Irico Group New Energy Co (HKSE:00438) ROCE %: -10.33% (As of Dec. 2025)


HKSE:00438 Irico Group New Energy Co Ltd HKSE:00438
50 GF Score
Price HK$1.28
GF Value HK$2.79
Valuation Possible Value Trap
! 6 Warning Signs
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What is Irico Group New Energy Co ROCE %?

Irico Group New Energy Co HKSE:00438 +8.47% 50 ROCE % is -10.33% as of Dec. 2025. GuruFocus rates HKSE:00438 with a GF Score™ of 50/100 and a GF Value™ of HK$2.79 (Possible Value Trap). 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. Irico Group New Energy Co's annualized ROCE % for the quarter that ended in Dec. 2025 was -10.33%.

Irico Group New Energy Co  (HKSE:00438) 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.

Irico Group New Energy Co ROCE % Related Terms

Irico Group New Energy Co ROCE % Historical Data

* Premium members only.

The historical data trend for Irico Group New Energy 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.

Irico Group New Energy Co ROCE % Chart

Irico Group New Energy 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 11.64 6.52 -3.02 -5.10 -11.67

Irico Group New Energy Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -0.96 4.44 -15.09 -11.91 -10.33
HKSE:00438
50GF Score
Irico Group New Energy Co Ltd HKSE:00438
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Irico Group New Energy Co ROCE % Calculation

Irico Group New Energy 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 )
=-438.756/( ( (9369.112 - 5635.383) + (9183.977 - 5400.455) )/ 2 )
=-438.756/( (3733.729+3783.522)/ 2 )
=-438.756/3758.6255
=-11.67 %

Irico Group New Energy Co's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-406.682/( ( (9719.891 - 5628.922) + (9183.977 - 5400.455) )/ 2 )
=-406.682/( ( 4090.969 + 3783.522 )/ 2 )
=-406.682/3937.2455
=-10.33 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 -10.33% mean?
Irico Group New Energy Co (HKSE:00438) has a ROCE % of -10.33% as of Dec. 2025.
Is Irico Group New Energy Co's ROCE % too high?
Irico Group New Energy Co's current ROCE % is -10.33%. Overall, Irico Group New Energy Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Irico Group New Energy Co's ROCE % compare to FSLR and NXT?
Irico Group New Energy Co's ROCE % of -10.33% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. 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 Semiconductors company?
The median ROCE % among Semiconductors companies is 4.81, based on 1,018 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. 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 Semiconductors industry, the median ROCE % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Irico Group New Energy Co's current ROCE % is -10.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Irico Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Irico Group New Energy Co (HKSE:00438) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.79, compared to a current price of HK$1.28 — trading 54.1% below its estimated fair value. The current ROCE % is -10.33%. Irico Group New Energy Co's overall GF Score™ is 50/100 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 Irico Group New Energy Co (HKSE:00438), the current ROCE % is -10.33% as of Dec. 2025. 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 Irico Group New Energy Co (HKSE:00438) Overvalued in 2026?

Based on GuruFocus' analysis, Irico Group New Energy Co stock appears to be undervalued. The current stock price of HK$1.28 is trading 54.1% below its estimated GF Value™ of HK$2.79. GuruFocus considers Irico Group New Energy Co to be Possible Value Trap.

Key valuation signals for HKSE:00438:

  • ROCE %: -10.33%
  • GF Value™: HK$2.79 vs. price of HK$1.28 (54.1% below fair value)
  • GF Score™: 50/100 with 6 warning signs

No single metric tells the full story. See the HKSE:00438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Irico Group New Energy Co Business Description

Address Xinghuo Avenue, No. 3, C6, High-Tech Industrial Development Zone, Shaanxi Province, Xianyang, CHN, 712000
Irico Group New Energy Co Ltd is mainly engaged in the solar photovoltaic business. Along with its subsidiaries, it produces and sells solar photovoltaic glass, solar photovoltaic modules, and back glass, which is applied to solar cell module packaging. Its geographical segments are: The People's Republic of China (excluding Hong Kong), and Other countries, of which the majority of the revenue comes from China.
50GF Score

Get the complete analysis for HKSE:00438

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

HK$1.28
Price
HK$2.79
GF Value