Kexin Development Co Shanxi (SHSE:600234) ROCE %: 0.19% (As of Mar. 2026)

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SHSE:600234 Kexin Development Co Ltd Shanxi SHSE:600234
46 GF Score
Price ¥18.11
GF Value ¥17.72
Valuation Fairly Valued
! 3 Warning Signs
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What is Kexin Development Co Shanxi ROCE %?

Kexin Development Co Shanxi SHSE:600234 -1.79% 46 ROCE % is 0.19% as of Mar. 2026. GuruFocus rates SHSE:600234 with a GF Score™ of 46/100 and a GF Value™ of ¥17.72 (Fairly Valued). The stock has 3 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. Kexin Development Co Shanxi's annualized ROCE % for the quarter that ended in Mar. 2026 was 0.19%.

Kexin Development Co Shanxi  (SHSE:600234) 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.

Kexin Development Co Shanxi ROCE % Related Terms

Kexin Development Co Shanxi ROCE % Historical Data

* Premium members only.

The historical data trend for Kexin Development Co Shanxi'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.

Kexin Development Co Shanxi ROCE % Chart

Kexin Development Co Shanxi 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 5.85 -2.36 -27.73 7.94 -3.48

Kexin Development Co Shanxi 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 1.34 15.17 6.16 -36.34 0.19
SHSE:600234
46GF Score
Kexin Development Co Ltd Shanxi SHSE:600234
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kexin Development Co Shanxi ROCE % Calculation

Kexin Development Co Shanxi'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 )
=-20.139/( ( (870.921 - 286.207) + (802.229 - 229.594) )/ 2 )
=-20.139/( (584.714+572.635)/ 2 )
=-20.139/578.6745
=-3.48 %

Kexin Development Co Shanxi'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 )
=1.372/( ( (802.229 - 229.594) + (1110.126 - 258.651) )/ 2 )
=1.372/( ( 572.635 + 851.475 )/ 2 )
=1.372/712.055
=0.19 %

(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 0.19% mean?
Kexin Development Co Shanxi (SHSE:600234) has a ROCE % of 0.19% as of Mar. 2026.
Is Kexin Development Co Shanxi's ROCE % too high?
Kexin Development Co Shanxi's current ROCE % is 0.19%. The Media - Diversified industry median ROCE % is 3.10. Kexin Development Co Shanxi's value of 0.19% is 93.9% below this industry median. Overall, Kexin Development Co Shanxi has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kexin Development Co Shanxi's ROCE % compare to APP and OMC?
Kexin Development Co Shanxi's ROCE % of 0.19% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.10. Kexin Development Co Shanxi's value of 0.19% is 93.9% 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 a Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.10, based on 978 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. Kexin Development Co Shanxi's current ROCE % of 0.19% is 93.9% 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 Media - Diversified industry, the median ROCE % is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kexin Development Co Shanxi's current ROCE % is 0.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kexin Development Co Shanxi stock overvalued right now?
Based on GuruFocus' analysis, Kexin Development Co Shanxi (SHSE:600234) is currently considered Fairly Valued. The stock's GF Value™ is ¥17.72, compared to a current price of ¥18.11 — trading 2.2% above its estimated fair value. The current ROCE % is 0.19% and 93.9% below the Media - Diversified industry median of 3.10. Kexin Development Co Shanxi's overall GF Score™ is 46/100 with 3 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 Kexin Development Co Shanxi (SHSE:600234), the current ROCE % is 0.19% 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 Kexin Development Co Shanxi (SHSE:600234) Overvalued in 2026?

Based on GuruFocus' analysis, Kexin Development Co Shanxi stock appears to be overvalued. The current stock price of ¥18.11 is trading 2.2% above its estimated GF Value™ of ¥17.72. GuruFocus considers Kexin Development Co Shanxi to be Fairly Valued.

Key valuation signals for SHSE:600234:

  • ROCE %: 0.19%
  • GF Value™: ¥17.72 vs. price of ¥18.11 (2.2% above fair value)
  • GF Score™: 46/100 with 3 warning signs
  • Industry Position: 93.9% below the Media - Diversified median

No single metric tells the full story. See the SHSE:600234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kexin Development Co Shanxi Business Description

Address No. 289 Yingze Street, Shanxi Province, Taiyuan, CHN, 030001
Kexin Development Co Ltd Shanxi is engaged in cultural event planning; cultural communication planning; corporate image planning; investment in theme parks and tourism cultural projects, cultural performance projects, cinema lines, book publishing publications with own funds; painting and calligraphy art creation and display.
46GF Score

Get the complete analysis for SHSE:600234

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

¥18.11
Price
¥17.72
GF Value