Yutong Bus Co (SHSE:600066) ROCE %: 13.20% (As of Mar. 2026)


SHSE:600066 Yutong Bus Co Ltd SHSE:600066
95 GF Score
Price ¥26.80
GF Value ¥30.65
Valuation Modestly Undervalued
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What is Yutong Bus Co ROCE %?

Yutong Bus Co SHSE:600066 +0.87% 95 ROCE % is 13.20% as of Mar. 2026. GuruFocus rates SHSE:600066 with a GF Score™ of 95/100 and a GF Value™ of ¥30.65 (Modestly Undervalued).

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. Yutong Bus Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 13.20%.

Yutong Bus Co  (SHSE:600066) 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.

Yutong Bus Co ROCE % Related Terms

Yutong Bus Co ROCE % Historical Data

* Premium members only.

The historical data trend for Yutong Bus 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.

Yutong Bus Co ROCE % Chart

Yutong Bus 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 2.99 3.97 12.03 27.12 29.63

Yutong Bus 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 19.10 29.79 35.35 38.36 13.20
SHSE:600066
95GF Score
Yutong Bus Co Ltd SHSE:600066
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Yutong Bus Co ROCE % Calculation

Yutong Bus 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 )
=5772.85/( ( (32150.894 - 14489.219) + (32990.246 - 11688.482) )/ 2 )
=5772.85/( (17661.675+21301.764)/ 2 )
=5772.85/19481.7195
=29.63 %

Yutong Bus 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 )
=2864.264/( ( (32990.246 - 11688.482) + (33849.053 - 11744.725) )/ 2 )
=2864.264/( ( 21301.764 + 22104.328 )/ 2 )
=2864.264/21703.046
=13.20 %

(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 13.20% mean?
Yutong Bus Co (SHSE:600066) has a ROCE % of 13.20% as of Mar. 2026.
Is Yutong Bus Co's ROCE % too high?
Yutong Bus Co's current ROCE % is 13.20%. The Farm & Heavy Construction Machinery industry median ROCE % is 9.18. Yutong Bus Co's value of 13.20% is 43.8% above this industry median. Overall, Yutong Bus Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yutong Bus Co's ROCE % compare to CAT and DE?
Yutong Bus Co's ROCE % of 13.20% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median ROCE % is 9.18. Yutong Bus Co's value of 13.20% is 43.8% 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 Farm & Heavy Construction Machinery company?
The median ROCE % among Farm & Heavy Construction Machinery companies is 9.18, based on 205 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. Yutong Bus Co's current ROCE % of 13.20% is 43.8% 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 Farm & Heavy Construction Machinery industry, the median ROCE % is 9.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yutong Bus Co's current ROCE % is 13.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yutong Bus Co stock overvalued right now?
Based on GuruFocus' analysis, Yutong Bus Co (SHSE:600066) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥30.65, compared to a current price of ¥26.80 — trading 12.6% below its estimated fair value. The current ROCE % is 13.20% and 43.8% above the Farm & Heavy Construction Machinery industry median of 9.18. Yutong Bus Co's overall GF Score™ is 95/100. 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 Yutong Bus Co (SHSE:600066), the current ROCE % is 13.20% 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 Yutong Bus Co (SHSE:600066) Overvalued in 2026?

Based on GuruFocus' analysis, Yutong Bus Co stock appears to be undervalued. The current stock price of ¥26.80 is trading 12.6% below its estimated GF Value™ of ¥30.65. GuruFocus considers Yutong Bus Co to be Modestly Undervalued.

Key valuation signals for SHSE:600066:

  • ROCE %: 13.20%
  • GF Value™: ¥30.65 vs. price of ¥26.80 (12.6% below fair value)
  • GF Score™: 95/100
  • Industry Position: 43.8% above the Farm & Heavy Construction Machinery median

No single metric tells the full story. See the SHSE:600066 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Yutong Bus Co Business Description

Address No. 6, Yutong Road, Guancheng Hui District, Henan Province, Zhengzhou, CHN, 450061
Yutong Bus Co Ltd engages in the manufacture and sale of buses and related products. The company operates its business through four main segments. The Bus Manufacturing segment focuses on producing and selling large, medium, and light buses, which include passenger buses, city buses, school buses, and various types of new energy vehicles such as pure electric, plug-in hybrid, and fuel cell models. The Foreign Trade segment handles both domestic and international sales and distribution of buses and new energy vehicles. The Passenger Transportation segment covers services such as group rentals, short-distance and highway travel, tourism transport, bus operations, employee commuting, and school transportation. The Other segment is responsible for providing after-sales support and services.
95GF Score

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

¥26.80
Price
¥30.65
GF Value