Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) ROCE %: 6.93% (As of Mar. 2026)

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SHSE:601686 Tianjin You Fa Steel Pipe Group Stock Co Ltd SHSE:601686
65 GF Score
Price ¥5.08
GF Value ¥5.46
Valuation Fairly Valued
! 5 Warning Signs
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What is Tianjin You Fa Steel Pipe Group Stock Co ROCE %?

Tianjin You Fa Steel Pipe Group Stock Co SHSE:601686 +0.99% 65 ROCE % is 6.93% as of Mar. 2026. GuruFocus rates SHSE:601686 with a GF Score™ of 65/100 and a GF Value™ of ¥5.46 (Fairly Valued). 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. Tianjin You Fa Steel Pipe Group Stock Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.93%.

Tianjin You Fa Steel Pipe Group Stock Co  (SHSE:601686) 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.

Tianjin You Fa Steel Pipe Group Stock Co ROCE % Related Terms

Tianjin You Fa Steel Pipe Group Stock Co ROCE % Historical Data

* Premium members only.

The historical data trend for Tianjin You Fa Steel Pipe Group Stock 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.

Tianjin You Fa Steel Pipe Group Stock Co ROCE % Chart

Tianjin You Fa Steel Pipe Group Stock 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 12.81 6.18 9.16 8.36 10.19

Tianjin You Fa Steel Pipe Group Stock 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 7.15 9.86 12.53 11.58 6.93
SHSE:601686
65GF Score
Tianjin You Fa Steel Pipe Group Stock Co Ltd SHSE:601686
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianjin You Fa Steel Pipe Group Stock Co ROCE % Calculation

Tianjin You Fa Steel Pipe Group Stock 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 )
=1050.979/( ( (26001.74 - 15468.462) + (24498.064 - 14401.678) )/ 2 )
=1050.979/( (10533.278+10096.386)/ 2 )
=1050.979/10314.832
=10.19 %

Tianjin You Fa Steel Pipe Group Stock 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 )
=706.588/( ( (24498.064 - 14401.678) + (22932.029 - 12636.11) )/ 2 )
=706.588/( ( 10096.386 + 10295.919 )/ 2 )
=706.588/10196.1525
=6.93 %

(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 6.93% mean?
Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) has a ROCE % of 6.93% as of Mar. 2026.
Is Tianjin You Fa Steel Pipe Group Stock Co's ROCE % too high?
Tianjin You Fa Steel Pipe Group Stock Co's current ROCE % is 6.93%. The Steel industry median ROCE % is 5.63. Tianjin You Fa Steel Pipe Group Stock Co's value of 6.93% is 23.2% above this industry median. Overall, Tianjin You Fa Steel Pipe Group Stock 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 Tianjin You Fa Steel Pipe Group Stock Co's ROCE % compare to NUE and STLD?
Tianjin You Fa Steel Pipe Group Stock Co's ROCE % of 6.93% can be compared against companies in the Steel industry. The industry median ROCE % is 5.63. Tianjin You Fa Steel Pipe Group Stock Co's value of 6.93% is 23.2% 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 Steel company?
The median ROCE % among Steel companies is 5.63, based on 620 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. Tianjin You Fa Steel Pipe Group Stock Co's current ROCE % of 6.93% is 23.2% 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 Steel industry, the median ROCE % is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin You Fa Steel Pipe Group Stock Co's current ROCE % is 6.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin You Fa Steel Pipe Group Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.46, compared to a current price of ¥5.08 — trading 7% below its estimated fair value. The current ROCE % is 6.93% and 23.2% above the Steel industry median of 5.63. Tianjin You Fa Steel Pipe Group Stock Co's overall GF Score™ is 65/100 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 Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686), the current ROCE % is 6.93% 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 Tianjin You Fa Steel Pipe Group Stock Co (SHSE:601686) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin You Fa Steel Pipe Group Stock Co stock appears to be undervalued. The current stock price of ¥5.08 is trading 7% below its estimated GF Value™ of ¥5.46. GuruFocus considers Tianjin You Fa Steel Pipe Group Stock Co to be Fairly Valued.

Key valuation signals for SHSE:601686:

  • ROCE %: 6.93%
  • GF Value™: ¥5.46 vs. price of ¥5.08 (7% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 23.2% above the Steel median

No single metric tells the full story. See the SHSE:601686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tianjin You Fa Steel Pipe Group Stock Co Business Description

Address Ten Billion Yuan Industrial Zone, Daqiuzhuang Town, Jinghai District, Tianjin, CHN, 301606
Tianjin You Fa Steel Pipe Group Stock Co Ltd formerly Tianjin Youfa Steel Pipe Group Co Ltd is primarily involved in the development, production and sales of welded steel pipes. It offers welded pipes, hot-dip galvanized steel pipes, steel-plastic composite pipes, stainless steel composite pipes, spiral steel pipes and others.
65GF Score

Get the complete analysis for SHSE:601686

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

¥5.08
Price
¥5.46
GF Value