Zhejiang Shibao Co (HKSE:01057) ROCE %: 8.69% (As of Mar. 2026)


HKSE:01057 Zhejiang Shibao Co Ltd HKSE:01057
85 GF Score
Price HK$3.64
GF Value HK$5.60
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Zhejiang Shibao Co ROCE %?

Zhejiang Shibao Co HKSE:01057 +2.25% 85 ROCE % is 8.69% as of Mar. 2026. GuruFocus rates HKSE:01057 with a GF Score™ of 85/100 and a GF Value™ of HK$5.60 (Significantly Undervalued). The stock has 2 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. Zhejiang Shibao Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.69%.

Zhejiang Shibao Co  (HKSE:01057) 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.

Zhejiang Shibao Co ROCE % Related Terms

Zhejiang Shibao Co ROCE % Historical Data

* Premium members only.

The historical data trend for Zhejiang Shibao 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.

Zhejiang Shibao Co ROCE % Chart

Zhejiang Shibao 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 2.37 1.60 6.07 8.81 9.42

Zhejiang Shibao 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 10.32 9.32 12.18 5.54 8.69
HKSE:01057
85GF Score
Zhejiang Shibao Co Ltd HKSE:01057
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Shibao Co ROCE % Calculation

Zhejiang Shibao 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 )
=212.084/( ( (3485.594 - 1363.523) + (4236.323 - 1854.821) )/ 2 )
=212.084/( (2122.071+2381.502)/ 2 )
=212.084/2251.7865
=9.42 %

Zhejiang Shibao 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 )
=211.976/( ( (4236.323 - 1854.821) + (4312.995 - 1815.605) )/ 2 )
=211.976/( ( 2381.502 + 2497.39 )/ 2 )
=211.976/2439.446
=8.69 %

(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 8.69% mean?
Zhejiang Shibao Co (HKSE:01057) has a ROCE % of 8.69% as of Mar. 2026.
Is Zhejiang Shibao Co's ROCE % too high?
Zhejiang Shibao Co's current ROCE % is 8.69%. The Vehicles & Parts industry median ROCE % is 7.93. Zhejiang Shibao Co's value of 8.69% is 9.6% above this industry median. Overall, Zhejiang Shibao Co has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Shibao Co's ROCE % compare to ORLY and AZO?
Zhejiang Shibao Co's ROCE % of 8.69% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.93. Zhejiang Shibao Co's value of 8.69% is 9.6% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.93, based on 1,316 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. Zhejiang Shibao Co's current ROCE % of 8.69% is 9.6% 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 Vehicles & Parts industry, the median ROCE % is 7.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Shibao Co's current ROCE % is 8.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Shibao Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Shibao Co (HKSE:01057) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$5.60, compared to a current price of HK$3.64 — trading 35% below its estimated fair value. The current ROCE % is 8.69% and 9.6% above the Vehicles & Parts industry median of 7.93. Zhejiang Shibao Co's overall GF Score™ is 85/100 with 2 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 Zhejiang Shibao Co (HKSE:01057), the current ROCE % is 8.69% 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 Zhejiang Shibao Co (HKSE:01057) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Shibao Co stock appears to be undervalued. The current stock price of HK$3.64 is trading 35% below its estimated GF Value™ of HK$5.60. GuruFocus considers Zhejiang Shibao Co to be Significantly Undervalued.

Key valuation signals for HKSE:01057:

  • ROCE %: 8.69%
  • GF Value™: HK$5.60 vs. price of HK$3.64 (35% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 9.6% above the Vehicles & Parts median

No single metric tells the full story. See the HKSE:01057 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Shibao Co Business Description

Other Exchanges W4K1:Germany002703:China
Address 228 Queen’s Road East, Unit C, 5th Floor, Jonsim Place, Wanchai, Hong Kong, HKG
Zhejiang Shibao Co Ltd is engaged in the development, design, manufacture, and sales of automotive steering gears and other key components and parts of the steering system. The company has five production sites in Hangzhou, Yiwu, Siping, and Wuhu, as well as a group research institute in Hangzhou and an automotive intelligent technology research and development center in Beijing. The company is capable of providing all kinds of steering products for commercial cars, passenger cars, and new energy cars. The company derives a majority of revenue domestically from China.
85GF Score

Get the complete analysis for HKSE:01057

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

HK$3.64
Price
HK$5.60
GF Value