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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. ShanDong Inov Polyurethane Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.17%.
ShanDong Inov Polyurethane Co (BJSE:920261) 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.
ShanDong Inov Polyurethane Co ROCE % Related Terms
ShanDong Inov Polyurethane Co 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.
ShanDong Inov Polyurethane Co (BJSE:920261) has a ROCE % of 16.17% as of Mar. 2026.
Is ShanDong Inov Polyurethane Co's ROCE % too high?
ShanDong Inov Polyurethane Co's current ROCE % is 16.17%. The Chemicals industry median ROCE % is 6.54. ShanDong Inov Polyurethane Co's value of 16.17% is 147.2% above this industry median. Overall, ShanDong Inov Polyurethane Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ShanDong Inov Polyurethane Co's ROCE % compare to LIN and SHW?
ShanDong Inov Polyurethane Co's ROCE % of 16.17% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.54. ShanDong Inov Polyurethane Co's value of 16.17% is 147.2% 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 ROCE % for a Chemicals company?
The median ROCE % among Chemicals companies is 6.54, based on 1,589 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. ShanDong Inov Polyurethane Co's current ROCE % of 16.17% is 147.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median ROCE % is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ShanDong Inov Polyurethane Co's current ROCE % is 16.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ShanDong Inov Polyurethane Co stock overvalued right now?
Based on GuruFocus' analysis, ShanDong Inov Polyurethane Co (BJSE:920261) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.74, compared to a current price of ¥12.89 — trading 9.8% above its estimated fair value. The current ROCE % is 16.17% and 147.2% above the Chemicals industry median of 6.54. ShanDong Inov Polyurethane Co's overall GF Score™ is 73/100 with 3 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 ShanDong Inov Polyurethane Co (BJSE:920261), the current ROCE % is 16.17% 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 ShanDong Inov Polyurethane Co (BJSE:920261) Overvalued in 2026?
Based on GuruFocus' analysis, ShanDong Inov Polyurethane Co stock appears to be overvalued.
The current stock price of ¥12.89 is trading 9.8% above its estimated GF Value™ of ¥11.74.
GuruFocus considers ShanDong Inov Polyurethane Co to be Fairly Valued.
Key valuation signals for BJSE:920261:
ROCE %: 16.17%
GF Value™: ¥11.74 vs. price of ¥12.89 (9.8% above fair value)
Industry Position: 147.2% above the Chemicals median
No single metric tells the full story. See the BJSE:920261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ShanDong Inov Polyurethane Co Business Description
ShanDong Inov Polyurethane Co Ltd engages in research and development, production, and sales of polyurethane raw materials and other downstream derivatives of EO and PO, and undertakes the construction of sports venues such as plastic tracks. Its product portfolio consists of Casting Polyurethane Prepolymer, Thermoplastic Polyurethane granules, PU flooring material, HR Foam system materials, Polyurethane foam system for footwear, Polyol, and Modified MDI.
73GF Score
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