Shandong Iron & Steel Co (SHSE:600022) ROCE %: -0.62% (As of Mar. 2026)

What is Shandong Iron & Steel Co ROCE %?

Shandong Iron & Steel Co SHSE:600022 50 ROCE % is -0.62% as of Mar. 2026. GuruFocus rates SHSE:600022 with a GF Score™ of 50/100 and a GF Value™ of ¥1.10 (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. Shandong Iron & Steel Co's annualized ROCE % for the quarter that ended in Mar. 2026 was -0.62%.

Shandong Iron & Steel Co (SHSE:600022) 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.

Shandong Iron & Steel Co ROCE % Related Terms

Shandong Iron & Steel Co ROCE % Historical Data

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The historical data trend for Shandong Iron & Steel 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.

Shandong Iron & Steel Co ROCE % Chart

Shandong Iron & Steel Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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12.17

5.20

0.98

-7.45

3.18

Shandong Iron & Steel 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															3.25	2.76	5.17	2.71	-0.62

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Shandong Iron & Steel Co Ltd SHSE:600022

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Shandong Iron & Steel Co ROCE % Calculation

Shandong Iron & Steel 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 )
	=	1162.345	/	( ( (83635.577 - 48225.334)	+	(81199.915 - 43512.3) )	/ 2 )
	=	1162.345	/	( (35410.243	+	37687.615)	/ 2 )
	=	1162.345	/	36548.929
	=	3.18 %

Shandong Iron & Steel 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 )
	=	-235.232	/	( ( (81199.915 - 43512.3)	+	(81698.03 - 43454.016) )	/ 2 )
	=	-235.232	/	( ( 37687.615	+	38244.014 )	/ 2 )
	=	-235.232	/	37965.8145
	=	-0.62 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -0.62% mean?

Shandong Iron & Steel Co (SHSE:600022) has a ROCE % of -0.62% as of Mar. 2026.

Is Shandong Iron & Steel Co's ROCE % too high?

Shandong Iron & Steel Co's current ROCE % is -0.62%. Overall, Shandong Iron & Steel Co has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Shandong Iron & Steel Co's ROCE % compare to NUE and STLD?

Shandong Iron & Steel Co's ROCE % of -0.62% can be compared against companies in the Steel industry. The industry median ROCE % is 5.52. 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 Steel company?

The median ROCE % among Steel companies is 5.52, based on 619 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 Steel industry, the median ROCE % is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Iron & Steel Co's current ROCE % is -0.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Shandong Iron & Steel Co stock overvalued right now?

Based on GuruFocus' analysis, Shandong Iron & Steel Co (SHSE:600022) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.10, compared to a current price of ¥1.27 — trading 15.5% above its estimated fair value. The current ROCE % is -0.62%. Shandong Iron & Steel Co's overall GF Score™ is 50/100 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 Shandong Iron & Steel Co (SHSE:600022), the current ROCE % is -0.62% 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 Shandong Iron & Steel Co (SHSE:600022) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Iron & Steel Co stock appears to be overvalued. The current stock price of ¥1.27 is trading 15.5% above its estimated GF Value™ of ¥1.10. GuruFocus considers Shandong Iron & Steel Co to be Modestly Overvalued.

Key valuation signals for SHSE:600022:

ROCE %: -0.62%
GF Value™: ¥1.10 vs. price of ¥1.27 (15.5% above fair value)
GF Score™: 50/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shandong Iron & Steel Co Business Description

Industry Basic Materials Steel

Comparable Companies SHSE:600058 SZSE:300855 SZSE:000778 SHSE:601005 SHSE:601969 SZSE:000898 SHSE:600507 SHSE:601003 SHSE:600808 SHSE:600307 NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010

Address No. 21, Gongye North Road, Licheng District, Shandong Province, Jinan, CHN, 250101

Website http://www.jigang.com.cn

Shandong Iron & Steel Co Ltd is a China-based company engaged in manufacturing and marketing steel materials. The company produces cold-formed steel, galvanized coil, composite board, hot rolled equal angle steel, hot-rolled channel steel and other products.

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¥1.27

Price

¥1.10

GF Value

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