Shanghai REFIRE Group (HKSE:02570) ROCE %: -23.19% (As of Dec. 2025)

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HKSE:02570 Shanghai REFIRE Group Ltd HKSE:02570
3 GF Score
Price HK$17.75
! 8 Warning Signs
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What is Shanghai REFIRE Group ROCE %?

Shanghai REFIRE Group HKSE:02570 -2.90% 3 ROCE % is -23.19% as of Dec. 2025. GuruFocus rates HKSE:02570 with a GF Score™ of 3/100. 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. Shanghai REFIRE Group's annualized ROCE % for the quarter that ended in Dec. 2025 was -23.19%.

Shanghai REFIRE Group  (HKSE:02570) 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.

Shanghai REFIRE Group ROCE % Related Terms

Shanghai REFIRE Group ROCE % Historical Data

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The historical data trend for Shanghai REFIRE 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.

Shanghai REFIRE Group ROCE % Chart

Shanghai REFIRE Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
-53.57 -22.87 -18.04 -27.04 -24.61

Shanghai REFIRE Group Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
ROCE % Get a 7-Day Free Trial 0.00 -33.43 -20.38 -27.09 -23.19
HKSE:02570
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Shanghai REFIRE Group Ltd HKSE:02570
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Shanghai REFIRE Group ROCE % Calculation

Shanghai REFIRE 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 )
=-628.97/( ( (5009.657 - 2278.024) + (4719.11 - 2338.305) )/ 2 )
=-628.97/( (2731.633+2380.805)/ 2 )
=-628.97/2556.219
=-24.61 %

Shanghai REFIRE Group'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 )
=-554.858/( ( (5039.118 - 2634.504) + (4719.11 - 2338.305) )/ 2 )
=-554.858/( ( 2404.614 + 2380.805 )/ 2 )
=-554.858/2392.7095
=-23.19 %

(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 -23.19% mean?
Shanghai REFIRE Group (HKSE:02570) has a ROCE % of -23.19% as of Dec. 2025.
Is Shanghai REFIRE Group's ROCE % too high?
Shanghai REFIRE Group's current ROCE % is -23.19%. Overall, Shanghai REFIRE Group has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai REFIRE Group's ROCE % compare to GEV and ETN?
Shanghai REFIRE Group's ROCE % of -23.19% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.19. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.19, based on 3,026 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. 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 Industrial Products industry, the median ROCE % is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai REFIRE Group's current ROCE % is -23.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai REFIRE Group stock overvalued right now?
Shanghai REFIRE Group (HKSE:02570) has a current ROCE % of -23.19%. The current ROCE % is -23.19%. Shanghai REFIRE Group's overall GF Score™ is 3/100 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 Shanghai REFIRE Group (HKSE:02570), the current ROCE % is -23.19% 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.

Shanghai REFIRE Group Business Description

Address 1555 Jingyuan Road, Room 1004, 1st Floor, Unit 1, Jiading District, Shanghai, CHN
Shanghai REFIRE Group Ltd is a hydrogen technology company in China, It is focused on the design, development, manufacture, and sales of hydrogen fuel cell systems, hydrogen production systems, and related components, as well as providing fuel cell engineering and technical services catering to customers' needs, enabling it to provide one-stop solution for hydrogen production and end-use applications. Key revenue of the Group was derived from operations in Mainland China, and also has its presence in Other Countries.
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