Shandong Pharmaceutical Glass Co (SHSE:600529) ROCE %: 11.31% (As of Mar. 2026)


SHSE:600529 Shandong Pharmaceutical Glass Co Ltd SHSE:600529
88 GF Score
Price ¥18.45
GF Value ¥23.98
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Shandong Pharmaceutical Glass Co ROCE %?

Shandong Pharmaceutical Glass Co SHSE:600529 +0.87% 88 ROCE % is 11.31% as of Mar. 2026. GuruFocus rates SHSE:600529 with a GF Score™ of 88/100 and a GF Value™ of ¥23.98 (Modestly Undervalued). 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. Shandong Pharmaceutical Glass Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.31%.

Shandong Pharmaceutical Glass Co  (SHSE:600529) 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 Pharmaceutical Glass Co ROCE % Related Terms

Shandong Pharmaceutical Glass Co ROCE % Historical Data

* Premium members only.

The historical data trend for Shandong Pharmaceutical Glass 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 Pharmaceutical Glass Co ROCE % Chart

Shandong Pharmaceutical Glass 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 15.17 12.01 12.47 14.12 10.03

Shandong Pharmaceutical Glass 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 12.94 8.39 9.99 8.75 11.31
SHSE:600529
88GF Score
Shandong Pharmaceutical Glass Co Ltd SHSE:600529
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Pharmaceutical Glass Co ROCE % Calculation

Shandong Pharmaceutical Glass 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 )
=831.342/( ( (10140.009 - 2000.567) + (10043.77 - 1601.2) )/ 2 )
=831.342/( (8139.442+8442.57)/ 2 )
=831.342/8291.006
=10.03 %

Shandong Pharmaceutical Glass 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 )
=959.744/( ( (10043.77 - 1601.2) + (10136.628 - 1611.973) )/ 2 )
=959.744/( ( 8442.57 + 8524.655 )/ 2 )
=959.744/8483.6125
=11.31 %

(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 11.31% mean?
Shandong Pharmaceutical Glass Co (SHSE:600529) has a ROCE % of 11.31% as of Mar. 2026.
Is Shandong Pharmaceutical Glass Co's ROCE % too high?
Shandong Pharmaceutical Glass Co's current ROCE % is 11.31%. The Packaging & Containers industry median ROCE % is 7.15. Shandong Pharmaceutical Glass Co's value of 11.31% is 58.2% above this industry median. Overall, Shandong Pharmaceutical Glass Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Pharmaceutical Glass Co's ROCE % compare to SW and PKG?
Shandong Pharmaceutical Glass Co's ROCE % of 11.31% can be compared against companies in the Packaging & Containers industry. The industry median ROCE % is 7.15. Shandong Pharmaceutical Glass Co's value of 11.31% is 58.2% 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 Packaging & Containers company?
The median ROCE % among Packaging & Containers companies is 7.15, based on 389 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 Pharmaceutical Glass Co's current ROCE % of 11.31% is 58.2% 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 Packaging & Containers industry, the median ROCE % is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Pharmaceutical Glass Co's current ROCE % is 11.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Pharmaceutical Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Pharmaceutical Glass Co (SHSE:600529) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.98, compared to a current price of ¥18.45 — trading 23.1% below its estimated fair value. The current ROCE % is 11.31% and 58.2% above the Packaging & Containers industry median of 7.15. Shandong Pharmaceutical Glass Co's overall GF Score™ is 88/100 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 Shandong Pharmaceutical Glass Co (SHSE:600529), the current ROCE % is 11.31% 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 Pharmaceutical Glass Co (SHSE:600529) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Pharmaceutical Glass Co stock appears to be undervalued. The current stock price of ¥18.45 is trading 23.1% below its estimated GF Value™ of ¥23.98. GuruFocus considers Shandong Pharmaceutical Glass Co to be Modestly Undervalued.

Key valuation signals for SHSE:600529:

  • ROCE %: 11.31%
  • GF Value™: ¥23.98 vs. price of ¥18.45 (23.1% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 58.2% above the Packaging & Containers median

No single metric tells the full story. See the SHSE:600529 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shandong Pharmaceutical Glass Co Business Description

Address Yaobo Road, Yiyuan County, Zibo, Shandong, CHN, 256100
Shandong Pharmaceutical Glass Co Ltd is a pharmaceutical glass packaging product company. Its pharmaceutical glass packaging products and butyl rubber series products which service object of pharmaceutical, food, daily necessities industries. The products include for moulded injection vial for antibiotics series, tubular glass vial series, amber glass bottle series, neutral borosilicate glass bottle series, infusion bottle series, cosmetic bottles series, food bottles series, butyl rubber stopper series, prefillable syringes series, and aluminum-plastic cap series.
88GF Score

Get the complete analysis for SHSE:600529

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

¥18.45
Price
¥23.98
GF Value