Shenma Industry Co (SHSE:600810) ROCE %: 0.91% (As of Mar. 2026)

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SHSE:600810 Shenma Industry Co Ltd SHSE:600810
53 GF Score
Price ¥6.40
GF Value ¥9.31
Valuation Possible Value Trap
! 7 Warning Signs
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What is Shenma Industry Co ROCE %?

Shenma Industry Co SHSE:600810 +2.89% 53 ROCE % is 0.91% as of Mar. 2026. GuruFocus rates SHSE:600810 with a GF Score™ of 53/100 and a GF Value™ of ¥9.31 (Possible Value Trap). The stock has 7 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. Shenma Industry Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 0.91%.

Shenma Industry Co  (SHSE:600810) 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.

Shenma Industry Co ROCE % Related Terms

Shenma Industry Co ROCE % Historical Data

* Premium members only.

The historical data trend for Shenma Industry 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.

Shenma Industry Co ROCE % Chart

Shenma Industry 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 25.69 5.44 4.24 4.41 0.46

Shenma Industry 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 0.53 3.36 -1.72 -0.44 0.91
SHSE:600810
53GF Score
Shenma Industry Co Ltd SHSE:600810
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenma Industry Co ROCE % Calculation

Shenma Industry 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 )
=100.452/( ( (27998.25 - 5770.744) + (29561.093 - 8252.307) )/ 2 )
=100.452/( (22227.506+21308.786)/ 2 )
=100.452/21768.146
=0.46 %

Shenma Industry 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 )
=197.636/( ( (29561.093 - 8252.307) + (29983.496 - 7821.028) )/ 2 )
=197.636/( ( 21308.786 + 22162.468 )/ 2 )
=197.636/21735.627
=0.91 %

(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 0.91% mean?
Shenma Industry Co (SHSE:600810) has a ROCE % of 0.91% as of Mar. 2026.
Is Shenma Industry Co's ROCE % too high?
Shenma Industry Co's current ROCE % is 0.91%. The Chemicals industry median ROCE % is 6.54. Shenma Industry Co's value of 0.91% is 86.1% below this industry median. Overall, Shenma Industry Co has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shenma Industry Co's ROCE % compare to LIN and SHW?
Shenma Industry Co's ROCE % of 0.91% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.54. Shenma Industry Co's value of 0.91% is 86.1% 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 a Chemicals company?
The median ROCE % among Chemicals companies is 6.54, based on 1,589 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. Shenma Industry Co's current ROCE % of 0.91% is 86.1% 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 Chemicals industry, the median ROCE % is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenma Industry Co's current ROCE % is 0.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenma Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shenma Industry Co (SHSE:600810) is currently considered Possible Value Trap. The stock's GF Value™ is ¥9.31, compared to a current price of ¥6.40 — trading 31.3% below its estimated fair value. The current ROCE % is 0.91% and 86.1% below the Chemicals industry median of 6.54. Shenma Industry Co's overall GF Score™ is 53/100 with 7 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 Shenma Industry Co (SHSE:600810), the current ROCE % is 0.91% 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 Shenma Industry Co (SHSE:600810) Overvalued in 2026?

Based on GuruFocus' analysis, Shenma Industry Co stock appears to be undervalued. The current stock price of ¥6.40 is trading 31.3% below its estimated GF Value™ of ¥9.31. GuruFocus considers Shenma Industry Co to be Possible Value Trap.

Key valuation signals for SHSE:600810:

  • ROCE %: 0.91%
  • GF Value™: ¥9.31 vs. price of ¥6.40 (31.3% below fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 86.1% below the Chemicals median

No single metric tells the full story. See the SHSE:600810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shenma Industry Co Business Description

Address No. 63 Jianshe Road, Henan Province, Pingdingshan, CHN, 467000
Shenma Industry Co Ltd is engaged in production and distribution of Nylon 66 tyre cord fabric and other types of industrial yarn in China. Its products include dry adipic acid, cyclohexanol, cyclohexane, nylon 66 grey cloth, nylon 66 dipped type cord fabric, nylon 66 dipping tire bead cloth, nylon 66 dipping canvas, and nylon 66 industrial yarn.
53GF Score

Get the complete analysis for SHSE:600810

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

¥6.40
Price
¥9.31
GF Value