Shanghai Flyco Electrical Appliance Co (SHSE:603868) ROCE %: 25.76% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603868 Shanghai Flyco Electrical Appliance Co Ltd SHSE:603868
87 GF Score
Price ¥29.28
GF Value ¥35.42
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Shanghai Flyco Electrical Appliance Co ROCE %?

Shanghai Flyco Electrical Appliance Co SHSE:603868 -2.07% 87 ROCE % is 25.76% as of Mar. 2026. GuruFocus rates SHSE:603868 with a GF Score™ of 87/100 and a GF Value™ of ¥35.42 (Modestly Undervalued). 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. Shanghai Flyco Electrical Appliance Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 25.76%.


Shanghai Flyco Electrical Appliance Co  (SHSE:603868) 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.


Shanghai Flyco Electrical Appliance Co ROCE % Related Terms


Shanghai Flyco Electrical Appliance Co ROCE % Historical Data

* Premium members only.

The historical data trend for Shanghai Flyco Electrical Appliance 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.

Shanghai Flyco Electrical Appliance Co ROCE % Chart

Shanghai Flyco Electrical Appliance 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 27.48 32.58 34.84 16.72 19.64

Shanghai Flyco Electrical Appliance 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 27.64 21.10 20.22 9.62 25.76
SHSE:603868
87GF Score
Shanghai Flyco Electrical Appliance Co Ltd SHSE:603868
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Flyco Electrical Appliance Co ROCE % Calculation

Shanghai Flyco Electrical Appliance 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 )
=638.203/( ( (3775.976 - 670.412) + (3981.533 - 588.059) )/ 2 )
=638.203/( (3105.564+3393.474)/ 2 )
=638.203/3249.519
=19.64 %

Shanghai Flyco Electrical Appliance 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 )
=898.104/( ( (3981.533 - 588.059) + (4091.241 - 512.509) )/ 2 )
=898.104/( ( 3393.474 + 3578.732 )/ 2 )
=898.104/3486.103
=25.76 %

(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 25.76% mean?
Shanghai Flyco Electrical Appliance Co (SHSE:603868) has a ROCE % of 25.76% as of Mar. 2026.
Is Shanghai Flyco Electrical Appliance Co's ROCE % too high?
Shanghai Flyco Electrical Appliance Co's current ROCE % is 25.76%. The Consumer Packaged Goods industry median ROCE % is 8.87. Shanghai Flyco Electrical Appliance Co's value of 25.76% is 190.6% above this industry median. Overall, Shanghai Flyco Electrical Appliance Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Flyco Electrical Appliance Co's ROCE % compare to PG and CL?
Shanghai Flyco Electrical Appliance Co's ROCE % of 25.76% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.87. Shanghai Flyco Electrical Appliance Co's value of 25.76% is 190.6% 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 Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 8.87, based on 1,942 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. Shanghai Flyco Electrical Appliance Co's current ROCE % of 25.76% is 190.6% 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 Consumer Packaged Goods industry, the median ROCE % is 8.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Flyco Electrical Appliance Co's current ROCE % is 25.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Flyco Electrical Appliance Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Flyco Electrical Appliance Co (SHSE:603868) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥35.42, compared to a current price of ¥29.28 — trading 17.3% below its estimated fair value. The current ROCE % is 25.76% and 190.6% above the Consumer Packaged Goods industry median of 8.87. Shanghai Flyco Electrical Appliance Co's overall GF Score™ is 87/100 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 Shanghai Flyco Electrical Appliance Co (SHSE:603868), the current ROCE % is 25.76% 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 Shanghai Flyco Electrical Appliance Co (SHSE:603868) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Flyco Electrical Appliance Co stock appears to be undervalued. The current stock price of ¥29.28 is trading 17.3% below its estimated GF Value™ of ¥35.42. GuruFocus considers Shanghai Flyco Electrical Appliance Co to be Modestly Undervalued.

Key valuation signals for SHSE:603868:

  • ROCE %: 25.76%
  • GF Value™: ¥35.42 vs. price of ¥29.28 (17.3% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 190.6% above the Consumer Packaged Goods median

No single metric tells the full story. See the SHSE:603868 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Flyco Electrical Appliance Co Business Description

Address No. 555, Guangfulin East Road, Songjiang District, Shanghai, CHN, 201603
Shanghai Flyco Electrical Appliance Co Ltd is a China-based company engaged in the manufacturing and marketing of shaver and personal care electrical appliances. Its product portfolio comprises of the shaver, hair drier, hair clipper, hair straightener, hair curler, electric iron, garment steamer, lint remover, nose hair trimmer, robot vacuum cleaner and others. The company's products are sold in China and other countries.
87GF Score

Get the complete analysis for SHSE:603868

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

¥29.28
Price
¥35.42
GF Value