Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Gpixel Changchun Microelectronics's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 101.26%.
As of today (2026-08-30), Gpixel Changchun Microelectronics's WACC % is 10.73%. Gpixel Changchun Microelectronics's ROC % is 25.54% (calculated using TTM income statement data).
Gpixel Changchun Microelectronics 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.
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, Gpixel Changchun Microelectronics's WACC % is 10.73%. Gpixel Changchun Microelectronics's ROC % is 25.54% (calculated using TTM income statement data).
Gpixel Changchun Microelectronics 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.
Gpixel Changchun Microelectronics ROC % Related Terms
Gpixel Changchun Microelectronics 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 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.
Gpixel Changchun Microelectronics (HKSE:03277) has a ROC % of 101.26% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Gpixel Changchun Microelectronics and its competitors.
Is Gpixel Changchun Microelectronics' ROC % too high?
Gpixel Changchun Microelectronics' current ROC % is 101.26%. The Semiconductors industry median ROC % is 4.62. Gpixel Changchun Microelectronics' value of 101.26% is 2091.8% above this industry median. Overall, Gpixel Changchun Microelectronics has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Gpixel Changchun Microelectronics' ROC % compare to AMAT and LRCX?
Gpixel Changchun Microelectronics' ROC % of 101.26% can be compared against companies in the Semiconductors industry. The industry median ROC % is 4.62. Gpixel Changchun Microelectronics' value of 101.26% is 2091.8% 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 Semiconductors company?
The median ROC % among Semiconductors companies is 4.62, based on 1,017 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. Gpixel Changchun Microelectronics's current ROC % of 101.26% is 2091.8% 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 Gpixel Changchun Microelectronics and its competitors. For the Semiconductors industry, the median ROC % is 4.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gpixel Changchun Microelectronics's current ROC % is 101.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gpixel Changchun Microelectronics stock overvalued right now?
Gpixel Changchun Microelectronics (HKSE:03277) has a current ROC % of 101.26%. The current ROC % is 101.26% and 2091.8% above the Semiconductors industry median of 4.62. Gpixel Changchun Microelectronics' overall GF Score™ is 20/100 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 Gpixel Changchun Microelectronics (HKSE:03277), the current ROC % is 101.26% 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.
AddressNo. 7691, Ziyou Road, Office Buildings 1 and 5, Phase I, Optoelectronic Information Industrial Park, Jilin Province, Changchun Economic and Technological Development, Changchun, CHN
Gpixel Changchun Microelectronics Inc is principally engaged in the research and development, design, and sale of CMOS image sensors, as well as related customised services. It offers nine product series that serve various technology fields, including industrial imaging, scientific imaging, professional photography and video, and medical imaging. The company designs and sells CIS to customers in the industrial and scientific imaging sectors. The majority of the company's revenue is derived from the sale of CMOS Image Sensors. Geographically, it generates the maximum revenue from the Chinese mainland.
20GF Score
Get the complete analysis for HKSE:03277
ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:03277 has been successfully added to your 
