New East New Materials Co (SHSE:603110) ROCE %: 7.41% (As of Mar. 2026)

Author:

Vera Yuan

Director of Data and Quant Analytics at GuruFocus

Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.

View Profile →

Reviewed by:

Charlie Tian

Founder & CEO of GuruFocus

Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

View Profile →

New East New Materials Co Ltd SHSE:603110

67 GF Score

Price ¥25.54

GF Value ¥15.87

Valuation Significantly Overvalued

10 Warning Signs

View Full Analysis

Start Your Free 7-Day GuruFocus Premium Trial

Unlock 30-Y financials, GF Score, and 150+ pro screeners →

What is New East New Materials Co ROCE %?

New East New Materials Co SHSE:603110 +2.65% 67 ROCE % is 7.41% as of Mar. 2026. GuruFocus rates SHSE:603110 with a GF Score™ of 67/100 and a GF Value™ of ¥15.87 (Significantly Overvalued). The stock has 10 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. New East New Materials Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.41%.

Try GuruFocus Premium free for 7 days

Unlock GF Score, GF Value, 30-Y financials, and pro screeners.

Get Started →

New East New Materials Co (SHSE:603110) 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.

New East New Materials Co ROCE % Related Terms

New East New Materials Co ROCE % Historical Data

* Premium members only.

The historical data trend for New East New Materials 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.

New East New Materials Co ROCE % Chart

New East New Materials Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

Get a 7-Day Free Trial

9.88

3.43

9.35

2.64

0.22

New East New Materials 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															0.94	-0.12	2.06	-2.03	7.41

67GF Score

New East New Materials Co Ltd SHSE:603110

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Start Your Free 7-Day GuruFocus Premium Trial

Unlock 30-Y financials, GF Score, and 150+ pro screeners →

New East New Materials Co ROCE % Calculation

New East New Materials 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 )
	=	1.502	/	( ( (874.012 - 169.125)	+	(814.846 - 125.561) )	/ 2 )
	=	1.502	/	( (704.887	+	689.285)	/ 2 )
	=	1.502	/	697.086
	=	0.22 %

New East New Materials 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 )
	=	51.476	/	( ( (814.846 - 125.561)	+	(822.445 - 122.926) )	/ 2 )
	=	51.476	/	( ( 689.285	+	699.519 )	/ 2 )
	=	51.476	/	694.402
	=	7.41 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 7.41% mean?

New East New Materials Co (SHSE:603110) has a ROCE % of 7.41% as of Mar. 2026.

Is New East New Materials Co's ROCE % too high?

New East New Materials Co's current ROCE % is 7.41%. The Chemicals industry median ROCE % is 6.60. New East New Materials Co's value of 7.41% is 12.3% above this industry median. Overall, New East New Materials Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does New East New Materials Co's ROCE % compare to LIN and SHW?

New East New Materials Co's ROCE % of 7.41% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.60. New East New Materials Co's value of 7.41% is 12.3% 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 Chemicals company?

The median ROCE % among Chemicals companies is 6.60, based on 1,589 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. New East New Materials Co's current ROCE % of 7.41% is 12.3% 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 Chemicals industry, the median ROCE % is 6.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New East New Materials Co's current ROCE % is 7.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is New East New Materials Co stock overvalued right now?

Based on GuruFocus' analysis, New East New Materials Co (SHSE:603110) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.87, compared to a current price of ¥25.54 — trading 60.9% above its estimated fair value. The current ROCE % is 7.41% and 12.3% above the Chemicals industry median of 6.60. New East New Materials Co's overall GF Score™ is 67/100 with 10 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 New East New Materials Co (SHSE:603110), the current ROCE % is 7.41% 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 New East New Materials Co (SHSE:603110) Overvalued in 2026?

Based on GuruFocus' analysis, New East New Materials Co stock appears to be overvalued. The current stock price of ¥25.54 is trading 60.9% above its estimated GF Value™ of ¥15.87. GuruFocus considers New East New Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:603110:

ROCE %: 7.41%
GF Value™: ¥15.87 vs. price of ¥25.54 (60.9% above fair value)
GF Score™: 67/100 with 10 warning signs
Industry Position: 12.3% above the Chemicals median

No single metric tells the full story. See the SHSE:603110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Start Your Free 7-Day GuruFocus Premium Trial

Unlock 30-Y financials, GF Score, and 150+ pro screeners →