JS Solar Holding BhdXKLS:0369 -2.56%5 ROE % is 4.61% as of Mar. 2026, which is 86% below its 10-year median of 32.86. GuruFocus rates XKLS:0369 with a GF Score™ of 5/100. The stock has 6 warning signs investors should review. Among 432 Utilities - Independent Power Producers companies, JS Solar Holding Bhd ranks worse than 81.25% on this metric.
JS Solar Holding Bhd (XKLS:0369) 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.
* 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 Utilities - Renewable subindustry, JS Solar Holding Bhd'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.
JS Solar Holding Bhd ROE % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, JS Solar Holding Bhd's ROE % distribution charts can be found below:
* The bar in red indicates where JS Solar Holding Bhd'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.
JS Solar Holding Bhd (XKLS:0369) has a ROE % of 4.61% 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 JS Solar Holding Bhd and its competitors. This is 86% below median its historical median of 32.86. According to the industry distribution chart, JS Solar Holding Bhd ranks #351 out of 432 companies in the Utilities - Independent Power Producers industry, placing it in the top 81.2%.
Is JS Solar Holding Bhd's ROE % too high?
JS Solar Holding Bhd's current ROE % of 4.61% is 86% below median its 10-year median of 32.86. The Utilities - Independent Power Producers industry median ROE % is 3.80. JS Solar Holding Bhd's value of 4.61% is 21.5% above this industry median. Based on the distribution chart, JS Solar Holding Bhd ranks #351 out of 432 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, JS Solar Holding Bhd has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does JS Solar Holding Bhd's ROE % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, JS Solar Holding Bhd ranks #351 out of 432 companies for ROE %. This places JS Solar Holding Bhd in the lower half of its industry. The industry median ROE % is 3.80. JS Solar Holding Bhd's value of 4.61% is 21.5% above this benchmark. While the company's 10-year median is 32.86 vs. the industry median of 3.80, JS Solar Holding Bhd 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 Utilities - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.80, based on 432 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. JS Solar Holding Bhd's current ROE % of 4.61% is 21.5% 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 JS Solar Holding Bhd and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JS Solar Holding Bhd's current ROE % is 4.61%, which is 86% below median its own 10-year median of 32.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JS Solar Holding Bhd stock overvalued right now?
JS Solar Holding Bhd (XKLS:0369) has a current ROE % of 4.61%. The current ROE % is 4.61%, which is 86% below median its 10-year median of 32.86 and 21.5% above the Utilities - Independent Power Producers industry median of 3.80. JS Solar Holding Bhd's overall GF Score™ is 5/100 with 6 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 JS Solar Holding Bhd (XKLS:0369), the current ROE % is 4.61% 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.
JS Solar Holding Bhd is principally an investment holding company. Through its Subsidiaries, it is principally involved in the provision of EPCC services and contracting services for solar PV systems. The company also complement its solar PV system projects through the provision of O&M services to assist its customers in operating and maintaining their solar PV systems.
5GF Score
Get the complete analysis for XKLS:0369
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:0369 has been successfully added to your 