Xiamen Tungsten Co (SHSE:600549) ROCE %: 27.38% (As of Mar. 2026)


SHSE:600549 Xiamen Tungsten Co Ltd SHSE:600549
77 GF Score
Price ¥83.86
GF Value ¥30.12
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Xiamen Tungsten Co ROCE %?

Xiamen Tungsten Co SHSE:600549 -0.76% 77 ROCE % is 27.38% as of Mar. 2026. GuruFocus rates SHSE:600549 with a GF Score™ of 77/100 and a GF Value™ of ¥30.12 (Significantly Overvalued). The stock has 5 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. Xiamen Tungsten Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 27.38%.

Xiamen Tungsten Co  (SHSE:600549) 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.

Xiamen Tungsten Co ROCE % Related Terms

Xiamen Tungsten Co ROCE % Historical Data

* Premium members only.

The historical data trend for Xiamen Tungsten 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.

Xiamen Tungsten Co ROCE % Chart

Xiamen Tungsten 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 15.27 14.21 12.83 11.72 13.98

Xiamen Tungsten 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 9.86 14.81 19.94 14.19 27.38
SHSE:600549
77GF Score
Xiamen Tungsten Co Ltd SHSE:600549
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Xiamen Tungsten Co ROCE % Calculation

Xiamen Tungsten 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 )
=4339.679/( ( (46200.765 - 14549.297) + (56067.293 - 25638.358) )/ 2 )
=4339.679/( (31651.468+30428.935)/ 2 )
=4339.679/31040.2015
=13.98 %

Xiamen Tungsten 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 )
=8594.776/( ( (56067.293 - 25638.358) + (63928.346 - 31586.239) )/ 2 )
=8594.776/( ( 30428.935 + 32342.107 )/ 2 )
=8594.776/31385.521
=27.38 %

(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 27.38% mean?
Xiamen Tungsten Co (SHSE:600549) has a ROCE % of 27.38% as of Mar. 2026.
Is Xiamen Tungsten Co's ROCE % too high?
Xiamen Tungsten Co's current ROCE % is 27.38%. Overall, Xiamen Tungsten 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 Xiamen Tungsten Co's ROCE % compare to competitors?
Xiamen Tungsten Co's ROCE % of 27.38% can be compared against companies in the Metals & Mining industry. 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 Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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. Xiamen Tungsten Co's current ROCE % is 27.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xiamen Tungsten Co stock overvalued right now?
Based on GuruFocus' analysis, Xiamen Tungsten Co (SHSE:600549) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥30.12, compared to a current price of ¥83.86 — trading 178.4% above its estimated fair value. The current ROCE % is 27.38%. Xiamen Tungsten Co's overall GF Score™ is 77/100 with 5 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 Xiamen Tungsten Co (SHSE:600549), the current ROCE % is 27.38% 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 Xiamen Tungsten Co (SHSE:600549) Overvalued in 2026?

Based on GuruFocus' analysis, Xiamen Tungsten Co stock appears to be overvalued. The current stock price of ¥83.86 is trading 178.4% above its estimated GF Value™ of ¥30.12. GuruFocus considers Xiamen Tungsten Co to be Significantly Overvalued.

Key valuation signals for SHSE:600549:

  • ROCE %: 27.38%
  • GF Value™: ¥30.12 vs. price of ¥83.86 (178.4% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600549 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Xiamen Tungsten Co Business Description

Address No. 81, Zhanhong Road, Floor 21-22, Tower A, Tefang Portman Fortune Center, Fujian Province, Xiamen, CHN, 361009
Xiamen Tungsten Co Ltd engages in the sale of tungsten, molybdenum, rare earth, and new energy materials in China. The company operates its businesses through four segments. The Tungsten, Molybdenum and Other Nonferrous Metal Products segment focuses on activities such as tungsten ore extraction, smelting, production of tungsten powder and wire, and processing of cemented carbide. The Rare Earth Business segment covers the extraction of rare earth minerals, their smelting and separation, and processing of rare earth-based products. The Battery Materials segment is involved in developing, producing, and marketing materials used in new energy batteries. The Real Estate & Supporting Management segment manages real estate development projects and provides related operational support services.
77GF Score

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

¥83.86
Price
¥30.12
GF Value