Zhejiang Jiecang Linear Motion Technology Co (SHSE:603583) ROCE %: 5.30% (As of Mar. 2026)


SHSE:603583 Zhejiang Jiecang Linear Motion Technology Co Ltd SHSE:603583
81 GF Score
Price ¥23.72
GF Value ¥32.25
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Zhejiang Jiecang Linear Motion Technology Co ROCE %?

Zhejiang Jiecang Linear Motion Technology Co SHSE:603583 -2.31% 81 ROCE % is 5.30% as of Mar. 2026. GuruFocus rates SHSE:603583 with a GF Score™ of 81/100 and a GF Value™ of ¥32.25 (Modestly Undervalued). The stock has 5 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. Zhejiang Jiecang Linear Motion Technology Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.30%.

Zhejiang Jiecang Linear Motion Technology Co  (SHSE:603583) 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.

Zhejiang Jiecang Linear Motion Technology Co ROCE % Related Terms

Zhejiang Jiecang Linear Motion Technology Co ROCE % Historical Data

* Premium members only.

The historical data trend for Zhejiang Jiecang Linear Motion Technology 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.

Zhejiang Jiecang Linear Motion Technology Co ROCE % Chart

Zhejiang Jiecang Linear Motion Technology 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 7.33 8.75 5.86 8.07 10.37

Zhejiang Jiecang Linear Motion Technology 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 11.62 16.34 10.46 2.54 5.30
SHSE:603583
81GF Score
Zhejiang Jiecang Linear Motion Technology Co Ltd SHSE:603583
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Jiecang Linear Motion Technology Co ROCE % Calculation

Zhejiang Jiecang Linear Motion Technology 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 )
=492.235/( ( (6494.172 - 1952.968) + (6843.007 - 1891.231) )/ 2 )
=492.235/( (4541.204+4951.776)/ 2 )
=492.235/4746.49
=10.37 %

Zhejiang Jiecang Linear Motion Technology 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 )
=264.244/( ( (6843.007 - 1891.231) + (6667.852 - 1653.426) )/ 2 )
=264.244/( ( 4951.776 + 5014.426 )/ 2 )
=264.244/4983.101
=5.30 %

(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 5.30% mean?
Zhejiang Jiecang Linear Motion Technology Co (SHSE:603583) has a ROCE % of 5.30% as of Mar. 2026.
Is Zhejiang Jiecang Linear Motion Technology Co's ROCE % too high?
Zhejiang Jiecang Linear Motion Technology Co's current ROCE % is 5.30%. The Industrial Products industry median ROCE % is 7.04. Zhejiang Jiecang Linear Motion Technology Co's value of 5.30% is 24.7% below this industry median. Overall, Zhejiang Jiecang Linear Motion Technology Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Jiecang Linear Motion Technology Co's ROCE % compare to GEV and ETN?
Zhejiang Jiecang Linear Motion Technology Co's ROCE % of 5.30% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.04. Zhejiang Jiecang Linear Motion Technology Co's value of 5.30% is 24.7% below 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 7.04, based on 3,023 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. Zhejiang Jiecang Linear Motion Technology Co's current ROCE % of 5.30% is 24.7% below 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 7.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Jiecang Linear Motion Technology Co's current ROCE % is 5.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Jiecang Linear Motion Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Jiecang Linear Motion Technology Co (SHSE:603583) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥32.25, compared to a current price of ¥23.72 — trading 26.4% below its estimated fair value. The current ROCE % is 5.30% and 24.7% below the Industrial Products industry median of 7.04. Zhejiang Jiecang Linear Motion Technology Co's overall GF Score™ is 81/100 with 5 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 Zhejiang Jiecang Linear Motion Technology Co (SHSE:603583), the current ROCE % is 5.30% 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 Zhejiang Jiecang Linear Motion Technology Co (SHSE:603583) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Jiecang Linear Motion Technology Co stock appears to be undervalued. The current stock price of ¥23.72 is trading 26.4% below its estimated GF Value™ of ¥32.25. GuruFocus considers Zhejiang Jiecang Linear Motion Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:603583:

  • ROCE %: 5.30%
  • GF Value™: ¥32.25 vs. price of ¥23.72 (26.4% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 24.7% below the Industrial Products median

No single metric tells the full story. See the SHSE:603583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zhejiang Jiecang Linear Motion Technology Co Business Description

Address Provincial High-tech Industrial Park, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312500
Zhejiang Jiecang Linear Motion Technology Co Ltd is mainly engaged in the research, development, and sales of linear drive systems. The company's linear drive system are widely used in medical care, smart office, smart home, industrial and other fields. Products offered by the company include electric push rod series, lifting column series, controller series, operator series, lift table series and other product series.
81GF Score

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

¥23.72
Price
¥32.25
GF Value