Neway Valve (Suzhou) Co (SHSE:603699) ROCE %: 35.16% (As of Mar. 2026)


SHSE:603699 Neway Valve (Suzhou) Co Ltd SHSE:603699
88 GF Score
Price ¥50.97
GF Value ¥32.02
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Neway Valve (Suzhou) Co ROCE %?

Neway Valve (Suzhou) Co SHSE:603699 +4.62% 88 ROCE % is 35.16% as of Mar. 2026. GuruFocus rates SHSE:603699 with a GF Score™ of 88/100 and a GF Value™ of ¥32.02 (Significantly Overvalued). 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. Neway Valve (Suzhou) Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 35.16%.

Neway Valve (Suzhou) Co  (SHSE:603699) 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.

Neway Valve (Suzhou) Co ROCE % Related Terms

Neway Valve (Suzhou) Co ROCE % Historical Data

* Premium members only.

The historical data trend for Neway Valve (Suzhou) 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.

Neway Valve (Suzhou) Co ROCE % Chart

Neway Valve (Suzhou) 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 14.94 17.51 24.17 33.54 41.54

Neway Valve (Suzhou) 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 27.30 39.41 53.54 55.20 35.16
SHSE:603699
88GF Score
Neway Valve (Suzhou) Co Ltd SHSE:603699
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Neway Valve (Suzhou) Co ROCE % Calculation

Neway Valve (Suzhou) 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 )
=1970.418/( ( (8711.354 - 3941.146) + (10512.63 - 5795.198) )/ 2 )
=1970.418/( (4770.208+4717.432)/ 2 )
=1970.418/4743.82
=41.54 %

Neway Valve (Suzhou) 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 )
=1722.664/( ( (10512.63 - 5795.198) + (10530.002 - 5447.289) )/ 2 )
=1722.664/( ( 4717.432 + 5082.713 )/ 2 )
=1722.664/4900.0725
=35.16 %

(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 35.16% mean?
Neway Valve (Suzhou) Co (SHSE:603699) has a ROCE % of 35.16% as of Mar. 2026.
Is Neway Valve (Suzhou) Co's ROCE % too high?
Neway Valve (Suzhou) Co's current ROCE % is 35.16%. The Industrial Products industry median ROCE % is 7.05. Neway Valve (Suzhou) Co's value of 35.16% is 399.1% above this industry median. Overall, Neway Valve (Suzhou) Co has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neway Valve (Suzhou) Co's ROCE % compare to GEV and ETN?
Neway Valve (Suzhou) Co's ROCE % of 35.16% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.05. Neway Valve (Suzhou) Co's value of 35.16% is 399.1% 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 7.05, 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. Neway Valve (Suzhou) Co's current ROCE % of 35.16% is 399.1% 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 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neway Valve (Suzhou) Co's current ROCE % is 35.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neway Valve (Suzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co (SHSE:603699) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥32.02, compared to a current price of ¥50.97 — trading 59.2% above its estimated fair value. The current ROCE % is 35.16% and 399.1% above the Industrial Products industry median of 7.05. Neway Valve (Suzhou) Co's overall GF Score™ is 88/100 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 Neway Valve (Suzhou) Co (SHSE:603699), the current ROCE % is 35.16% 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 Neway Valve (Suzhou) Co (SHSE:603699) Overvalued in 2026?

Based on GuruFocus' analysis, Neway Valve (Suzhou) Co stock appears to be overvalued. The current stock price of ¥50.97 is trading 59.2% above its estimated GF Value™ of ¥32.02. GuruFocus considers Neway Valve (Suzhou) Co to be Significantly Overvalued.

Key valuation signals for SHSE:603699:

  • ROCE %: 35.16%
  • GF Value™: ¥32.02 vs. price of ¥50.97 (59.2% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 399.1% above the Industrial Products median

No single metric tells the full story. See the SHSE:603699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Neway Valve (Suzhou) Co Business Description

Address No.666 Taishan Road, New District, Suzhou, Jiangsu, CHN
Neway Valve (Suzhou) Co Ltd is a manufacturer and exporter of industrial valves. Its main products include Gate valve, globe valve, check valve, Cast steel valves, API602 forged steel valves, API603 stainless steel valves, Cryogenic Valves, Bellows Valves, Floating ball - Steel. Geographically it operates through China, however its business presence is also seen internationally.
88GF Score

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

¥50.97
Price
¥32.02
GF Value