Hunan Corun New Energy Co (SHSE:600478) ROCE %: 6.92% (As of Mar. 2026)


SHSE:600478 Hunan Corun New Energy Co Ltd SHSE:600478
61 GF Score
Price ¥4.98
GF Value ¥6.77
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hunan Corun New Energy Co ROCE %?

Hunan Corun New Energy Co SHSE:600478 -1.58% 61 ROCE % is 6.92% as of Mar. 2026. GuruFocus rates SHSE:600478 with a GF Score™ of 61/100 and a GF Value™ of ¥6.77 (Modestly Undervalued). The stock has 6 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. Hunan Corun New Energy Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.92%.

Hunan Corun New Energy Co  (SHSE:600478) 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.

Hunan Corun New Energy Co ROCE % Related Terms

Hunan Corun New Energy Co ROCE % Historical Data

* Premium members only.

The historical data trend for Hunan Corun New Energy 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.

Hunan Corun New Energy Co ROCE % Chart

Hunan Corun New Energy 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 3.26 7.51 -0.42 4.10 6.19

Hunan Corun New Energy 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 5.16 3.42 9.68 6.07 6.92
SHSE:600478
61GF Score
Hunan Corun New Energy Co Ltd SHSE:600478
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hunan Corun New Energy Co ROCE % Calculation

Hunan Corun New Energy 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 )
=286.675/( ( (8930.472 - 4183.419) + (11204.672 - 6687.652) )/ 2 )
=286.675/( (4747.053+4517.02)/ 2 )
=286.675/4632.0365
=6.19 %

Hunan Corun New Energy 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 )
=321.932/( ( (11204.672 - 6687.652) + (11971.345 - 7189.773) )/ 2 )
=321.932/( ( 4517.02 + 4781.572 )/ 2 )
=321.932/4649.296
=6.92 %

(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 6.92% mean?
Hunan Corun New Energy Co (SHSE:600478) has a ROCE % of 6.92% as of Mar. 2026.
Is Hunan Corun New Energy Co's ROCE % too high?
Hunan Corun New Energy Co's current ROCE % is 6.92%. The Industrial Products industry median ROCE % is 7.08. Hunan Corun New Energy Co's value of 6.92% is 2.3% below this industry median. Overall, Hunan Corun New Energy Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hunan Corun New Energy Co's ROCE % compare to VRT and BE?
Hunan Corun New Energy Co's ROCE % of 6.92% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.08. Hunan Corun New Energy Co's value of 6.92% is 2.3% 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 Industrial Products company?
The median ROCE % among Industrial Products companies is 7.08, based on 3,026 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. Hunan Corun New Energy Co's current ROCE % of 6.92% is 2.3% 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 Industrial Products industry, the median ROCE % is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hunan Corun New Energy Co's current ROCE % is 6.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunan Corun New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Hunan Corun New Energy Co (SHSE:600478) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.77, compared to a current price of ¥4.98 — trading 26.4% below its estimated fair value. The current ROCE % is 6.92% and 2.3% below the Industrial Products industry median of 7.08. Hunan Corun New Energy Co's overall GF Score™ is 61/100 with 6 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 Hunan Corun New Energy Co (SHSE:600478), the current ROCE % is 6.92% 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 Hunan Corun New Energy Co (SHSE:600478) Overvalued in 2026?

Based on GuruFocus' analysis, Hunan Corun New Energy Co stock appears to be undervalued. The current stock price of ¥4.98 is trading 26.4% below its estimated GF Value™ of ¥6.77. GuruFocus considers Hunan Corun New Energy Co to be Modestly Undervalued.

Key valuation signals for SHSE:600478:

  • ROCE %: 6.92%
  • GF Value™: ¥6.77 vs. price of ¥4.98 (26.4% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 2.3% below the Industrial Products median

No single metric tells the full story. See the SHSE:600478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hunan Corun New Energy Co Business Description

Address 348W Tongzipo Road, National High-Tech Industrial Development Zone, Changsha, Hunan, CHN, 410205
Hunan Corun New Energy Co Ltd is a China-based company engaged in the manufacture and sale of energy storage materials, batteries, electric vehicle battery power pack and its extension products. Its key products include nickel products, power batteries, consumer batteries, and hybrid power assembly systems.
61GF Score

Get the complete analysis for SHSE:600478

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

¥4.98
Price
¥6.77
GF Value