603218.SS
Price:
$12.87
Market Cap:
$13.16B
Riyue Heavy Industry Co., Ltd. manufactures and sells large and extra-large heavy duty equipment castings. The company's primary products include wind power turbine generator, heavy diesel engine, large plastic injection molding machine, large machining center, and giant mining machine series of castings. It also provides lement machine, gear box, centrifugal ingot mould, slider of machine, and fly-wheel gear series of castings, as well as heavy section ductile iron castings. The company is based in Ningbo, China.
Industry
Industrial - Machinery
IPO Date
2016-12-28
Stock Exchange
SHH
Ticker
603218.SS
According to Riyue Heavy Industry Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is 5.38%. This represents a change of 300.42% compared to the average of 1.34% of the last 4 quarters.
The mean historical ROE of Riyue Heavy Industry Co., Ltd. over the last ten years is 11.02%. The current 5.38% ROE has changed -51.19% with respect to the historical average. Over the past ten years (40 quarters), 603218.SS's ROE was at its highest in in the December 2015 quarter at 9.62%. The ROE was at its lowest in in the June 2022 quarter at 0.49%.
Average
11.02%
Median
8.82%
Minimum
3.59%
Maximum
31.16%
Discovering the peaks and valleys of Riyue Heavy Industry 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 = 50.76%
Maximum Annual ROE = 31.16%
Minimum Annual Increase = -58.15%
Minimum Annual ROE = 3.59%
| Year | ROE | Change |
|---|---|---|
| 2024 | 6.16% | 25.85% |
| 2023 | 4.90% | 36.30% |
| 2022 | 3.59% | -53.24% |
| 2021 | 7.68% | -34.91% |
| 2020 | 11.80% | -17.14% |
| 2019 | 14.24% | 50.76% |
| 2018 | 9.45% | 15.36% |
| 2017 | 8.19% | -37.18% |
| 2016 | 13.04% | -58.15% |
| 2015 | 31.16% | 21.48% |
The current ROE of Riyue Heavy Industry Co., Ltd. (603218.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
4.88%
5-year avg
6.83%
10-year avg
11.02%
Riyue Heavy Industry Co., Ltd.’s ROE is less than Windey Energy Technology Group Co., Ltd. (7.13%), less than BOZHON Precision Industry Technology Co.,Ltd (10.49%), less than Hangzhou Honghua Digital Technology Stock Company Ltd. (14.96%), less than Xi'an Shaangu Power Co., Ltd. (11.15%), less than Shenzhen Hopewind Electric Co., Ltd. (11.19%), less than Zhejiang Dun'an Artificial Environment Co., Ltd (19.68%), less than Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (8.20%), less than Weichai Heavy Machinery Co., Ltd. (11.22%), less than Wuxi Huaguang Environment & Energy Group Co.,Ltd. (6.41%), less than Kaishan Group Co., Ltd. (6.16%),
| Company | ROE | Market cap |
|---|---|---|
| 7.13% | $14.52B | |
| 10.49% | $14.83B | |
| 14.96% | $14.10B | |
| 11.15% | $17.46B | |
| 11.19% | $15.30B | |
| 19.68% | $13.40B | |
| 8.20% | $13.25B | |
| 11.22% | $12.08B | |
| 6.41% | $16.17B | |
| 6.16% | $13.94B |
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