Guangzhou Baiyun Electric Equipment Co (SHSE:603861) ROCE %: 4.09% (As of Mar. 2026)

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SHSE:603861 Guangzhou Baiyun Electric Equipment Co Ltd SHSE:603861
81 GF Score
Price ¥10.79
GF Value ¥8.70
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Guangzhou Baiyun Electric Equipment Co ROCE %?

Guangzhou Baiyun Electric Equipment Co SHSE:603861 -2.88% 81 ROCE % is 4.09% as of Mar. 2026. GuruFocus rates SHSE:603861 with a GF Score™ of 81/100 and a GF Value™ of ¥8.70 (Modestly 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. Guangzhou Baiyun Electric Equipment Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.09%.

Guangzhou Baiyun Electric Equipment Co  (SHSE:603861) 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.

Guangzhou Baiyun Electric Equipment Co ROCE % Related Terms

Guangzhou Baiyun Electric Equipment Co ROCE % Historical Data

* Premium members only.

The historical data trend for Guangzhou Baiyun Electric Equipment 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.

Guangzhou Baiyun Electric Equipment Co ROCE % Chart

Guangzhou Baiyun Electric Equipment 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 2.74 2.31 4.93 7.13 6.55

Guangzhou Baiyun Electric Equipment 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 6.13 6.11 8.01 6.15 4.09
SHSE:603861
81GF Score
Guangzhou Baiyun Electric Equipment Co Ltd SHSE:603861
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Guangzhou Baiyun Electric Equipment Co ROCE % Calculation

Guangzhou Baiyun Electric Equipment 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 )
=321.158/( ( (10008.656 - 5726.489) + (10721.357 - 5203.65) )/ 2 )
=321.158/( (4282.167+5517.707)/ 2 )
=321.158/4899.937
=6.55 %

Guangzhou Baiyun Electric Equipment 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 )
=235.188/( ( (10721.357 - 5203.65) + (10896.851 - 4925.306) )/ 2 )
=235.188/( ( 5517.707 + 5971.545 )/ 2 )
=235.188/5744.626
=4.09 %

(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 4.09% mean?
Guangzhou Baiyun Electric Equipment Co (SHSE:603861) has a ROCE % of 4.09% as of Mar. 2026.
Is Guangzhou Baiyun Electric Equipment Co's ROCE % too high?
Guangzhou Baiyun Electric Equipment Co's current ROCE % is 4.09%. The Industrial Products industry median ROCE % is 7.08. Guangzhou Baiyun Electric Equipment Co's value of 4.09% is 42.2% below this industry median. Overall, Guangzhou Baiyun Electric Equipment Co has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guangzhou Baiyun Electric Equipment Co's ROCE % compare to GEV and ETN?
Guangzhou Baiyun Electric Equipment Co's ROCE % of 4.09% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.08. Guangzhou Baiyun Electric Equipment Co's value of 4.09% is 42.2% 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 7.08, 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. Guangzhou Baiyun Electric Equipment Co's current ROCE % of 4.09% is 42.2% 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 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangzhou Baiyun Electric Equipment Co's current ROCE % is 4.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangzhou Baiyun Electric Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Guangzhou Baiyun Electric Equipment Co (SHSE:603861) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.70, compared to a current price of ¥10.79 — trading 24% above its estimated fair value. The current ROCE % is 4.09% and 42.2% below the Industrial Products industry median of 7.08. Guangzhou Baiyun Electric Equipment Co's overall GF Score™ is 81/100 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 Guangzhou Baiyun Electric Equipment Co (SHSE:603861), the current ROCE % is 4.09% 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 Guangzhou Baiyun Electric Equipment Co (SHSE:603861) Overvalued in 2026?

Based on GuruFocus' analysis, Guangzhou Baiyun Electric Equipment Co stock appears to be overvalued. The current stock price of ¥10.79 is trading 24% above its estimated GF Value™ of ¥8.70. GuruFocus considers Guangzhou Baiyun Electric Equipment Co to be Modestly Overvalued.

Key valuation signals for SHSE:603861:

  • ROCE %: 4.09%
  • GF Value™: ¥8.70 vs. price of ¥10.79 (24% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 42.2% below the Industrial Products median

No single metric tells the full story. See the SHSE:603861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Guangzhou Baiyun Electric Equipment Co Business Description

Address No.18 Daling South Road, Shenshan Industrial Zone, Jianggao Town, Baiyun District, Guangzhou, CHN, 510460
Guangzhou Baiyun Electric Equipment Co Ltd engages in the research, development, manufacture, and sales of high and low voltage switchgear assemblies and components. Its products include gas-insulated substation integrated electric equipment, high and low voltage assembly, direct current traction, low voltage components, prefabricated transformer substation, and intelligent products. Its products are used in rail transit, grid, power generation, metallurgy of iron and steel, petroleum, paper, automotive, nuclear power, municipal facilities, building, and other fields.
81GF Score

Get the complete analysis for SHSE:603861

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

¥10.79
Price
¥8.70
GF Value