China-Hongkong Photo Products Holdings (HKSE:01123) ROCE %: 0.76% (As of Mar. 2026)

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HKSE:01123 China-Hongkong Photo Products Holdings Ltd HKSE:01123
47 GF Score
Price HK$0.14
GF Value HK$0.12
Valuation Modestly Overvalued
! 8 Warning Signs
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What is China-Hongkong Photo Products Holdings ROCE %?

China-Hongkong Photo Products Holdings HKSE:01123 -0.71% 47 ROCE % is 0.76% as of Mar. 2026. GuruFocus rates HKSE:01123 with a GF Score™ of 47/100 and a GF Value™ of HK$0.12 (Modestly Overvalued). The stock has 8 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. China-Hongkong Photo Products Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was 0.76%.

China-Hongkong Photo Products Holdings  (HKSE:01123) 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.

China-Hongkong Photo Products Holdings ROCE % Related Terms

China-Hongkong Photo Products Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for China-Hongkong Photo Products Holdings'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.

China-Hongkong Photo Products Holdings ROCE % Chart

China-Hongkong Photo Products Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.41 6.46 4.52 0.95 2.36

China-Hongkong Photo Products Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.30 3.10 -1.22 3.92 0.76
HKSE:01123
47GF Score
China-Hongkong Photo Products Holdings Ltd HKSE:01123
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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China-Hongkong Photo Products Holdings ROCE % Calculation

China-Hongkong Photo Products Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=17.449/( ( (892.331 - 151.633) + (889.069 - 149.978) )/ 2 )
=17.449/( (740.698+739.091)/ 2 )
=17.449/739.8945
=2.36 %

China-Hongkong Photo Products Holdings'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: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=5.64/( ( (924.102 - 173.297) + (889.069 - 149.978) )/ 2 )
=5.64/( ( 750.805 + 739.091 )/ 2 )
=5.64/744.948
=0.76 %

(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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.76% mean?
China-Hongkong Photo Products Holdings (HKSE:01123) has a ROCE % of 0.76% as of Mar. 2026.
Is China-Hongkong Photo Products Holdings' ROCE % too high?
China-Hongkong Photo Products Holdings' current ROCE % is 0.76%. The Travel & Leisure industry median ROCE % is 6.36. China-Hongkong Photo Products Holdings' value of 0.76% is 88% below this industry median. Overall, China-Hongkong Photo Products Holdings has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China-Hongkong Photo Products Holdings' ROCE % compare to AS and HAS?
China-Hongkong Photo Products Holdings' ROCE % of 0.76% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.36. China-Hongkong Photo Products Holdings' value of 0.76% is 88% 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 a Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.36, based on 834 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. China-Hongkong Photo Products Holdings's current ROCE % of 0.76% is 88% 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 Travel & Leisure industry, the median ROCE % is 6.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China-Hongkong Photo Products Holdings's current ROCE % is 0.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China-Hongkong Photo Products Holdings stock overvalued right now?
Based on GuruFocus' analysis, China-Hongkong Photo Products Holdings (HKSE:01123) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.14 — trading 15.8% above its estimated fair value. The current ROCE % is 0.76% and 88% below the Travel & Leisure industry median of 6.36. China-Hongkong Photo Products Holdings' overall GF Score™ is 47/100 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 China-Hongkong Photo Products Holdings (HKSE:01123), the current ROCE % is 0.76% 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 China-Hongkong Photo Products Holdings (HKSE:01123) Overvalued in 2026?

Based on GuruFocus' analysis, China-Hongkong Photo Products Holdings stock appears to be overvalued. The current stock price of HK$0.14 is trading 15.8% above its estimated GF Value™ of HK$0.12. GuruFocus considers China-Hongkong Photo Products Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:01123:

  • ROCE %: 0.76%
  • GF Value™: HK$0.12 vs. price of HK$0.14 (15.8% above fair value)
  • GF Score™: 47/100 with 8 warning signs
  • Industry Position: 88% below the Travel & Leisure median

No single metric tells the full story. See the HKSE:01123 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China-Hongkong Photo Products Holdings Business Description

Address 220-248 Texaco Road, 8th Floor, Tsuen Wan Industrial Centre, Tsuen Wan, Hong Kong, HKG
China-Hongkong Photo Products Holdings Ltd is an investment holding company. The company's operating segment includes Merchandise; Service; Investment and Corporate and others. The Merchandise segment is engaged in the marketing and distribution of photographic developing, processing and printing products as well as the sale of photographic merchandise, skincare products, consumer electronic products, and household appliances. It generates maximum revenue from the Merchandise segment. Geographically, it derives a majority of revenue from Hong Kong.
47GF Score

Get the complete analysis for HKSE:01123

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

HK$0.14
Price
HK$0.12
GF Value