Zhejiang Biyi Electric Appliance Co (SHSE:603215) ROCE %: -4.13% (As of Mar. 2026)

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SHSE:603215 Zhejiang Biyi Electric Appliance Co Ltd SHSE:603215
66 GF Score
Price ¥14.05
GF Value ¥24.50
Valuation Possible Value Trap
! 10 Warning Signs
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What is Zhejiang Biyi Electric Appliance Co ROCE %?

Zhejiang Biyi Electric Appliance Co SHSE:603215 -0.92% 66 ROCE % is -4.13% as of Mar. 2026. GuruFocus rates SHSE:603215 with a GF Score™ of 66/100 and a GF Value™ of ¥24.50 (Possible Value Trap). The stock has 10 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 Biyi Electric Appliance Co's annualized ROCE % for the quarter that ended in Mar. 2026 was -4.13%.

Zhejiang Biyi Electric Appliance Co  (SHSE:603215) 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 Biyi Electric Appliance Co ROCE % Related Terms

Zhejiang Biyi Electric Appliance Co ROCE % Historical Data

* Premium members only.

The historical data trend for Zhejiang Biyi Electric Appliance 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 Biyi Electric Appliance Co ROCE % Chart

Zhejiang Biyi Electric Appliance Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 45.20 28.64 21.23 12.14 5.25

Zhejiang Biyi Electric Appliance 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 4.55 10.77 3.90 1.33 -4.13
SHSE:603215
66GF Score
Zhejiang Biyi Electric Appliance Co Ltd SHSE:603215
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Biyi Electric Appliance Co ROCE % Calculation

Zhejiang Biyi Electric Appliance 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 )
=83.301/( ( (2726.271 - 1350.286) + (3660.934 - 1864.765) )/ 2 )
=83.301/( (1375.985+1796.169)/ 2 )
=83.301/1586.077
=5.25 %

Zhejiang Biyi Electric Appliance 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 )
=-73.872/( ( (3660.934 - 1864.765) + (3830.372 - 2049.739) )/ 2 )
=-73.872/( ( 1796.169 + 1780.633 )/ 2 )
=-73.872/1788.401
=-4.13 %

(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 -4.13% mean?
Zhejiang Biyi Electric Appliance Co (SHSE:603215) has a ROCE % of -4.13% as of Mar. 2026.
Is Zhejiang Biyi Electric Appliance Co's ROCE % too high?
Zhejiang Biyi Electric Appliance Co's current ROCE % is -4.13%. Overall, Zhejiang Biyi Electric Appliance Co has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Biyi Electric Appliance Co's ROCE % compare to SN and SGI?
Zhejiang Biyi Electric Appliance Co's ROCE % of -4.13% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROCE % is 5.62. 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 Furnishings, Fixtures & Appliances company?
The median ROCE % among Furnishings, Fixtures & Appliances companies is 5.62, based on 428 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 Furnishings, Fixtures & Appliances industry, the median ROCE % is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Biyi Electric Appliance Co's current ROCE % is -4.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Biyi Electric Appliance Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Biyi Electric Appliance Co (SHSE:603215) is currently considered Possible Value Trap. The stock's GF Value™ is ¥24.50, compared to a current price of ¥14.05 — trading 42.7% below its estimated fair value. The current ROCE % is -4.13%. Zhejiang Biyi Electric Appliance Co's overall GF Score™ is 66/100 with 10 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 Biyi Electric Appliance Co (SHSE:603215), the current ROCE % is -4.13% 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 Biyi Electric Appliance Co (SHSE:603215) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Biyi Electric Appliance Co stock appears to be undervalued. The current stock price of ¥14.05 is trading 42.7% below its estimated GF Value™ of ¥24.50. GuruFocus considers Zhejiang Biyi Electric Appliance Co to be Possible Value Trap.

Key valuation signals for SHSE:603215:

  • ROCE %: -4.13%
  • GF Value™: ¥24.50 vs. price of ¥14.05 (42.7% below fair value)
  • GF Score™: 66/100 with 10 warning signs

No single metric tells the full story. See the SHSE:603215 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Biyi Electric Appliance Co Business Description

Address No. 88, Yuzhaojiang Road, Urban Economic Development Zone, Chengdong New Distric, Ningbo, Zhejiang Province, Yuyao, CHN, 315400
Zhejiang Biyi Electric Appliance Co Ltd is engaged in the design, manufacture and sale of air fryers, air ovens, deep fryers, grillers and other small heating kitchen appliances.
66GF Score

Get the complete analysis for SHSE:603215

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

¥14.05
Price
¥24.50
GF Value