Chengdu Gas Group (SHSE:603053) ROCE %: 14.99% (As of Mar. 2026)

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SHSE:603053 Chengdu Gas Group Corp Ltd SHSE:603053
82 GF Score
Price ¥8.89
GF Value ¥9.97
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Chengdu Gas Group ROCE %?

Chengdu Gas Group SHSE:603053 +1.25% 82 ROCE % is 14.99% as of Mar. 2026. GuruFocus rates SHSE:603053 with a GF Score™ of 82/100 and a GF Value™ of ¥9.97 (Modestly Undervalued). The stock has 3 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. Chengdu Gas Group's annualized ROCE % for the quarter that ended in Mar. 2026 was 14.99%.

Chengdu Gas Group  (SHSE:603053) 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.

Chengdu Gas Group ROCE % Related Terms

Chengdu Gas Group ROCE % Historical Data

* Premium members only.

The historical data trend for Chengdu Gas Group'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.

Chengdu Gas Group ROCE % Chart

Chengdu Gas Group 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 14.15 13.92 13.59 12.10 11.45

Chengdu Gas Group 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 16.68 9.30 13.24 6.54 14.99
SHSE:603053
82GF Score
Chengdu Gas Group Corp Ltd SHSE:603053
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chengdu Gas Group ROCE % Calculation

Chengdu Gas Group'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 )
=600.161/( ( (8198.841 - 3058.791) + (8264.954 - 2921.982) )/ 2 )
=600.161/( (5140.05+5342.972)/ 2 )
=600.161/5241.511
=11.45 %

Chengdu Gas Group'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 )
=813.848/( ( (8264.954 - 2921.982) + (8288.18 - 2770.852) )/ 2 )
=813.848/( ( 5342.972 + 5517.328 )/ 2 )
=813.848/5430.15
=14.99 %

(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 14.99% mean?
Chengdu Gas Group (SHSE:603053) has a ROCE % of 14.99% as of Mar. 2026.
Is Chengdu Gas Group's ROCE % too high?
Chengdu Gas Group's current ROCE % is 14.99%. The Utilities - Regulated industry median ROCE % is 6.87. Chengdu Gas Group's value of 14.99% is 118.2% above this industry median. Overall, Chengdu Gas Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chengdu Gas Group's ROCE % compare to ATO and NI?
Chengdu Gas Group's ROCE % of 14.99% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.87. Chengdu Gas Group's value of 14.99% is 118.2% 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 an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.87, based on 505 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. Chengdu Gas Group's current ROCE % of 14.99% is 118.2% 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 Utilities - Regulated industry, the median ROCE % is 6.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu Gas Group's current ROCE % is 14.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Gas Group stock overvalued right now?
Based on GuruFocus' analysis, Chengdu Gas Group (SHSE:603053) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.97, compared to a current price of ¥8.89 — trading 10.8% below its estimated fair value. The current ROCE % is 14.99% and 118.2% above the Utilities - Regulated industry median of 6.87. Chengdu Gas Group's overall GF Score™ is 82/100 with 3 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 Chengdu Gas Group (SHSE:603053), the current ROCE % is 14.99% 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 Chengdu Gas Group (SHSE:603053) Overvalued in 2026?

Based on GuruFocus' analysis, Chengdu Gas Group stock appears to be undervalued. The current stock price of ¥8.89 is trading 10.8% below its estimated GF Value™ of ¥9.97. GuruFocus considers Chengdu Gas Group to be Modestly Undervalued.

Key valuation signals for SHSE:603053:

  • ROCE %: 14.99%
  • GF Value™: ¥9.97 vs. price of ¥8.89 (10.8% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 118.2% above the Utilities - Regulated median

No single metric tells the full story. See the SHSE:603053 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Chengdu Gas Group Business Description

Address No. 19 Shaoling Road, Wuhou District, Sichuan Province, Chengdu, CHN, 610041
Chengdu Gas Group Corp Ltd is engaged in urban gas supply in large and medium cities in China. The company's business includes city gas supply, gas engineering planning, design, construction and installation, gas transmission and distribution, application, management, gas intelligent system research and development, equipment manufacturing, gas special equipment, pressure vessels, measuring device testing, gas appliances and equipment sales.
82GF Score

Get the complete analysis for SHSE:603053

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

¥8.89
Price
¥9.97
GF Value