603040.SS
Price:
$81.45
Market Cap:
$11.03B
Hangzhou XZB Tech Co.,Ltd researches, develops, manufactures, and sells valve train systems and parts for the car industry. The company provides valve cotters, valve spring retainers, hydraulic lash adjusters and finger followers, push rods, and tappets for heavy duty diesel engines. It also offers precision cold forming components for power tool, household electrical appliance, aerospace, machinery, and other applications. The company was founded in 2002 and is based in Hangzhou, China. Hangzhou XZB Tech Co.,Ltd is a subsidiary of Hangzhou Zuofeng Investment Management Co., Ltd.
Industry
Auto - Parts
IPO Date
2017-02-09
Stock Exchange
SHH
Ticker
603040.SS
According to Hangzhou XZB Tech Co.,Ltd’s latest financial reports and current stock price. The company's current ROE is 18.37%. This represents a change of 300.85% compared to the average of 4.58% of the last 4 quarters.
The mean historical ROE of Hangzhou XZB Tech Co.,Ltd over the last ten years is 16.41%. The current 18.37% ROE has changed 11.95% with respect to the historical average. Over the past ten years (40 quarters), 603040.SS's ROE was at its highest in in the December 2016 quarter at 7.90%. The ROE was at its lowest in in the September 2021 quarter at 2.31%.
Average
16.41%
Median
15.96%
Minimum
14.13%
Maximum
19.84%
Discovering the peaks and valleys of Hangzhou XZB Tech 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 = 8.91%
Maximum Annual ROE = 19.84%
Minimum Annual Increase = -18.10%
Minimum Annual ROE = 14.13%
| Year | ROE | Change |
|---|---|---|
| 2024 | 15.64% | 6.30% |
| 2023 | 14.72% | 4.16% |
| 2022 | 14.13% | -2.81% |
| 2021 | 14.54% | -10.70% |
| 2020 | 16.28% | -1.10% |
| 2019 | 16.46% | 8.91% |
| 2018 | 15.11% | -16.21% |
| 2017 | 18.04% | -9.08% |
| 2016 | 19.84% | 2.38% |
| 2015 | 19.38% | -18.10% |
The current ROE of Hangzhou XZB Tech Co.,Ltd (603040.SS) 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
14.83%
5-year avg
15.06%
10-year avg
16.41%
Hangzhou XZB Tech Co.,Ltd’s ROE is less than HyUnion Holding Co.,Ltd (4.85%), less than Xiangyang Changyuandonggu Industry Co., Ltd. (12.59%), less than Jiangsu NanFang Precision Co.,Ltd. (26.77%), less than Zhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd (12.61%), less than Jiangsu Yunyi Electric Co.,Ltd. (13.37%), less than GUILIN FUDA Co.,Ltd. (11.56%), less than Ningbo KBE Electrical Technology Co.,Ltd. (11.65%), less than Aotecar New Energy Technology Co., Ltd. (2.27%), less than Zhejiang Wanliyang Co., Ltd. (5.53%), less than Wuxi Longsheng Technology Co.,Ltd (14.46%),
| Company | ROE | Market cap |
|---|---|---|
| 4.85% | $9.44B | |
| 12.59% | $9.85B | |
| 26.77% | $9.22B | |
| 12.61% | $9.30B | |
| 13.37% | $9.66B | |
| 11.56% | $9.47B | |
| 11.65% | $8.96B | |
| 2.27% | $9.87B | |
| 5.53% | $11.83B | |
| 14.46% | $11.33B |
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