Fujian Newchoice Pipe Technology Co., Ltd.

Fujian Newchoice Pipe Technology Co., Ltd.verified

300198.SZ

Price:

$2.52

Market Cap:

$2.60B

Fujian Newchoice Pipe Technology Co., Ltd. engages in the research, development, production, sales of pipes in the field of water supply and drainage. Its products include steel skeleton polyethylene, high density polyethylene, green safety PE solid wall tube, and continuous winding fiberglass reinforced tube. The company was founded on June 11, 2003 and is headquartered in Quanzhou, China.

Industry

Construction

IPO Date

2011-04-07

Stock Exchange

SHZ

Ticker

300198.SZ

The ROE as of December 2025 (TTM) for Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ) is -478.06%

According to Fujian Newchoice Pipe Technology Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is -478.06%. This represents a change of 309.13% compared to the average of -116.85% of the last 4 quarters.

Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ) Historical ROE (quarterly & annually)

How has 300198.SZ ROE performed in the past?

The mean historical ROE of Fujian Newchoice Pipe Technology Co., Ltd. over the last ten years is -32.27%. The current -478.06% ROE has changed 1.38% with respect to the historical average. Over the past ten years (40 quarters), 300198.SZ's ROE was at its highest in in the June 2019 quarter at 24.27%. The ROE was at its lowest in in the December 2024 quarter at -177.92%.

Quarterly (TTM)
Annual

Average

-32.27%

Median

-2.80%

Minimum

-241.94%

Maximum

16.93%

Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ) ROE by Quarter and Year

Discovering the peaks and valleys of Fujian Newchoice Pipe Technology 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 = 497.13%

Maximum Annual ROE = 16.93%

Minimum Annual Increase = -891.16%

Minimum Annual ROE = -241.94%

Quarterly (TTM)
Annual
YearROEChange
2024-241.94%497.13%
2023-40.52%39.60%
2022-29.02%264.16%
2021-7.97%-339.56%
20203.33%-80.35%
201916.93%-149.55%
2018-34.16%-891.16%
20174.32%7.30%
20164.02%70.29%
20152.36%-46.71%

Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ) Average ROE

How has 300198.SZ ROE performed in the past?

The current ROE of Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-103.83%

5-year avg

-63.22%

10-year avg

-32.27%

Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ) ROE vs. Peers

How is 300198.SZ’s ROE compared to its peers?

Fujian Newchoice Pipe Technology Co., Ltd.’s ROE is greater than DO & SHUIHUA Group Co., Ltd. Class A (-33.08%), less than Ningbo Xianfeng New Material Co.,Ltd (17.45%), less than Zhejiang Lianxiang Smart Home Co., Ltd. (3.71%), greater than XinJiang GuoTong Pipeline CO.,Ltd (-66.42%), less than Harbin Air Conditioning Co.,Ltd. (-2.17%), greater than Wuhan Tianyu Information Industry Co., Ltd. (-35.95%), greater than Yorhe Fluid Intelligent Control Co., Ltd. (-57.56%), less than Tangshan Jidong Equipment and Engineering Co.,Ltd. (4.46%), less than Guangdong Xiongsu Technology Group Co., Ltd (-4.26%), greater than Guizhou Transportation Planning Survey&Design Academe Co.,Ltd. (-11.77%),

Build a custom stock screener for Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ) and other stocks

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 Fujian Newchoice Pipe Technology 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:

Custom stock screener in Wisesheets

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.

Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Fujian Newchoice Pipe Technology 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.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Fujian Newchoice Pipe Technology Co., Ltd.'s ROE?

How is the ROE calculated for Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ)?

What is the highest ROE for Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ)?

What is the 3-year average ROE for Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ)?

What is the 5-year average ROE for Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ)?

How does the current ROE for Fujian Newchoice Pipe Technology Co., Ltd. (300198.SZ) compare to its historical average?