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Golden Resources Development International (HKSE:00677) 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.
Golden Resources Development International ROCE % Related Terms
Golden Resources Development International 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.
Golden Resources Development International ROCE % Chart
Golden Resources Development International Annual Data
(1) Note:
The EBIT data used here is two times the semi-annual (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.
Golden Resources Development International (HKSE:00677) has a ROCE % of 9.96% as of Mar. 2026.
Is Golden Resources Development International's ROCE % too high?
Golden Resources Development International's current ROCE % is 9.96%. The Retail - Defensive industry median ROCE % is 9.70. Golden Resources Development International's value of 9.96% is 2.7% above this industry median. Overall, Golden Resources Development International has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Golden Resources Development International's ROCE % compare to SYY and USFD?
Golden Resources Development International's ROCE % of 9.96% can be compared against companies in the Retail - Defensive industry. The industry median ROCE % is 9.70. Golden Resources Development International's value of 9.96% is 2.7% 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 Retail - Defensive company?
The median ROCE % among Retail - Defensive companies is 9.70, based on 306 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. Golden Resources Development International's current ROCE % of 9.96% is 2.7% 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 Retail - Defensive industry, the median ROCE % is 9.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Resources Development International's current ROCE % is 9.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Resources Development International stock overvalued right now?
Based on GuruFocus' analysis, Golden Resources Development International (HKSE:00677) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.41, compared to a current price of HK$0.35 — trading 14.6% below its estimated fair value. The current ROCE % is 9.96% and 2.7% above the Retail - Defensive industry median of 9.70. Golden Resources Development International's overall GF Score™ is 55/100 with 8 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 Golden Resources Development International (HKSE:00677), the current ROCE % is 9.96% 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 Golden Resources Development International (HKSE:00677) Overvalued in 2026?
Based on GuruFocus' analysis, Golden Resources Development International stock appears to be undervalued.
The current stock price of HK$0.35 is trading 14.6% below its estimated GF Value™ of HK$0.41.
GuruFocus considers Golden Resources Development International to be Modestly Undervalued.
Key valuation signals for HKSE:00677:
ROCE %: 9.96%
GF Value™: HK$0.41 vs. price of HK$0.35 (14.6% below fair value)
Industry Position: 2.7% above the Retail - Defensive median
No single metric tells the full story. See the HKSE:00677 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Golden Resources Development International Ltd is an investment holding company. The company is engaged in the business of sourcing, importing, wholesaling, processing, packaging, marketing and distribution of rice and food products, convenience store operation, packaging materials operation, securities investment, property investment retailtainment and investment holding. The company's operating segment includes Convenience store operation; Food operation; Packaging materials operation; Securities investment; Property investment; Retailtainment; and Corporate and others. It generates maximum revenue from the Convenience store operation segment. Geographically, it derives a majority of revenue from Vietnam and also has a presence in Hong Kong and Mainland China and Other regions.
55GF Score
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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