Shenzhen Goodix Technology Co (SHSE:603160) ROCE %: 5.45% (As of Mar. 2026)


SHSE:603160 Shenzhen Goodix Technology Co Ltd SHSE:603160
65 GF Score
Price ¥59.03
GF Value ¥78.36
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Shenzhen Goodix Technology Co ROCE %?

Shenzhen Goodix Technology Co SHSE:603160 -2.17% 65 ROCE % is 5.45% as of Mar. 2026. GuruFocus rates SHSE:603160 with a GF Score™ of 65/100 and a GF Value™ of ¥78.36 (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. Shenzhen Goodix Technology Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.45%.

Shenzhen Goodix Technology Co  (SHSE:603160) 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.

Shenzhen Goodix Technology Co ROCE % Related Terms

Shenzhen Goodix Technology Co ROCE % Historical Data

* Premium members only.

The historical data trend for Shenzhen Goodix Technology 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.

Shenzhen Goodix Technology Co ROCE % Chart

Shenzhen Goodix Technology 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 9.54 -11.34 1.17 7.83 9.48

Shenzhen Goodix Technology 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 9.14 11.90 10.65 5.78 5.45
SHSE:603160
65GF Score
Shenzhen Goodix Technology Co Ltd SHSE:603160
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Goodix Technology Co ROCE % Calculation

Shenzhen Goodix Technology 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 )
=874.53/( ( (10304.338 - 1288.204) + (11059.407 - 1624.448) )/ 2 )
=874.53/( (9016.134+9434.959)/ 2 )
=874.53/9225.5465
=9.48 %

Shenzhen Goodix Technology 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 )
=514.332/( ( (11059.407 - 1624.448) + (10806.257 - 1369.384) )/ 2 )
=514.332/( ( 9434.959 + 9436.873 )/ 2 )
=514.332/9435.916
=5.45 %

(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 5.45% mean?
Shenzhen Goodix Technology Co (SHSE:603160) has a ROCE % of 5.45% as of Mar. 2026.
Is Shenzhen Goodix Technology Co's ROCE % too high?
Shenzhen Goodix Technology Co's current ROCE % is 5.45%. The Software industry median ROCE % is 5.19. Shenzhen Goodix Technology Co's value of 5.45% is 5% above this industry median. Overall, Shenzhen Goodix Technology Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Goodix Technology Co's ROCE % compare to UBER and SHOP?
Shenzhen Goodix Technology Co's ROCE % of 5.45% can be compared against companies in the Software industry. The industry median ROCE % is 5.19. Shenzhen Goodix Technology Co's value of 5.45% is 5% 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 Software company?
The median ROCE % among Software companies is 5.19, based on 2,711 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. Shenzhen Goodix Technology Co's current ROCE % of 5.45% is 5% 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 Software industry, the median ROCE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Goodix Technology Co's current ROCE % is 5.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Goodix Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Goodix Technology Co (SHSE:603160) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥78.36, compared to a current price of ¥59.03 — trading 24.7% below its estimated fair value. The current ROCE % is 5.45% and 5% above the Software industry median of 5.19. Shenzhen Goodix Technology Co's overall GF Score™ is 65/100 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 Shenzhen Goodix Technology Co (SHSE:603160), the current ROCE % is 5.45% 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 Shenzhen Goodix Technology Co (SHSE:603160) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Goodix Technology Co stock appears to be undervalued. The current stock price of ¥59.03 is trading 24.7% below its estimated GF Value™ of ¥78.36. GuruFocus considers Shenzhen Goodix Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:603160:

  • ROCE %: 5.45%
  • GF Value™: ¥78.36 vs. price of ¥59.03 (24.7% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 5% above the Software median

No single metric tells the full story. See the SHSE:603160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shenzhen Goodix Technology Co Business Description

Address No. 1, Meikang Road, 26th Floor, Goodix Technology Headquarters Building, Futian District, Shenzhen, CHN, 518000
Shenzhen Goodix Technology Co Ltd is a China-based company mainly engaged in the research and development of chips. The company develops capacitive touch controllers and fingerprint recognition chips, serving applications in smart devices, IoT, and automotive electronics. It is also engaged in software development. The company's products and solutions are used by various mobile brands Huawei, OPPO, Vivo, Xiaomi, Amazon, Samsung, Dell, Nokia, LG, ASUS, and others.
65GF Score

Get the complete analysis for SHSE:603160

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

¥59.03
Price
¥78.36
GF Value