Changzhou Tonghui Electronic Co (BJSE:920509) ROCE %: 23.09% (As of Jun. 2026)

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BJSE:920509 Changzhou Tonghui Electronic Co Ltd BJSE:920509
97 GF Score
Price ¥20.15
GF Value ¥24.50
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Changzhou Tonghui Electronic Co ROCE %?

Changzhou Tonghui Electronic Co BJSE:920509 97 ROCE % is 23.09% as of Jun. 2026. GuruFocus rates BJSE:920509 with a GF Score™ of 97/100 and a GF Value™ of ¥24.50 (Modestly Undervalued). The stock has 1 warning sign 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. Changzhou Tonghui Electronic Co's annualized ROCE % for the quarter that ended in Jun. 2026 was 23.09%.

Changzhou Tonghui Electronic Co  (BJSE:920509) 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.

Changzhou Tonghui Electronic Co ROCE % Related Terms

Changzhou Tonghui Electronic Co ROCE % Historical Data

* Premium members only.

The historical data trend for Changzhou Tonghui Electronic 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.

Changzhou Tonghui Electronic Co ROCE % Chart

Changzhou Tonghui Electronic 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 16.51 19.37 12.31 14.58 19.87

Changzhou Tonghui Electronic Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 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 23.41 18.51 28.37 12.89 23.09
BJSE:920509
97GF Score
Changzhou Tonghui Electronic Co Ltd BJSE:920509
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Changzhou Tonghui Electronic Co ROCE % Calculation

Changzhou Tonghui Electronic 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 )
=71.753/( ( (391.856 - 47.372) + (428.443 - 50.794) )/ 2 )
=71.753/( (344.484+377.649)/ 2 )
=71.753/361.0665
=19.87 %

Changzhou Tonghui Electronic 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 )
=86.736/( ( (428.265 - 38.949) + (401.5 - 39.429) )/ 2 )
=86.736/( ( 389.316 + 362.071 )/ 2 )
=86.736/375.6935
=23.09 %

(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 23.09% mean?
Changzhou Tonghui Electronic Co (BJSE:920509) has a ROCE % of 23.09% as of Jun. 2026.
Is Changzhou Tonghui Electronic Co's ROCE % too high?
Changzhou Tonghui Electronic Co's current ROCE % is 23.09%. The Hardware industry median ROCE % is 6.09. Changzhou Tonghui Electronic Co's value of 23.09% is 279.5% above this industry median. Overall, Changzhou Tonghui Electronic Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Tonghui Electronic Co's ROCE % compare to COHR and KEYS?
Changzhou Tonghui Electronic Co's ROCE % of 23.09% can be compared against companies in the Hardware industry. The industry median ROCE % is 6.09. Changzhou Tonghui Electronic Co's value of 23.09% is 279.5% 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 Hardware company?
The median ROCE % among Hardware companies is 6.09, based on 2,454 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. Changzhou Tonghui Electronic Co's current ROCE % of 23.09% is 279.5% 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 Hardware industry, the median ROCE % is 6.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changzhou Tonghui Electronic Co's current ROCE % is 23.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Tonghui Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Tonghui Electronic Co (BJSE:920509) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.50, compared to a current price of ¥20.15 — trading 17.8% below its estimated fair value. The current ROCE % is 23.09% and 279.5% above the Hardware industry median of 6.09. Changzhou Tonghui Electronic Co's overall GF Score™ is 97/100 with 1 warning sign 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 Changzhou Tonghui Electronic Co (BJSE:920509), the current ROCE % is 23.09% 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.

Is Changzhou Tonghui Electronic Co (BJSE:920509) Overvalued in 2026?

Based on GuruFocus' analysis, Changzhou Tonghui Electronic Co stock appears to be undervalued. The current stock price of ¥20.15 is trading 17.8% below its estimated GF Value™ of ¥24.50. GuruFocus considers Changzhou Tonghui Electronic Co to be Modestly Undervalued.

Key valuation signals for BJSE:920509:

  • ROCE %: 23.09%
  • GF Value™: ¥24.50 vs. price of ¥20.15 (17.8% below fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 279.5% above the Hardware median

No single metric tells the full story. See the BJSE:920509 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Changzhou Tonghui Electronic Co Business Description

Address No. 1, Xinzhu Road,, Xinbei District, Jiangsu Province, Changzhou, CHN, 213022
Changzhou Tonghui Electronic Co Ltd operates as a manufacturer of electronic test and measurement instruments. Its product categories include Component Parameter Tester, Micro Signal Type Tester, Power Electronic Tester, Electrical Safety Tester, Cable Tester, and Accessories.
97GF Score

Get the complete analysis for BJSE:920509

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

¥20.15
Price
¥24.50
GF Value