Ningbo Boway Alloy Material Co (SHSE:601137) ROCE %: 3.39% (As of Mar. 2026)

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SHSE:601137 Ningbo Boway Alloy Material Co Ltd SHSE:601137
83 GF Score
Price ¥17.17
GF Value ¥19.08
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Ningbo Boway Alloy Material Co ROCE %?

Ningbo Boway Alloy Material Co SHSE:601137 -7.69% 83 ROCE % is 3.39% as of Mar. 2026. GuruFocus rates SHSE:601137 with a GF Score™ of 83/100 and a GF Value™ of ¥19.08 (Modestly Undervalued). 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. Ningbo Boway Alloy Material Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.39%.

Ningbo Boway Alloy Material Co  (SHSE:601137) 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.

Ningbo Boway Alloy Material Co ROCE % Related Terms

Ningbo Boway Alloy Material Co ROCE % Historical Data

* Premium members only.

The historical data trend for Ningbo Boway Alloy Material 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.

Ningbo Boway Alloy Material Co ROCE % Chart

Ningbo Boway Alloy Material 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 7.35 9.86 15.29 16.54 3.20

Ningbo Boway Alloy Material 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 13.45 15.80 6.45 -23.45 3.39
SHSE:601137
83GF Score
Ningbo Boway Alloy Material Co Ltd SHSE:601137
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Boway Alloy Material Co ROCE % Calculation

Ningbo Boway Alloy Material 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 )
=370.507/( ( (17295.4 - 6349.684) + (20185.214 - 7997.349) )/ 2 )
=370.507/( (10945.716+12187.865)/ 2 )
=370.507/11566.7905
=3.20 %

Ningbo Boway Alloy Material 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 )
=410.728/( ( (20185.214 - 7997.349) + (20792.862 - 8739.812) )/ 2 )
=410.728/( ( 12187.865 + 12053.05 )/ 2 )
=410.728/12120.4575
=3.39 %

(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 3.39% mean?
Ningbo Boway Alloy Material Co (SHSE:601137) has a ROCE % of 3.39% as of Mar. 2026.
Is Ningbo Boway Alloy Material Co's ROCE % too high?
Ningbo Boway Alloy Material Co's current ROCE % is 3.39%. Overall, Ningbo Boway Alloy Material Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Boway Alloy Material Co's ROCE % compare to SCCO and FCX?
Ningbo Boway Alloy Material Co's ROCE % of 3.39% can be compared against companies in the Metals & Mining industry. 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 Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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. Ningbo Boway Alloy Material Co's current ROCE % is 3.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Boway Alloy Material Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Boway Alloy Material Co (SHSE:601137) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥19.08, compared to a current price of ¥17.17 — trading 10% below its estimated fair value. The current ROCE % is 3.39%. Ningbo Boway Alloy Material Co's overall GF Score™ is 83/100 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 Ningbo Boway Alloy Material Co (SHSE:601137), the current ROCE % is 3.39% 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 Ningbo Boway Alloy Material Co (SHSE:601137) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Boway Alloy Material Co stock appears to be undervalued. The current stock price of ¥17.17 is trading 10% below its estimated GF Value™ of ¥19.08. GuruFocus considers Ningbo Boway Alloy Material Co to be Modestly Undervalued.

Key valuation signals for SHSE:601137:

  • ROCE %: 3.39%
  • GF Value™: ¥19.08 vs. price of ¥17.17 (10% below fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the SHSE:601137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ningbo Boway Alloy Material Co Business Description

Address Taiping Bridge, Yunlong Town, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315135
Ningbo Boway Alloy Material Co Ltd is engaged in researching, developing, producing and selling non-ferrous alloy materials in China and internationally. It offers environmental, high conductivity, special, bronze, nickel-silver, and brass alloy materials, as well as copper alloys; and high precision copper alloy strips. The company also offers copper-titanium-zirconium- zinc alloy materials; and energy products, such as monocrystalline black components, polycrystalline, and solar modules.
83GF Score

Get the complete analysis for SHSE:601137

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

¥17.17
Price
¥19.08
GF Value