300881.SZ
Price:
$33.98
Market Cap:
$3.73B
Shengtak New Material Co., Ltd engages in the research and development, production, and sale of seamless steel pipes for use in industrial energy equipment in China. The company offers alloy steel, stainless steel, and carbon steel pipes for use in power station boiler equipment manufacturing industries, petroleum refining, and other industries. It also produces and sells pressure-welded steel gratings and ball joint railings for power plant boiler manufacturers. The company was founded in 2001 and is based in Changzhou, China.
Industry
Steel
IPO Date
2020-09-01
Stock Exchange
SHZ
Ticker
300881.SZ
According to Shengtak New Material Co., Ltd’s latest financial reports and current stock price. The company's current ROE is 17.28%. This represents a change of 302.34% compared to the average of 4.29% of the last 4 quarters.
The mean historical ROE of Shengtak New Material Co., Ltd over the last ten years is 13.62%. The current 17.28% ROE has changed 26.85% with respect to the historical average. Over the past ten years (40 quarters), 300881.SZ's ROE was at its highest in in the June 2024 quarter at 7.52%. The ROE was at its lowest in in the March 2013 quarter at 0.45%.
Average
13.62%
Median
12.36%
Minimum
6.74%
Maximum
21.45%
Discovering the peaks and valleys of Shengtak New Material 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 = 144.21%
Maximum Annual ROE = 21.45%
Minimum Annual Increase = -62.31%
Minimum Annual ROE = 6.74%
| Year | ROE | Change |
|---|---|---|
| 2024 | 21.45% | 64.41% |
| 2023 | 13.04% | 49.00% |
| 2022 | 8.75% | 29.80% |
| 2021 | 6.74% | -4.63% |
| 2020 | 7.07% | -62.31% |
| 2019 | 18.76% | -7.18% |
| 2018 | 20.21% | 144.21% |
| 2017 | 8.28% | -59.07% |
| 2016 | 20.22% | 73.04% |
| 2014 | 11.69% | 3.51% |
The current ROE of Shengtak New Material Co., Ltd (300881.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
14.41%
5-year avg
11.41%
10-year avg
13.62%
Shengtak New Material Co., Ltd’s ROE is less than Zhejiang Kingland Pipeline and Technologies Co.,Ltd. (4.97%), greater than Hubei Fuxing Science and Technology Co.,Ltd (-38.53%), less than Luyin Investment Group Co.,Ltd. (6.49%), less than Zhejiang Huada New Materials Co., Ltd. (6.49%), less than Liaoning Fu-An Heavy Industry Co.,Ltd (2.78%), greater than Guizhou Wire Rope Incorporated Company (-4.99%), less than ShanDong Cynda Chemical Co.,Ltd (7.97%), greater than Beijing Kaiwen Education Technology Co., Ltd (-0.64%), less than Apple Flavor & Fragrance Group Co.,Ltd. (5.55%), less than Zhejiang Jianye Chemical Co., Ltd. (10.45%),
| Company | ROE | Market cap |
|---|---|---|
| 4.97% | $4.12B | |
| -38.53% | $3.89B | |
| 6.49% | $4.37B | |
| 6.49% | $4.17B | |
| 2.78% | $4.84B | |
| -4.99% | $3.33B | |
| 7.97% | $3.63B | |
| -0.64% | $3.70B | |
| 5.55% | $3.76B | |
| 10.45% | $4.32B |
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