688698.SS
Price:
$88.25
Market Cap:
$18.79B
Suzhou Veichi Electric Co., Ltd. engages in the development, manufacture, and marketing of industrial automation control products and system solutions in China and internationally. The company provides a range of electrical products, such as low voltage drives, medium voltage drives, multi-motor drives, four-quadrant inverters, and VFD accessories; servo systems, motion controllers, PLC, and HMI; and solar water pump inverters, solar water pumps, off grid solar inverters, battery test systems, and EV controllers. It also offers industry-specific drives, including construction lifting integrated machines, compressors, hydraulic servo, machine tool, water jet weaving electrical control systems...[Read more]
Industry
Industrial - Machinery
IPO Date
2020-12-29
Stock Exchange
SHH
Ticker
688698.SS
According to Suzhou Veichi Electric Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is 11.80%. This represents a change of 303.87% compared to the average of 2.92% of the last 4 quarters.
The mean historical ROE of Suzhou Veichi Electric Co., Ltd. over the last ten years is 14.83%. The current 11.80% ROE has changed -20.44% with respect to the historical average. Over the past ten years (40 quarters), 688698.SS's ROE was at its highest in in the June 2020 quarter at 13.25%. The ROE was at its lowest in in the September 2019 quarter at 0%.
Average
14.83%
Median
14.45%
Minimum
9.89%
Maximum
21.68%
Discovering the peaks and valleys of Suzhou Veichi Electric 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 = 27.51%
Maximum Annual ROE = 21.68%
Minimum Annual Increase = -47.08%
Minimum Annual ROE = 9.89%
| Year | ROE | Change |
|---|---|---|
| 2024 | 11.71% | 18.44% |
| 2023 | 9.89% | -30.71% |
| 2022 | 14.27% | -2.47% |
| 2021 | 14.63% | 27.51% |
| 2020 | 11.47% | -47.08% |
| 2019 | 21.68% | 25.36% |
| 2018 | 17.30% | -2.32% |
The current ROE of Suzhou Veichi Electric Co., Ltd. (688698.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
11.96%
5-year avg
12.39%
10-year avg
14.83%
Suzhou Veichi Electric Co., Ltd.’s ROE is less than Shenzhen Yinghe Technology Co., Ltd (4.75%), less than Wuhan DR Laser Technology Corp.,Ltd (17.58%), less than Hefei Meyer Optoelectronic Technology Inc. (25.19%), less than Shanghai Zhenhua Heavy Industries Co., Ltd. (3.93%), less than Jack Technology Co.,Ltd (18.40%), less than Hunan Zhongke Electric Co., Ltd. (10.88%), less than Xi'an Bright Laser Technologies Co.,Ltd. (4.82%), less than Guangdong Create Century Intelligent Equipment Group Corporation Limited (7.33%), less than Shanghai Highly (Group) Co., Ltd. (1.09%), less than Ningbo ZhongDa Leader Intelligent Transmission Co., Ltd. (6.14%),
| Company | ROE | Market cap |
|---|---|---|
| 4.75% | $17.35B | |
| 17.58% | $16.26B | |
| 25.19% | $18.18B | |
| 3.93% | $20.48B | |
| 18.40% | $17.88B | |
| 10.88% | $14.39B | |
| 4.82% | $22.11B | |
| 7.33% | $15.38B | |
| 1.09% | $16.27B | |
| 6.14% | $16.65B |
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