Jinbei Automotive Co (SHSE:600609) ROCE %: 18.67% (As of Mar. 2026)

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SHSE:600609 Jinbei Automotive Co Ltd SHSE:600609
55 GF Score
Price ¥3.18
GF Value ¥4.46
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Jinbei Automotive Co ROCE %?

Jinbei Automotive Co SHSE:600609 -0.31% 55 ROCE % is 18.67% as of Mar. 2026. GuruFocus rates SHSE:600609 with a GF Score™ of 55/100 and a GF Value™ of ¥4.46 (Modestly Undervalued). The stock has 2 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. Jinbei Automotive Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 18.67%.

Jinbei Automotive Co  (SHSE:600609) 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.

Jinbei Automotive Co ROCE % Related Terms

Jinbei Automotive Co ROCE % Historical Data

* Premium members only.

The historical data trend for Jinbei Automotive 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.

Jinbei Automotive Co ROCE % Chart

Jinbei Automotive 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 26.41 26.62 22.04 35.54 22.90

Jinbei Automotive 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 27.21 6.35 17.49 41.71 18.67
SHSE:600609
55GF Score
Jinbei Automotive Co Ltd SHSE:600609
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jinbei Automotive Co ROCE % Calculation

Jinbei Automotive 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 )
=468.642/( ( (3643.265 - 1857.774) + (4392.354 - 2084.99) )/ 2 )
=468.642/( (1785.491+2307.364)/ 2 )
=468.642/2046.4275
=22.90 %

Jinbei Automotive 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 )
=439.568/( ( (4392.354 - 2084.99) + (4351.585 - 1949.177) )/ 2 )
=439.568/( ( 2307.364 + 2402.408 )/ 2 )
=439.568/2354.886
=18.67 %

(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 18.67% mean?
Jinbei Automotive Co (SHSE:600609) has a ROCE % of 18.67% as of Mar. 2026.
Is Jinbei Automotive Co's ROCE % too high?
Jinbei Automotive Co's current ROCE % is 18.67%. The Vehicles & Parts industry median ROCE % is 7.96. Jinbei Automotive Co's value of 18.67% is 134.5% above this industry median. Overall, Jinbei Automotive Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jinbei Automotive Co's ROCE % compare to ORLY and AZO?
Jinbei Automotive Co's ROCE % of 18.67% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.96. Jinbei Automotive Co's value of 18.67% is 134.5% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.96, based on 1,316 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. Jinbei Automotive Co's current ROCE % of 18.67% is 134.5% 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 Vehicles & Parts industry, the median ROCE % is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinbei Automotive Co's current ROCE % is 18.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinbei Automotive Co stock overvalued right now?
Based on GuruFocus' analysis, Jinbei Automotive Co (SHSE:600609) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.46, compared to a current price of ¥3.18 — trading 28.7% below its estimated fair value. The current ROCE % is 18.67% and 134.5% above the Vehicles & Parts industry median of 7.96. Jinbei Automotive Co's overall GF Score™ is 55/100 with 2 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 Jinbei Automotive Co (SHSE:600609), the current ROCE % is 18.67% 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 Jinbei Automotive Co (SHSE:600609) Overvalued in 2026?

Based on GuruFocus' analysis, Jinbei Automotive Co stock appears to be undervalued. The current stock price of ¥3.18 is trading 28.7% below its estimated GF Value™ of ¥4.46. GuruFocus considers Jinbei Automotive Co to be Modestly Undervalued.

Key valuation signals for SHSE:600609:

  • ROCE %: 18.67%
  • GF Value™: ¥4.46 vs. price of ¥3.18 (28.7% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 134.5% above the Vehicles & Parts median

No single metric tells the full story. See the SHSE:600609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jinbei Automotive Co Business Description

Address No. 38, Wanliutang Road, Shenhe District, Liaoning Province, Shenyang, CHN, 110015
Jinbei Automotive Co Ltd is engaged in the design, production, and sale of automotive parts. Its business scope includes automobile and automotive parts manufacturing, the development of automobile-related technologies, technical consulting services, technology transfer activities, industrial investment, and intellectual property-related services.
55GF Score

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

¥3.18
Price
¥4.46
GF Value