Jingjin Equipment (SHSE:603279) ROCE %: 14.11% (As of Mar. 2026)

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SHSE:603279 Jingjin Equipment Inc SHSE:603279
90 GF Score
Price ¥13.06
GF Value ¥18.36
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Jingjin Equipment ROCE %?

Jingjin Equipment SHSE:603279 -2.90% 90 ROCE % is 14.11% as of Mar. 2026. GuruFocus rates SHSE:603279 with a GF Score™ of 90/100 and a GF Value™ of ¥18.36 (Modestly Undervalued). 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. Jingjin Equipment's annualized ROCE % for the quarter that ended in Mar. 2026 was 14.11%.

Jingjin Equipment  (SHSE:603279) 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.

Jingjin Equipment ROCE % Related Terms

Jingjin Equipment ROCE % Historical Data

* Premium members only.

The historical data trend for Jingjin Equipment'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.

Jingjin Equipment ROCE % Chart

Jingjin Equipment 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 24.88 28.11 29.67 23.88 14.92

Jingjin Equipment 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 18.88 18.06 12.09 9.20 14.11
SHSE:603279
90GF Score
Jingjin Equipment Inc SHSE:603279
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jingjin Equipment ROCE % Calculation

Jingjin Equipment'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 )
=695.362/( ( (8672.532 - 4001.519) + (8660.642 - 4013.33) )/ 2 )
=695.362/( (4671.013+4647.312)/ 2 )
=695.362/4659.1625
=14.92 %

Jingjin Equipment'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 )
=664.14/( ( (8660.642 - 4013.33) + (8764.955 - 3998.074) )/ 2 )
=664.14/( ( 4647.312 + 4766.881 )/ 2 )
=664.14/4707.0965
=14.11 %

(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 14.11% mean?
Jingjin Equipment (SHSE:603279) has a ROCE % of 14.11% as of Mar. 2026.
Is Jingjin Equipment's ROCE % too high?
Jingjin Equipment's current ROCE % is 14.11%. The Industrial Products industry median ROCE % is 7.14. Jingjin Equipment's value of 14.11% is 97.6% above this industry median. Overall, Jingjin Equipment has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jingjin Equipment's ROCE % compare to VLTO and ZWS?
Jingjin Equipment's ROCE % of 14.11% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.14. Jingjin Equipment's value of 14.11% is 97.6% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.14, based on 3,028 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. Jingjin Equipment's current ROCE % of 14.11% is 97.6% 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 Industrial Products industry, the median ROCE % is 7.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jingjin Equipment's current ROCE % is 14.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jingjin Equipment stock overvalued right now?
Based on GuruFocus' analysis, Jingjin Equipment (SHSE:603279) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.36, compared to a current price of ¥13.06 — trading 28.9% below its estimated fair value. The current ROCE % is 14.11% and 97.6% above the Industrial Products industry median of 7.14. Jingjin Equipment's overall GF Score™ is 90/100 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 Jingjin Equipment (SHSE:603279), the current ROCE % is 14.11% 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 Jingjin Equipment (SHSE:603279) Overvalued in 2026?

Based on GuruFocus' analysis, Jingjin Equipment stock appears to be undervalued. The current stock price of ¥13.06 is trading 28.9% below its estimated GF Value™ of ¥18.36. GuruFocus considers Jingjin Equipment to be Modestly Undervalued.

Key valuation signals for SHSE:603279:

  • ROCE %: 14.11%
  • GF Value™: ¥18.36 vs. price of ¥13.06 (28.9% below fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 97.6% above the Industrial Products median

No single metric tells the full story. See the SHSE:603279 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jingjin Equipment Business Description

Address North Head of Jinghua Road, Dezhou economic development zone, Shandong Province, Dezhou, CHN, 253034
Jingjin Equipment Inc is an environmental protection service provider of filter outfit production, filter technology overall plan solution and environment protection project contraction and operation. The comapny is engaged in the development of energy conservation and environment protection career, providing consumers by cost-effective products and professional quality service. Its products include pressure filter, vibrating centrifuge, blender, conveyor, automatic reagent feeder, double drive thickener, mud scraper, and cake breaker.
90GF Score

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

¥13.06
Price
¥18.36
GF Value