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Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) 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.
Xinjiang Tianye Waterving Irrigation System Co ROCE % Related Terms
Xinjiang Tianye Waterving Irrigation System 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.
Xinjiang Tianye Waterving Irrigation System Co ROCE % Chart
Xinjiang Tianye Waterving Irrigation System Co Annual Data
(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.
Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) has a ROCE % of -15.20% as of Dec. 2025.
Is Xinjiang Tianye Waterving Irrigation System Co's ROCE % too high?
Xinjiang Tianye Waterving Irrigation System Co's current ROCE % is -15.20%. Overall, Xinjiang Tianye Waterving Irrigation System Co has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Tianye Waterving Irrigation System Co's ROCE % compare to CAT and DE?
Xinjiang Tianye Waterving Irrigation System Co's ROCE % of -15.20% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median ROCE % is 9.20. 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 Farm & Heavy Construction Machinery company?
The median ROCE % among Farm & Heavy Construction Machinery companies is 9.20, based on 206 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 Farm & Heavy Construction Machinery industry, the median ROCE % is 9.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang Tianye Waterving Irrigation System Co's current ROCE % is -15.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Tianye Waterving Irrigation System Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.17 — trading 112.5% above its estimated fair value. The current ROCE % is -15.20%. Xinjiang Tianye Waterving Irrigation System Co's overall GF Score™ is 30/100 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 Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840), the current ROCE % is -15.20% 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 Xinjiang Tianye Waterving Irrigation System Co (HKSE:00840) Overvalued in 2026?
Based on GuruFocus' analysis, Xinjiang Tianye Waterving Irrigation System Co stock appears to be overvalued.
The current stock price of HK$0.17 is trading 112.5% above its estimated GF Value™ of HK$0.08.
GuruFocus considers Xinjiang Tianye Waterving Irrigation System Co to be Significantly Overvalued.
Key valuation signals for HKSE:00840:
ROCE %: -15.20%
GF Value™: HK$0.08 vs. price of HK$0.17 (112.5% above fair value)
No single metric tells the full story. See the HKSE:00840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xinjiang Tianye Water Saving Irrigation System Co Ltd is a China-based firm engaged in the manufacture of plastic products. Its activities include the production and marketing of agricultural plastic water-saving irrigation equipment and plastic pipelines, and construction and installation of water-saving irrigation systems. The company's products include the PVC materials for water supply pipes, PE piping materials and accessories, pressure compensatory drip tapes, labyrinth-style drip tapes, embedded-style drip tapes, agricultural tapes and drippers. It also offers installation services for water-saving irrigation systems.
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