JiaXing Gas Group Co (HKSE:09908) ROCE %: 8.60% (As of Dec. 2025)

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HKSE:09908 JiaXing Gas Group Co Ltd HKSE:09908
80 GF Score
Price HK$8.48
GF Value HK$7.24
Valuation Modestly Overvalued
! 9 Warning Signs
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What is JiaXing Gas Group Co ROCE %?

JiaXing Gas Group Co HKSE:09908 +2.11% 80 ROCE % is 8.60% as of Dec. 2025. GuruFocus rates HKSE:09908 with a GF Score™ of 80/100 and a GF Value™ of HK$7.24 (Modestly Overvalued). The stock has 9 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. JiaXing Gas Group Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 8.60%.

JiaXing Gas Group Co  (HKSE:09908) 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.

JiaXing Gas Group Co ROCE % Related Terms

JiaXing Gas Group Co ROCE % Historical Data

* Premium members only.

The historical data trend for JiaXing Gas Group 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.

JiaXing Gas Group Co ROCE % Chart

JiaXing Gas Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only 11.02 7.01 17.92 15.73 10.12

JiaXing Gas Group Co Semi-Annual Data
Dec17 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 13.56 13.42 18.40 10.93 8.60
HKSE:09908
80GF Score
JiaXing Gas Group Co Ltd HKSE:09908
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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JiaXing Gas Group Co ROCE % Calculation

JiaXing Gas Group 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 )
=232.724/( ( (3185.772 - 1276.771) + (3890.808 - 1200.466) )/ 2 )
=232.724/( (1909.001+2690.342)/ 2 )
=232.724/2299.6715
=10.12 %

JiaXing Gas Group 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 )
=222.678/( ( (3419.396 - 931.116) + (3890.808 - 1200.466) )/ 2 )
=222.678/( ( 2488.28 + 2690.342 )/ 2 )
=222.678/2589.311
=8.60 %

(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 8.60% mean?
JiaXing Gas Group Co (HKSE:09908) has a ROCE % of 8.60% as of Dec. 2025.
Is JiaXing Gas Group Co's ROCE % too high?
JiaXing Gas Group Co's current ROCE % is 8.60%. The Utilities - Regulated industry median ROCE % is 7.10. JiaXing Gas Group Co's value of 8.60% is 21.1% above this industry median. Overall, JiaXing Gas Group Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JiaXing Gas Group Co's ROCE % compare to ATO and NI?
JiaXing Gas Group Co's ROCE % of 8.60% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 7.10. JiaXing Gas Group Co's value of 8.60% is 21.1% 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 an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 7.10, based on 505 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. JiaXing Gas Group Co's current ROCE % of 8.60% is 21.1% 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 Utilities - Regulated industry, the median ROCE % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JiaXing Gas Group Co's current ROCE % is 8.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JiaXing Gas Group Co stock overvalued right now?
Based on GuruFocus' analysis, JiaXing Gas Group Co (HKSE:09908) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$7.24, compared to a current price of HK$8.48 — trading 17.1% above its estimated fair value. The current ROCE % is 8.60% and 21.1% above the Utilities - Regulated industry median of 7.10. JiaXing Gas Group Co's overall GF Score™ is 80/100 with 9 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 JiaXing Gas Group Co (HKSE:09908), the current ROCE % is 8.60% 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 JiaXing Gas Group Co (HKSE:09908) Overvalued in 2026?

Based on GuruFocus' analysis, JiaXing Gas Group Co stock appears to be overvalued. The current stock price of HK$8.48 is trading 17.1% above its estimated GF Value™ of HK$7.24. GuruFocus considers JiaXing Gas Group Co to be Modestly Overvalued.

Key valuation signals for HKSE:09908:

  • ROCE %: 8.60%
  • GF Value™: HK$7.24 vs. price of HK$8.48 (17.1% above fair value)
  • GF Score™: 80/100 with 9 warning signs
  • Industry Position: 21.1% above the Utilities - Regulated median

No single metric tells the full story. See the HKSE:09908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JiaXing Gas Group Co Business Description

Address No. 32 Qinyi Road, 5th Floor, Hualong Plaza, Building 3, Economic and Technological Development Zone, Zhejiang Province, Jiaxing, CHN
JiaXing Gas Group Co Ltd is engaged in the sale of gas, mainly piped natural gas(PNG) (under the concessions), liquefied natural gas (LNG) and liquefied petroleum gas (LPG) in Jiaxing; (ii) provision of construction and installation services; and (iii) other activities, including provision of natural gas transportation services, sale of vapour and construction materials, and leasing of properties, etc. Geographically, the company generates all of its revenue from Mainland China.
80GF Score

Get the complete analysis for HKSE:09908

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

HK$8.48
Price
HK$7.24
GF Value