Weihai Tiangang Instrument Co (BJSE:920651) ROCE %: 9.93% (As of Mar. 2026)

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BJSE:920651 Weihai Tiangang Instrument Co Ltd BJSE:920651
82 GF Score
Price ¥25.98
GF Value ¥28.18
Valuation Fairly Valued
! 3 Warning Signs
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What is Weihai Tiangang Instrument Co ROCE %?

Weihai Tiangang Instrument Co BJSE:920651 82 ROCE % is 9.93% as of Mar. 2026. GuruFocus rates BJSE:920651 with a GF Score™ of 82/100 and a GF Value™ of ¥28.18 (Fairly Valued). The stock has 3 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. Weihai Tiangang Instrument Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.93%.

Weihai Tiangang Instrument Co  (BJSE:920651) 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.

Weihai Tiangang Instrument Co ROCE % Related Terms

Weihai Tiangang Instrument Co ROCE % Historical Data

* Premium members only.

The historical data trend for Weihai Tiangang Instrument 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.

Weihai Tiangang Instrument Co ROCE % Chart

Weihai Tiangang Instrument 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 21.89 17.57 16.84 16.38 16.16

Weihai Tiangang Instrument 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 9.22 15.80 19.46 21.38 9.93
BJSE:920651
82GF Score
Weihai Tiangang Instrument Co Ltd BJSE:920651
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Weihai Tiangang Instrument Co ROCE % Calculation

Weihai Tiangang Instrument 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 )
=89.201/( ( (716.967 - 182.618) + (746.264 - 176.497) )/ 2 )
=89.201/( (534.349+569.767)/ 2 )
=89.201/552.058
=16.16 %

Weihai Tiangang Instrument 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 )
=57.16/( ( (746.264 - 176.497) + (730.095 - 149.143) )/ 2 )
=57.16/( ( 569.767 + 580.952 )/ 2 )
=57.16/575.3595
=9.93 %

(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 9.93% mean?
Weihai Tiangang Instrument Co (BJSE:920651) has a ROCE % of 9.93% as of Mar. 2026.
Is Weihai Tiangang Instrument Co's ROCE % too high?
Weihai Tiangang Instrument Co's current ROCE % is 9.93%. The Hardware industry median ROCE % is 6.33. Weihai Tiangang Instrument Co's value of 9.93% is 57% above this industry median. Overall, Weihai Tiangang Instrument Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Weihai Tiangang Instrument Co's ROCE % compare to COHR and KEYS?
Weihai Tiangang Instrument Co's ROCE % of 9.93% can be compared against companies in the Hardware industry. The industry median ROCE % is 6.33. Weihai Tiangang Instrument Co's value of 9.93% is 57% 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 6.33, 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. Weihai Tiangang Instrument Co's current ROCE % of 9.93% is 57% 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 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Weihai Tiangang Instrument Co's current ROCE % is 9.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Weihai Tiangang Instrument Co stock overvalued right now?
Based on GuruFocus' analysis, Weihai Tiangang Instrument Co (BJSE:920651) is currently considered Fairly Valued. The stock's GF Value™ is ¥28.18, compared to a current price of ¥25.98 — trading 7.8% below its estimated fair value. The current ROCE % is 9.93% and 57% above the Hardware industry median of 6.33. Weihai Tiangang Instrument Co's overall GF Score™ is 82/100 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 Weihai Tiangang Instrument Co (BJSE:920651), the current ROCE % is 9.93% 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 Weihai Tiangang Instrument Co (BJSE:920651) Overvalued in 2026?

Based on GuruFocus' analysis, Weihai Tiangang Instrument Co stock appears to be undervalued. The current stock price of ¥25.98 is trading 7.8% below its estimated GF Value™ of ¥28.18. GuruFocus considers Weihai Tiangang Instrument Co to be Fairly Valued.

Key valuation signals for BJSE:920651:

  • ROCE %: 9.93%
  • GF Value™: ¥28.18 vs. price of ¥25.98 (7.8% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 57% above the Hardware median

No single metric tells the full story. See the BJSE:920651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Weihai Tiangang Instrument Co Business Description

Address No. 576, Huoju South Road, Huancui District, Weihai City, CHN, 264200
Weihai Tiangang Instrument Co Ltd engages in research and development, production, and sales of IoT ultrasonic measuring instruments such as ultrasonic heat meters, ultrasonic flow sensors, data transmission products, and ultrasonic water meters.
82GF Score

Get the complete analysis for BJSE:920651

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

¥25.98
Price
¥28.18
GF Value