electronic Technology Co ranks #283 out of 1583 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Chengdu Jiachi Electronic Technology Co has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Chengdu Jiachi Electronic Technology Co's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chengdu Jiachi Electronic Technology Co ranks #283 out of 1583 companies for ROE %. This places Chengdu Jiachi Electronic Technology Co in the top 18% of its industry — outperforming the majority of peers. The industry median ROE % is 5.24. Chengdu Jiachi Electronic Technology Co's value of 2.93% is 44.1% below this benchmark. Historically, Chengdu Jiachi Electronic Technology Co's own ROE % has ranged from 13.12 to 53.45 over the past decade. While the company's 10-year median is 29.38 vs. the industry median of 5.24, Chengdu Jiachi Electronic Technology Co has consistently been below 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 5.24, based on 1,583 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. Chengdu Jiachi Electronic Technology Co's current ROE % of 2.93% is 44.1% below 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 Chengdu Jiachi Electronic Technology Co and its competitors. For the Chemicals industry, the median ROE % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu Jiachi Electronic Technology Co's current ROE % is 2.93%, which is 90% below median its own 10-year median of 29.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Jiachi Electronic Technology Co stock overvalued right now?
Chengdu Jiachi Electronic Technology Co (SHSE:688708) has a current ROE % of 2.93%. The current ROE % is 2.93%, which is 90% below median its 10-year median of 29.38 and 44.1% below the Chemicals industry median of 5.24. Chengdu Jiachi Electronic Technology Co's overall GF Score™ is 45/100 with 7 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 Chengdu Jiachi Electronic Technology Co (SHSE:688708), the current ROE % is 2.93% 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.
Chengdu Jiachi Electronic Technology Co Business Description
AddressNo. 288, West Section of Wenming Street, New Economic Industrial Park, South Area of ??Chengdu Modern Industrial Port, Pidu District, Sichuan Province, Chengdu, CHN, 611730
Chengdu Jiachi Electronic Technology Co Ltd is engaged in research and development, manufacturing, testing, sales and service of EMMS. It products include Absorbing patch, Wave absorbing, Functional coating, etc.
45GF Score
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