Chongqing Wangbian Electric (Group)Corp (SHSE:603191) ROCE %: 2.80% (As of Mar. 2026)


SHSE:603191 Chongqing Wangbian Electric (Group)Corp Ltd SHSE:603191
81 GF Score
Price ¥15.68
GF Value ¥21.89
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Chongqing Wangbian Electric (Group)Corp ROCE %?

Chongqing Wangbian Electric (Group)Corp SHSE:603191 -1.32% 81 ROCE % is 2.80% as of Mar. 2026. GuruFocus rates SHSE:603191 with a GF Score™ of 81/100 and a GF Value™ of ¥21.89 (Modestly Undervalued). The stock has 7 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. Chongqing Wangbian Electric (Group)Corp's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.80%.


Chongqing Wangbian Electric (Group)Corp  (SHSE:603191) 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.


Chongqing Wangbian Electric (Group)Corp ROCE % Related Terms


Chongqing Wangbian Electric (Group)Corp ROCE % Historical Data

* Premium members only.

The historical data trend for Chongqing Wangbian Electric (Group)Corp'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.

Chongqing Wangbian Electric (Group)Corp ROCE % Chart

Chongqing Wangbian Electric (Group)Corp 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 17.34 17.60 10.14 3.82 3.32

Chongqing Wangbian Electric (Group)Corp 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 3.09 6.29 4.17 -0.66 2.80
SHSE:603191
81GF Score
Chongqing Wangbian Electric (Group)Corp Ltd SHSE:603191
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chongqing Wangbian Electric (Group)Corp ROCE % Calculation

Chongqing Wangbian Electric (Group)Corp'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 )
=133.817/( ( (6531.949 - 2752.502) + (7258.387 - 2965.892) )/ 2 )
=133.817/( (3779.447+4292.495)/ 2 )
=133.817/4035.971
=3.32 %

Chongqing Wangbian Electric (Group)Corp'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 )
=118.328/( ( (7258.387 - 2965.892) + (7078.441 - 2928.682) )/ 2 )
=118.328/( ( 4292.495 + 4149.759 )/ 2 )
=118.328/4221.127
=2.80 %

(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 2.80% mean?
Chongqing Wangbian Electric (Group)Corp (SHSE:603191) has a ROCE % of 2.80% as of Mar. 2026.
Is Chongqing Wangbian Electric (Group)Corp's ROCE % too high?
Chongqing Wangbian Electric (Group)Corp's current ROCE % is 2.80%. The Industrial Products industry median ROCE % is 7.09. Chongqing Wangbian Electric (Group)Corp's value of 2.80% is 60.5% below this industry median. Overall, Chongqing Wangbian Electric (Group)Corp has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Wangbian Electric (Group)Corp's ROCE % compare to VRT and BE?
Chongqing Wangbian Electric (Group)Corp's ROCE % of 2.80% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.09. Chongqing Wangbian Electric (Group)Corp's value of 2.80% is 60.5% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.09, based on 3,027 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. Chongqing Wangbian Electric (Group)Corp's current ROCE % of 2.80% is 60.5% 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 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. Chongqing Wangbian Electric (Group)Corp's current ROCE % is 2.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Wangbian Electric (Group)Corp stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Wangbian Electric (Group)Corp (SHSE:603191) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.89, compared to a current price of ¥15.68 — trading 28.4% below its estimated fair value. The current ROCE % is 2.80% and 60.5% below the Industrial Products industry median of 7.09. Chongqing Wangbian Electric (Group)Corp's overall GF Score™ is 81/100 with 7 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 Chongqing Wangbian Electric (Group)Corp (SHSE:603191), the current ROCE % is 2.80% 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 Chongqing Wangbian Electric (Group)Corp (SHSE:603191) Overvalued in 2026?

Based on GuruFocus' analysis, Chongqing Wangbian Electric (Group)Corp stock appears to be undervalued. The current stock price of ¥15.68 is trading 28.4% below its estimated GF Value™ of ¥21.89. GuruFocus considers Chongqing Wangbian Electric (Group)Corp to be Modestly Undervalued.

Key valuation signals for SHSE:603191:

  • ROCE %: 2.80%
  • GF Value™: ¥21.89 vs. price of ¥15.68 (28.4% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 60.5% below the Industrial Products median

No single metric tells the full story. See the SHSE:603191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chongqing Wangbian Electric (Group)Corp Business Description

Address No. 10, Qixin East Road, Yanjia Street, Changshou District, Chongqing, CHN, 401220
Chongqing Wangbian Electric (Group)Corp Ltd is engaged in the research and development, production and sales of power transmission and distribution and control equipment and grain-oriented silicon steel.
81GF Score

Get the complete analysis for SHSE:603191

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

¥15.68
Price
¥21.89
GF Value