Beijing KMT Technology Co (BJSE:920189) ROC %: -25.75% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BJSE:920189 Beijing KMT Technology Co Ltd BJSE:920189
45 GF Score
Price ¥21.52
! 2 Warning Signs
View Full Analysis

What is Beijing KMT Technology Co ROC %?

Beijing KMT Technology Co BJSE:920189 45 ROC % is -25.75% as of Jun. 2026. GuruFocus rates BJSE:920189 with a GF Score™ of 45/100. The stock has 2 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Beijing KMT Technology Co's annualized return on capital (ROC %) for the quarter that ended in Jun. 2026 was -25.75%.

As of today (2026-08-30), Beijing KMT Technology Co's WACC % is 10.67%. Beijing KMT Technology Co's ROC % is 20.29% (calculated using TTM income statement data). Beijing KMT Technology Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Beijing KMT Technology Co  (BJSE:920189) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Beijing KMT Technology Co's WACC % is 10.67%. Beijing KMT Technology Co's ROC % is 20.29% (calculated using TTM income statement data). Beijing KMT Technology Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Beijing KMT Technology Co ROC % Related Terms


Beijing KMT Technology Co ROC % Historical Data

* Premium members only.

The historical data trend for Beijing KMT Technology Co's ROC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Beijing KMT Technology Co ROC % Chart

Beijing KMT Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.22 10.58 10.77 13.58 17.21

Beijing KMT Technology Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Dec21 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -36.93 20.72 15.92 70.65 -25.75
BJSE:920189
45GF Score
Beijing KMT Technology Co Ltd BJSE:920189
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing KMT Technology Co ROC % Calculation

Beijing KMT Technology Co's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=109.77 * ( 1 - 12.6% )/( (529.014 + 585.732)/ 2 )
=95.93898/557.373
=17.21 %

where

Beijing KMT Technology Co's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=-170.752 * ( 1 - 0% )/( (709.98 + 616.243)/ 2 )
=-170.752/663.1115
=-25.75 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data. The tax rate is limited to between 0% and 100%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -25.75% mean?
Beijing KMT Technology Co (BJSE:920189) has a ROC % of -25.75% as of Jun. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Beijing KMT Technology Co and its competitors.
Is Beijing KMT Technology Co's ROC % too high?
Beijing KMT Technology Co's current ROC % is -25.75%. Overall, Beijing KMT Technology Co has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Beijing KMT Technology Co's ROC % compare to LIN and SHW?
Beijing KMT Technology Co's ROC % of -25.75% can be compared against companies in the Chemicals industry. The industry median ROC % is 5.06. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Chemicals company?
The median ROC % among Chemicals companies is 5.06, based on 1,584 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Beijing KMT Technology Co and its competitors. For the Chemicals industry, the median ROC % is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing KMT Technology Co's current ROC % is -25.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing KMT Technology Co stock overvalued right now?
Beijing KMT Technology Co (BJSE:920189) has a current ROC % of -25.75%. The current ROC % is -25.75%. Beijing KMT Technology Co's overall GF Score™ is 45/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Beijing KMT Technology Co (BJSE:920189), the current ROC % is -25.75% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Beijing KMT Technology Co Business Description

Address No. 9 Yongteng North Road, Room 101, 1st Floor, Building 7, Haidian District, Beijing, CHN, 100094
Beijing KMT Technology Co Ltd is engaged in the research, development, production and sales of new polymer materials such as electronic packaging materials and high-performance modified plastics. The company's main business includes the production and sale of electrolytic manganese dioxide and new energy battery materials, centralized treatment of urban sewage, and industrial trade. Its products are divided into five main categories: carbon-zinc battery grade, mercury-free alkaline manganese battery grade, primary lithium manganese battery grade, lithium manganese oxide battery grade, and high-performance battery grade. These products are exported to various countries and regions including Southeast Asia, South Asia, and South America.
45GF Score

Get the complete analysis for BJSE:920189

ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥21.52
Price