Changbai Mountain Tourism Co (SHSE:603099) ROCE %: 3.63% (As of Mar. 2026)

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SHSE:603099 Changbai Mountain Tourism Co Ltd SHSE:603099
73 GF Score
Price ¥37.76
GF Value ¥36.16
Valuation Fairly Valued
! 1 Warning Sign
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What is Changbai Mountain Tourism Co ROCE %?

Changbai Mountain Tourism Co SHSE:603099 +2.39% 73 ROCE % is 3.63% as of Mar. 2026. GuruFocus rates SHSE:603099 with a GF Score™ of 73/100 and a GF Value™ of ¥36.16 (Fairly Valued). The stock has 1 warning sign 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. Changbai Mountain Tourism Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.63%.

Changbai Mountain Tourism Co  (SHSE:603099) 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.

Changbai Mountain Tourism Co ROCE % Related Terms

Changbai Mountain Tourism Co ROCE % Historical Data

* Premium members only.

The historical data trend for Changbai Mountain Tourism 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.

Changbai Mountain Tourism Co ROCE % Chart

Changbai Mountain Tourism 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 -5.51 -6.91 17.74 17.43 12.69

Changbai Mountain Tourism 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 2.92 -2.14 62.25 -6.31 3.63
SHSE:603099
73GF Score
Changbai Mountain Tourism Co Ltd SHSE:603099
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Changbai Mountain Tourism Co ROCE % Calculation

Changbai Mountain Tourism 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 )
=179.513/( ( (1446.672 - 231.134) + (1843.238 - 229.539) )/ 2 )
=179.513/( (1215.538+1613.699)/ 2 )
=179.513/1414.6185
=12.69 %

Changbai Mountain Tourism 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 )
=58.952/( ( (1843.238 - 229.539) + (1816.891 - 183.075) )/ 2 )
=58.952/( ( 1613.699 + 1633.816 )/ 2 )
=58.952/1623.7575
=3.63 %

(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 3.63% mean?
Changbai Mountain Tourism Co (SHSE:603099) has a ROCE % of 3.63% as of Mar. 2026.
Is Changbai Mountain Tourism Co's ROCE % too high?
Changbai Mountain Tourism Co's current ROCE % is 3.63%. The Travel & Leisure industry median ROCE % is 6.09. Changbai Mountain Tourism Co's value of 3.63% is 40.4% below this industry median. Overall, Changbai Mountain Tourism Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Changbai Mountain Tourism Co's ROCE % compare to BKNG and ABNB?
Changbai Mountain Tourism Co's ROCE % of 3.63% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.09. Changbai Mountain Tourism Co's value of 3.63% is 40.4% 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 Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.09, based on 836 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. Changbai Mountain Tourism Co's current ROCE % of 3.63% is 40.4% 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 Travel & Leisure industry, the median ROCE % is 6.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changbai Mountain Tourism Co's current ROCE % is 3.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changbai Mountain Tourism Co stock overvalued right now?
Based on GuruFocus' analysis, Changbai Mountain Tourism Co (SHSE:603099) is currently considered Fairly Valued. The stock's GF Value™ is ¥36.16, compared to a current price of ¥37.76 — trading 4.4% above its estimated fair value. The current ROCE % is 3.63% and 40.4% below the Travel & Leisure industry median of 6.09. Changbai Mountain Tourism Co's overall GF Score™ is 73/100 with 1 warning sign 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 Changbai Mountain Tourism Co (SHSE:603099), the current ROCE % is 3.63% 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 Changbai Mountain Tourism Co (SHSE:603099) Overvalued in 2026?

Based on GuruFocus' analysis, Changbai Mountain Tourism Co stock appears to be overvalued. The current stock price of ¥37.76 is trading 4.4% above its estimated GF Value™ of ¥36.16. GuruFocus considers Changbai Mountain Tourism Co to be Fairly Valued.

Key valuation signals for SHSE:603099:

  • ROCE %: 3.63%
  • GF Value™: ¥36.16 vs. price of ¥37.76 (4.4% above fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 40.4% below the Travel & Leisure median

No single metric tells the full story. See the SHSE:603099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Changbai Mountain Tourism Co Business Description

Address Heping Street, Bailin Western District, Changbai Mountain Protection and Development Zone, Chibei District, Yanbian, CHN, 133613
Changbai Mountain Tourism Co Ltd is a travel agency company. It is mainly engaged in tourism passenger transport, hotel management, travel agencies and hot spring water development and utilization business.
73GF Score

Get the complete analysis for SHSE:603099

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

¥37.76
Price
¥36.16
GF Value