Shanghai Material Trading Co (SHSE:600822) ROCE %: 2.52% (As of Mar. 2026)


SHSE:600822 Shanghai Material Trading Co Ltd SHSE:600822
55 GF Score
Price ¥8.03
GF Value ¥5.90
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Shanghai Material Trading Co ROCE %?

Shanghai Material Trading Co SHSE:600822 +2.16% 55 ROCE % is 2.52% as of Mar. 2026. GuruFocus rates SHSE:600822 with a GF Score™ of 55/100 and a GF Value™ of ¥5.90 (Significantly Overvalued). The stock has 1 warning sign 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. Shanghai Material Trading Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.52%.

Shanghai Material Trading Co  (SHSE:600822) 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.

Shanghai Material Trading Co ROCE % Related Terms

Shanghai Material Trading Co ROCE % Historical Data

* Premium members only.

The historical data trend for Shanghai Material Trading 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.

Shanghai Material Trading Co ROCE % Chart

Shanghai Material Trading 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 17.44 5.80 15.61 4.42 3.72

Shanghai Material Trading 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 2.51 3.37 2.68 6.02 2.52
SHSE:600822
55GF Score
Shanghai Material Trading Co Ltd SHSE:600822
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Material Trading Co ROCE % Calculation

Shanghai Material Trading 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 )
=51.616/( ( (2033.024 - 605.227) + (1694.402 - 345.945) )/ 2 )
=51.616/( (1427.797+1348.457)/ 2 )
=51.616/1388.127
=3.72 %

Shanghai Material Trading 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 )
=34.004/( ( (1694.402 - 345.945) + (1721.59 - 366.449) )/ 2 )
=34.004/( ( 1348.457 + 1355.141 )/ 2 )
=34.004/1351.799
=2.52 %

(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 2.52% mean?
Shanghai Material Trading Co (SHSE:600822) has a ROCE % of 2.52% as of Mar. 2026.
Is Shanghai Material Trading Co's ROCE % too high?
Shanghai Material Trading Co's current ROCE % is 2.52%. The Conglomerates industry median ROCE % is 6.94. Shanghai Material Trading Co's value of 2.52% is 63.7% below this industry median. Overall, Shanghai Material Trading Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Material Trading Co's ROCE % compare to HON and MMM?
Shanghai Material Trading Co's ROCE % of 2.52% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 6.94. Shanghai Material Trading Co's value of 2.52% is 63.7% 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 Conglomerates company?
The median ROCE % among Conglomerates companies is 6.94, based on 558 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. Shanghai Material Trading Co's current ROCE % of 2.52% is 63.7% 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 Conglomerates industry, the median ROCE % is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Material Trading Co's current ROCE % is 2.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Material Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Material Trading Co (SHSE:600822) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.90, compared to a current price of ¥8.03 — trading 36.1% above its estimated fair value. The current ROCE % is 2.52% and 63.7% below the Conglomerates industry median of 6.94. Shanghai Material Trading Co's overall GF Score™ is 55/100 with 1 warning sign 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 Shanghai Material Trading Co (SHSE:600822), the current ROCE % is 2.52% 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 Shanghai Material Trading Co (SHSE:600822) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Material Trading Co stock appears to be overvalued. The current stock price of ¥8.03 is trading 36.1% above its estimated GF Value™ of ¥5.90. GuruFocus considers Shanghai Material Trading Co to be Significantly Overvalued.

Key valuation signals for SHSE:600822:

  • ROCE %: 2.52%
  • GF Value™: ¥5.90 vs. price of ¥8.03 (36.1% above fair value)
  • GF Score™: 55/100 with 1 warning sign
  • Industry Position: 63.7% below the Conglomerates median

No single metric tells the full story. See the SHSE:600822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanghai Material Trading Co Business Description

Other Exchanges 900927:China
Address No. 325 South Suzhou Road, 4th Floor, Shanghai, Shanghai, CHN, 200002
Shanghai Material Trading Co Ltd is principally engaged in the trading of metal, oil products and automobiles. The company operates its businesses in domestic and overseas markets. Its scopr of business include metal materials, mineral products, light chemical raw materials, building materials, wood, automobiles and accessories, mechanical and electrical equipment, fuel, hardware and electricity, textile Import and export trade business; warehousing, information consulting and technical services.
55GF Score

Get the complete analysis for SHSE:600822

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

¥8.03
Price
¥5.90
GF Value