Guangdong Songfa Ceramics Co (SHSE:603268) ROCE %: 32.41% (As of Mar. 2026)


SHSE:603268 Guangdong Songfa Ceramics Co Ltd SHSE:603268
69 GF Score
Price ¥143.47
GF Value ¥227.65
Valuation Possible Value Trap
! 11 Warning Signs
View Full Analysis

What is Guangdong Songfa Ceramics Co ROCE %?

Guangdong Songfa Ceramics Co SHSE:603268 -2.15% 69 ROCE % is 32.41% as of Mar. 2026. GuruFocus rates SHSE:603268 with a GF Score™ of 69/100 and a GF Value™ of ¥227.65 (Possible Value Trap). The stock has 11 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. Guangdong Songfa Ceramics Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 32.41%.

Guangdong Songfa Ceramics Co  (SHSE:603268) 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.

Guangdong Songfa Ceramics Co ROCE % Related Terms

Guangdong Songfa Ceramics Co ROCE % Historical Data

* Premium members only.

The historical data trend for Guangdong Songfa Ceramics 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.

Guangdong Songfa Ceramics Co ROCE % Chart

Guangdong Songfa Ceramics 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 -51.83 -47.11 -55.72 10.30 30.97

Guangdong Songfa Ceramics 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 53.80 57.67 30.69 37.70 32.41
SHSE:603268
69GF Score
Guangdong Songfa Ceramics Co Ltd SHSE:603268
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guangdong Songfa Ceramics Co ROCE % Calculation

Guangdong Songfa Ceramics 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 )
=3766.303/( ( (19442.762 - 12671.978) + (49392.023 - 31839.578) )/ 2 )
=3766.303/( (6770.784+17552.445)/ 2 )
=3766.303/12161.6145
=30.97 %

Guangdong Songfa Ceramics 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 )
=6039.392/( ( (49392.023 - 31839.578) + (56978.29 - 37258.424) )/ 2 )
=6039.392/( ( 17552.445 + 19719.866 )/ 2 )
=6039.392/18636.1555
=32.41 %

(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 32.41% mean?
Guangdong Songfa Ceramics Co (SHSE:603268) has a ROCE % of 32.41% as of Mar. 2026.
Is Guangdong Songfa Ceramics Co's ROCE % too high?
Guangdong Songfa Ceramics Co's current ROCE % is 32.41%. The Furnishings, Fixtures & Appliances industry median ROCE % is 5.73. Guangdong Songfa Ceramics Co's value of 32.41% is 465.6% above this industry median. Overall, Guangdong Songfa Ceramics Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Guangdong Songfa Ceramics Co's ROCE % compare to SN and SGI?
Guangdong Songfa Ceramics Co's ROCE % of 32.41% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROCE % is 5.73. Guangdong Songfa Ceramics Co's value of 32.41% is 465.6% above 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 Furnishings, Fixtures & Appliances company?
The median ROCE % among Furnishings, Fixtures & Appliances companies is 5.73, based on 430 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. Guangdong Songfa Ceramics Co's current ROCE % of 32.41% is 465.6% above 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 Furnishings, Fixtures & Appliances industry, the median ROCE % is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Songfa Ceramics Co's current ROCE % is 32.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Songfa Ceramics Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Songfa Ceramics Co (SHSE:603268) is currently considered Possible Value Trap. The stock's GF Value™ is ¥227.65, compared to a current price of ¥143.47 — trading 37% below its estimated fair value. The current ROCE % is 32.41% and 465.6% above the Furnishings, Fixtures & Appliances industry median of 5.73. Guangdong Songfa Ceramics Co's overall GF Score™ is 69/100 with 11 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 Guangdong Songfa Ceramics Co (SHSE:603268), the current ROCE % is 32.41% 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 Guangdong Songfa Ceramics Co (SHSE:603268) Overvalued in 2026?

Based on GuruFocus' analysis, Guangdong Songfa Ceramics Co stock appears to be undervalued. The current stock price of ¥143.47 is trading 37% below its estimated GF Value™ of ¥227.65. GuruFocus considers Guangdong Songfa Ceramics Co to be Possible Value Trap.

Key valuation signals for SHSE:603268:

  • ROCE %: 32.41%
  • GF Value™: ¥227.65 vs. price of ¥143.47 (37% below fair value)
  • GF Score™: 69/100 with 11 warning signs
  • Industry Position: 465.6% above the Furnishings, Fixtures & Appliances median

No single metric tells the full story. See the SHSE:603268 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Guangdong Songfa Ceramics Co Business Description

Address No. 20, Ruyi Road Industrial Park, Building C2-2, Fengxi District, Chaozhou, CHN, 521031
Guangdong Songfa Ceramics Co Ltd is engaged in research & development, design, production and sale of daily-use ceramics products. It produces household porcelain, custom porcelain hotel porcelain and other daily-use ceramic products and also products like cover tableware, tea sets, coffee utensils, display porcelain, art collection porcelain and stainless steel, crystal And household items such as glass.
69GF Score

Get the complete analysis for SHSE:603268

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

¥143.47
Price
¥227.65
GF Value