Hoyuan Green Energy Co (SHSE:603185) ROCE %: -6.22% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

SHSE:603185 Hoyuan Green Energy Co Ltd SHSE:603185
79 GF Score
Price ¥13.68
GF Value ¥18.01
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Hoyuan Green Energy Co ROCE %?

Hoyuan Green Energy Co SHSE:603185 +2.01% 79 ROCE % is -6.22% as of Mar. 2026. GuruFocus rates SHSE:603185 with a GF Score™ of 79/100 and a GF Value™ of ¥18.01 (Modestly Undervalued). The stock has 4 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. Hoyuan Green Energy Co's annualized ROCE % for the quarter that ended in Mar. 2026 was -6.22%.


Hoyuan Green Energy Co  (SHSE:603185) 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.


Hoyuan Green Energy Co ROCE % Related Terms


Hoyuan Green Energy Co ROCE % Historical Data

* Premium members only.

The historical data trend for Hoyuan Green Energy 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.

Hoyuan Green Energy Co ROCE % Chart

Hoyuan Green Energy 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 36.58 33.54 6.15 -19.34 3.40

Hoyuan Green Energy 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 -0.54 -9.10 21.80 1.66 -6.22
SHSE:603185
79GF Score
Hoyuan Green Energy Co Ltd SHSE:603185
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoyuan Green Energy Co ROCE % Calculation

Hoyuan Green Energy 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 )
=436.214/( ( (29222.794 - 16489.835) + (26810.825 - 13879.892) )/ 2 )
=436.214/( (12732.959+12930.933)/ 2 )
=436.214/12831.946
=3.40 %

Hoyuan Green Energy 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 )
=-787.004/( ( (26810.825 - 13879.892) + (27067.921 - 14701.373) )/ 2 )
=-787.004/( ( 12930.933 + 12366.548 )/ 2 )
=-787.004/12648.7405
=-6.22 %

(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 -6.22% mean?
Hoyuan Green Energy Co (SHSE:603185) has a ROCE % of -6.22% as of Mar. 2026.
Is Hoyuan Green Energy Co's ROCE % too high?
Hoyuan Green Energy Co's current ROCE % is -6.22%. Overall, Hoyuan Green Energy Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoyuan Green Energy Co's ROCE % compare to GEV and ETN?
Hoyuan Green Energy Co's ROCE % of -6.22% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.09. 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 Industrial Products company?
The median ROCE % among Industrial Products companies is 7.09, based on 3,031 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. 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 Industrial Products industry, the median ROCE % is 7.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoyuan Green Energy Co's current ROCE % is -6.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoyuan Green Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Hoyuan Green Energy Co (SHSE:603185) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.01, compared to a current price of ¥13.68 — trading 24% below its estimated fair value. The current ROCE % is -6.22%. Hoyuan Green Energy Co's overall GF Score™ is 79/100 with 4 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 Hoyuan Green Energy Co (SHSE:603185), the current ROCE % is -6.22% 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 Hoyuan Green Energy Co (SHSE:603185) Overvalued in 2026?

Based on GuruFocus' analysis, Hoyuan Green Energy Co stock appears to be undervalued. The current stock price of ¥13.68 is trading 24% below its estimated GF Value™ of ¥18.01. GuruFocus considers Hoyuan Green Energy Co to be Modestly Undervalued.

Key valuation signals for SHSE:603185:

  • ROCE %: -6.22%
  • GF Value™: ¥18.01 vs. price of ¥13.68 (24% below fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoyuan Green Energy Co Business Description

Address No.158, Nanhu Middle Road, Xuelang Street, Binhu District, Jiangsu Province, Wuxi, CHN, 214128
Hoyuan Green Energy Co Ltd is engaged in R&D, production and sales of precision machine tools.
79GF Score

Get the complete analysis for SHSE:603185

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

¥13.68
Price
¥18.01
GF Value