GuangDong Rifeng Electric Cable Co

GuangDong Rifeng Electric Cable Co ROE

The Return on Equity (ROE) of GuangDong Rifeng Electric Cable Co (002953.SZ) as of Oct 18, 2026 is 7.24 %. In the previous year, Return on Equity (ROE) was 8.69 % — a change of -16.75% (lower).

ROE

7.24 %

YoY

-16.75%

Last updated:

In 2025, GuangDong Rifeng Electric Cable Co's return on equity (ROE) was 7.24 %, a -16.75% increase from the 8.69 % ROE in the previous year.

The GuangDong Rifeng Electric Cable Co ROE history

  • 3 Years

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  • 25 Years

  • Max

ROE
Date
ROE
Jan 1, 2018
23.99 CNY
Jan 1, 2019
11.52 CNY
Jan 1, 2020
10.20 CNY
Jan 1, 2021
10.27 CNY
Jan 1, 2022
6.29 CNY
Jan 1, 2023
8.35 CNY
Jan 1, 2024
8.69 CNY
Jan 1, 2025
7.24 CNY
The GuangDong Rifeng Electric Cable Co ROE history
YEARROEYoY
7.24 %-16.75%
8.69 %+4.13%
8.35 %+32.82%
6.29 %-38.81%
10.27 %+0.76%
10.20 %-11.52%
11.52 %-51.97%
23.99 %+42.13%
16.88 %+3.07%
16.38 %+80.54%
9.07 %-34.48%
13.84 %—

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GuangDong Rifeng Electric Cable Co Stock analysis

What does GuangDong Rifeng Electric Cable Co do? GuangDong Rifeng Electric Cable Co Ltd is a Chinese company based in Zhongshan, operating within the Industrials sector, specifically in the Electrical Equipment industry. The company went public on May 9, 2019, and currently employs 2,852 people. Its primary business involves the research, development, manufacturing, and sales of electrical equipment and specialized cables. The company's product portfolio includes four main categories: air conditioning cable components, small household appliance wiring components, special equipment cables, and other cables. These products are utilized across various industries, including household appliances, robotics, wind power, marine engineering, port machinery, construction machinery, shipbuilding, power tools, instrumentation, automotive, lighting, and outdoor equipment. GuangDong Rifeng Electric Cable Co Ltd distributes its products both domestically within China and internationally. The company maintains a website at http://www.rfcable.com.cn/ for further information. It is listed under the ticker symbol 002953.SZ and has the ISIN CNE100003K79. The company's headquarters and operational base are located in Zhongshan, Guangdong Province, China. GuangDong Rifeng Electric Cable Co is one of the most popular companies on Eulerpool.

ROE Details

Decoding GuangDong Rifeng Electric Cable Co's Return on Equity (ROE)

GuangDong Rifeng Electric Cable Co's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing GuangDong Rifeng Electric Cable Co's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

GuangDong Rifeng Electric Cable Co's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in GuangDong Rifeng Electric Cable Co’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about GuangDong Rifeng Electric Cable Co stock

Return on Equity (ROE) of GuangDong Rifeng Electric Cable Co is 7.24 % in 2025.

Return on Equity (ROE) of GuangDong Rifeng Electric Cable Co changed from 8.69 % to 7.24 %, representing a -16.75% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Equity (ROE) GuangDong Rifeng Electric Cable Co since 2006 – with annual values, charts, and detailed analysis.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Equity (ROE)'s GuangDong Rifeng Electric Cable Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Equity (ROE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Equity (ROE).

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Profitability — GuangDong Rifeng Electric Cable Co

All Key Metrics — GuangDong Rifeng Electric Cable Co