Jiangsu Changbao Steeltube Co.,Ltd

Jiangsu Changbao Steeltube Co.,Ltdverified

002478.SZ

Price:

$8.37

Market Cap:

$7.54B

Jiangsu Changbao Steeltube Co.,Ltd produces and sells steel tubes in the People's Republic of China. The company offers OCTG products for petroleum industry, including connection tubings and casings, coupling stocks, perforating gun carrier pipes, petroleum tool pipes, drill pipes, and slotted pipes; boiler tubes for power generation; steel tubes for auto industry comprising automobile precision tubes, piping for hydraulic cylinders, and axel tubes; petrochemical tubes, steel tubes for low temperature resistance, and high pressure fertilizer tubes; and steel tubes for engineering machinery industry, such as mechanical steel pipes, boom pipes, and piping for hydraulic cylinders. It also provi...[Read more]

Industry

Steel

IPO Date

2010-09-21

Stock Exchange

SHZ

Ticker

002478.SZ

The ROE as of December 2025 (TTM) for Jiangsu Changbao Steeltube Co.,Ltd (002478.SZ) is 10.67%

According to Jiangsu Changbao Steeltube Co.,Ltd’s latest financial reports and current stock price. The company's current ROE is 10.67%. This represents a change of 298.72% compared to the average of 2.68% of the last 4 quarters.

Jiangsu Changbao Steeltube Co.,Ltd (002478.SZ) Historical ROE (quarterly & annually)

How has 002478.SZ ROE performed in the past?

The mean historical ROE of Jiangsu Changbao Steeltube Co.,Ltd over the last ten years is 8.25%. The current 10.67% ROE has changed 29.33% with respect to the historical average. Over the past ten years (40 quarters), 002478.SZ's ROE was at its highest in in the June 2023 quarter at 5.19%. The ROE was at its lowest in in the December 2020 quarter at -3.54%.

Quarterly (TTM)
Annual

Average

8.25%

Median

8.62%

Minimum

2.80%

Maximum

14.98%

Jiangsu Changbao Steeltube Co.,Ltd (002478.SZ) ROE by Quarter and Year

Discovering the peaks and valleys of Jiangsu Changbao Steeltube 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 = 221.07%

Maximum Annual ROE = 14.98%

Minimum Annual Increase = -79.20%

Minimum Annual ROE = 2.80%

Quarterly (TTM)
Annual
YearROEChange
202411.25%-24.89%
202314.98%45.60%
202210.29%221.07%
20213.20%14.35%
20202.80%-79.20%
201913.47%11.45%
201812.09%213.08%
20173.86%5.67%
20163.65%-47.45%
20156.95%-19.26%

Jiangsu Changbao Steeltube Co.,Ltd (002478.SZ) Average ROE

How has 002478.SZ ROE performed in the past?

The current ROE of Jiangsu Changbao Steeltube Co.,Ltd (002478.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

12.17%

5-year avg

8.50%

10-year avg

8.25%

Jiangsu Changbao Steeltube Co.,Ltd (002478.SZ) ROE vs. Peers

How is 002478.SZ’s ROE compared to its peers?

Jiangsu Changbao Steeltube Co.,Ltd’s ROE is greater than Zhe Jiang Kangsheng Co.,Ltd. (-5.21%), less than Yongjin Technology Group Co., Ltd. (11.54%), less than Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (1.60%), greater than Lingyuan Iron & Steel Co., Ltd. (-22.30%), less than Hang Xiao Steel Structure Co., Ltd. (2.21%), greater than Guangdong Zhongnan Iron & Steel Co., Ltd. (-5.35%), less than Zhejiang Kingland Pipeline and Technologies Co.,Ltd. (4.97%), less than XinJiang Ba Yi Iron & Steel Co.,Ltd. (273.05%), less than Jiangsu Changhai Composite Materials Co., Ltd (7.01%), less than Kunming Chuan Jin Nuo Chemical Co., Ltd. (14.01%),

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