Shandong Hi-Speed Co (SHSE:600350) ROCE %: 5.94% (As of Mar. 2026)

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SHSE:600350 Shandong Hi-Speed Co Ltd SHSE:600350
77 GF Score
Price ¥11.27
GF Value ¥8.38
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Shandong Hi-Speed Co ROCE %?

Shandong Hi-Speed Co SHSE:600350 -1.57% 77 ROCE % is 5.94% as of Mar. 2026. GuruFocus rates SHSE:600350 with a GF Score™ of 77/100 and a GF Value™ of ¥8.38 (Significantly Overvalued). The stock has 12 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. Shandong Hi-Speed Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.94%.

Shandong Hi-Speed Co  (SHSE:600350) 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.

Shandong Hi-Speed Co ROCE % Related Terms

Shandong Hi-Speed Co ROCE % Historical Data

* Premium members only.

The historical data trend for Shandong Hi-Speed 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.

Shandong Hi-Speed Co ROCE % Chart

Shandong Hi-Speed 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 7.90 6.92 6.58 6.16 6.04

Shandong Hi-Speed 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 5.96 6.42 6.54 5.11 5.94
SHSE:600350
77GF Score
Shandong Hi-Speed Co Ltd SHSE:600350
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Hi-Speed Co ROCE % Calculation

Shandong Hi-Speed 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 )
=7461.794/( ( (161687.853 - 37239.81) + (163166.898 - 40576.938) )/ 2 )
=7461.794/( (124448.043+122589.96)/ 2 )
=7461.794/123519.0015
=6.04 %

Shandong Hi-Speed 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 )
=7377.632/( ( (163166.898 - 40576.938) + (164432.255 - 38771.289) )/ 2 )
=7377.632/( ( 122589.96 + 125660.966 )/ 2 )
=7377.632/124125.463
=5.94 %

(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 5.94% mean?
Shandong Hi-Speed Co (SHSE:600350) has a ROCE % of 5.94% as of Mar. 2026.
Is Shandong Hi-Speed Co's ROCE % too high?
Shandong Hi-Speed Co's current ROCE % is 5.94%. The Construction industry median ROCE % is 8.29. Shandong Hi-Speed Co's value of 5.94% is 28.3% below this industry median. Overall, Shandong Hi-Speed Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Hi-Speed Co's ROCE % compare to competitors?
Shandong Hi-Speed Co's ROCE % of 5.94% can be compared against companies in the Construction industry. The industry median ROCE % is 8.29. Shandong Hi-Speed Co's value of 5.94% is 28.3% 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 a Construction company?
The median ROCE % among Construction companies is 8.29, based on 1,755 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. Shandong Hi-Speed Co's current ROCE % of 5.94% is 28.3% 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 Construction industry, the median ROCE % is 8.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Hi-Speed Co's current ROCE % is 5.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Hi-Speed Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Hi-Speed Co (SHSE:600350) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.38, compared to a current price of ¥11.27 — trading 34.5% above its estimated fair value. The current ROCE % is 5.94% and 28.3% below the Construction industry median of 8.29. Shandong Hi-Speed Co's overall GF Score™ is 77/100 with 12 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 Shandong Hi-Speed Co (SHSE:600350), the current ROCE % is 5.94% 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 Shandong Hi-Speed Co (SHSE:600350) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Hi-Speed Co stock appears to be overvalued. The current stock price of ¥11.27 is trading 34.5% above its estimated GF Value™ of ¥8.38. GuruFocus considers Shandong Hi-Speed Co to be Significantly Overvalued.

Key valuation signals for SHSE:600350:

  • ROCE %: 5.94%
  • GF Value™: ¥8.38 vs. price of ¥11.27 (34.5% above fair value)
  • GF Score™: 77/100 with 12 warning signs
  • Industry Position: 28.3% below the Construction median

No single metric tells the full story. See the SHSE:600350 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shandong Hi-Speed Co Business Description

Address No. 5006, Aoti Middle Road, Shandong, Jinan, CHN, 250101
Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.
77GF Score

Get the complete analysis for SHSE:600350

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

¥11.27
Price
¥8.38
GF Value