Chinatellite Communications Co (SHSE:601698) ROCE %: 0.99% (As of Mar. 2026)

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SHSE:601698 China Satellite Communications Co Ltd SHSE:601698
76 GF Score
Price ¥25.59
GF Value ¥23.58
Valuation Fairly Valued
! 4 Warning Signs
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What is Chinatellite Communications Co ROCE %?

Chinatellite Communications Co SHSE:601698 -6.67% 76 ROCE % is 0.99% as of Mar. 2026. GuruFocus rates SHSE:601698 with a GF Score™ of 76/100 and a GF Value™ of ¥23.58 (Fairly Valued). 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. Chinatellite Communications Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 0.99%.

Chinatellite Communications Co  (SHSE:601698) 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.

Chinatellite Communications Co ROCE % Related Terms

Chinatellite Communications Co ROCE % Historical Data

* Premium members only.

The historical data trend for Chinatellite Communications 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.

Chinatellite Communications Co ROCE % Chart

Chinatellite Communications 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 5.07 4.92 2.98 3.20 2.95

Chinatellite Communications 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 2.21 2.88 2.50 4.19 0.99
SHSE:601698
76GF Score
China Satellite Communications Co Ltd SHSE:601698
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chinatellite Communications Co ROCE % Calculation

Chinatellite Communications 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 )
=617.371/( ( (22412.944 - 1504.015) + (22406.145 - 1411.793) )/ 2 )
=617.371/( (20908.929+20994.352)/ 2 )
=617.371/20951.6405
=2.95 %

Chinatellite Communications 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 )
=208.264/( ( (22406.145 - 1411.793) + (22284.754 - 1359.543) )/ 2 )
=208.264/( ( 20994.352 + 20925.211 )/ 2 )
=208.264/20959.7815
=0.99 %

(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 0.99% mean?
Chinatellite Communications Co (SHSE:601698) has a ROCE % of 0.99% as of Mar. 2026.
Is Chinatellite Communications Co's ROCE % too high?
Chinatellite Communications Co's current ROCE % is 0.99%. The Telecommunication Services industry median ROCE % is 7.74. Chinatellite Communications Co's value of 0.99% is 87.2% below this industry median. Overall, Chinatellite Communications Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chinatellite Communications Co's ROCE % compare to TMUS and VZ?
Chinatellite Communications Co's ROCE % of 0.99% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.74. Chinatellite Communications Co's value of 0.99% is 87.2% 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 Telecommunication Services company?
The median ROCE % among Telecommunication Services companies is 7.74, based on 351 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. Chinatellite Communications Co's current ROCE % of 0.99% is 87.2% 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 Telecommunication Services industry, the median ROCE % is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chinatellite Communications Co's current ROCE % is 0.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chinatellite Communications Co stock overvalued right now?
Based on GuruFocus' analysis, Chinatellite Communications Co (SHSE:601698) is currently considered Fairly Valued. The stock's GF Value™ is ¥23.58, compared to a current price of ¥25.59 — trading 8.5% above its estimated fair value. The current ROCE % is 0.99% and 87.2% below the Telecommunication Services industry median of 7.74. Chinatellite Communications Co's overall GF Score™ is 76/100 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 Chinatellite Communications Co (SHSE:601698), the current ROCE % is 0.99% 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 Chinatellite Communications Co (SHSE:601698) Overvalued in 2026?

Based on GuruFocus' analysis, Chinatellite Communications Co stock appears to be overvalued. The current stock price of ¥25.59 is trading 8.5% above its estimated GF Value™ of ¥23.58. GuruFocus considers Chinatellite Communications Co to be Fairly Valued.

Key valuation signals for SHSE:601698:

  • ROCE %: 0.99%
  • GF Value™: ¥23.58 vs. price of ¥25.59 (8.5% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 87.2% below the Telecommunication Services median

No single metric tells the full story. See the SHSE:601698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Chinatellite Communications Co Business Description

Address No. 59, Houchangcun Road, Haidian District, Beijing, CHN
China Satellite Communications Co Ltd is engaged in the development and management of communication and broadcasting satellite systems; the design and development of satellite ground application systems and related equipment. It also offers technical consulting, engineering design, engineering contracting services related to the satellite business.
76GF Score

Get the complete analysis for SHSE:601698

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

¥25.59
Price
¥23.58
GF Value