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ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Puxing Energy's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 3.08%.
As of today (2026-08-19), Puxing Energy's WACC % is 2.54%. Puxing Energy's ROC % is 2.99% (calculated using TTM income statement data).
Puxing Energy 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.
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, Puxing Energy's WACC % is 2.54%. Puxing Energy's ROC % is 2.99% (calculated using TTM income statement data).
Puxing Energy 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.
Puxing Energy ROC % Related Terms
Puxing Energy ROC % Historical Data
* Premium members only.
The historical data trend for Puxing Energy'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.
Note:
The Operating Income data used here is two times the semi-annual (Dec. 2025) 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.
Puxing Energy (HKSE:00090) has a ROC % of 3.08% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Puxing Energy and its competitors.
Is Puxing Energy's ROC % too high?
Puxing Energy's current ROC % is 3.08%. The Utilities - Independent Power Producers industry median ROC % is 2.33. Puxing Energy's value of 3.08% is 32.2% above this industry median. Overall, Puxing Energy has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Puxing Energy's ROC % compare to competitors?
Puxing Energy's ROC % of 3.08% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROC % is 2.33. Puxing Energy's value of 3.08% is 32.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Utilities - Independent Power Producers company?
The median ROC % among Utilities - Independent Power Producers companies is 2.33, based on 435 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. Puxing Energy's current ROC % of 3.08% is 32.2% above the industry median. 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 Puxing Energy and its competitors. For the Utilities - Independent Power Producers industry, the median ROC % is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Puxing Energy's current ROC % is 3.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puxing Energy stock overvalued right now?
Based on GuruFocus' analysis, Puxing Energy (HKSE:00090) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.25, compared to a current price of HK$0.91 — trading 262% above its estimated fair value. The current ROC % is 3.08% and 32.2% above the Utilities - Independent Power Producers industry median of 2.33. Puxing Energy's overall GF Score™ is 41/100 with 4 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 Puxing Energy (HKSE:00090), the current ROC % is 3.08% as of Dec. 2025. 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.
Is Puxing Energy (HKSE:00090) Overvalued in 2026?
Based on GuruFocus' analysis, Puxing Energy stock appears to be overvalued.
The current stock price of HK$0.91 is trading 262% above its estimated GF Value™ of HK$0.25.
GuruFocus considers Puxing Energy to be Significantly Overvalued.
Key valuation signals for HKSE:00090:
ROC %: 3.08%
GF Value™: HK$0.25 vs. price of HK$0.91 (262% above fair value)
Industry Position: 32.2% above the Utilities - Independent Power Producers median
No single metric tells the full story. See the HKSE:00090 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Puxing Energy Ltd is a provider of clean energy. The company is engaged in the development, operation, and management of natural gas-fired power plants. It has five operating segments, which are the five power plants, namely: Puxing (Anji) Gas Turbine Thermal Power Co., Ltd. (Anji Power Plant); Zhejiang Puxing Deneng Natural Gas Power Co., Ltd. (Deneng Power Plant); Zhejiang Puxing Jingxing Natural Gas Power Co., Ltd.(Jing-Xing Power Plant); Zhejiang Puxing Bluesky Natural Gas Power Co., Ltd. (Bluesky Power Plant); and Quzhou Puxing Gas Turbine Thermal Power Co., Ltd (Quzhou Power Plant).
41GF Score
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