002318.SZ
Price:
$26.68
Market Cap:
$25.32B
Zhejiang Jiuli Hi-Tech Metals Co., Ltd. manufactures and sells stainless steel pipes and tubes worldwide. Its products include austenitic stainless steel pipes/tubes, duplex stainless steel, corrosion and high temperature resistant alloys, ferritic stainless steel, precipitation hardening stainless steel, clad/lined pipes, titanium alloys, and pipe fittings. The company's products are used in civil nuclear power, thermal/hydro electric generation, oil and gas, refinery, chemical, offshore engineering and shipbuilding, seawater desalination and water treatment, natural gas, and instrumentation tubing industries, as well as aerospace, auto, fertilizer, chemical fiber, pulp and paper, food, etc...[Read more]
Industry
Steel
IPO Date
2009-12-11
Stock Exchange
SHZ
Ticker
002318.SZ
According to Zhejiang Jiuli Hi-Tech Metals Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is 21.39%. This represents a change of 299.54% compared to the average of 5.35% of the last 4 quarters.
The mean historical ROE of Zhejiang Jiuli Hi-Tech Metals Co., Ltd. over the last ten years is 13.20%. The current 21.39% ROE has changed 62.01% with respect to the historical average. Over the past ten years (40 quarters), 002318.SZ's ROE was at its highest in in the September 2020 quarter at 7.95%. The ROE was at its lowest in in the December 2015 quarter at 0.24%.
Average
13.20%
Median
15.10%
Minimum
4.62%
Maximum
20.71%
Discovering the peaks and valleys of Zhejiang Jiuli Hi-Tech Metals 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 = 107.25%
Maximum Annual ROE = 20.71%
Minimum Annual Increase = -36.83%
Minimum Annual ROE = 4.62%
| Year | ROE | Change |
|---|---|---|
| 2024 | 18.91% | -7.95% |
| 2023 | 20.55% | -0.79% |
| 2022 | 20.71% | 32.93% |
| 2021 | 15.58% | -2.97% |
| 2020 | 16.06% | 9.83% |
| 2019 | 14.62% | 52.74% |
| 2018 | 9.57% | 107.25% |
| 2017 | 4.62% | -28.03% |
| 2016 | 6.42% | 28.63% |
| 2015 | 4.99% | -36.83% |
The current ROE of Zhejiang Jiuli Hi-Tech Metals Co., Ltd. (002318.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
20.06%
5-year avg
18.36%
10-year avg
13.20%
Zhejiang Jiuli Hi-Tech Metals Co., Ltd.’s ROE is less than Yongxing Special Materials Technology Co.,Ltd (4.83%), less than Shanxi Taigang Stainless Steel Co., Ltd. (0.43%), greater than Angang Steel Company Limited (-8.71%), less than Qingdao East Steel Tower Stock Co.Ltd (10.11%), less than Hbis Company Limited (1.69%), less than Inner Mongolia Yuan Xing Energy Co.,Ltd (7.35%), less than Xinfengming Group Co., Ltd. (6.06%), less than Luxi Chemical Group Co., Ltd. (7.81%), less than Hainan Mining Co., Ltd. (6.70%), less than Bluestar Adisseo Company (7.28%),
| Company | ROE | Market cap |
|---|---|---|
| 4.83% | $25.72B | |
| 0.43% | $28.31B | |
| -8.71% | $23.79B | |
| 10.11% | $21.36B | |
| 1.69% | $24.19B | |
| 7.35% | $25.97B | |
| 6.06% | $25.79B | |
| 7.81% | $29.59B | |
| 6.70% | $20.47B | |
| 7.28% | $24.30B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Zhejiang Jiuli Hi-Tech Metals Co., Ltd. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Zhejiang Jiuli Hi-Tech Metals Co., Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Zhejiang Jiuli Hi-Tech Metals Co., Ltd.'s ROE?
How is the ROE calculated for Zhejiang Jiuli Hi-Tech Metals Co., Ltd. (002318.SZ)?
What is the highest ROE for Zhejiang Jiuli Hi-Tech Metals Co., Ltd. (002318.SZ)?
What is the 3-year average ROE for Zhejiang Jiuli Hi-Tech Metals Co., Ltd. (002318.SZ)?
What is the 5-year average ROE for Zhejiang Jiuli Hi-Tech Metals Co., Ltd. (002318.SZ)?
How does the current ROE for Zhejiang Jiuli Hi-Tech Metals Co., Ltd. (002318.SZ) compare to its historical average?