301539.SZ
Price:
$20.38
Market Cap:
$3.02B
Zhejiang Hongxin Technology Co., Ltd. manufactures and sells forged aluminum alloy wheels for commercial and passenger vehicle applications in China and internationally. The company was founded in 2006 and is based in Taizhou, China.
Industry
Auto - Parts
IPO Date
2024-04-15
Stock Exchange
SHZ
Ticker
301539.SZ
According to Zhejiang Hongxin Technology Co Ltd’s latest financial reports and current stock price. The company's current ROE is 7.69%. This represents a change of 299.96% compared to the average of 1.92% of the last 4 quarters.
The mean historical ROE of Zhejiang Hongxin Technology Co Ltd over the last ten years is 20.29%. The current 7.69% ROE has changed -62.09% with respect to the historical average. Over the past ten years (40 quarters), 301539.SZ's ROE was at its highest in in the December 2021 quarter at 9.48%. The ROE was at its lowest in in the September 2022 quarter at 0%.
Average
20.29%
Median
20.64%
Minimum
6.45%
Maximum
34.50%
Discovering the peaks and valleys of Zhejiang Hongxin 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 = 6.47%
Maximum Annual ROE = 34.50%
Minimum Annual Increase = -60.76%
Minimum Annual ROE = 6.45%
| Year | ROE | Change |
|---|---|---|
| 2024 | 6.45% | -60.76% |
| 2023 | 16.45% | -16.20% |
| 2022 | 19.63% | -14.87% |
| 2021 | 23.05% | 6.47% |
| 2020 | 21.65% | -37.23% |
The current ROE of Zhejiang Hongxin Technology Co Ltd (301539.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
14.18%
5-year avg
17.45%
10-year avg
20.29%
Zhejiang Hongxin Technology Co Ltd’s ROE is less than Guangzhou Jinzhong Auto Parts Manufacturing Co., Ltd. (4.02%), less than Zhejiang Double Arrow Rubber Co., Ltd. (3.13%), less than Zhejiang Liming Intelligent Manufacturing Co.,Ltd. (4.78%), less than Sichuan Haowu Electromechanical Co., Ltd. (2.97%), less than Zhejiang Jinfei Kaida Wheel Co.,Ltd. (2.83%), greater than Guangdong Dcenti Auto-Parts Stock Limited Company (-50.08%), less than GuangDong HongTeo Technology Co.,Ltd. Class A (2.76%), greater than Changqing Machinery Company Limited (-2.93%), less than Changchun Yidong Clutch CO.,LTD (2.02%), less than Wuhan Lincontrol Automotive Electronics Co., Ltd. (4.96%),
| Company | ROE | Market cap |
|---|---|---|
| 4.02% | $3.54B | |
| 3.13% | $2.84B | |
| 4.78% | $3.17B | |
| 2.97% | $2.69B | |
| 2.83% | $3.60B | |
| -50.08% | $2.62B | |
| 2.76% | $2.68B | |
| -2.93% | $2.81B | |
| 2.02% | $2.78B | |
| 4.96% | $3.02B |
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