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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. Jiangsu Lopal Tech Group Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.56%.
Jiangsu Lopal Tech Group Co (SHSE:603906) 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.
Jiangsu Lopal Tech Group Co ROCE % Related Terms
Jiangsu Lopal Tech Group Co ROCE % Historical 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.
(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.
Jiangsu Lopal Tech Group Co (SHSE:603906) has a ROCE % of 16.56% as of Mar. 2026.
Is Jiangsu Lopal Tech Group Co's ROCE % too high?
Jiangsu Lopal Tech Group Co's current ROCE % is 16.56%. The Oil & Gas industry median ROCE % is 6.87. Jiangsu Lopal Tech Group Co's value of 16.56% is 141% above this industry median. Overall, Jiangsu Lopal Tech Group Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Lopal Tech Group Co's ROCE % compare to MPC and VLO?
Jiangsu Lopal Tech Group Co's ROCE % of 16.56% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.87. Jiangsu Lopal Tech Group Co's value of 16.56% is 141% 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 Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.87, based on 976 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. Jiangsu Lopal Tech Group Co's current ROCE % of 16.56% is 141% 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 Oil & Gas industry, the median ROCE % is 6.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Lopal Tech Group Co's current ROCE % is 16.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Lopal Tech Group Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Lopal Tech Group Co (SHSE:603906) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.36, compared to a current price of ¥18.35 — trading 61.5% above its estimated fair value. The current ROCE % is 16.56% and 141% above the Oil & Gas industry median of 6.87. Jiangsu Lopal Tech Group Co's overall GF Score™ is 63/100 with 10 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 Jiangsu Lopal Tech Group Co (SHSE:603906), the current ROCE % is 16.56% 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 Jiangsu Lopal Tech Group Co (SHSE:603906) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Lopal Tech Group Co stock appears to be overvalued.
The current stock price of ¥18.35 is trading 61.5% above its estimated GF Value™ of ¥11.36.
GuruFocus considers Jiangsu Lopal Tech Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:603906:
ROCE %: 16.56%
GF Value™: ¥11.36 vs. price of ¥18.35 (61.5% above fair value)
Industry Position: 141% above the Oil & Gas median
No single metric tells the full story. See the SHSE:603906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Lopal Tech Group Co Ltd and its subsidiaries are principally engaged in the production and sale of lithium iron phosphate (LFP) cathode materials and automotive specialty chemicals. Its product offerings mainly include lithium cathode materials used in new energy vehicles and energy storage products; and automotive and industrial lubricants, diesel engine exhaust treatment fluids, coolants, and a variety of automotive maintenance products, marketed under Lopal, Kelas, and Teec brands. The Group's operating segments are: Sale of LFP cathode materials, which generate maximum revenue, Processing of lithium carbonate and raw materials, Sale of automotive specialty chemicals, and Other businesses.
63GF Score
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