Wedge Industrial Co

Wedge Industrial Co ROE

The Return on Equity (ROE) of Wedge Industrial Co (000534.SZ) as of Oct 21, 2026 is 14.16 %. In the previous year, Return on Equity (ROE) was 14.57 % — a change of -2.81% (lower).

ROE

14.16 %

YoY

-2.81%

Last updated:

In 2024, Wedge Industrial Co's return on equity (ROE) was 14.16 %, a -2.81% increase from the 14.57 % ROE in the previous year.

The Wedge Industrial Co ROE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROE
Date
ROE
Jan 1, 2017
5.87 CNY
Jan 1, 2018
8.28 CNY
Jan 1, 2019
7.46 CNY
Jan 1, 2020
7.67 CNY
Jan 1, 2021
8.90 CNY
Jan 1, 2022
8.53 CNY
Jan 1, 2023
14.57 CNY
Jan 1, 2024
14.16 CNY
The Wedge Industrial Co ROE history
YEARROEYoY
14.16 %-2.81%
14.57 %+70.76%
8.53 %-4.08%
8.90 %+15.92%
7.67 %+2.92%
7.46 %-9.96%
8.28 %+41.18%
5.87 %+6.67%
5.50 %+55.37%
3.54 %-12.26%
4.03 %—

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Wedge Industrial Co Stock analysis

What does Wedge Industrial Co do? Wedge Industrial Co., Ltd. generates revenue through the sale of property projects and its core product lines. The company sells micro-ecological live bacteria products such as bifidobacterium lactobacillus triple viable bacteria tablets, vaginal lactobacillus viable bacteria capsules, and probiotic dietary supplements. It also markets high-temperature alloy products including precision casting blades, superalloy powder discs, high temperature master alloys, and alloy powder. These products are distributed across domestic and overseas markets, targeting consumers and businesses seeking health and industrial solutions. The firm's revenue streams include the research, development, production, and sales of its micro-ecological and high-temperature alloy product portfolios. Micro-ecological products cater to health-conscious consumers and healthcare providers, while high-temperature alloy products serve industrial applications requiring precision and durability. The company leverages its full-time workforce of 1,221 employees to support these operations. Wedge Industrial Co., Ltd. operates in both domestic and overseas markets, selling its diverse product range to a broad customer base. The business model focuses on delivering specialized health and industrial solutions through its established product lines, with no mention of additional revenue sources beyond property projects and the specified product categories. Wedge Industrial Co is one of the most popular companies on Eulerpool.

ROE Details

Decoding Wedge Industrial Co's Return on Equity (ROE)

Wedge Industrial 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 Wedge Industrial 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

Wedge Industrial 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 Wedge Industrial 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 Wedge Industrial Co stock

Return on Equity (ROE) of Wedge Industrial Co is 14.16 % in 2024.

Return on Equity (ROE) of Wedge Industrial Co changed from 14.57 % to 14.16 %, representing a -2.81% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Equity (ROE) Wedge Industrial 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 Wedge Industrial 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 — Wedge Industrial Co

All Key Metrics — Wedge Industrial Co