Qingdao Gaoce Technology Co., Ltd

Qingdao Gaoce Technology Co., Ltdverified

688556.SS

Price:

$8.68

Market Cap:

$4.75B

Qingdao Gaoce Technology Co., Ltd researches, develops, manufactures, and sells cutting equipment for hard and brittle materials, and cutting tools in China. It offers wire cutting equipment and tools, including grinding polishing and chamfering machines, silicon wafering machines, full-automatic diamond wire multi-silicon squaring machines, mono-silicon cutting machines, polysilicon croppers, multi-silicon brick cutting machines, single mono-silicon rod squaring machines, silicon waering diamond wires, and sapphire wafering diamond wires. The company also provides tire testing machines, such as tire section cutting machines, durability testing machines for construction machinery tire, indus...[Read more]

Industry

Industrial - Machinery

IPO Date

2020-08-07

Stock Exchange

SHH

Ticker

688556.SS

The ROE as of April 2025 (TTM) for Qingdao Gaoce Technology Co., Ltd (688556.SS) is 12.15%

According to Qingdao Gaoce Technology Co., Ltd’s latest financial reports and current stock price. The company's current ROE is 12.15%. This represents a change of 306.10% compared to the average of 2.99% of the last 4 quarters.

Qingdao Gaoce Technology Co., Ltd (688556.SS) Historical ROE (quarterly & annually)

How has 688556.SS ROE performed in the past?

The mean historical ROE of Qingdao Gaoce Technology Co., Ltd over the last ten years is 19.65%. The current 12.15% ROE has changed -38.15% with respect to the historical average. Over the past ten years (40 quarters), 688556.SS's ROE was at its highest in in the December 2022 quarter at 17.44%. The ROE was at its lowest in in the March 2019 quarter at -6.55%.

Quarterly (TTM)
Annual

Average

19.65%

Median

19.83%

Minimum

5.98%

Maximum

38.15%

Qingdao Gaoce Technology Co., Ltd (688556.SS) ROE by Quarter and Year

Discovering the peaks and valleys of Qingdao Gaoce 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 = 407.84%

Maximum Annual ROE = 38.15%

Minimum Annual Increase = -75.78%

Minimum Annual ROE = 5.98%

Quarterly (TTM)
Annual
YearROEChange
202335.97%-5.72%
202238.15%154.98%
202114.96%150.23%
20205.98%-26.50%
20198.14%-67.06%
201824.70%-3.45%
201725.58%191.82%
20168.77%31.35%
20156.67%-75.78%
201427.55%407.84%

Qingdao Gaoce Technology Co., Ltd (688556.SS) Average ROE

How has 688556.SS ROE performed in the past?

The current ROE of Qingdao Gaoce Technology Co., Ltd (688556.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

29.70%

5-year avg

20.64%

10-year avg

19.65%

Qingdao Gaoce Technology Co., Ltd (688556.SS) ROE vs. Peers

How is 688556.SS’s ROE compared to its peers?

Qingdao Gaoce Technology Co., Ltd’s ROE is less than Zhejiang HangKe Technology Incorporated Company (9.03%), greater than Guangdong Jiayuan Technology Co.,Ltd. (-2.21%), less than Jiangsu Cnano Technology Co., Ltd. (11.62%), less than Shenzhen S.C New Energy Technology Corporation (27.03%), greater than KBC Corporation, Ltd. (-4.30%),

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