Opple Lighting Co (SHSE:603515) ROCE %: 8.90% (As of Mar. 2026)

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SHSE:603515 Opple Lighting Co Ltd SHSE:603515
84 GF Score
Price ¥17.36
GF Value ¥18.01
Valuation Fairly Valued
! 2 Warning Signs
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What is Opple Lighting Co ROCE %?

Opple Lighting Co SHSE:603515 +0.99% 84 ROCE % is 8.90% as of Mar. 2026. GuruFocus rates SHSE:603515 with a GF Score™ of 84/100 and a GF Value™ of ¥18.01 (Fairly Valued). The stock has 2 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. Opple Lighting Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.90%.

Opple Lighting Co  (SHSE:603515) 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.

Opple Lighting Co ROCE % Related Terms

Opple Lighting Co ROCE % Historical Data

* Premium members only.

The historical data trend for Opple Lighting 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.

Opple Lighting Co ROCE % Chart

Opple Lighting 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 19.16 15.00 16.93 15.24 15.51

Opple Lighting 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 10.16 16.74 13.23 23.25 8.90
SHSE:603515
84GF Score
Opple Lighting Co Ltd SHSE:603515
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Opple Lighting Co ROCE % Calculation

Opple Lighting 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 )
=1084.439/( ( (9677.16 - 2827.475) + (9618.65 - 2483.111) )/ 2 )
=1084.439/( (6849.685+7135.539)/ 2 )
=1084.439/6992.612
=15.51 %

Opple Lighting 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 )
=641.224/( ( (9618.65 - 2483.111) + (9558.44 - 2292.453) )/ 2 )
=641.224/( ( 7135.539 + 7265.987 )/ 2 )
=641.224/7200.763
=8.90 %

(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 8.90% mean?
Opple Lighting Co (SHSE:603515) has a ROCE % of 8.90% as of Mar. 2026.
Is Opple Lighting Co's ROCE % too high?
Opple Lighting Co's current ROCE % is 8.90%. The Furnishings, Fixtures & Appliances industry median ROCE % is 5.62. Opple Lighting Co's value of 8.90% is 58.4% above this industry median. Overall, Opple Lighting Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Opple Lighting Co's ROCE % compare to SN and SGI?
Opple Lighting Co's ROCE % of 8.90% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROCE % is 5.62. Opple Lighting Co's value of 8.90% is 58.4% 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 Furnishings, Fixtures & Appliances company?
The median ROCE % among Furnishings, Fixtures & Appliances companies is 5.62, based on 428 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. Opple Lighting Co's current ROCE % of 8.90% is 58.4% 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 Furnishings, Fixtures & Appliances industry, the median ROCE % is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Opple Lighting Co's current ROCE % is 8.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opple Lighting Co stock overvalued right now?
Based on GuruFocus' analysis, Opple Lighting Co (SHSE:603515) is currently considered Fairly Valued. The stock's GF Value™ is ¥18.01, compared to a current price of ¥17.36 — trading 3.6% below its estimated fair value. The current ROCE % is 8.90% and 58.4% above the Furnishings, Fixtures & Appliances industry median of 5.62. Opple Lighting Co's overall GF Score™ is 84/100 with 2 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 Opple Lighting Co (SHSE:603515), the current ROCE % is 8.90% 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 Opple Lighting Co (SHSE:603515) Overvalued in 2026?

Based on GuruFocus' analysis, Opple Lighting Co stock appears to be undervalued. The current stock price of ¥17.36 is trading 3.6% below its estimated GF Value™ of ¥18.01. GuruFocus considers Opple Lighting Co to be Fairly Valued.

Key valuation signals for SHSE:603515:

  • ROCE %: 8.90%
  • GF Value™: ¥18.01 vs. price of ¥17.36 (3.6% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 58.4% above the Furnishings, Fixtures & Appliances median

No single metric tells the full story. See the SHSE:603515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Opple Lighting Co Business Description

Address The MIXC, Lane 1799, Wuzhong Road, Building 3, Minhang District, Shanghai, CHN, 201103
Opple Lighting Co Ltd is a China-based integrated lighting manufacturing company. It offers electrical appliances to large-scale commercial lighting solutions. The products of the company are LED light source, LED home luminaires and LED professional luminaires. Its other products range from lamps and ceiling fixtures to electrical appliances.
84GF Score

Get the complete analysis for SHSE:603515

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

¥17.36
Price
¥18.01
GF Value