Anhui Expressway Co (SHSE:600012) ROCE %: 11.84% (As of Mar. 2026)

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SHSE:600012 Anhui Expressway Co Ltd SHSE:600012
75 GF Score
Price ¥16.96
GF Value ¥11.28
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Anhui Expressway Co ROCE %?

Anhui Expressway Co SHSE:600012 +0.95% 75 ROCE % is 11.84% as of Mar. 2026. GuruFocus rates SHSE:600012 with a GF Score™ of 75/100 and a GF Value™ of ¥11.28 (Significantly 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. Anhui Expressway Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.84%.

Anhui Expressway Co  (SHSE:600012) 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.

Anhui Expressway Co ROCE % Related Terms

Anhui Expressway Co ROCE % Historical Data

* Premium members only.

The historical data trend for Anhui Expressway 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.

Anhui Expressway Co ROCE % Chart

Anhui Expressway 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 13.31 11.89 12.34 11.75 10.89

Anhui Expressway Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.16 9.23 11.91 10.28 11.84
SHSE:600012
75GF Score
Anhui Expressway Co Ltd SHSE:600012
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Anhui Expressway Co ROCE % Calculation

Anhui Expressway 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 )
=2906.676/( ( (27499.786 - 1532.027) + (30408.343 - 2999.222) )/ 2 )
=2906.676/( (25967.759+27409.121)/ 2 )
=2906.676/26688.44
=10.89 %

Anhui Expressway Co'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 )
=3315.176/( ( (30408.343 - 2999.222) + (31557.145 - 2965.558) )/ 2 )
=3315.176/( ( 27409.121 + 28591.587 )/ 2 )
=3315.176/28000.354
=11.84 %

(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 11.84% mean?
Anhui Expressway Co (SHSE:600012) has a ROCE % of 11.84% as of Mar. 2026.
Is Anhui Expressway Co's ROCE % too high?
Anhui Expressway Co's current ROCE % is 11.84%. The Construction industry median ROCE % is 8.23. Anhui Expressway Co's value of 11.84% is 44% above this industry median. Overall, Anhui Expressway Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anhui Expressway Co's ROCE % compare to competitors?
Anhui Expressway Co's ROCE % of 11.84% can be compared against companies in the Construction industry. The industry median ROCE % is 8.23. Anhui Expressway Co's value of 11.84% is 44% 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 Construction company?
The median ROCE % among Construction companies is 8.23, based on 1,752 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. Anhui Expressway Co's current ROCE % of 11.84% is 44% 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 Construction industry, the median ROCE % is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Expressway Co's current ROCE % is 11.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Anhui Expressway Co (SHSE:600012) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.28, compared to a current price of ¥16.96 — trading 50.4% above its estimated fair value. The current ROCE % is 11.84% and 44% above the Construction industry median of 8.23. Anhui Expressway Co's overall GF Score™ is 75/100 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 Anhui Expressway Co (SHSE:600012), the current ROCE % is 11.84% 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.

Is Anhui Expressway Co (SHSE:600012) Overvalued in 2026?

Based on GuruFocus' analysis, Anhui Expressway Co stock appears to be overvalued. The current stock price of ¥16.96 is trading 50.4% above its estimated GF Value™ of ¥11.28. GuruFocus considers Anhui Expressway Co to be Significantly Overvalued.

Key valuation signals for SHSE:600012:

  • ROCE %: 11.84%
  • GF Value™: ¥11.28 vs. price of ¥16.96 (50.4% above fair value)
  • GF Score™: 75/100 with 9 warning signs
  • Industry Position: 44% above the Construction median

No single metric tells the full story. See the SHSE:600012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Anhui Expressway Co Business Description

Other Exchanges 00995:Hong KongHU7:Germany
Address No. 520, West Wangjiang Road, Anhui, Hefei, CHN, 230088
Anhui Expressway Co Ltd is engaged in the investment, construction, operation, and management of toll roads within Anhui province. The company acquires operating expressway assets through various means such as investment and construction, acquisition, or cooperative operation. The company provides toll service for vehicles, collects vehicles' tolls according to the charging standard, maintains repairs, and carries out safety maintenance for the operating expressways. All of the company's external revenue is derived from customers based in Mainland China.
75GF Score

Get the complete analysis for SHSE:600012

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

¥16.96
Price
¥11.28
GF Value