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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. Zhejiang Tianhong Lithiumion Battery's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.52%.
Zhejiang Tianhong Lithiumion Battery (BJSE:920252) 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.
Zhejiang Tianhong Lithiumion Battery ROCE % Related Terms
Zhejiang Tianhong Lithiumion Battery ROCE % 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.
(1) Note:
The EBIT data used here is four times the quarterly (Mar. 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.
Zhejiang Tianhong Lithiumion Battery (BJSE:920252) has a ROCE % of 5.52% as of Mar. 2026.
Is Zhejiang Tianhong Lithiumion Battery's ROCE % too high?
Zhejiang Tianhong Lithiumion Battery's current ROCE % is 5.52%. The Industrial Products industry median ROCE % is 7.19. Zhejiang Tianhong Lithiumion Battery's value of 5.52% is 23.2% below this industry median. Overall, Zhejiang Tianhong Lithiumion Battery has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Tianhong Lithiumion Battery's ROCE % compare to VRT and BE?
Zhejiang Tianhong Lithiumion Battery's ROCE % of 5.52% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.19. Zhejiang Tianhong Lithiumion Battery's value of 5.52% is 23.2% 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 3,026 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. Zhejiang Tianhong Lithiumion Battery's current ROCE % of 5.52% is 23.2% 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. Zhejiang Tianhong Lithiumion Battery's current ROCE % is 5.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Tianhong Lithiumion Battery stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Tianhong Lithiumion Battery (BJSE:920252) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.62, compared to a current price of ¥15.73 — trading 7.6% above its estimated fair value. The current ROCE % is 5.52% and 23.2% below the Industrial Products industry median of 7.19. Zhejiang Tianhong Lithiumion Battery's overall GF Score™ is 73/100 with 8 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 Zhejiang Tianhong Lithiumion Battery (BJSE:920252), the current ROCE % is 5.52% 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.
Is Zhejiang Tianhong Lithiumion Battery (BJSE:920252) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Tianhong Lithiumion Battery stock appears to be overvalued.
The current stock price of ¥15.73 is trading 7.6% above its estimated GF Value™ of ¥14.62.
GuruFocus considers Zhejiang Tianhong Lithiumion Battery to be Fairly Valued.
Key valuation signals for BJSE:920252:
ROCE %: 5.52%
GF Value™: ¥14.62 vs. price of ¥15.73 (7.6% above fair value)
Industry Position: 23.2% below the Industrial Products median
No single metric tells the full story. See the BJSE:920252 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Tianhong Lithiumion Battery Ltd engages in the research, development, design, assembly, and sales of lithium-ion battery modules. It mainly produces three series of lithium batteries: power type, energy storage type, and industrial lighting. Its products include E-bike batteries, Motorcycle batteries, Forklift batteries, E-scooter batteries, and Energy storage batteries.
73GF Score
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