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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 %. Nasn Intelligent Tech (Zhejiang) Co's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -4.42%.
As of today (2026-08-31), Nasn Intelligent Tech (Zhejiang) Co's WACC % is 10.72%. Nasn Intelligent Tech (Zhejiang) Co's ROC % is -1.10% (calculated using TTM income statement data).
Nasn Intelligent Tech (Zhejiang) Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Nasn Intelligent Tech (Zhejiang) Co (HKSE:02261) 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, Nasn Intelligent Tech (Zhejiang) Co's WACC % is 10.72%. Nasn Intelligent Tech (Zhejiang) Co's ROC % is -1.10% (calculated using TTM income statement data).
Nasn Intelligent Tech (Zhejiang) 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.
Nasn Intelligent Tech (Zhejiang) Co ROC % Related Terms
Nasn Intelligent Tech (Zhejiang) 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.
Nasn Intelligent Tech (Zhejiang) Co ROC % Chart
Nasn Intelligent Tech (Zhejiang) Co Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
ROC %
0.00
-0.51
-6.32
-4.02
-3.35
Nasn Intelligent Tech (Zhejiang) Co Quarterly Data
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) 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.
Nasn Intelligent Tech (Zhejiang) Co (HKSE:02261) has a ROC % of -4.42% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Nasn Intelligent Tech (Zhejiang) Co and its competitors.
Is Nasn Intelligent Tech (Zhejiang) Co's ROC % too high?
Nasn Intelligent Tech (Zhejiang) Co's current ROC % is -4.42%. Overall, Nasn Intelligent Tech (Zhejiang) Co has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Nasn Intelligent Tech (Zhejiang) Co's ROC % compare to ORLY and AZO?
Nasn Intelligent Tech (Zhejiang) Co's ROC % of -4.42% can be compared against companies in the Vehicles & Parts industry. The industry median ROC % is 5.07. 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 5.07, based on 1,317 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. 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 Nasn Intelligent Tech (Zhejiang) Co and its competitors. For the Vehicles & Parts industry, the median ROC % is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nasn Intelligent Tech (Zhejiang) Co's current ROC % is -4.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nasn Intelligent Tech (Zhejiang) Co stock overvalued right now?
Nasn Intelligent Tech (Zhejiang) Co (HKSE:02261) has a current ROC % of -4.42%. The current ROC % is -4.42%. Nasn Intelligent Tech (Zhejiang) Co's overall GF Score™ is 8/100 with 1 warning sign 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 Nasn Intelligent Tech (Zhejiang) Co (HKSE:02261), the current ROC % is -4.42% as of Mar. 2026. 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.
Nasn Intelligent Tech (Zhejiang) Co Ltd is engaged in research and development, production and sale of brake-by-wire and steer-by-wire solutions. Its product portfolio includes drive-by-wire solutions such as NBS, ESC, NBC, RBC, and EMB systems, supported by internally developed control algorithms and hardware and software. The majority of revenue is derived from the sale of NBC solutions, which are integrated products that support core functions including service braking, parking braking and vehicle stability control. Geographically, it generates the maximum revenue from the Chinese mainland.
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