Fujian Expressway Development Co (SHSE:600033) ROCE %: 9.65% (As of Mar. 2026)


SHSE:600033 Fujian Expressway Development Co Ltd SHSE:600033
66 GF Score
Price ¥3.43
GF Value ¥3.64
Valuation Fairly Valued
! 1 Warning Sign
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What is Fujian Expressway Development Co ROCE %?

Fujian Expressway Development Co SHSE:600033 +1.48% 66 ROCE % is 9.65% as of Mar. 2026. GuruFocus rates SHSE:600033 with a GF Score™ of 66/100 and a GF Value™ of ¥3.64 (Fairly Valued). The stock has 1 warning sign 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. Fujian Expressway Development Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.65%.

Fujian Expressway Development Co  (SHSE:600033) 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.

Fujian Expressway Development Co ROCE % Related Terms

Fujian Expressway Development Co ROCE % Historical Data

* Premium members only.

The historical data trend for Fujian Expressway Development 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.

Fujian Expressway Development Co ROCE % Chart

Fujian Expressway Development 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 10.37 9.98 10.42 9.42 9.92

Fujian Expressway Development 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 10.72 11.67 11.35 5.89 9.65
SHSE:600033
66GF Score
Fujian Expressway Development Co Ltd SHSE:600033
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujian Expressway Development Co ROCE % Calculation

Fujian Expressway Development 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 )
=1612.69/( ( (17288.268 - 1675.186) + (17826.294 - 918.733) )/ 2 )
=1612.69/( (15613.082+16907.561)/ 2 )
=1612.69/16260.3215
=9.92 %

Fujian Expressway Development 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 )
=1641.496/( ( (17826.294 - 918.733) + (17907.492 - 805.715) )/ 2 )
=1641.496/( ( 16907.561 + 17101.777 )/ 2 )
=1641.496/17004.669
=9.65 %

(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 9.65% mean?
Fujian Expressway Development Co (SHSE:600033) has a ROCE % of 9.65% as of Mar. 2026.
Is Fujian Expressway Development Co's ROCE % too high?
Fujian Expressway Development Co's current ROCE % is 9.65%. The Construction industry median ROCE % is 8.20. Fujian Expressway Development Co's value of 9.65% is 17.7% above this industry median. Overall, Fujian Expressway Development Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fujian Expressway Development Co's ROCE % compare to competitors?
Fujian Expressway Development Co's ROCE % of 9.65% can be compared against companies in the Construction industry. The industry median ROCE % is 8.20. Fujian Expressway Development Co's value of 9.65% is 17.7% 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 8.20, based on 1,749 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. Fujian Expressway Development Co's current ROCE % of 9.65% is 17.7% 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 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Expressway Development Co's current ROCE % is 9.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Expressway Development Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Expressway Development Co (SHSE:600033) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.64, compared to a current price of ¥3.43 — trading 5.8% below its estimated fair value. The current ROCE % is 9.65% and 17.7% above the Construction industry median of 8.20. Fujian Expressway Development Co's overall GF Score™ is 66/100 with 1 warning sign 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 Fujian Expressway Development Co (SHSE:600033), the current ROCE % is 9.65% 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 Fujian Expressway Development Co (SHSE:600033) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Expressway Development Co stock appears to be undervalued. The current stock price of ¥3.43 is trading 5.8% below its estimated GF Value™ of ¥3.64. GuruFocus considers Fujian Expressway Development Co to be Fairly Valued.

Key valuation signals for SHSE:600033:

  • ROCE %: 9.65%
  • GF Value™: ¥3.64 vs. price of ¥3.43 (5.8% below fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 17.7% above the Construction median

No single metric tells the full story. See the SHSE:600033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fujian Expressway Development Co Business Description

Address 18 Dongshui Road, 26th Floor, Fujian Transportation Complex, Fuzhou, CHN, 350001
Fujian Expressway Development Co Ltd is a China-based company involved in the investment, construction, operation of Highways. It is also involved in equipment leasing, consulting services; industrial production materials, department stores, building materials, and hardware businesses.
66GF Score

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

¥3.43
Price
¥3.64
GF Value