Shaanxi Kelong New Material Technology Co (BJSE:920098) ROCE %: 6.80% (As of Jun. 2026)

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BJSE:920098 Shaanxi Kelong New Material Technology Co Ltd BJSE:920098
44 GF Score
Price ¥18.03
! 5 Warning Signs
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What is Shaanxi Kelong New Material Technology Co ROCE %?

Shaanxi Kelong New Material Technology Co BJSE:920098 44 ROCE % is 6.80% as of Jun. 2026. GuruFocus rates BJSE:920098 with a GF Score™ of 44/100. The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Shaanxi Kelong New Material Technology Co's annualized ROCE % for the quarter that ended in Jun. 2026 was 6.80%.

Shaanxi Kelong New Material Technology Co  (BJSE:920098) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Shaanxi Kelong New Material Technology Co ROCE % Related Terms

Shaanxi Kelong New Material Technology Co ROCE % Historical Data

* Premium members only.

The historical data trend for Shaanxi Kelong New Material Technology Co's ROCE % 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.

Shaanxi Kelong New Material Technology Co ROCE % Chart

Shaanxi Kelong New Material Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.73 13.52 18.21 13.49 7.21

Shaanxi Kelong New Material Technology Co Quarterly Data
Dec16 Jun17 Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROCE % 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 Premium Member Only Premium Member Only 8.72 11.09 3.35 3.75 6.80
BJSE:920098
44GF Score
Shaanxi Kelong New Material Technology Co Ltd BJSE:920098
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shaanxi Kelong New Material Technology Co ROCE % Calculation

Shaanxi Kelong New Material Technology Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=66.633/( ( (1081.378 - 190.276) + (1203.329 - 245.31) )/ 2 )
=66.633/( (891.102+958.019)/ 2 )
=66.633/924.5605
=7.21 %

Shaanxi Kelong New Material Technology Co's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=65.388/( ( (1179.352 - 213.041) + (1189.906 - 232.434) )/ 2 )
=65.388/( ( 966.311 + 957.472 )/ 2 )
=65.388/961.8915
=6.80 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 6.80% mean?
Shaanxi Kelong New Material Technology Co (BJSE:920098) has a ROCE % of 6.80% as of Jun. 2026.
Is Shaanxi Kelong New Material Technology Co's ROCE % too high?
Shaanxi Kelong New Material Technology Co's current ROCE % is 6.80%. The Industrial Products industry median ROCE % is 7.19. Shaanxi Kelong New Material Technology Co's value of 6.80% is 5.4% below this industry median. Overall, Shaanxi Kelong New Material Technology Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Shaanxi Kelong New Material Technology Co's ROCE % compare to GEV and ETN?
Shaanxi Kelong New Material Technology Co's ROCE % of 6.80% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.19. Shaanxi Kelong New Material Technology Co's value of 6.80% is 5.4% 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 ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.19, based on 3,034 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shaanxi Kelong New Material Technology Co's current ROCE % of 6.80% is 5.4% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaanxi Kelong New Material Technology Co's current ROCE % is 6.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaanxi Kelong New Material Technology Co stock overvalued right now?
Shaanxi Kelong New Material Technology Co (BJSE:920098) has a current ROCE % of 6.80%. The current ROCE % is 6.80% and 5.4% below the Industrial Products industry median of 7.19. Shaanxi Kelong New Material Technology Co's overall GF Score™ is 44/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Shaanxi Kelong New Material Technology Co (BJSE:920098), the current ROCE % is 6.80% as of Jun. 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.

Shaanxi Kelong New Material Technology Co Business Description

Address East side of the intersection of Xiangbai Road and Gaoke Sanfu Road, Weibin Street, Qindu District, Shaanxi Province, Xianyang, CHN, 712023
Shaanxi Kelong New Material Technology Co Ltd is engaged in the research and development, production and sales of new rubber and plastic material products. The products of the company are sealing products, hydraulic hose and Long wall Chock Haulers. The products produced by the company are used in industry, coal, aerospace, high-speed rail, construction machinery, wind power and other fields.
44GF Score

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

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