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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 %. Hangzhou Tongshifu Cultural and Creative Group Co's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 13.42%.
Hangzhou Tongshifu Cultural and Creative Group Co (HKSE:00664) 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, Hangzhou Tongshifu Cultural and Creative Group Co's WACC % is 10.51%. Hangzhou Tongshifu Cultural and Creative Group Co's ROC % is 6.92% (calculated using TTM income statement data).
Hangzhou Tongshifu Cultural and Creative Group Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.
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.
Hangzhou Tongshifu Cultural and Creative Group Co ROC % Related Terms
Hangzhou Tongshifu Cultural and Creative Group Co ROC % Historical Data
* 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.
Hangzhou Tongshifu Cultural and Creative Group Co ROC % Chart
Hangzhou Tongshifu Cultural and Creative Group Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
ROC %
22.31
15.88
28.81
18.21
Hangzhou Tongshifu Cultural and Creative Group Co Quarterly Data
Note:
The Operating Income data used here is four times the quarterly (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.
Hangzhou Tongshifu Cultural and Creative Group Co (HKSE:00664) has a ROC % of 13.42% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Hangzhou Tongshifu Cultural and Creative Group Co and its competitors.
Is Hangzhou Tongshifu Cultural and Creative Group Co's ROC % too high?
Hangzhou Tongshifu Cultural and Creative Group Co's current ROC % is 13.42%. The Travel & Leisure industry median ROC % is 3.77. Hangzhou Tongshifu Cultural and Creative Group Co's value of 13.42% is 256% above this industry median. Overall, Hangzhou Tongshifu Cultural and Creative Group Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Tongshifu Cultural and Creative Group Co's ROC % compare to AS and HAS?
Hangzhou Tongshifu Cultural and Creative Group Co's ROC % of 13.42% can be compared against companies in the Travel & Leisure industry. The industry median ROC % is 3.77. Hangzhou Tongshifu Cultural and Creative Group Co's value of 13.42% is 256% 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 a Travel & Leisure company?
The median ROC % among Travel & Leisure companies is 3.77, based on 833 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. Hangzhou Tongshifu Cultural and Creative Group Co's current ROC % of 13.42% is 256% 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 Hangzhou Tongshifu Cultural and Creative Group Co and its competitors. For the Travel & Leisure industry, the median ROC % is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Tongshifu Cultural and Creative Group Co's current ROC % is 13.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Tongshifu Cultural and Creative Group Co stock overvalued right now?
Hangzhou Tongshifu Cultural and Creative Group Co (HKSE:00664) has a current ROC % of 13.42%. The current ROC % is 13.42% and 256% above the Travel & Leisure industry median of 3.77. Hangzhou Tongshifu Cultural and Creative Group Co's overall GF Score™ is 21/100 with 5 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 Hangzhou Tongshifu Cultural and Creative Group Co (HKSE:00664), the current ROC % is 13.42% 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.
Hangzhou Tongshifu Cultural and Creative Group Co Business Description
Hangzhou Tongshifu Cultural and Creative Group Co Ltd is principally engaged in the design, development, and sale of copper-based cultural and creative products that integrate traditional craftsmanship with modern design and usage scenarios. It has also expanded its product offerings into other material categories, including gold, silver, and plastic, as complements to its core copper-based portfolio. The Group mainly designs, develops, produces, and manufactures various copper handicrafts under the brands TONGSHIFU, TAITONG, and HAPPY GENERAL. Its product categories include Batman, Transformers, Ne Zha 2, and many more. Its main market is the Chinese Mainland, where it mainly serves retail consumers, with copper-based cultural and creative products remaining its main revenue contributor.
21GF Score
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