Silvery Dragon Group Co Tianjin (SHSE:603969) ROCE %: 10.75% (As of Mar. 2026)


SHSE:603969 Silvery Dragon Group Co Ltd Tianjin SHSE:603969
86 GF Score
Price ¥7.81
GF Value ¥7.47
Valuation Fairly Valued
! 2 Warning Signs
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What is Silvery Dragon Group Co Tianjin ROCE %?

Silvery Dragon Group Co Tianjin SHSE:603969 -3.58% 86 ROCE % is 10.75% as of Mar. 2026. GuruFocus rates SHSE:603969 with a GF Score™ of 86/100 and a GF Value™ of ¥7.47 (Fairly Valued). 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. Silvery Dragon Group Co Tianjin's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.75%.

Silvery Dragon Group Co Tianjin  (SHSE:603969) 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.

Silvery Dragon Group Co Tianjin ROCE % Related Terms

Silvery Dragon Group Co Tianjin ROCE % Historical Data

* Premium members only.

The historical data trend for Silvery Dragon Group Co Tianjin'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.

Silvery Dragon Group Co Tianjin ROCE % Chart

Silvery Dragon Group Co Tianjin 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 10.19 6.91 9.98 12.93 17.30

Silvery Dragon Group Co Tianjin 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 14.26 18.86 19.09 17.08 10.75
SHSE:603969
86GF Score
Silvery Dragon Group Co Ltd Tianjin SHSE:603969
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Silvery Dragon Group Co Tianjin ROCE % Calculation

Silvery Dragon Group Co Tianjin'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 )
=507.259/( ( (3912.591 - 1127.69) + (4591.209 - 1512.467) )/ 2 )
=507.259/( (2784.901+3078.742)/ 2 )
=507.259/2931.8215
=17.30 %

Silvery Dragon Group Co Tianjin'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 )
=337.32/( ( (4591.209 - 1512.467) + (4568.533 - 1369.222) )/ 2 )
=337.32/( ( 3078.742 + 3199.311 )/ 2 )
=337.32/3139.0265
=10.75 %

(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 10.75% mean?
Silvery Dragon Group Co Tianjin (SHSE:603969) has a ROCE % of 10.75% as of Mar. 2026.
Is Silvery Dragon Group Co Tianjin's ROCE % too high?
Silvery Dragon Group Co Tianjin's current ROCE % is 10.75%. The Steel industry median ROCE % is 5.52. Silvery Dragon Group Co Tianjin's value of 10.75% is 94.7% above this industry median. Overall, Silvery Dragon Group Co Tianjin has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Silvery Dragon Group Co Tianjin's ROCE % compare to NUE and STLD?
Silvery Dragon Group Co Tianjin's ROCE % of 10.75% can be compared against companies in the Steel industry. The industry median ROCE % is 5.52. Silvery Dragon Group Co Tianjin's value of 10.75% is 94.7% 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 Steel company?
The median ROCE % among Steel companies is 5.52, based on 619 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. Silvery Dragon Group Co Tianjin's current ROCE % of 10.75% is 94.7% 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 Steel industry, the median ROCE % is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silvery Dragon Group Co Tianjin's current ROCE % is 10.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silvery Dragon Group Co Tianjin stock overvalued right now?
Based on GuruFocus' analysis, Silvery Dragon Group Co Tianjin (SHSE:603969) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.47, compared to a current price of ¥7.81 — trading 4.6% above its estimated fair value. The current ROCE % is 10.75% and 94.7% above the Steel industry median of 5.52. Silvery Dragon Group Co Tianjin's overall GF Score™ is 86/100 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 Silvery Dragon Group Co Tianjin (SHSE:603969), the current ROCE % is 10.75% 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 Silvery Dragon Group Co Tianjin (SHSE:603969) Overvalued in 2026?

Based on GuruFocus' analysis, Silvery Dragon Group Co Tianjin stock appears to be overvalued. The current stock price of ¥7.81 is trading 4.6% above its estimated GF Value™ of ¥7.47. GuruFocus considers Silvery Dragon Group Co Tianjin to be Fairly Valued.

Key valuation signals for SHSE:603969:

  • ROCE %: 10.75%
  • GF Value™: ¥7.47 vs. price of ¥7.81 (4.6% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 94.7% above the Steel median

No single metric tells the full story. See the SHSE:603969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Silvery Dragon Group Co Tianjin Business Description

Address No.62 Shuangjiang Road, Shuangyuan Industry Park, Beichen District, Tianjin, CHN, 300400
Silvery Dragon Group Co Ltd Tianjin is engaged in the research, development, production, and sale of steel for prestressed concrete. Its licensed business activities include the production of steel bar products for construction, the undertaking of construction projects and the design of construction projects.
86GF Score

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

¥7.81
Price
¥7.47
GF Value