Shanghai Mechanical & Electrical Industry Co (SHSE:600835) ROCE %: 7.85% (As of Mar. 2026)


SHSE:600835 Shanghai Mechanical & Electrical Industry Co Ltd SHSE:600835
63 GF Score
Price ¥21.00
GF Value ¥16.48
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Shanghai Mechanical & Electrical Industry Co ROCE %?

Shanghai Mechanical & Electrical Industry Co SHSE:600835 +1.94% 63 ROCE % is 7.85% as of Mar. 2026. GuruFocus rates SHSE:600835 with a GF Score™ of 63/100 and a GF Value™ of ¥16.48 (Modestly 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. Shanghai Mechanical & Electrical Industry Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.85%.


Shanghai Mechanical & Electrical Industry Co  (SHSE:600835) 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 Mechanical & Electrical Industry Co ROCE % Related Terms


Shanghai Mechanical & Electrical Industry Co ROCE % Historical Data

* Premium members only.

The historical data trend for Shanghai Mechanical & Electrical 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.

Shanghai Mechanical & Electrical Industry Co ROCE % Chart

Shanghai Mechanical & Electrical 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 8.66 10.77 10.56 8.97 7.73

Shanghai Mechanical & Electrical 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 8.64 7.84 8.74 5.67 7.85
SHSE:600835
63GF Score
Shanghai Mechanical & Electrical Industry Co Ltd SHSE:600835
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Mechanical & Electrical Industry Co ROCE % Calculation

Shanghai Mechanical & Electrical 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 )
=1311.681/( ( (35165.713 - 18469.993) + (33432.067 - 16175.222) )/ 2 )
=1311.681/( (16695.72+17256.845)/ 2 )
=1311.681/16976.2825
=7.73 %

Shanghai Mechanical & Electrical 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 )
=1361.136/( ( (33432.067 - 16175.222) + (32875.973 - 15470.271) )/ 2 )
=1361.136/( ( 17256.845 + 17405.702 )/ 2 )
=1361.136/17331.2735
=7.85 %

(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 7.85% mean?
Shanghai Mechanical & Electrical Industry Co (SHSE:600835) has a ROCE % of 7.85% as of Mar. 2026.
Is Shanghai Mechanical & Electrical Industry Co's ROCE % too high?
Shanghai Mechanical & Electrical Industry Co's current ROCE % is 7.85%. The Industrial Products industry median ROCE % is 7.06. Shanghai Mechanical & Electrical Industry Co's value of 7.85% is 11.2% above this industry median. Overall, Shanghai Mechanical & Electrical Industry Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Mechanical & Electrical Industry Co's ROCE % compare to GEV and ETN?
Shanghai Mechanical & Electrical Industry Co's ROCE % of 7.85% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.06. Shanghai Mechanical & Electrical Industry Co's value of 7.85% is 11.2% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.06, based on 3,026 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 Mechanical & Electrical Industry Co's current ROCE % of 7.85% is 11.2% 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 Industrial Products industry, the median ROCE % is 7.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Mechanical & Electrical Industry Co's current ROCE % is 7.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Mechanical & Electrical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Mechanical & Electrical Industry Co (SHSE:600835) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥16.48, compared to a current price of ¥21.00 — trading 27.4% above its estimated fair value. The current ROCE % is 7.85% and 11.2% above the Industrial Products industry median of 7.06. Shanghai Mechanical & Electrical Industry Co's overall GF Score™ is 63/100 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 Shanghai Mechanical & Electrical Industry Co (SHSE:600835), the current ROCE % is 7.85% 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 Mechanical & Electrical Industry Co (SHSE:600835) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Mechanical & Electrical Industry Co stock appears to be overvalued. The current stock price of ¥21.00 is trading 27.4% above its estimated GF Value™ of ¥16.48. GuruFocus considers Shanghai Mechanical & Electrical Industry Co to be Modestly Overvalued.

Key valuation signals for SHSE:600835:

  • ROCE %: 7.85%
  • GF Value™: ¥16.48 vs. price of ¥21.00 (27.4% above fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 11.2% above the Industrial Products median

No single metric tells the full story. See the SHSE:600835 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Mechanical & Electrical Industry Co Business Description

Other Exchanges 900925:China
Address No. 1286 Minsheng Road, Huishang Building, 9F, Pudong, Shanghai, Shanghai, CHN, 200135
Shanghai Mechanical & Electrical Industry Co Ltd mainly operates as a distributor and manufacturer of the mechanical and electrical equipment. It provides products such as escalators, printing and packaging machines, refrigeration and air conditioning and welding equipment, engineering machineries, wood-based panel machineries, energy engineering, hydraulic and pneumatic products and electrical equipment.
63GF Score

Get the complete analysis for SHSE:600835

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

¥21.00
Price
¥16.48
GF Value