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Chongqing Iron & Steel Company Limited

Chongqing Iron & Steel Company Limited Return on Equity

Latest ROE for Chongqing Iron & Steel Company Limited: -18.78% — see history and peer comparisons.

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ROE

-18.78%

Return on Equity

-18.78%

Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.

ROE (Comparison Companies)

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Chongqing Iron & Steel Company Limited (601005.SS) FAQ

Chongqing Iron & Steel Company Limited posts a ROE of -18.78%. That is below the Materials sector average of 30.58%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

For Materials stocks, a ROE near 30.58% is typical. Chongqing Iron & Steel Company Limited's -18.78% is lower that level. That is roughly 161.4% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Chongqing Iron & Steel Company Limited's ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is -18.78%; use YoY and peer views to separate noise from signal.

Context for 601005.SS's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 30.58%), and (3) consistency with growth and profitability. This page covers the first two; Chongqing Iron & Steel Company Limited's other metric pages and overview cover the third.

Judging Chongqing Iron & Steel Company Limited against Materials peers is usually better than using a market-wide rule of thumb. Business models inside Materials are more comparable, which makes gaps in ROE easier to interpret. Start with -18.78% here, then scan peer and history charts to see if the gap is persistent.