603162.SS
Price:
$13.07
Market Cap:
$12.10B
Fujian Highton Development Co., Ltd. engages in the coastal and international ocean dry bulk transportation business in China and internationally. The company transports coal, iron ore, slag, and other dry bulk goods, as well as fertilizers, grain, and other goods. It is involved in the voyage and time charter businesses; and cargo transportation services. In addition, it has a 19 long-term leased dry bulk ships and 32 self-operated dry bulk ships. Fujian Highton Development Co., Ltd. was founded in 2009 and is based in Fuzhou, China.
Industry
Marine Shipping
IPO Date
2023-03-29
Stock Exchange
SHH
Ticker
603162.SS
According to Fujian Highton Development’s latest financial reports and current stock price. The company's current ROE is 9.31%. This represents a change of 301.88% compared to the average of 2.32% of the last 4 quarters.
The mean historical ROE of Fujian Highton Development over the last ten years is 14.27%. The current 9.31% ROE has changed -34.72% with respect to the historical average. Over the past ten years (40 quarters), 603162.SS's ROE was at its highest in in the June 2022 quarter at 10.01%. The ROE was at its lowest in in the December 2014 quarter at 0%.
Average
14.27%
Median
11.28%
Minimum
0.36%
Maximum
39.03%
Discovering the peaks and valleys of Fujian Highton Development 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 = 3.39%
Maximum Annual ROE = 39.03%
Minimum Annual Increase = -94.40%
Minimum Annual ROE = 0.36%
| Year | ROE | Change |
|---|---|---|
| 2024 | 13.33% | 161.91% |
| 2023 | 5.09% | -84.49% |
| 2022 | 32.81% | -15.94% |
| 2021 | 39.03% | 290.59% |
| 2020 | 9.99% | -40.67% |
| 2019 | 16.84% | 34.05% |
| 2016 | 12.56% | 3.39% |
| 2015 | 0.36% | -94.40% |
| 2014 | 6.42% | 2.85% |
The current ROE of Fujian Highton Development (603162.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
17.07%
5-year avg
20.05%
10-year avg
14.27%
Fujian Highton Development’s ROE is less than Rizhao Port Co., Ltd. (3.91%), less than Wuhan East Lake High Technology Group Co., Ltd. (4.37%), less than Beijing Lier High-temperature Materials Co.,Ltd. (6.43%), less than Fujian Expressway Development Co.,Ltd (6.70%), less than Xiamen Port Development Co., Ltd. (4.09%), less than L&K Engineering (Suzhou) Co.,Ltd. (34.43%), less than Asian Star Anchor Chain Co., Ltd. Jiangsu (8.19%), less than Ningbo Haitian Precision Machinery Co.,Ltd. (16.44%), less than Ningbo Dechang Electrical Machinery Made Co., Ltd. (8.97%), less than Jade Bird Fire Co., Ltd. (4.13%),
| Company | ROE | Market cap |
|---|---|---|
| 3.91% | $9.35B | |
| 4.37% | $9.85B | |
| 6.43% | $9.07B | |
| 6.70% | $11.97B | |
| 4.09% | $9.07B | |
| 34.43% | $15.72B | |
| 8.19% | $10.14B | |
| 16.44% | $10.09B | |
| 8.97% | $8.55B | |
| 4.13% | $9.35B |
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