Solbar Ningbo Protein Technology Co (SHSE:603231) ROCE %: 7.39% (As of Mar. 2026)


SHSE:603231 Solbar Ningbo Protein Technology Co Ltd SHSE:603231
33 GF Score
Price ¥15.79
! 1 Warning Sign
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What is Solbar Ningbo Protein Technology Co ROCE %?

Solbar Ningbo Protein Technology Co SHSE:603231 +1.81% 33 ROCE % is 7.39% as of Mar. 2026. GuruFocus rates SHSE:603231 with a GF Score™ of 33/100. The stock has 1 warning sign 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. Solbar Ningbo Protein Technology Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.39%.

Solbar Ningbo Protein Technology Co  (SHSE:603231) 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.

Solbar Ningbo Protein Technology Co ROCE % Related Terms

Solbar Ningbo Protein Technology Co ROCE % Historical Data

* Premium members only.

The historical data trend for Solbar Ningbo Protein 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.

Solbar Ningbo Protein Technology Co ROCE % Chart

Solbar Ningbo Protein Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 22.64 26.52 12.61 7.50 11.41

Solbar Ningbo Protein Technology Co Quarterly Data
Dec19 Dec20 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 11.19 13.03 11.84 9.76 7.39
SHSE:603231
33GF Score
Solbar Ningbo Protein Technology Co Ltd SHSE:603231
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solbar Ningbo Protein Technology Co ROCE % Calculation

Solbar Ningbo Protein 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 )
=223.677/( ( (2084.65 - 190.831) + (2269.214 - 241.494) )/ 2 )
=223.677/( (1893.819+2027.72)/ 2 )
=223.677/1960.7695
=11.41 %

Solbar Ningbo Protein 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 )
=150.58/( ( (2269.214 - 241.494) + (2265.618 - 217.499) )/ 2 )
=150.58/( ( 2027.72 + 2048.119 )/ 2 )
=150.58/2037.9195
=7.39 %

(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 7.39% mean?
Solbar Ningbo Protein Technology Co (SHSE:603231) has a ROCE % of 7.39% as of Mar. 2026.
Is Solbar Ningbo Protein Technology Co's ROCE % too high?
Solbar Ningbo Protein Technology Co's current ROCE % is 7.39%. The Consumer Packaged Goods industry median ROCE % is 8.75. Solbar Ningbo Protein Technology Co's value of 7.39% is 15.5% below this industry median. Overall, Solbar Ningbo Protein Technology Co has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Solbar Ningbo Protein Technology Co's ROCE % compare to KHC and GIS?
Solbar Ningbo Protein Technology Co's ROCE % of 7.39% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.75. Solbar Ningbo Protein Technology Co's value of 7.39% is 15.5% 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 a Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 8.75, based on 1,933 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. Solbar Ningbo Protein Technology Co's current ROCE % of 7.39% is 15.5% 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 Consumer Packaged Goods industry, the median ROCE % is 8.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solbar Ningbo Protein Technology Co's current ROCE % is 7.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solbar Ningbo Protein Technology Co stock overvalued right now?
Solbar Ningbo Protein Technology Co (SHSE:603231) has a current ROCE % of 7.39%. The current ROCE % is 7.39% and 15.5% below the Consumer Packaged Goods industry median of 8.75. Solbar Ningbo Protein Technology Co's overall GF Score™ is 33/100 with 1 warning sign 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 Solbar Ningbo Protein Technology Co (SHSE:603231), the current ROCE % is 7.39% 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.

Solbar Ningbo Protein Technology Co Business Description

Address No. 12, Xingye Avenue, Ningbo Free Trade Zone, Zhejiang Province, Ningbo, CHN, 315800
Solbar Ningbo Protein Technology Co Ltd is engaged in the production and sales of soy protein series products. Its products include Functional Soy Protein Concentrates, Textured Soy Protein Concentrates, Textured Soy Protein, Textured Fibrous Vegetable Protein, Isolated Soy Protein and Defatted Soy Flour.
33GF Score

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

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