603656.SS
Price:
$23.27
Market Cap:
$4.18B
Hefei Taihe Optoelectronic Technology Co., Ltd. engages in the research and development, production, marketing, installation, and technical services of artificial intelligence, control technology, and robot systems. Its products include intelligent sorting system for dried fruits, bean color sorter, photoelectric intelligent dry type coal separator, observation rice color sorter, ores color sorter, cashew nuts color sorter, plastic color sorter, coffee beans color sorter, integrated x-ray inspection system for bulk material, grain color sorter, intelligent fruit grading system, tea color sorter, and infrared series color sorters. The company was founded in 2004 and is based in Hefei, China.
Industry
Industrial - Machinery
IPO Date
2017-03-21
Stock Exchange
SHH
Ticker
603656.SS
According to Hefei Taihe Optoelectronic Technology Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is 2.35%. This represents a change of 302.92% compared to the average of 0.58% of the last 4 quarters.
The mean historical ROE of Hefei Taihe Optoelectronic Technology Co., Ltd. over the last ten years is 8.52%. The current 2.35% ROE has changed -72.41% with respect to the historical average. Over the past ten years (40 quarters), 603656.SS's ROE was at its highest in in the September 2016 quarter at 8.66%. The ROE was at its lowest in in the December 2023 quarter at -0.92%.
Average
8.52%
Median
5.61%
Minimum
0.86%
Maximum
23.98%
Discovering the peaks and valleys of Hefei Taihe Optoelectronic 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 = 93.26%
Maximum Annual ROE = 23.98%
Minimum Annual Increase = -60.84%
Minimum Annual ROE = 0.86%
| Year | ROE | Change |
|---|---|---|
| 2024 | 1.67% | 93.26% |
| 2023 | 0.86% | -60.84% |
| 2022 | 2.20% | -42.96% |
| 2021 | 3.86% | -14.34% |
| 2020 | 4.51% | -32.84% |
| 2019 | 6.71% | -26.68% |
| 2018 | 9.15% | -13.41% |
| 2017 | 10.57% | -51.28% |
| 2016 | 21.69% | -9.57% |
| 2015 | 23.98% | -17.79% |
The current ROE of Hefei Taihe Optoelectronic Technology Co., Ltd. (603656.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
1.58%
5-year avg
2.62%
10-year avg
8.52%
Hefei Taihe Optoelectronic Technology Co., Ltd.’s ROE is less than Shanghai SK Petroleum & Chemical Equipment Corporation Ltd. (4.13%), less than Hangzhou Jizhi Mechatronic Co., Ltd. (4.59%), greater than Changyuan Technology Group Ltd. (-32.24%), less than JiangSu Zhenjiang New Energy Equipment Co., Ltd. (2.32%), greater than KraussMaffei Company Limited (-69.29%), greater than Jin Tong Ling Technology Group Co., Ltd. (-264.00%), less than Zhongjin Irradiation Incorporated Company (10.55%), less than Sichuan Shudao Equipment & Technology Co.,Ltd. (6.25%), less than Jiangsu Rutong Petro-Machinery Co., Ltd (8.55%), less than MH Robot & Automation Co., Ltd. (6.23%),
| Company | ROE | Market cap |
|---|---|---|
| 4.13% | $4.24B | |
| 4.59% | $3.90B | |
| -32.24% | $4.88B | |
| 2.32% | $4.41B | |
| -69.29% | $4.32B | |
| -264.00% | $4.48B | |
| 10.55% | $4.53B | |
| 6.25% | $4.35B | |
| 8.55% | $4.64B | |
| 6.23% | $4.18B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Hefei Taihe Optoelectronic Technology Co., Ltd. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Hefei Taihe Optoelectronic Technology Co., Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Hefei Taihe Optoelectronic Technology Co., Ltd.'s ROE?
How is the ROE calculated for Hefei Taihe Optoelectronic Technology Co., Ltd. (603656.SS)?
What is the highest ROE for Hefei Taihe Optoelectronic Technology Co., Ltd. (603656.SS)?
What is the 3-year average ROE for Hefei Taihe Optoelectronic Technology Co., Ltd. (603656.SS)?
What is the 5-year average ROE for Hefei Taihe Optoelectronic Technology Co., Ltd. (603656.SS)?
How does the current ROE for Hefei Taihe Optoelectronic Technology Co., Ltd. (603656.SS) compare to its historical average?