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Jiangsu Zhenjiang New Energy Equipment Co (SHSE:603507) 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.
Jiangsu Zhenjiang New Energy Equipment Co ROCE % Related Terms
Jiangsu Zhenjiang New Energy Equipment Co ROCE % Historical 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.
Jiangsu Zhenjiang New Energy Equipment Co ROCE % Chart
Jiangsu Zhenjiang New Energy Equipment Co Annual Data
(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.
Jiangsu Zhenjiang New Energy Equipment Co (SHSE:603507) has a ROCE % of 14.93% as of Mar. 2026.
Is Jiangsu Zhenjiang New Energy Equipment Co's ROCE % too high?
Jiangsu Zhenjiang New Energy Equipment Co's current ROCE % is 14.93%. The Industrial Products industry median ROCE % is 7.19. Jiangsu Zhenjiang New Energy Equipment Co's value of 14.93% is 107.6% above this industry median. Overall, Jiangsu Zhenjiang New Energy Equipment Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Zhenjiang New Energy Equipment Co's ROCE % compare to GEV and ETN?
Jiangsu Zhenjiang New Energy Equipment Co's ROCE % of 14.93% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.19. Jiangsu Zhenjiang New Energy Equipment Co's value of 14.93% is 107.6% 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 7.19, based on 3,026 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. Jiangsu Zhenjiang New Energy Equipment Co's current ROCE % of 14.93% is 107.6% 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 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Zhenjiang New Energy Equipment Co's current ROCE % is 14.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Zhenjiang New Energy Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Zhenjiang New Energy Equipment Co (SHSE:603507) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥22.35, compared to a current price of ¥24.73 — trading 10.6% above its estimated fair value. The current ROCE % is 14.93% and 107.6% above the Industrial Products industry median of 7.19. Jiangsu Zhenjiang New Energy Equipment Co's overall GF Score™ is 86/100 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 Jiangsu Zhenjiang New Energy Equipment Co (SHSE:603507), the current ROCE % is 14.93% 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 Jiangsu Zhenjiang New Energy Equipment Co (SHSE:603507) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Zhenjiang New Energy Equipment Co stock appears to be overvalued.
The current stock price of ¥24.73 is trading 10.6% above its estimated GF Value™ of ¥22.35.
GuruFocus considers Jiangsu Zhenjiang New Energy Equipment Co to be Modestly Overvalued.
Key valuation signals for SHSE:603507:
ROCE %: 14.93%
GF Value™: ¥22.35 vs. price of ¥24.73 (10.6% above fair value)
Industry Position: 107.6% above the Industrial Products median
No single metric tells the full story. See the SHSE:603507 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Zhenjiang New Energy Equipment Co Ltd is engaged in the research and development, production and sales of port machinery, wind power accessories, electrolytic aluminum machinery and engineering machinery steel structural parts. Its products include wind energy generator nacelle cover, wind energy generator rotor room, wind energy generator stator, wind power generator stator, and photovoltaic power system professional support.
86GF Score
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