Nanjing Chemical Fibre Co (SHSE:600889) ROCE %: 6.44% (As of Mar. 2026)


SHSE:600889 Nanjing Chemical Fibre Co Ltd SHSE:600889
45 GF Score
Price ¥15.05
GF Value ¥5.84
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Nanjing Chemical Fibre Co ROCE %?

Nanjing Chemical Fibre Co SHSE:600889 +0.07% 45 ROCE % is 6.44% as of Mar. 2026. GuruFocus rates SHSE:600889 with a GF Score™ of 45/100 and a GF Value™ of ¥5.84 (Significantly 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. Nanjing Chemical Fibre Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.44%.

Nanjing Chemical Fibre Co  (SHSE:600889) 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.

Nanjing Chemical Fibre Co ROCE % Related Terms

Nanjing Chemical Fibre Co ROCE % Historical Data

* Premium members only.

The historical data trend for Nanjing Chemical Fibre 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.

Nanjing Chemical Fibre Co ROCE % Chart

Nanjing Chemical Fibre 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 -8.33 -12.04 -18.75 -49.30 -16.60

Nanjing Chemical Fibre 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 -15.87 -33.99 24.93 -36.49 6.44
SHSE:600889
45GF Score
Nanjing Chemical Fibre Co Ltd SHSE:600889
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nanjing Chemical Fibre Co ROCE % Calculation

Nanjing Chemical Fibre 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 )
=-90.324/( ( (1484.44 - 774.139) + (1240.801 - 862.879) )/ 2 )
=-90.324/( (710.301+377.922)/ 2 )
=-90.324/544.1115
=-16.60 %

Nanjing Chemical Fibre 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 )
=57.036/( ( (1240.801 - 862.879) + (1807.94 - 415.38) )/ 2 )
=57.036/( ( 377.922 + 1392.56 )/ 2 )
=57.036/885.241
=6.44 %

(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 6.44% mean?
Nanjing Chemical Fibre Co (SHSE:600889) has a ROCE % of 6.44% as of Mar. 2026.
Is Nanjing Chemical Fibre Co's ROCE % too high?
Nanjing Chemical Fibre Co's current ROCE % is 6.44%. The Chemicals industry median ROCE % is 6.42. Nanjing Chemical Fibre Co's value of 6.44% is 0.3% above this industry median. Overall, Nanjing Chemical Fibre Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Chemical Fibre Co's ROCE % compare to DOW?
Nanjing Chemical Fibre Co's ROCE % of 6.44% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Nanjing Chemical Fibre Co's value of 6.44% is 0.3% 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 a Chemicals company?
The median ROCE % among Chemicals companies is 6.42, based on 1,590 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. Nanjing Chemical Fibre Co's current ROCE % of 6.44% is 0.3% 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 Chemicals industry, the median ROCE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Chemical Fibre Co's current ROCE % is 6.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Chemical Fibre Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Chemical Fibre Co (SHSE:600889) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.84, compared to a current price of ¥15.05 — trading 157.7% above its estimated fair value. The current ROCE % is 6.44% and 0.3% above the Chemicals industry median of 6.42. Nanjing Chemical Fibre Co's overall GF Score™ is 45/100 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 Nanjing Chemical Fibre Co (SHSE:600889), the current ROCE % is 6.44% 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 Nanjing Chemical Fibre Co (SHSE:600889) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing Chemical Fibre Co stock appears to be overvalued. The current stock price of ¥15.05 is trading 157.7% above its estimated GF Value™ of ¥5.84. GuruFocus considers Nanjing Chemical Fibre Co to be Significantly Overvalued.

Key valuation signals for SHSE:600889:

  • ROCE %: 6.44%
  • GF Value™: ¥5.84 vs. price of ¥15.05 (157.7% above fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 0.3% above the Chemicals median

No single metric tells the full story. See the SHSE:600889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nanjing Chemical Fibre Co Business Description

Address No. 2, Yuzhuang Road, Xiongzhou Street, Liuhe District, Jiangsu, Nanjing, CHN, 211511
Nanjing Chemical Fibre Co Ltd is a China-based company mainly engaged in the production and operation of viscose fiber and tap water. The company produces Jinling brand viscose fiber which is sold in China and exported to South Korea, Japan, Vietnam, Europe and the United States. Its water plant is located at Yanziji, Qixia District, Nanjing, and has a water supply capacity of approx. 150,000 tons/day. The company provides tap water service to enterprises in the economic and technological development zone and its surrounding factories and residential quarters.
45GF Score

Get the complete analysis for SHSE:600889

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

¥15.05
Price
¥5.84
GF Value