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Heatking Induction Technology (Shiyan) Co (BJSE:920870) 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.
Heatking Induction Technology (Shiyan) Co ROCE % Related Terms
Heatking Induction Technology (Shiyan) 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.
Heatking Induction Technology (Shiyan) Co ROCE % Chart
Heatking Induction Technology (Shiyan) Co Annual Data
(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.
Heatking Induction Technology (Shiyan) Co (BJSE:920870) has a ROCE % of 5.75% as of Jun. 2026.
Is Heatking Induction Technology (Shiyan) Co's ROCE % too high?
Heatking Induction Technology (Shiyan) Co's current ROCE % is 5.75%. The Industrial Products industry median ROCE % is 7.19. Heatking Induction Technology (Shiyan) Co's value of 5.75% is 20% below this industry median. Overall, Heatking Induction Technology (Shiyan) Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heatking Induction Technology (Shiyan) Co's ROCE % compare to GEV and ETN?
Heatking Induction Technology (Shiyan) Co's ROCE % of 5.75% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.19. Heatking Induction Technology (Shiyan) Co's value of 5.75% is 20% 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 3,038 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. Heatking Induction Technology (Shiyan) Co's current ROCE % of 5.75% is 20% 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. Heatking Induction Technology (Shiyan) Co's current ROCE % is 5.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heatking Induction Technology (Shiyan) Co stock overvalued right now?
Based on GuruFocus' analysis, Heatking Induction Technology (Shiyan) Co (BJSE:920870) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥15.01, compared to a current price of ¥12.18 — trading 18.9% below its estimated fair value. The current ROCE % is 5.75% and 20% below the Industrial Products industry median of 7.19. Heatking Induction Technology (Shiyan) Co's overall GF Score™ is 75/100 with 5 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 Heatking Induction Technology (Shiyan) Co (BJSE:920870), the current ROCE % is 5.75% 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 Heatking Induction Technology (Shiyan) Co (BJSE:920870) Overvalued in 2026?
Based on GuruFocus' analysis, Heatking Induction Technology (Shiyan) Co stock appears to be undervalued.
The current stock price of ¥12.18 is trading 18.9% below its estimated GF Value™ of ¥15.01.
GuruFocus considers Heatking Induction Technology (Shiyan) Co to be Modestly Undervalued.
Key valuation signals for BJSE:920870:
ROCE %: 5.75%
GF Value™: ¥15.01 vs. price of ¥12.18 (18.9% below fair value)
Industry Position: 20% below the Industrial Products median
No single metric tells the full story. See the BJSE:920870 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heatking Induction Technology (Shiyan) Co Ltd engages in research and development, production, sales, and technical services of medium and high-end CNC induction heat treatment complete sets of equipment and key functional components. Its products comprise induction heating, machine workpiece, automotive workpiece, wind power workpiece, Heating Industry, Military Workpiece, Standard Equipment, Heat Treatment, Cooling System, Monitoring System, Power Switch, Heating Transformer, and Heating Coils & Inductors.
75GF Score
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