Zhejiang Huangma Technology Co (SHSE:603181) ROCE %: 12.88% (As of Mar. 2026)


SHSE:603181 Zhejiang Huangma Technology Co Ltd SHSE:603181
85 GF Score
Price ¥16.39
GF Value ¥13.56
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Zhejiang Huangma Technology Co ROCE %?

Zhejiang Huangma Technology Co SHSE:603181 +1.05% 85 ROCE % is 12.88% as of Mar. 2026. GuruFocus rates SHSE:603181 with a GF Score™ of 85/100 and a GF Value™ of ¥13.56 (Modestly Overvalued). 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. Zhejiang Huangma Technology Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 12.88%.

Zhejiang Huangma Technology Co  (SHSE:603181) 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.

Zhejiang Huangma Technology Co ROCE % Related Terms

Zhejiang Huangma Technology Co ROCE % Historical Data

* Premium members only.

The historical data trend for Zhejiang Huangma 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.

Zhejiang Huangma Technology Co ROCE % Chart

Zhejiang Huangma 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 20.51 20.07 13.09 14.35 13.42

Zhejiang Huangma 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 13.41 14.44 14.40 11.51 12.88
SHSE:603181
85GF Score
Zhejiang Huangma Technology Co Ltd SHSE:603181
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Huangma Technology Co ROCE % Calculation

Zhejiang Huangma 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 )
=499.646/( ( (3875.093 - 394.438) + (4315.646 - 352.023) )/ 2 )
=499.646/( (3480.655+3963.623)/ 2 )
=499.646/3722.139
=13.42 %

Zhejiang Huangma 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 )
=525.94/( ( (4315.646 - 352.023) + (4541.085 - 339.865) )/ 2 )
=525.94/( ( 3963.623 + 4201.22 )/ 2 )
=525.94/4082.4215
=12.88 %

(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 12.88% mean?
Zhejiang Huangma Technology Co (SHSE:603181) has a ROCE % of 12.88% as of Mar. 2026.
Is Zhejiang Huangma Technology Co's ROCE % too high?
Zhejiang Huangma Technology Co's current ROCE % is 12.88%. The Chemicals industry median ROCE % is 6.42. Zhejiang Huangma Technology Co's value of 12.88% is 100.6% above this industry median. Overall, Zhejiang Huangma Technology Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Huangma Technology Co's ROCE % compare to LIN and SHW?
Zhejiang Huangma Technology Co's ROCE % of 12.88% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Zhejiang Huangma Technology Co's value of 12.88% is 100.6% 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 6.42, 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. Zhejiang Huangma Technology Co's current ROCE % of 12.88% is 100.6% 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 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Huangma Technology Co's current ROCE % is 12.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Huangma Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Huangma Technology Co (SHSE:603181) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥13.56, compared to a current price of ¥16.39 — trading 20.9% above its estimated fair value. The current ROCE % is 12.88% and 100.6% above the Chemicals industry median of 6.42. Zhejiang Huangma Technology Co's overall GF Score™ is 85/100 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 Zhejiang Huangma Technology Co (SHSE:603181), the current ROCE % is 12.88% 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 Zhejiang Huangma Technology Co (SHSE:603181) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Huangma Technology Co stock appears to be overvalued. The current stock price of ¥16.39 is trading 20.9% above its estimated GF Value™ of ¥13.56. GuruFocus considers Zhejiang Huangma Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:603181:

  • ROCE %: 12.88%
  • GF Value™: ¥13.56 vs. price of ¥16.39 (20.9% above fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 100.6% above the Chemicals median

No single metric tells the full story. See the SHSE:603181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Huangma Technology Co Business Description

Address Zhangzhen Industrial New District, Shangyu District, Zhejiang Province, Shaoxing, CHN, 312363
Zhejiang Huangma Technology Co Ltd is focused on the development, production and sales of speciality surfactants. Its product offering includes more than 1,200 products in the chemical fibre Oil olate, printing and textile auxiliaries plate, lubricant and metalworking fluids plate, water reducing agent plate, coating plate, silicones surfactant plate, pesticide auxiliary plate, water treatment plate, personal care plate and other surfactant plates. The products are widely applied to silicone, lubricants and metal processing, environmentally friendly coatings, composite new materials, special fibres, agrochemical additives and other downstream areas.
85GF Score

Get the complete analysis for SHSE:603181

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

¥16.39
Price
¥13.56
GF Value