Ananda Drive Techniques (Shanghai) Co (SHSE:603350) ROCE %: 8.19% (As of Mar. 2026)

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SHSE:603350 Ananda Drive Techniques (Shanghai) Co Ltd SHSE:603350
42 GF Score
Price ¥26.53
! 6 Warning Signs
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What is Ananda Drive Techniques (Shanghai) Co ROCE %?

Ananda Drive Techniques (Shanghai) Co SHSE:603350 +2.00% 42 ROCE % is 8.19% as of Mar. 2026. GuruFocus rates SHSE:603350 with a GF Score™ of 42/100. The stock has 6 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. Ananda Drive Techniques (Shanghai) Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.19%.

Ananda Drive Techniques (Shanghai) Co  (SHSE:603350) 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.

Ananda Drive Techniques (Shanghai) Co ROCE % Related Terms

Ananda Drive Techniques (Shanghai) Co ROCE % Historical Data

* Premium members only.

The historical data trend for Ananda Drive Techniques (Shanghai) 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.

Ananda Drive Techniques (Shanghai) Co ROCE % Chart

Ananda Drive Techniques (Shanghai) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.97 32.97 24.38 11.28 8.99

Ananda Drive Techniques (Shanghai) Co Quarterly Data
Jun17 Dec19 Dec20 Dec21 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 10.33 13.55 6.49 6.13 8.19
SHSE:603350
42GF Score
Ananda Drive Techniques (Shanghai) Co Ltd SHSE:603350
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ananda Drive Techniques (Shanghai) Co ROCE % Calculation

Ananda Drive Techniques (Shanghai) 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 )
=129.88/( ( (2184.439 - 748.646) + (2418.977 - 966.47) )/ 2 )
=129.88/( (1435.793+1452.507)/ 2 )
=129.88/1444.15
=8.99 %

Ananda Drive Techniques (Shanghai) 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 )
=120.468/( ( (2418.977 - 966.47) + (2484.884 - 996.477) )/ 2 )
=120.468/( ( 1452.507 + 1488.407 )/ 2 )
=120.468/1470.457
=8.19 %

(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 8.19% mean?
Ananda Drive Techniques (Shanghai) Co (SHSE:603350) has a ROCE % of 8.19% as of Mar. 2026.
Is Ananda Drive Techniques (Shanghai) Co's ROCE % too high?
Ananda Drive Techniques (Shanghai) Co's current ROCE % is 8.19%. The Vehicles & Parts industry median ROCE % is 8.00. Ananda Drive Techniques (Shanghai) Co's value of 8.19% is 2.4% above this industry median. Overall, Ananda Drive Techniques (Shanghai) Co has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Ananda Drive Techniques (Shanghai) Co's ROCE % compare to ORLY and AZO?
Ananda Drive Techniques (Shanghai) Co's ROCE % of 8.19% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 8.00. Ananda Drive Techniques (Shanghai) Co's value of 8.19% is 2.4% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 8.00, based on 1,316 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. Ananda Drive Techniques (Shanghai) Co's current ROCE % of 8.19% is 2.4% 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 Vehicles & Parts industry, the median ROCE % is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ananda Drive Techniques (Shanghai) Co's current ROCE % is 8.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ananda Drive Techniques (Shanghai) Co stock overvalued right now?
Ananda Drive Techniques (Shanghai) Co (SHSE:603350) has a current ROCE % of 8.19%. The current ROCE % is 8.19% and 2.4% above the Vehicles & Parts industry median of 8.00. Ananda Drive Techniques (Shanghai) Co's overall GF Score™ is 42/100 with 6 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 Ananda Drive Techniques (Shanghai) Co (SHSE:603350), the current ROCE % is 8.19% 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.

Ananda Drive Techniques (Shanghai) Co Business Description

Address Guangzhong Road, 1-2 Floor, Building A, No. 19, Lane 133, Minhang District, Shanghai, CHN, 201108
Ananda Drive Techniques (Shanghai) Co Ltd is engaged in research and development, production and sales of electric drive systems for electric two-wheeled vehicles that include mid-drive, side-mounted, and hub motors, along with controllers, sensors, and HMI. Its product include eBike System, eMoped System, eMotorcycle System and eScooter System.
42GF 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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