Latest ROE for China Shoe Holdings: 22.06% — see history and peer comparisons.
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Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
China Shoe Holdings posts a ROE of 22.06%. That is above the sector sector average of 11.64%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For its sector stocks, a ROE near 11.64% is typical. China Shoe Holdings's 22.06% is higher that level. That is roughly 89.6% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
China Shoe Holdings'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 22.06%; use YoY and peer views to separate noise from signal.
Context for CHSH's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 11.64%), and (3) consistency with growth and profitability. This page covers the first two; China Shoe Holdings's other metric pages and overview cover the third.