Ningbo Marine Co (SHSE:600798) ROCE %: -0.54% (As of Mar. 2026)

What is Ningbo Marine Co ROCE %?

Ningbo Marine Co SHSE:600798 -1.57% 62 ROCE % is -0.54% as of Mar. 2026. GuruFocus rates SHSE:600798 with a GF Score™ of 62/100 and a GF Value™ of ¥3.79 (Modestly Undervalued). 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. Ningbo Marine Co's annualized ROCE % for the quarter that ended in Mar. 2026 was -0.54%.

Ningbo Marine Co (SHSE:600798) 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.

Ningbo Marine Co ROCE % Related Terms

Ningbo Marine Co ROCE % Historical Data

* Premium members only.

The historical data trend for Ningbo Marine 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.

Ningbo Marine Co ROCE % Chart

Ningbo Marine Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

Get a 7-Day Free Trial

10.05

4.74

4.65

1.55

1.70

Ningbo Marine 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															-3.17	2.03	1.80	6.01	-0.54

62GF Score

Ningbo Marine Co Ltd SHSE:600798

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Ningbo Marine Co ROCE % Calculation

Ningbo Marine 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 )
	=	97.625	/	( ( (6322.713 - 524.077)	+	(6235.148 - 529.81) )	/ 2 )
	=	97.625	/	( (5798.636	+	5705.338)	/ 2 )
	=	97.625	/	5751.987
	=	1.70 %

Ningbo Marine 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 )
	=	-30.656	/	( ( (6235.148 - 529.81)	+	(6303.89 - 615.144) )	/ 2 )
	=	-30.656	/	( ( 5705.338	+	5688.746 )	/ 2 )
	=	-30.656	/	5697.042
	=	-0.54 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -0.54% mean?

Ningbo Marine Co (SHSE:600798) has a ROCE % of -0.54% as of Mar. 2026.

Is Ningbo Marine Co's ROCE % too high?

Ningbo Marine Co's current ROCE % is -0.54%. Overall, Ningbo Marine Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Ningbo Marine Co's ROCE % compare to competitors?

Ningbo Marine Co's ROCE % of -0.54% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. 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 Transportation company?

The median ROCE % among Transportation companies is 7.73, based on 989 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. 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 Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Marine Co's current ROCE % is -0.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ningbo Marine Co stock overvalued right now?

Based on GuruFocus' analysis, Ningbo Marine Co (SHSE:600798) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.79, compared to a current price of ¥3.13 — trading 17.4% below its estimated fair value. The current ROCE % is -0.54%. Ningbo Marine Co's overall GF Score™ is 62/100 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 Ningbo Marine Co (SHSE:600798), the current ROCE % is -0.54% 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 Ningbo Marine Co (SHSE:600798) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Marine Co stock appears to be undervalued. The current stock price of ¥3.13 is trading 17.4% below its estimated GF Value™ of ¥3.79. GuruFocus considers Ningbo Marine Co to be Modestly Undervalued.

Key valuation signals for SHSE:600798:

ROCE %: -0.54%
GF Value™: ¥3.79 vs. price of ¥3.13 (17.4% below fair value)
GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningbo Marine Co Business Description

Industry Industrials Transportation

Comparable Companies SZSE:000520 SZSE:002040 SHSE:603167 SHSE:603209 SHSE:600794 SZSE:002930 SHSE:600279 SZSE:000507 BJSE:920571 SHSE:601008 BOM:532921 OCSE:MAERSK B HKSE:01919 PHS:ICT XTER:HLAG SHSE:600018 TSE:9101 TPE:2603 ADX:ADNOCLS XKRX:011200

Address North-Bank Fortune Centre, Building 1, Jiangbei District, Zhejiang, Ningbo, CHN, 315020

Website http://www.nbmc.com.cn

Ningbo Marine Co Ltd is a China-based company mainly engaged in the transportation of goods on China's coastal Yangtze River, as well as international ocean shipping and investing in transportation infrastructure and transportation service facilities. Its activities include transportation service facilities; import and export of self-operated and agent goods and technologies, except for goods and technologies that are restricted or prohibited by the state; apply for training, examinations, provide related activities such as manning for domestic sailing ships, and others.

62GF Score

Get the complete analysis for SHSE:600798

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

¥3.13

Price

¥3.79

GF Value

View SHSE:600798 Analysis

See ROCE % data for all stocks →