Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) ROCE %: 6.04% (As of Mar. 2026)

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SHSE:600846 Shanghai Tongji Science & Technology Industrial Co Ltd SHSE:600846
55 GF Score
Price ¥10.71
GF Value ¥9.85
Valuation Fairly Valued
! 7 Warning Signs
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What is Shanghai Tongji Science & Technology Industrial Co ROCE %?

Shanghai Tongji Science & Technology Industrial Co SHSE:600846 -2.90% 55 ROCE % is 6.04% as of Mar. 2026. GuruFocus rates SHSE:600846 with a GF Score™ of 55/100 and a GF Value™ of ¥9.85 (Fairly Valued). 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. Shanghai Tongji Science & Technology Industrial Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.04%.

Shanghai Tongji Science & Technology Industrial Co  (SHSE:600846) 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 Tongji Science & Technology Industrial Co ROCE % Related Terms

Shanghai Tongji Science & Technology Industrial Co ROCE % Historical Data

* Premium members only.

The historical data trend for Shanghai Tongji Science & Technology Industrial 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 Tongji Science & Technology Industrial Co ROCE % Chart

Shanghai Tongji Science & Technology Industrial 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 22.15 12.56 12.85 10.07 7.26

Shanghai Tongji Science & Technology Industrial 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 9.45 6.47 2.52 10.86 6.04
SHSE:600846
55GF Score
Shanghai Tongji Science & Technology Industrial Co Ltd SHSE:600846
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Tongji Science & Technology Industrial Co ROCE % Calculation

Shanghai Tongji Science & Technology Industrial 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 )
=372.54/( ( (12163.234 - 7268.148) + (13095.653 - 7733.481) )/ 2 )
=372.54/( (4895.086+5362.172)/ 2 )
=372.54/5128.629
=7.26 %

Shanghai Tongji Science & Technology Industrial 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 )
=329.428/( ( (13095.653 - 7733.481) + (12857.998 - 7314.976) )/ 2 )
=329.428/( ( 5362.172 + 5543.022 )/ 2 )
=329.428/5452.597
=6.04 %

(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 6.04% mean?
Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) has a ROCE % of 6.04% as of Mar. 2026.
Is Shanghai Tongji Science & Technology Industrial Co's ROCE % too high?
Shanghai Tongji Science & Technology Industrial Co's current ROCE % is 6.04%. The Construction industry median ROCE % is 8.23. Shanghai Tongji Science & Technology Industrial Co's value of 6.04% is 26.6% below this industry median. Overall, Shanghai Tongji Science & Technology Industrial Co has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Tongji Science & Technology Industrial Co's ROCE % compare to PWR and FIX?
Shanghai Tongji Science & Technology Industrial Co's ROCE % of 6.04% can be compared against companies in the Construction industry. The industry median ROCE % is 8.23. Shanghai Tongji Science & Technology Industrial Co's value of 6.04% is 26.6% 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 Construction company?
The median ROCE % among Construction companies is 8.23, based on 1,755 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 Tongji Science & Technology Industrial Co's current ROCE % of 6.04% is 26.6% 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 Construction industry, the median ROCE % is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Tongji Science & Technology Industrial Co's current ROCE % is 6.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Tongji Science & Technology Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.85, compared to a current price of ¥10.71 — trading 8.7% above its estimated fair value. The current ROCE % is 6.04% and 26.6% below the Construction industry median of 8.23. Shanghai Tongji Science & Technology Industrial Co's overall GF Score™ is 55/100 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 Shanghai Tongji Science & Technology Industrial Co (SHSE:600846), the current ROCE % is 6.04% 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 Tongji Science & Technology Industrial Co (SHSE:600846) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Tongji Science & Technology Industrial Co stock appears to be overvalued. The current stock price of ¥10.71 is trading 8.7% above its estimated GF Value™ of ¥9.85. GuruFocus considers Shanghai Tongji Science & Technology Industrial Co to be Fairly Valued.

Key valuation signals for SHSE:600846:

  • ROCE %: 6.04%
  • GF Value™: ¥9.85 vs. price of ¥10.71 (8.7% above fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 26.6% below the Construction median

No single metric tells the full story. See the SHSE:600846 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanghai Tongji Science & Technology Industrial Co Business Description

Address No. 1398 Siping Road, 20th Floor, Block B, Tongji Union Plaza, Shanghai, CHN, 200092
Shanghai Tongji Science & Technology Industrial Co Ltd is engaged in Engineering construction and consulting services, science park value-added services and base operation and management, environmental engineering technology services and investment operation, real estate development business.
55GF Score

Get the complete analysis for SHSE:600846

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

¥10.71
Price
¥9.85
GF Value