Sanxiang Advanced Materials Co (SHSE:603663) ROCE %: 13.66% (As of Mar. 2026)


SHSE:603663 Sanxiang Advanced Materials Co Ltd SHSE:603663
60 GF Score
Price ¥81.54
GF Value ¥21.26
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Sanxiang Advanced Materials Co ROCE %?

Sanxiang Advanced Materials Co SHSE:603663 -4.95% 60 ROCE % is 13.66% as of Mar. 2026. GuruFocus rates SHSE:603663 with a GF Score™ of 60/100 and a GF Value™ of ¥21.26 (Significantly Overvalued). 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. Sanxiang Advanced Materials Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 13.66%.


Sanxiang Advanced Materials Co  (SHSE:603663) 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.


Sanxiang Advanced Materials Co ROCE % Related Terms


Sanxiang Advanced Materials Co ROCE % Historical Data

* Premium members only.

The historical data trend for Sanxiang Advanced Materials 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.

Sanxiang Advanced Materials Co ROCE % Chart

Sanxiang Advanced Materials 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 11.51 14.56 6.49 5.93 10.43

Sanxiang Advanced Materials 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 3.66 12.41 10.35 15.27 13.66
SHSE:603663
60GF Score
Sanxiang Advanced Materials Co Ltd SHSE:603663
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanxiang Advanced Materials Co ROCE % Calculation

Sanxiang Advanced Materials 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 )
=150.371/( ( (2048.468 - 647.139) + (2033.636 - 552.482) )/ 2 )
=150.371/( (1401.329+1481.154)/ 2 )
=150.371/1441.2415
=10.43 %

Sanxiang Advanced Materials 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 )
=203.94/( ( (2033.636 - 552.482) + (2127.441 - 623.712) )/ 2 )
=203.94/( ( 1481.154 + 1503.729 )/ 2 )
=203.94/1492.4415
=13.66 %

(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 13.66% mean?
Sanxiang Advanced Materials Co (SHSE:603663) has a ROCE % of 13.66% as of Mar. 2026.
Is Sanxiang Advanced Materials Co's ROCE % too high?
Sanxiang Advanced Materials Co's current ROCE % is 13.66%. The Chemicals industry median ROCE % is 6.42. Sanxiang Advanced Materials Co's value of 13.66% is 112.8% above this industry median. Overall, Sanxiang Advanced Materials Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanxiang Advanced Materials Co's ROCE % compare to LIN and SHW?
Sanxiang Advanced Materials Co's ROCE % of 13.66% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Sanxiang Advanced Materials Co's value of 13.66% is 112.8% 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 Chemicals company?
The median ROCE % among Chemicals companies is 6.42, based on 1,585 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. Sanxiang Advanced Materials Co's current ROCE % of 13.66% is 112.8% 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 Chemicals industry, the median ROCE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanxiang Advanced Materials Co's current ROCE % is 13.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanxiang Advanced Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Sanxiang Advanced Materials Co (SHSE:603663) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥21.26, compared to a current price of ¥81.54 — trading 283.5% above its estimated fair value. The current ROCE % is 13.66% and 112.8% above the Chemicals industry median of 6.42. Sanxiang Advanced Materials Co's overall GF Score™ is 60/100 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 Sanxiang Advanced Materials Co (SHSE:603663), the current ROCE % is 13.66% 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 Sanxiang Advanced Materials Co (SHSE:603663) Overvalued in 2026?

Based on GuruFocus' analysis, Sanxiang Advanced Materials Co stock appears to be overvalued. The current stock price of ¥81.54 is trading 283.5% above its estimated GF Value™ of ¥21.26. GuruFocus considers Sanxiang Advanced Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:603663:

  • ROCE %: 13.66%
  • GF Value™: ¥21.26 vs. price of ¥81.54 (283.5% above fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 112.8% above the Chemicals median

No single metric tells the full story. See the SHSE:603663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanxiang Advanced Materials Co Business Description

Address No. 292, Jiefang Street, Shouning County, Fujian Province, Ningde, CHN, 355500
Sanxiang Advanced Materials Co Ltd produces, manufactures, and sells new materials such as varieties of zirconia, magnesium, and advanced ceramics. Its products are widely used in aerospace, military, fire-resistant and wear-resistant materials, ceramic glazes, and other industries. The company's business segments include the zirconium series, magnesium series, and advanced ceramic series through which it offers products like nano zirconium oxide, zirconium oxychloride, lightweight new materials, casting new materials, magnesium aluminum alloys, and others.
60GF Score

Get the complete analysis for SHSE:603663

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

¥81.54
Price
¥21.26
GF Value