000534.SZ
Price:
$23.97
Market Cap:
$11.77B
Wedge Industrial Co., Ltd., based in Shantou, China, has been in operation since its founding in 1992. The company maintains a diversified business approach, primarily engaging in the investment, development, operational management, and interior decoration of real estate assets across China. Additionally, its activities extend to the full lifecycle of microecological preparations and superalloys, encompassing their research, development, production, and market distribution. The enterprise adopted its current name in May 2013, having previously operated under the name Guangdong Wanze Industrial Co., Ltd.
Industry
Conglomerates
IPO Date
1994-01-10
Stock Exchange
SHZ
Ticker
000534.SZ
According to Wedge Industrial Co.,Ltd.’s latest financial reports and current stock price. The company's current ROE is 12.01%. This represents a change of 300.97% compared to the average of 3.00% of the last 4 quarters.
The mean historical ROE of Wedge Industrial Co.,Ltd. over the last ten years is 9.32%. The current 12.01% ROE has changed 28.87% with respect to the historical average. Over the past ten years (40 quarters), 000534.SZ's ROE was at its highest in in the March 2024 quarter at 5.65%. The ROE was at its lowest in in the March 2017 quarter at -1.68%.
Average
9.32%
Median
8.41%
Minimum
5.50%
Maximum
14.57%
Discovering the peaks and valleys of Wedge Industrial Co.,Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 70.76%
Maximum Annual ROE = 14.57%
Minimum Annual Increase = -13.23%
Minimum Annual ROE = 5.50%
| Year | ROE | Change |
|---|---|---|
| 2025 | 12.29% | -13.23% |
| 2024 | 14.16% | -2.81% |
| 2023 | 14.57% | 70.76% |
| 2022 | 8.53% | -4.08% |
| 2021 | 8.90% | 15.92% |
| 2020 | 7.67% | 2.92% |
| 2019 | 7.46% | -9.96% |
| 2018 | 8.28% | 41.18% |
| 2017 | 5.87% | 6.67% |
| 2016 | 5.50% | 55.37% |
The current ROE of Wedge Industrial Co.,Ltd. (000534.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
13.67%
5-year avg
11.69%
10-year avg
9.32%
Wedge Industrial Co.,Ltd.’s ROE is less than Henan Yuneng Holdings Co.,Ltd. (9.98%), less than Guangdong Shunkong Development Co.,Ltd. (10.67%), less than GuiZhou QianYuan Power Co., Ltd. (15.83%), less than Chongqing Gas Group Corporation Ltd. (3.12%), less than Hangzhou Cogeneration Group Co., Ltd. (7.01%), less than Guangzhou Hengyun Enterprises Holding Ltd (4.77%), less than Top Energy Company Ltd.Shanxi (8.61%), less than Jiangxi Ganneng Co., Ltd. (12.86%), greater than Sichuan Guangan Aaapublic Co.,Ltd (-8.44%), less than Chengdu Gas Group Corporation Ltd. (9.29%),
| Company | ROE | Market cap |
|---|---|---|
| 9.98% | $17.68B | |
| 10.67% | $7.92B | |
| 15.83% | $8.19B | |
| 3.12% | $7.65B | |
| 7.01% | $6.74B | |
| 4.77% | $5.79B | |
| 8.61% | $7.17B | |
| 12.86% | $9.10B | |
| -8.44% | $4.85B | |
| 9.29% | $7.84B |
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