China Ludao Technology Co (HKSE:02023) ROCE %: 6.08% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02023 China Ludao Technology Co Ltd HKSE:02023
68 GF Score
Price HK$0.79
GF Value HK$1.50
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is China Ludao Technology Co ROCE %?

China Ludao Technology Co HKSE:02023 +0.64% 68 ROCE % is 6.08% as of Dec. 2025. GuruFocus rates HKSE:02023 with a GF Score™ of 68/100 and a GF Value™ of HK$1.50 (Possible Value Trap). The stock has 6 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 Ludao Technology Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 6.08%.

China Ludao Technology Co  (HKSE:02023) 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 Ludao Technology Co ROCE % Related Terms

China Ludao Technology Co ROCE % Historical Data

* Premium members only.

The historical data trend for China Ludao Technology 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.

China Ludao Technology Co ROCE % Chart

China Ludao Technology 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 14.59 5.53 7.30 8.98 9.41

China Ludao Technology Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.15 14.20 3.20 13.28 6.08
HKSE:02023
68GF Score
China Ludao Technology Co Ltd HKSE:02023
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Ludao Technology Co ROCE % Calculation

China Ludao Technology 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 )
=83.557/( ( (1809.509 - 1013.384) + (2130.589 - 1151.191) )/ 2 )
=83.557/( (796.125+979.398)/ 2 )
=83.557/887.7615
=9.41 %

China Ludao Technology Co's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=55.954/( ( (1791.358 - 931.315) + (2130.589 - 1151.191) )/ 2 )
=55.954/( ( 860.043 + 979.398 )/ 2 )
=55.954/919.7205
=6.08 %

(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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 6.08% mean?
China Ludao Technology Co (HKSE:02023) has a ROCE % of 6.08% as of Dec. 2025.
Is China Ludao Technology Co's ROCE % too high?
China Ludao Technology Co's current ROCE % is 6.08%. The Consumer Packaged Goods industry median ROCE % is 9.07. China Ludao Technology Co's value of 6.08% is 33% below this industry median. Overall, China Ludao Technology Co has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Ludao Technology Co's ROCE % compare to PG and CL?
China Ludao Technology Co's ROCE % of 6.08% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 9.07. China Ludao Technology Co's value of 6.08% is 33% 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 Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 9.07, based on 1,947 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 Ludao Technology Co's current ROCE % of 6.08% is 33% 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 Consumer Packaged Goods industry, the median ROCE % is 9.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Ludao Technology Co's current ROCE % is 6.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Ludao Technology Co stock overvalued right now?
Based on GuruFocus' analysis, China Ludao Technology Co (HKSE:02023) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.50, compared to a current price of HK$0.79 — trading 47.3% below its estimated fair value. The current ROCE % is 6.08% and 33% below the Consumer Packaged Goods industry median of 9.07. China Ludao Technology Co's overall GF Score™ is 68/100 with 6 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 Ludao Technology Co (HKSE:02023), the current ROCE % is 6.08% 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 China Ludao Technology Co (HKSE:02023) Overvalued in 2026?

Based on GuruFocus' analysis, China Ludao Technology Co stock appears to be undervalued. The current stock price of HK$0.79 is trading 47.3% below its estimated GF Value™ of HK$1.50. GuruFocus considers China Ludao Technology Co to be Possible Value Trap.

Key valuation signals for HKSE:02023:

  • ROCE %: 6.08%
  • GF Value™: HK$1.50 vs. price of HK$0.79 (47.3% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 33% below the Consumer Packaged Goods median

No single metric tells the full story. See the HKSE:02023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Ludao Technology Co Business Description

Address No. 5 Sanmen Industry Road, Sanmen Industry Zone, Zhejiang Province, Taizhou City, CHN
China Ludao Technology Co Ltd is an investment holding company principally engaged in the research and development, manufacture, and sale of aerosol and related products, and wholesale of personal care products and production-related materials in the PRC. Its aerosol products include household and auto care products, air-fresheners, personal care products, and insecticides. The Company offers products under the brand names Green Island, Ludao, JIERJIA, and EAGLEIN KING. The Group generates maximum revenue from Mainland China, followed by Chile, the United States of America, Japan, and others.
68GF Score

Get the complete analysis for HKSE:02023

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

HK$0.79
Price
HK$1.50
GF Value