Dalipal Holdings (HKSE:01921) ROC %: 3.27% (As of Dec. 2025)

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HKSE:01921 Dalipal Holdings Ltd HKSE:01921
73 GF Score
Price HK$3.19
GF Value HK$5.73
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Dalipal Holdings ROC %?

Dalipal Holdings HKSE:01921 +5.63% 73 ROC % is 3.27% as of Dec. 2025. GuruFocus rates HKSE:01921 with a GF Score™ of 73/100 and a GF Value™ of HK$5.73 (Significantly Undervalued). The stock has 7 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 %. Dalipal Holdings's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 3.27%.

As of today (2026-07-14), Dalipal Holdings's WACC % is 2.68%. Dalipal Holdings's ROC % is 1.92% (calculated using TTM income statement data). Dalipal Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Dalipal Holdings  (HKSE:01921) 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, Dalipal Holdings's WACC % is 2.68%. Dalipal Holdings's ROC % is 1.92% (calculated using TTM income statement data). Dalipal Holdings 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.


Dalipal Holdings ROC % Related Terms


Dalipal Holdings ROC % Historical Data

* Premium members only.

The historical data trend for Dalipal Holdings'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.

Dalipal Holdings ROC % Chart

Dalipal Holdings 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 5.06 6.36 6.58 -0.45 1.91

Dalipal Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 7.21 -2.32 1.18 1.46 3.27
HKSE:01921
73GF Score
Dalipal Holdings Ltd HKSE:01921
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dalipal Holdings ROC % Calculation

Dalipal Holdings'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 )
=98.671 * ( 1 - 23.12% )/( (3790.45 + 4147.7)/ 2 )
=75.8582648/3969.075
=1.91 %

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))
=4814.345 - 960.317 - ( 440.026 - max(0, 2649.839 - 2713.417+440.026))
=3790.45

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))
=5278.327 - 978.106 - ( 446.577 - max(0, 2238.612 - 2391.133+446.577))
=4147.7

Dalipal Holdings'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 )
=140.466 * ( 1 - 6.23% )/( (3903.618 + 4147.7)/ 2 )
=131.7149682/4025.659
=3.27 %

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))
=5181.897 - 937.748 - ( 388.566 - max(0, 2210.663 - 2551.194+388.566))
=3903.618

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))
=5278.327 - 978.106 - ( 446.577 - max(0, 2238.612 - 2391.133+446.577))
=4147.7

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 3.27% mean?
Dalipal Holdings (HKSE:01921) has a ROC % of 3.27% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Dalipal Holdings and its competitors.
Is Dalipal Holdings' ROC % too high?
Dalipal Holdings' current ROC % is 3.27%. The Oil & Gas industry median ROC % is 3.71. Dalipal Holdings' value of 3.27% is 11.7% below this industry median. Overall, Dalipal Holdings has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dalipal Holdings' ROC % compare to SLB and BKR?
Dalipal Holdings' ROC % of 3.27% can be compared against companies in the Oil & Gas industry. The industry median ROC % is 3.71. Dalipal Holdings' value of 3.27% is 11.7% below 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 Oil & Gas company?
The median ROC % among Oil & Gas companies is 3.71, based on 996 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. Dalipal Holdings's current ROC % of 3.27% is 11.7% below 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 Dalipal Holdings and its competitors. For the Oil & Gas industry, the median ROC % is 3.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dalipal Holdings's current ROC % is 3.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dalipal Holdings stock overvalued right now?
Based on GuruFocus' analysis, Dalipal Holdings (HKSE:01921) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$5.73, compared to a current price of HK$3.19 — trading 44.3% below its estimated fair value. The current ROC % is 3.27% and 11.7% below the Oil & Gas industry median of 3.71. Dalipal Holdings' overall GF Score™ is 73/100 with 7 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 Dalipal Holdings (HKSE:01921), the current ROC % is 3.27% 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 Dalipal Holdings (HKSE:01921) Overvalued in 2026?

Based on GuruFocus' analysis, Dalipal Holdings stock appears to be undervalued. The current stock price of HK$3.19 is trading 44.3% below its estimated GF Value™ of HK$5.73. GuruFocus considers Dalipal Holdings to be Significantly Undervalued.

Key valuation signals for HKSE:01921:

  • ROC %: 3.27%
  • GF Value™: HK$5.73 vs. price of HK$3.19 (44.3% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 11.7% below the Oil & Gas median

No single metric tells the full story. See the HKSE:01921 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dalipal Holdings Business Description

Industry EnergyOil & Gas
Address 1 Connaught Place, Room 4006, 40th Floor, Jardine House, Central, Hong Kong, HKG
Dalipal Holdings Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the development, manufacturing, and sale of oil and gas pipes, new energy pipes, special seamless steel pipes, and other products. The Group's reportable segments are: Oil and gas pipes, which generate the maximum revenue, and New energy pipes and special seamless steel pipes. Geographically, it derives maximum revenue from the People's Republic of China (PRC), and the rest from the Middle East, Africa, Southeast Asia, and other regions.
73GF Score

Get the complete analysis for HKSE:01921

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

HK$3.19
Price
HK$5.73
GF Value