Qingdao Copton Technology Co (SHSE:603798) ROCE %: 16.78% (As of Mar. 2026)

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SHSE:603798 Qingdao Copton Technology Co Ltd SHSE:603798
74 GF Score
Price ¥11.31
GF Value ¥8.82
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Qingdao Copton Technology Co ROCE %?

Qingdao Copton Technology Co SHSE:603798 -0.35% 74 ROCE % is 16.78% as of Mar. 2026. GuruFocus rates SHSE:603798 with a GF Score™ of 74/100 and a GF Value™ of ¥8.82 (Modestly Overvalued). The stock has 6 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. Qingdao Copton Technology Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.78%.

Qingdao Copton Technology Co  (SHSE:603798) 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.

Qingdao Copton Technology Co ROCE % Related Terms

Qingdao Copton Technology Co ROCE % Historical Data

* Premium members only.

The historical data trend for Qingdao Copton 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.

Qingdao Copton Technology Co ROCE % Chart

Qingdao Copton 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 10.96 3.89 5.14 6.43 5.09

Qingdao Copton 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 20.57 0.73 -1.76 0.99 16.78
SHSE:603798
74GF Score
Qingdao Copton Technology Co Ltd SHSE:603798
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Qingdao Copton Technology Co ROCE % Calculation

Qingdao Copton 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 )
=62.499/( ( (1383.89 - 186.253) + (1417.201 - 156.95) )/ 2 )
=62.499/( (1197.637+1260.251)/ 2 )
=62.499/1228.944
=5.09 %

Qingdao Copton 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 )
=215.316/( ( (1417.201 - 156.95) + (1522.985 - 216.857) )/ 2 )
=215.316/( ( 1260.251 + 1306.128 )/ 2 )
=215.316/1283.1895
=16.78 %

(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 16.78% mean?
Qingdao Copton Technology Co (SHSE:603798) has a ROCE % of 16.78% as of Mar. 2026.
Is Qingdao Copton Technology Co's ROCE % too high?
Qingdao Copton Technology Co's current ROCE % is 16.78%. The Chemicals industry median ROCE % is 6.57. Qingdao Copton Technology Co's value of 16.78% is 155.4% above this industry median. Overall, Qingdao Copton Technology Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Copton Technology Co's ROCE % compare to LIN and SHW?
Qingdao Copton Technology Co's ROCE % of 16.78% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.57. Qingdao Copton Technology Co's value of 16.78% is 155.4% 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 Chemicals company?
The median ROCE % among Chemicals companies is 6.57, based on 1,588 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. Qingdao Copton Technology Co's current ROCE % of 16.78% is 155.4% 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 Chemicals industry, the median ROCE % is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingdao Copton Technology Co's current ROCE % is 16.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Copton Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Copton Technology Co (SHSE:603798) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.82, compared to a current price of ¥11.31 — trading 28.2% above its estimated fair value. The current ROCE % is 16.78% and 155.4% above the Chemicals industry median of 6.57. Qingdao Copton Technology Co's overall GF Score™ is 74/100 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 Qingdao Copton Technology Co (SHSE:603798), the current ROCE % is 16.78% 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 Qingdao Copton Technology Co (SHSE:603798) Overvalued in 2026?

Based on GuruFocus' analysis, Qingdao Copton Technology Co stock appears to be overvalued. The current stock price of ¥11.31 is trading 28.2% above its estimated GF Value™ of ¥8.82. GuruFocus considers Qingdao Copton Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:603798:

  • ROCE %: 16.78%
  • GF Value™: ¥8.82 vs. price of ¥11.31 (28.2% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 155.4% above the Chemicals median

No single metric tells the full story. See the SHSE:603798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Qingdao Copton Technology Co Business Description

Address No. 18, Shenzhen Road, Laoshan District, Shandong, Qingdao, CHN, 266101
Qingdao Copton Technology Co Ltd is a manufacturer and service provider of lubricants and car care products. It is engaged in the production and processing of brake fluid, additives, oil, grease and cleaning agents. Its products include automotive lubricants, industrial lubricants, automotive chemicals and automotive care products.
74GF Score

Get the complete analysis for SHSE:603798

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

¥11.31
Price
¥8.82
GF Value