Higoshipping Co (BJSE:920351) ROCE %: 9.52% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BJSE:920351 Higoshipping Co Ltd BJSE:920351
70 GF Score
Price ¥11.44
GF Value ¥10.29
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Higoshipping Co ROCE %?

Higoshipping Co BJSE:920351 70 ROCE % is 9.52% as of Mar. 2026. GuruFocus rates BJSE:920351 with a GF Score™ of 70/100 and a GF Value™ of ¥10.29 (Modestly Overvalued). The stock has 6 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. Higoshipping Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.52%.

Higoshipping Co  (BJSE:920351) 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.

Higoshipping Co ROCE % Related Terms

Higoshipping Co ROCE % Historical Data

* Premium members only.

The historical data trend for Higoshipping 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.

Higoshipping Co ROCE % Chart

Higoshipping Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.10 22.50 11.88 7.99 9.17

Higoshipping Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 18.07 9.92 6.66 1.19 9.52
BJSE:920351
70GF Score
Higoshipping Co Ltd BJSE:920351
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Higoshipping Co ROCE % Calculation

Higoshipping 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 )
=43.56/( ( (965.648 - 488.353) + (1065.163 - 591.939) )/ 2 )
=43.56/( (477.295+473.224)/ 2 )
=43.56/475.2595
=9.17 %

Higoshipping Co's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=45.26/( ( (1065.163 - 591.939) + (978.891 - 500.845) )/ 2 )
=45.26/( ( 473.224 + 478.046 )/ 2 )
=45.26/475.635
=9.52 %

(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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 9.52% mean?
Higoshipping Co (BJSE:920351) has a ROCE % of 9.52% as of Mar. 2026.
Is Higoshipping Co's ROCE % too high?
Higoshipping Co's current ROCE % is 9.52%. The Transportation industry median ROCE % is 7.89. Higoshipping Co's value of 9.52% is 20.7% above this industry median. Overall, Higoshipping Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Higoshipping Co's ROCE % compare to competitors?
Higoshipping Co's ROCE % of 9.52% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.89. Higoshipping Co's value of 9.52% is 20.7% 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 Transportation company?
The median ROCE % among Transportation companies is 7.89, based on 992 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. Higoshipping Co's current ROCE % of 9.52% is 20.7% 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 Transportation industry, the median ROCE % is 7.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Higoshipping Co's current ROCE % is 9.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Higoshipping Co stock overvalued right now?
Based on GuruFocus' analysis, Higoshipping Co (BJSE:920351) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.29, compared to a current price of ¥11.44 — trading 11.2% above its estimated fair value. The current ROCE % is 9.52% and 20.7% above the Transportation industry median of 7.89. Higoshipping Co's overall GF Score™ is 70/100 with 6 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 Higoshipping Co (BJSE:920351), the current ROCE % is 9.52% 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 Higoshipping Co (BJSE:920351) Overvalued in 2026?

Based on GuruFocus' analysis, Higoshipping Co stock appears to be overvalued. The current stock price of ¥11.44 is trading 11.2% above its estimated GF Value™ of ¥10.29. GuruFocus considers Higoshipping Co to be Modestly Overvalued.

Key valuation signals for BJSE:920351:

  • ROCE %: 9.52%
  • GF Value™: ¥10.29 vs. price of ¥11.44 (11.2% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 20.7% above the Transportation median

No single metric tells the full story. See the BJSE:920351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Higoshipping Co Business Description

Address Furong Middle Road, Room 1910, Xinshikong, No. 398, Section 3, Tianxin District, Hunan Province, Changsha City, CHN, 410007
Higoshipping Co Ltd is a logistics enterprise integrating domestic feeder container liner transportation, international shipping agency, international freight forwarder, and third-party logistics. The company's shipping lines mainly include river-sea container shipping from Changsha Port to Shanghai Outer Port, International freight forwarding, river-ocean combined transport container liner transport, and road transport on the feeder line of the Yangtze River.
70GF Score

Get the complete analysis for BJSE:920351

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

¥11.44
Price
¥10.29
GF Value