Zhejiang Wazam New Materials Co (SHSE:603186) ROCE %: 5.44% (As of Mar. 2026)


SHSE:603186 Zhejiang Wazam New Materials Co Ltd SHSE:603186
60 GF Score
Price ¥196.00
GF Value ¥40.25
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Zhejiang Wazam New Materials Co ROCE %?

Zhejiang Wazam New Materials Co SHSE:603186 -7.94% 60 ROCE % is 5.44% as of Mar. 2026. GuruFocus rates SHSE:603186 with a GF Score™ of 60/100 and a GF Value™ of ¥40.25 (Significantly Overvalued). The stock has 8 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 Wazam New Materials Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.44%.

Zhejiang Wazam New Materials Co  (SHSE:603186) 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 Wazam New Materials Co ROCE % Related Terms

Zhejiang Wazam New Materials Co ROCE % Historical Data

* Premium members only.

The historical data trend for Zhejiang Wazam 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.

Zhejiang Wazam New Materials Co ROCE % Chart

Zhejiang Wazam New Materials 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 15.92 2.43 -3.14 -0.85 13.11

Zhejiang Wazam 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 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 4.54 6.79 4.24 37.56 5.44
SHSE:603186
60GF Score
Zhejiang Wazam New Materials Co Ltd SHSE:603186
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Wazam New Materials Co ROCE % Calculation

Zhejiang Wazam 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 )
=379.51/( ( (6112.56 - 3251.262) + (6334.546 - 3404.651) )/ 2 )
=379.51/( (2861.298+2929.895)/ 2 )
=379.51/2895.5965
=13.11 %

Zhejiang Wazam 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 )
=160.028/( ( (6334.546 - 3404.651) + (6652.133 - 3703.263) )/ 2 )
=160.028/( ( 2929.895 + 2948.87 )/ 2 )
=160.028/2939.3825
=5.44 %

(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 5.44% mean?
Zhejiang Wazam New Materials Co (SHSE:603186) has a ROCE % of 5.44% as of Mar. 2026.
Is Zhejiang Wazam New Materials Co's ROCE % too high?
Zhejiang Wazam New Materials Co's current ROCE % is 5.44%. The Hardware industry median ROCE % is 5.84. Zhejiang Wazam New Materials Co's value of 5.44% is 6.8% below this industry median. Overall, Zhejiang Wazam New Materials Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Wazam New Materials Co's ROCE % compare to APH and GLW?
Zhejiang Wazam New Materials Co's ROCE % of 5.44% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.84. Zhejiang Wazam New Materials Co's value of 5.44% is 6.8% 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 Hardware company?
The median ROCE % among Hardware companies is 5.84, based on 2,448 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 Wazam New Materials Co's current ROCE % of 5.44% is 6.8% 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 Hardware industry, the median ROCE % is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Wazam New Materials Co's current ROCE % is 5.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Wazam New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Wazam New Materials Co (SHSE:603186) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥40.25, compared to a current price of ¥196.00 — trading 387% above its estimated fair value. The current ROCE % is 5.44% and 6.8% below the Hardware industry median of 5.84. Zhejiang Wazam New Materials Co's overall GF Score™ is 60/100 with 8 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 Wazam New Materials Co (SHSE:603186), the current ROCE % is 5.44% 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 Wazam New Materials Co (SHSE:603186) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Wazam New Materials Co stock appears to be overvalued. The current stock price of ¥196.00 is trading 387% above its estimated GF Value™ of ¥40.25. GuruFocus considers Zhejiang Wazam New Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:603186:

  • ROCE %: 5.44%
  • GF Value™: ¥40.25 vs. price of ¥196.00 (387% above fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 6.8% below the Hardware median

No single metric tells the full story. See the SHSE:603186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Wazam New Materials Co Business Description

Address No. 2, Huayi Road, Yuhang Street, Wazam Sci-Tech Park, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311121
Zhejiang Wazam New Materials Co Ltd formerly Zhejiang Huazheng New Material Co Ltd is a China based company manufactures components for computer, medical equipment, communication equipment, automotive electronic, rail transit, new energy and other different uses. The company distributes its products in both Chinese and other international markets.
60GF Score

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

¥196.00
Price
¥40.25
GF Value