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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 %. Shinelong Automotive Lightweight Application's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 3.00%.
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, Shinelong Automotive Lightweight Application's WACC % is 5.90%. Shinelong Automotive Lightweight Application's ROC % is 2.85% (calculated using TTM income statement data).
Shinelong Automotive Lightweight Application 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.
Shinelong Automotive Lightweight Application ROC % Related Terms
Shinelong Automotive Lightweight Application 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.
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.
Shinelong Automotive Lightweight Application (HKSE:01930) has a ROC % of 3.00% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Shinelong Automotive Lightweight Application and its competitors.
Is Shinelong Automotive Lightweight Application's ROC % too high?
Shinelong Automotive Lightweight Application's current ROC % is 3.00%. The Vehicles & Parts industry median ROC % is 5.23. Shinelong Automotive Lightweight Application's value of 3.00% is 42.6% below this industry median. Overall, Shinelong Automotive Lightweight Application has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shinelong Automotive Lightweight Application's ROC % compare to ORLY and AZO?
Shinelong Automotive Lightweight Application's ROC % of 3.00% can be compared against companies in the Vehicles & Parts industry. The industry median ROC % is 5.23. Shinelong Automotive Lightweight Application's value of 3.00% is 42.6% 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 a Vehicles & Parts company?
The median ROC % among Vehicles & Parts companies is 5.23, based on 1,312 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. Shinelong Automotive Lightweight Application's current ROC % of 3.00% is 42.6% 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 Shinelong Automotive Lightweight Application and its competitors. For the Vehicles & Parts industry, the median ROC % is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinelong Automotive Lightweight Application's current ROC % is 3.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinelong Automotive Lightweight Application stock overvalued right now?
Based on GuruFocus' analysis, Shinelong Automotive Lightweight Application (HKSE:01930) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.49, compared to a current price of HK$0.35 — trading 28.6% below its estimated fair value. The current ROC % is 3.00% and 42.6% below the Vehicles & Parts industry median of 5.23. Shinelong Automotive Lightweight Application's overall GF Score™ is 64/100 with 6 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 Shinelong Automotive Lightweight Application (HKSE:01930), the current ROC % is 3.00% 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 Shinelong Automotive Lightweight Application (HKSE:01930) Overvalued in 2026?
Based on GuruFocus' analysis, Shinelong Automotive Lightweight Application stock appears to be undervalued.
The current stock price of HK$0.35 is trading 28.6% below its estimated GF Value™ of HK$0.49.
GuruFocus considers Shinelong Automotive Lightweight Application to be Modestly Undervalued.
Key valuation signals for HKSE:01930:
ROC %: 3.00%
GF Value™: HK$0.49 vs. price of HK$0.35 (28.6% below fair value)
Industry Position: 42.6% below the Vehicles & Parts median
No single metric tells the full story. See the HKSE:01930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinelong Automotive Lightweight Application Ltd is engaged in the design, development, manufacture, and sales of customized hot-pressing moulds, hydroforming moulds, and injection moulds that are used in auto manufacturing. Apart from automotive moulds, the group also engages in the design, development, manufacture, and sales of customized plastic moulds for the production of electrical appliances and health-protective appliances. The company also offers parts processing services. The group operates in three segments which includes, Automotive moulds, Electrical appliance moulds, and Other moulds. The majority of its revenue is generated from the Automotive moulds. Geographically, it generates maximum revenue from the PRC.
64GF Score
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