Maike Tube Industry Holdings (HKSE:01553) ROCE %: 7.69% (As of Jun. 2026)

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HKSE:01553 Maike Tube Industry Holdings Ltd HKSE:01553
68 GF Score
Price HK$1.52
GF Value HK$0.97
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Maike Tube Industry Holdings ROCE %?

Maike Tube Industry Holdings HKSE:01553 68 ROCE % is 7.69% as of Jun. 2026. GuruFocus rates HKSE:01553 with a GF Score™ of 68/100 and a GF Value™ of HK$0.97 (Significantly Overvalued). The stock has 10 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. Maike Tube Industry Holdings's annualized ROCE % for the quarter that ended in Jun. 2026 was 7.69%.

Maike Tube Industry Holdings  (HKSE:01553) 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.

Maike Tube Industry Holdings ROCE % Related Terms

Maike Tube Industry Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Maike Tube Industry 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.

Maike Tube Industry Holdings ROCE % Chart

Maike Tube Industry Holdings 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 17.13 16.71 17.40 15.75 14.33

Maike Tube Industry Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 17.96 14.09 18.81 10.30 7.69
HKSE:01553
68GF Score
Maike Tube Industry Holdings Ltd HKSE:01553
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maike Tube Industry Holdings ROCE % Calculation

Maike Tube Industry Holdings'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 )
=192.878/( ( (2278.586 - 1030.144) + (2337.73 - 894.227) )/ 2 )
=192.878/( (1248.442+1443.503)/ 2 )
=192.878/1345.9725
=14.33 %

Maike Tube Industry Holdings's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=121.596/( ( (2337.73 - 894.227) + (2197.212 - 478.881) )/ 2 )
=121.596/( ( 1443.503 + 1718.331 )/ 2 )
=121.596/1580.917
=7.69 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 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 7.69% mean?
Maike Tube Industry Holdings (HKSE:01553) has a ROCE % of 7.69% as of Jun. 2026.
Is Maike Tube Industry Holdings' ROCE % too high?
Maike Tube Industry Holdings' current ROCE % is 7.69%. The Steel industry median ROCE % is 6.48. Maike Tube Industry Holdings' value of 7.69% is 18.7% above this industry median. Overall, Maike Tube Industry Holdings has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maike Tube Industry Holdings' ROCE % compare to NUE and STLD?
Maike Tube Industry Holdings' ROCE % of 7.69% can be compared against companies in the Steel industry. The industry median ROCE % is 6.48. Maike Tube Industry Holdings' value of 7.69% is 18.7% 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 Steel company?
The median ROCE % among Steel companies is 6.48, based on 619 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. Maike Tube Industry Holdings's current ROCE % of 7.69% is 18.7% 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 Steel industry, the median ROCE % is 6.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maike Tube Industry Holdings's current ROCE % is 7.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maike Tube Industry Holdings stock overvalued right now?
Based on GuruFocus' analysis, Maike Tube Industry Holdings (HKSE:01553) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.97, compared to a current price of HK$1.52 — trading 56.7% above its estimated fair value. The current ROCE % is 7.69% and 18.7% above the Steel industry median of 6.48. Maike Tube Industry Holdings' overall GF Score™ is 68/100 with 10 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 Maike Tube Industry Holdings (HKSE:01553), the current ROCE % is 7.69% as of Jun. 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 Maike Tube Industry Holdings (HKSE:01553) Overvalued in 2026?

Based on GuruFocus' analysis, Maike Tube Industry Holdings stock appears to be overvalued. The current stock price of HK$1.52 is trading 56.7% above its estimated GF Value™ of HK$0.97. GuruFocus considers Maike Tube Industry Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01553:

  • ROCE %: 7.69%
  • GF Value™: HK$0.97 vs. price of HK$1.52 (56.7% above fair value)
  • GF Score™: 68/100 with 10 warning signs
  • Industry Position: 18.7% above the Steel median

No single metric tells the full story. See the HKSE:01553 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Maike Tube Industry Holdings Business Description

Address No. 4 Meide Street, Meigui Zone of Industrial Park, Pingyin County, Shandong Province, Jinan, CHN, 250400
Maike Tube Industry Holdings Ltd is an investment holding company. The company, through its subsidiaries, is engaged in the manufacturing of steel pipe products and prefabricated pipe nipple products. Its steel pipe products are made through rolling steel plates and welding the seam, and are mainly used for gas, water supply, HVAC, and fire extinguishing. The group offers ERW steel pipes, Standard prefabricated pipe nipples, Spiral Submerged Arc Welded steel pipes, Customised steel pipes, and Design and supply assembled piping systems. It has a business presence in the PRC, the United States of America, Europe, and Other countries, of which a majority of revenue is generated from the PRC.
68GF Score

Get the complete analysis for HKSE:01553

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

HK$1.52
Price
HK$0.97
GF Value