Baida Group Co (SHSE:600865) ROCE %: 3.81% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600865 Baida Group Co Ltd SHSE:600865
65 GF Score
Price ¥8.61
GF Value ¥8.73
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Baida Group Co ROCE %?

Baida Group Co SHSE:600865 +0.94% 65 ROCE % is 3.81% as of Mar. 2026. GuruFocus rates SHSE:600865 with a GF Score™ of 65/100 and a GF Value™ of ¥8.73 (Fairly Valued). The stock has 3 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. Baida Group Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.81%.

Baida Group Co  (SHSE:600865) 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.

Baida Group Co ROCE % Related Terms

Baida Group Co ROCE % Historical Data

* Premium members only.

The historical data trend for Baida Group 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.

Baida Group Co ROCE % Chart

Baida Group 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 6.31 9.58 5.16 4.59 4.55

Baida Group 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 3.96 4.48 1.77 7.95 3.81
SHSE:600865
65GF Score
Baida Group Co Ltd SHSE:600865
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baida Group Co ROCE % Calculation

Baida Group 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 )
=106.788/( ( (2567.428 - 184.957) + (2514.527 - 202.838) )/ 2 )
=106.788/( (2382.471+2311.689)/ 2 )
=106.788/2347.08
=4.55 %

Baida Group 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 )
=88.504/( ( (2514.527 - 202.838) + (2498.038 - 160.401) )/ 2 )
=88.504/( ( 2311.689 + 2337.637 )/ 2 )
=88.504/2324.663
=3.81 %

(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 3.81% mean?
Baida Group Co (SHSE:600865) has a ROCE % of 3.81% as of Mar. 2026.
Is Baida Group Co's ROCE % too high?
Baida Group Co's current ROCE % is 3.81%. The Retail - Cyclical industry median ROCE % is 7.69. Baida Group Co's value of 3.81% is 50.5% below this industry median. Overall, Baida Group Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baida Group Co's ROCE % compare to DDS?
Baida Group Co's ROCE % of 3.81% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.69. Baida Group Co's value of 3.81% is 50.5% 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 Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.69, based on 1,120 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. Baida Group Co's current ROCE % of 3.81% is 50.5% 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 Retail - Cyclical industry, the median ROCE % is 7.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baida Group Co's current ROCE % is 3.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baida Group Co stock overvalued right now?
Based on GuruFocus' analysis, Baida Group Co (SHSE:600865) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.73, compared to a current price of ¥8.61 — trading 1.4% below its estimated fair value. The current ROCE % is 3.81% and 50.5% below the Retail - Cyclical industry median of 7.69. Baida Group Co's overall GF Score™ is 65/100 with 3 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 Baida Group Co (SHSE:600865), the current ROCE % is 3.81% 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 Baida Group Co (SHSE:600865) Overvalued in 2026?

Based on GuruFocus' analysis, Baida Group Co stock appears to be undervalued. The current stock price of ¥8.61 is trading 1.4% below its estimated GF Value™ of ¥8.73. GuruFocus considers Baida Group Co to be Fairly Valued.

Key valuation signals for SHSE:600865:

  • ROCE %: 3.81%
  • GF Value™: ¥8.73 vs. price of ¥8.61 (1.4% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 50.5% below the Retail - Cyclical median

No single metric tells the full story. See the SHSE:600865 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Baida Group Co Business Description

Address No. 22 Nanyuan Street, Yuhang District, Zhejiang, 34th Floor, Building 2, Linping Xizi International, Hangzhou, CHN, 310006
Baida Group Co Ltd is a China-based company. Its business activities are divided into three divisions including a department store, hotel operation, and property service. The company operates a department store in Hangzhou.
65GF Score

Get the complete analysis for SHSE:600865

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

¥8.61
Price
¥8.73
GF Value