301596.SZ
Price:
$74.36
Market Cap:
$5.74B
Reach Machinery Co., Ltd. engages in the research, development, production, and sale of components for automation equipment, power transmission, and braking systems in China and internationally. The company offers precision transmission parts, electromagnetic brakes and clutches, harmonic reducers, couplings, expansion sleeves, and synchro wheels. Its products used in robots, automated production lines, elevators, wind power products, CNC equipment, cranes, tower cranes, electric forklifts, automated three-dimensional parking garages, high-altitude platform vehicles, other automation equipment, and high-end equipment manufacturing fields. The company was founded in 2009 and is based in Cheng...[Read more]
Industry
Auto - Parts
IPO Date
2024-05-13
Stock Exchange
SHZ
Ticker
301596.SZ
According to Reach Machinery Co Ltd’s latest financial reports and current stock price. The company's current ROE is 12.62%. This represents a change of 299.82% compared to the average of 3.16% of the last 4 quarters.
The mean historical ROE of Reach Machinery Co Ltd over the last ten years is 19.50%. The current 12.62% ROE has changed -35.30% with respect to the historical average. Over the past ten years (40 quarters), 301596.SZ's ROE was at its highest in in the June 2023 quarter at 7.18%. The ROE was at its lowest in in the March 2025 quarter at 2.75%.
Average
19.50%
Median
21.97%
Minimum
12.15%
Maximum
23.02%
Discovering the peaks and valleys of Reach Machinery 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 = 40.51%
Maximum Annual ROE = 23.02%
Minimum Annual Increase = -46.00%
Minimum Annual ROE = 12.15%
| Year | ROE | Change |
|---|---|---|
| 2024 | 12.15% | -46.00% |
| 2023 | 22.49% | -0.63% |
| 2022 | 22.63% | -1.68% |
| 2021 | 23.02% | 7.36% |
| 2020 | 21.44% | 40.51% |
The current ROE of Reach Machinery Co Ltd (301596.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
19.09%
5-year avg
20.35%
10-year avg
19.50%
Reach Machinery Co Ltd’s ROE is less than Chongqing Qin'an M&E PLC. (7.17%), less than Jiangyin Pivot Automotive Products Co., Ltd. (8.58%), less than Qingdao CHOHO Industrial Co., Ltd (12.68%), less than Guizhou Guihang Automotive Components Co.,Ltd (5.76%), less than Jiangsu Changshu Automotive Trim Group Co., Ltd. (7.42%), less than Xuchang Yuandong Drive Shaft Co.Ltd (3.17%), less than Chengdu Xiling Power Science & Technology Incorporated Company (5.36%), less than ZYNP Corporation (8.22%), less than Jiangyin Haida Rubber And Plastic Co., Ltd. (8.84%), less than Chuzhou Duoli Automotive Technology Co., Ltd. (5.99%),
| Company | ROE | Market cap |
|---|---|---|
| 7.17% | $8.22B | |
| 8.58% | $4.40B | |
| 12.68% | $4.78B | |
| 5.76% | $5.90B | |
| 7.42% | $5.75B | |
| 3.17% | $5.56B | |
| 5.36% | $5.37B | |
| 8.22% | $6.41B | |
| 8.84% | $5.79B | |
| 5.99% | $6.91B |
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