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Chongqing Three Gorges Water Conservancy And Electric Power Co (SHSE:600116) 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.
Chongqing Three Gorges Water Conservancy And Electric Power Co ROCE % Related Terms
Chongqing Three Gorges Water Conservancy And Electric Power Co ROCE % Historical 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.
Chongqing Three Gorges Water Conservancy And Electric Power Co ROCE % Chart
Chongqing Three Gorges Water Conservancy And Electric Power Co Annual Data
(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.
Chongqing Three Gorges Water Conservancy And Electric Power Co (SHSE:600116) has a ROCE % of 2.38% as of Mar. 2026.
Is Chongqing Three Gorges Water Conservancy And Electric Power Co's ROCE % too high?
Chongqing Three Gorges Water Conservancy And Electric Power Co's current ROCE % is 2.38%. The Utilities - Independent Power Producers industry median ROCE % is 4.60. Chongqing Three Gorges Water Conservancy And Electric Power Co's value of 2.38% is 48.3% below this industry median. Overall, Chongqing Three Gorges Water Conservancy And Electric Power Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Three Gorges Water Conservancy And Electric Power Co's ROCE % compare to competitors?
Chongqing Three Gorges Water Conservancy And Electric Power Co's ROCE % of 2.38% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.60. Chongqing Three Gorges Water Conservancy And Electric Power Co's value of 2.38% is 48.3% below 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 - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.60, based on 438 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. Chongqing Three Gorges Water Conservancy And Electric Power Co's current ROCE % of 2.38% is 48.3% below 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 - Independent Power Producers industry, the median ROCE % is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Three Gorges Water Conservancy And Electric Power Co's current ROCE % is 2.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Three Gorges Water Conservancy And Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Three Gorges Water Conservancy And Electric Power Co (SHSE:600116) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.61, compared to a current price of ¥5.80 — trading 23.8% below its estimated fair value. The current ROCE % is 2.38% and 48.3% below the Utilities - Independent Power Producers industry median of 4.60. Chongqing Three Gorges Water Conservancy And Electric Power 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 Chongqing Three Gorges Water Conservancy And Electric Power Co (SHSE:600116), the current ROCE % is 2.38% 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 Chongqing Three Gorges Water Conservancy And Electric Power Co (SHSE:600116) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Three Gorges Water Conservancy And Electric Power Co stock appears to be undervalued.
The current stock price of ¥5.80 is trading 23.8% below its estimated GF Value™ of ¥7.61.
GuruFocus considers Chongqing Three Gorges Water Conservancy And Electric Power Co to be Modestly Undervalued.
Key valuation signals for SHSE:600116:
ROCE %: 2.38%
GF Value™: ¥7.61 vs. price of ¥5.80 (23.8% below fair value)
Industry Position: 48.3% below the Utilities - Independent Power Producers median
No single metric tells the full story. See the SHSE:600116 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Three Gorges Water Conservancy And Electric Power Co Business Description
Chongqing Three Gorges Water Conservancy And Electric Power Co Ltd is a China-based company engaged in generating and distributing of hydroelectric power. The company also manufactures water conservation products as well as provides installation and advertising services.
75GF Score
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