Ningxia Baofeng Energy Group Co (SHSE:600989) ROCE %: 23.37% (As of Mar. 2026)


SHSE:600989 Ningxia Baofeng Energy Group Co Ltd SHSE:600989
94 GF Score
Price ¥20.82
GF Value ¥26.65
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ningxia Baofeng Energy Group Co ROCE %?

Ningxia Baofeng Energy Group Co SHSE:600989 +0.39% 94 ROCE % is 23.37% as of Mar. 2026. GuruFocus rates SHSE:600989 with a GF Score™ of 94/100 and a GF Value™ of ¥26.65 (Modestly Undervalued). The stock has 4 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. Ningxia Baofeng Energy Group Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 23.37%.

Ningxia Baofeng Energy Group Co  (SHSE:600989) 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.

Ningxia Baofeng Energy Group Co ROCE % Related Terms

Ningxia Baofeng Energy Group Co ROCE % Historical Data

* Premium members only.

The historical data trend for Ningxia Baofeng Energy 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.

Ningxia Baofeng Energy Group Co ROCE % Chart

Ningxia Baofeng Energy 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 24.09 18.09 13.07 12.73 19.52

Ningxia Baofeng Energy 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 17.12 21.50 21.22 16.12 23.37
SHSE:600989
94GF Score
Ningxia Baofeng Energy Group Co Ltd SHSE:600989
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningxia Baofeng Energy Group Co ROCE % Calculation

Ningxia Baofeng Energy 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 )
=13914.282/( ( (89566.218 - 21250.374) + (90152.489 - 15933.261) )/ 2 )
=13914.282/( (68315.844+74219.228)/ 2 )
=13914.282/71267.536
=19.52 %

Ningxia Baofeng Energy 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 )
=17838.888/( ( (90152.489 - 15933.261) + (94509.168 - 16091.218) )/ 2 )
=17838.888/( ( 74219.228 + 78417.95 )/ 2 )
=17838.888/76318.589
=23.37 %

(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 23.37% mean?
Ningxia Baofeng Energy Group Co (SHSE:600989) has a ROCE % of 23.37% as of Mar. 2026.
Is Ningxia Baofeng Energy Group Co's ROCE % too high?
Ningxia Baofeng Energy Group Co's current ROCE % is 23.37%. The Chemicals industry median ROCE % is 6.42. Ningxia Baofeng Energy Group Co's value of 23.37% is 264% above this industry median. Overall, Ningxia Baofeng Energy Group Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningxia Baofeng Energy Group Co's ROCE % compare to DOW?
Ningxia Baofeng Energy Group Co's ROCE % of 23.37% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Ningxia Baofeng Energy Group Co's value of 23.37% is 264% 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. Ningxia Baofeng Energy Group Co's current ROCE % of 23.37% is 264% 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. Ningxia Baofeng Energy Group Co's current ROCE % is 23.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningxia Baofeng Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co (SHSE:600989) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥26.65, compared to a current price of ¥20.82 — trading 21.9% below its estimated fair value. The current ROCE % is 23.37% and 264% above the Chemicals industry median of 6.42. Ningxia Baofeng Energy Group Co's overall GF Score™ is 94/100 with 4 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 Ningxia Baofeng Energy Group Co (SHSE:600989), the current ROCE % is 23.37% 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 Ningxia Baofeng Energy Group Co (SHSE:600989) Overvalued in 2026?

Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co stock appears to be undervalued. The current stock price of ¥20.82 is trading 21.9% below its estimated GF Value™ of ¥26.65. GuruFocus considers Ningxia Baofeng Energy Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:600989:

  • ROCE %: 23.37%
  • GF Value™: ¥26.65 vs. price of ¥20.82 (21.9% below fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 264% above the Chemicals median

No single metric tells the full story. See the SHSE:600989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningxia Baofeng Energy Group Co Business Description

Address Baofeng Circular Economy Industrial Park, Ningdong Energy and Chemical Industry Base, Ningxia Hui Autonomous Region, Yinchuan, CHN, 750411
Ningxia Baofeng Energy Group Co Ltd is engaged in the production and sales of modern coal chemical products. The company operates through four segments. The Coking Products segment covers coal mining, washing, and coking activities. The Fine Chemical Products segment focuses on coal tar, crude benzene, and C4 deep-processed products. The Olefin Products segment is involved in the production of methanol and olefins. The Headquarters and Other Product segment manages investment, financing, and support services, alongside the activities of its commercial service companies. It generates the majority of its revenue from the Olefin Products segment.
94GF Score

Get the complete analysis for SHSE:600989

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

¥20.82
Price
¥26.65
GF Value