Persistence Gold Group (HKSE:02489) ROCE %: 17.24% (As of Mar. 2026)


HKSE:02489 Persistence Gold Group Ltd HKSE:02489
48 GF Score
Price HK$0.71
! 4 Warning Signs
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What is Persistence Gold Group ROCE %?

Persistence Gold Group HKSE:02489 +4.41% 48 ROCE % is 17.24% as of Mar. 2026. GuruFocus rates HKSE:02489 with a GF Score™ of 48/100. The stock has 4 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. Persistence Gold Group's annualized ROCE % for the quarter that ended in Mar. 2026 was 17.24%.

Persistence Gold Group  (HKSE:02489) 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.

Persistence Gold Group ROCE % Related Terms

Persistence Gold Group ROCE % Historical Data

* Premium members only.

The historical data trend for Persistence Gold Group'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.

Persistence Gold Group ROCE % Chart

Persistence Gold Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 15.71 27.01 16.65 19.83 16.93

Persistence Gold Group Quarterly Data
Dec20 Dec21 Dec22 Jun23 Dec23 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 20.42 19.16 14.80 15.25 17.24
HKSE:02489
48GF Score
Persistence Gold Group Ltd HKSE:02489
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Persistence Gold Group ROCE % Calculation

Persistence Gold Group'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 )
=278.088/( ( (1339.888 - 148.808) + (2533.088 - 438.766) )/ 2 )
=278.088/( (1191.08+2094.322)/ 2 )
=278.088/1642.701
=16.93 %

Persistence Gold Group'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 )
=369.96/( ( (2533.088 - 438.766) + (2616.675 - 419.121) )/ 2 )
=369.96/( ( 2094.322 + 2197.554 )/ 2 )
=369.96/2145.938
=17.24 %

(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 17.24% mean?
Persistence Gold Group (HKSE:02489) has a ROCE % of 17.24% as of Mar. 2026.
Is Persistence Gold Group's ROCE % too high?
Persistence Gold Group's current ROCE % is 17.24%. Overall, Persistence Gold Group has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Persistence Gold Group's ROCE % compare to NEM and AU?
Persistence Gold Group's ROCE % of 17.24% can be compared against companies in the Metals & Mining industry. 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 Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. 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. Persistence Gold Group's current ROCE % is 17.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persistence Gold Group stock overvalued right now?
Persistence Gold Group (HKSE:02489) has a current ROCE % of 17.24%. The current ROCE % is 17.24%. Persistence Gold Group's overall GF Score™ is 48/100 with 4 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 Persistence Gold Group (HKSE:02489), the current ROCE % is 17.24% 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.

Persistence Gold Group Business Description

Address 199 Des Voeux Road Central, Level 20, Infinitus Plaza, Sheung Wan, Hong Kong, HKG
Persistence Gold Group Ltd is engaged in gold mining and related processing activities in China. Through its subsidiaries, the company operates the Songjiagou open-pit and underground gold mines in Shandong Province and focuses on the extraction, processing, and expansion of gold mining operations.
48GF Score

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

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