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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. Zhejiang Chang'an Renheng Technology Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 10.24%.
Zhejiang Chang'an Renheng Technology Co (HKSE:08139) 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.
Zhejiang Chang'an Renheng Technology Co ROCE % Related Terms
Zhejiang Chang'an Renheng Technology Co ROCE % Historical 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.
Zhejiang Chang'an Renheng Technology Co ROCE % Chart
Zhejiang Chang'an Renheng Technology Co Annual Data
(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.
Zhejiang Chang'an Renheng Technology Co (HKSE:08139) has a ROCE % of 10.24% as of Dec. 2025.
Is Zhejiang Chang'an Renheng Technology Co's ROCE % too high?
Zhejiang Chang'an Renheng Technology Co's current ROCE % is 10.24%. The Chemicals industry median ROCE % is 6.55. Zhejiang Chang'an Renheng Technology Co's value of 10.24% is 56.5% above this industry median. Overall, Zhejiang Chang'an Renheng Technology Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Chang'an Renheng Technology Co's ROCE % compare to DOW?
Zhejiang Chang'an Renheng Technology Co's ROCE % of 10.24% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.55. Zhejiang Chang'an Renheng Technology Co's value of 10.24% is 56.5% 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 Chemicals company?
The median ROCE % among Chemicals companies is 6.55, based on 1,588 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. Zhejiang Chang'an Renheng Technology Co's current ROCE % of 10.24% is 56.5% 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 Chemicals industry, the median ROCE % is 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Chang'an Renheng Technology Co's current ROCE % is 10.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Chang'an Renheng Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Chang'an Renheng Technology Co (HKSE:08139) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.67, compared to a current price of HK$1.23 — trading 26.3% below its estimated fair value. The current ROCE % is 10.24% and 56.5% above the Chemicals industry median of 6.55. Zhejiang Chang'an Renheng Technology Co's overall GF Score™ is 65/100 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 Zhejiang Chang'an Renheng Technology Co (HKSE:08139), the current ROCE % is 10.24% 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 Zhejiang Chang'an Renheng Technology Co (HKSE:08139) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Chang'an Renheng Technology Co stock appears to be undervalued.
The current stock price of HK$1.23 is trading 26.3% below its estimated GF Value™ of HK$1.67.
GuruFocus considers Zhejiang Chang'an Renheng Technology Co to be Modestly Undervalued.
Key valuation signals for HKSE:08139:
ROCE %: 10.24%
GF Value™: HK$1.67 vs. price of HK$1.23 (26.3% below fair value)
Industry Position: 56.5% above the Chemicals median
No single metric tells the full story. See the HKSE:08139 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Chang'an Renheng Technology Co Business Description
Zhejiang Chang'an Renheng Technology Co Ltd is principally engaged in the business of development, production, and sale of bentonite fine chemicals in China. It uses bentonite as its basic raw material to manufacture paper chemicals, organic bentonite, inorganic gel, bentonite for metallurgy pellets, quality calcium-bentonite, and other products. The majority of its revenue comes from the sale of organic bentonite.
65GF Score
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