Zhongmiao Holdings (Qingdao) Co (HKSE:01471) ROC %: 17.99% (As of Dec. 2025)

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HKSE:01471 Zhongmiao Holdings (Qingdao) Co Ltd HKSE:01471
20 GF Score
Price HK$8.16
! 3 Warning Signs
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What is Zhongmiao Holdings (Qingdao) Co ROC %?

Zhongmiao Holdings (Qingdao) Co HKSE:01471 +0.06% 20 ROC % is 17.99% as of Dec. 2025. GuruFocus rates HKSE:01471 with a GF Score™ of 20/100. The stock has 3 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 %. Zhongmiao Holdings (Qingdao) Co's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 17.99%.

As of today (2026-08-29), Zhongmiao Holdings (Qingdao) Co's WACC % is 10.37%. Zhongmiao Holdings (Qingdao) Co's ROC % is 19.07% (calculated using TTM income statement data). Zhongmiao Holdings (Qingdao) 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.

Zhongmiao Holdings (Qingdao) Co  (HKSE:01471) 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, Zhongmiao Holdings (Qingdao) Co's WACC % is 10.37%. Zhongmiao Holdings (Qingdao) Co's ROC % is 19.07% (calculated using TTM income statement data). Zhongmiao Holdings (Qingdao) 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.

Zhongmiao Holdings (Qingdao) Co ROC % Related Terms

Zhongmiao Holdings (Qingdao) Co ROC % Historical Data

* Premium members only.

The historical data trend for Zhongmiao Holdings (Qingdao) 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.

Zhongmiao Holdings (Qingdao) Co ROC % Chart

Zhongmiao Holdings (Qingdao) Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
143.43 201.85 35.42 22.34 15.82

Zhongmiao Holdings (Qingdao) Co Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROC % Get a 7-Day Free Trial 19.01 21.19 22.98 27.48 17.99
HKSE:01471
20GF Score
Zhongmiao Holdings (Qingdao) Co Ltd HKSE:01471
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhongmiao Holdings (Qingdao) Co ROC % Calculation

Zhongmiao Holdings (Qingdao) 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 )
=61.734 * ( 1 - 14.22% )/( (183.925 + 485.447)/ 2 )
=52.9554252/334.686
=15.82 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=678.391 - 32.848 - ( 461.618 - max(0, 39.526 - 522.561+461.618))
=183.925

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1141.571 - 38.588 - ( 620.597 - max(0, 126.83 - 744.366+620.597))
=485.447

Zhongmiao Holdings (Qingdao) Co's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=65.066 * ( 1 - 10.76% )/( (159.908 + 485.447)/ 2 )
=58.0648984/322.6775
=17.99 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=707.622 - 40.119 - ( 507.595 - max(0, 46.967 - 593.859+507.595))
=159.908

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1141.571 - 38.588 - ( 620.597 - max(0, 126.83 - 744.366+620.597))
=485.447

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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 17.99% mean?
Zhongmiao Holdings (Qingdao) Co (HKSE:01471) has a ROC % of 17.99% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Zhongmiao Holdings (Qingdao) Co and its competitors.
Is Zhongmiao Holdings (Qingdao) Co's ROC % too high?
Zhongmiao Holdings (Qingdao) Co's current ROC % is 17.99%. The Insurance industry median ROC % is 3.35. Zhongmiao Holdings (Qingdao) Co's value of 17.99% is 437% above this industry median. Overall, Zhongmiao Holdings (Qingdao) Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Zhongmiao Holdings (Qingdao) Co's ROC % compare to MRSH and AON?
Zhongmiao Holdings (Qingdao) Co's ROC % of 17.99% can be compared against companies in the Insurance industry. The industry median ROC % is 3.35. Zhongmiao Holdings (Qingdao) Co's value of 17.99% is 437% 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 Insurance company?
The median ROC % among Insurance companies is 3.35, based on 369 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. Zhongmiao Holdings (Qingdao) Co's current ROC % of 17.99% is 437% 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 Zhongmiao Holdings (Qingdao) Co and its competitors. For the Insurance industry, the median ROC % is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongmiao Holdings (Qingdao) Co's current ROC % is 17.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongmiao Holdings (Qingdao) Co stock overvalued right now?
Zhongmiao Holdings (Qingdao) Co (HKSE:01471) has a current ROC % of 17.99%. The current ROC % is 17.99% and 437% above the Insurance industry median of 3.35. Zhongmiao Holdings (Qingdao) Co's overall GF Score™ is 20/100 with 3 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 Zhongmiao Holdings (Qingdao) Co (HKSE:01471), the current ROC % is 17.99% 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.

Zhongmiao Holdings (Qingdao) Co Business Description

Address No. 1, Haier Road, Laoshan District, Shandong, Qingdao, CHN
Zhongmiao Holdings (Qingdao) Co Ltd is principally engaged in providing insurance agency services, insurance technology services and banking technology services in the PRC. The Company is mainly engaged in the provision of insurance technology services. Its insurance products include property insurance products, life and health insurance products, accident insurance products, and automobile insurance products. The Group operates through insurance agency services, insurance technology services and banking technology services segments, with insurance agency services generating maximum revenue.
20GF Score

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

HK$8.16
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