Zhejiang Golden Eagle Co (SHSE:600232) ROCE %: 7.48% (As of Mar. 2026)


SHSE:600232 Zhejiang Golden Eagle Co Ltd SHSE:600232
71 GF Score
Price ¥6.61
GF Value ¥6.84
Valuation Fairly Valued
! 4 Warning Signs
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What is Zhejiang Golden Eagle Co ROCE %?

Zhejiang Golden Eagle Co SHSE:600232 -2.22% 71 ROCE % is 7.48% as of Mar. 2026. GuruFocus rates SHSE:600232 with a GF Score™ of 71/100 and a GF Value™ of ¥6.84 (Fairly Valued). The stock has 4 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. Zhejiang Golden Eagle Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.48%.

Zhejiang Golden Eagle Co  (SHSE:600232) 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.

Zhejiang Golden Eagle Co ROCE % Related Terms

Zhejiang Golden Eagle Co ROCE % Historical Data

* Premium members only.

The historical data trend for Zhejiang Golden Eagle 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.

Zhejiang Golden Eagle Co ROCE % Chart

Zhejiang Golden Eagle 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 6.07 6.45 5.82 4.48 4.53

Zhejiang Golden Eagle 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 -0.58 -0.86 9.47 10.06 7.48
SHSE:600232
71GF Score
Zhejiang Golden Eagle Co Ltd SHSE:600232
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Golden Eagle Co ROCE % Calculation

Zhejiang Golden Eagle 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 )
=48.805/( ( (1806.524 - 723.233) + (2001.942 - 928.493) )/ 2 )
=48.805/( (1083.291+1073.449)/ 2 )
=48.805/1078.37
=4.53 %

Zhejiang Golden Eagle 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 )
=80.792/( ( (2001.942 - 928.493) + (1988.602 - 902.11) )/ 2 )
=80.792/( ( 1073.449 + 1086.492 )/ 2 )
=80.792/1079.9705
=7.48 %

(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 7.48% mean?
Zhejiang Golden Eagle Co (SHSE:600232) has a ROCE % of 7.48% as of Mar. 2026.
Is Zhejiang Golden Eagle Co's ROCE % too high?
Zhejiang Golden Eagle Co's current ROCE % is 7.48%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.14. Zhejiang Golden Eagle Co's value of 7.48% is 21.8% above this industry median. Overall, Zhejiang Golden Eagle Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Golden Eagle Co's ROCE % compare to competitors?
Zhejiang Golden Eagle Co's ROCE % of 7.48% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. Zhejiang Golden Eagle Co's value of 7.48% is 21.8% 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,040 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. Zhejiang Golden Eagle Co's current ROCE % of 7.48% is 21.8% 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Golden Eagle Co's current ROCE % is 7.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Golden Eagle Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Golden Eagle Co (SHSE:600232) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.84, compared to a current price of ¥6.61 — trading 3.4% below its estimated fair value. The current ROCE % is 7.48% and 21.8% above the Manufacturing - Apparel & Accessories industry median of 6.14. Zhejiang Golden Eagle Co's overall GF Score™ is 71/100 with 4 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 Zhejiang Golden Eagle Co (SHSE:600232), the current ROCE % is 7.48% 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 Zhejiang Golden Eagle Co (SHSE:600232) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Golden Eagle Co stock appears to be undervalued. The current stock price of ¥6.61 is trading 3.4% below its estimated GF Value™ of ¥6.84. GuruFocus considers Zhejiang Golden Eagle Co to be Fairly Valued.

Key valuation signals for SHSE:600232:

  • ROCE %: 7.48%
  • GF Value™: ¥6.84 vs. price of ¥6.61 (3.4% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 21.8% above the Manufacturing - Apparel & Accessories median

No single metric tells the full story. See the SHSE:600232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Golden Eagle Co Business Description

Address Xiaosha Town, Dinghai District, Zhejiang Province, Zhoushan, CHN, 316051
Zhejiang Golden Eagle Co Ltd is a Chinese company engaged in silk spinning, flax spinning, dyeing, and textile production. The company also manufactures textile equipment. The company generates the majority of its revenue from the Textile manufacturing business. The company also generates a small portion of revenue from the Battery material business.
71GF Score

Get the complete analysis for SHSE:600232

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

¥6.61
Price
¥6.84
GF Value