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Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976) 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.
Chongqing Zhengchuan Pharmaceutical Packaging Co ROCE % Related Terms
Chongqing Zhengchuan Pharmaceutical Packaging 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.
Chongqing Zhengchuan Pharmaceutical Packaging Co ROCE % Chart
Chongqing Zhengchuan Pharmaceutical Packaging Co Annual Data
(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.
Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976) has a ROCE % of 3.00% as of Mar. 2026.
Is Chongqing Zhengchuan Pharmaceutical Packaging Co's ROCE % too high?
Chongqing Zhengchuan Pharmaceutical Packaging Co's current ROCE % is 3.00%. The Packaging & Containers industry median ROCE % is 7.11. Chongqing Zhengchuan Pharmaceutical Packaging Co's value of 3.00% is 57.8% below this industry median. Overall, Chongqing Zhengchuan Pharmaceutical Packaging Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Zhengchuan Pharmaceutical Packaging Co's ROCE % compare to SW and PKG?
Chongqing Zhengchuan Pharmaceutical Packaging Co's ROCE % of 3.00% can be compared against companies in the Packaging & Containers industry. The industry median ROCE % is 7.11. Chongqing Zhengchuan Pharmaceutical Packaging Co's value of 3.00% is 57.8% 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 a Packaging & Containers company?
The median ROCE % among Packaging & Containers companies is 7.11, based on 394 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. Chongqing Zhengchuan Pharmaceutical Packaging Co's current ROCE % of 3.00% is 57.8% 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 Packaging & Containers industry, the median ROCE % is 7.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Zhengchuan Pharmaceutical Packaging Co's current ROCE % is 3.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Zhengchuan Pharmaceutical Packaging Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥20.65, compared to a current price of ¥23.98 — trading 16.1% above its estimated fair value. The current ROCE % is 3.00% and 57.8% below the Packaging & Containers industry median of 7.11. Chongqing Zhengchuan Pharmaceutical Packaging Co's overall GF Score™ is 73/100 with 7 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 Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976), the current ROCE % is 3.00% 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 Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Zhengchuan Pharmaceutical Packaging Co stock appears to be overvalued.
The current stock price of ¥23.98 is trading 16.1% above its estimated GF Value™ of ¥20.65.
GuruFocus considers Chongqing Zhengchuan Pharmaceutical Packaging Co to be Modestly Overvalued.
Key valuation signals for SHSE:603976:
ROCE %: 3.00%
GF Value™: ¥20.65 vs. price of ¥23.98 (16.1% above fair value)
Industry Position: 57.8% below the Packaging & Containers median
No single metric tells the full story. See the SHSE:603976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Zhengchuan Pharmaceutical Packaging Co Business Description
Chongqing Zhengchuan Pharmaceutical Packaging Co Ltd is a China-based company engages in the research, development, production, and sale of medicinal packaging materials such as medicinal glass tubes. It manufactures colorless and brown glass tubular injection bottles, oral liquid bottles, regulation glass tube screw mouth bottle, and ampoules.
73GF Score
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