Beijing New Space Technology Co (SHSE:605178) ROCE %: -2.83% (As of Mar. 2026)

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SHSE:605178 Beijing New Space Technology Co Ltd SHSE:605178
47 GF Score
Price ¥98.50
GF Value ¥27.47
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Beijing New Space Technology Co ROCE %?

Beijing New Space Technology Co SHSE:605178 -0.81% 47 ROCE % is -2.83% as of Mar. 2026. GuruFocus rates SHSE:605178 with a GF Score™ of 47/100 and a GF Value™ of ¥27.47 (Significantly Overvalued). 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. Beijing New Space Technology Co's annualized ROCE % for the quarter that ended in Mar. 2026 was -2.83%.

Beijing New Space Technology Co  (SHSE:605178) 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.

Beijing New Space Technology Co ROCE % Related Terms

Beijing New Space Technology Co ROCE % Historical Data

* Premium members only.

The historical data trend for Beijing New Space Technology 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.

Beijing New Space Technology Co ROCE % Chart

Beijing New Space Technology 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 -1.12 -11.48 -12.14 -16.77 -18.51

Beijing New Space Technology 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 -10.32 -8.14 -13.82 -42.67 -2.83
SHSE:605178
47GF Score
Beijing New Space Technology Co Ltd SHSE:605178
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Beijing New Space Technology Co ROCE % Calculation

Beijing New Space Technology 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 )
=-246.733/( ( (1883.944 - 442.561) + (1652.431 - 427.924) )/ 2 )
=-246.733/( (1441.383+1224.507)/ 2 )
=-246.733/1332.945
=-18.51 %

Beijing New Space Technology 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 )
=-35.04/( ( (1652.431 - 427.924) + (1677.021 - 428.301) )/ 2 )
=-35.04/( ( 1224.507 + 1248.72 )/ 2 )
=-35.04/1236.6135
=-2.83 %

(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 -2.83% mean?
Beijing New Space Technology Co (SHSE:605178) has a ROCE % of -2.83% as of Mar. 2026.
Is Beijing New Space Technology Co's ROCE % too high?
Beijing New Space Technology Co's current ROCE % is -2.83%. Overall, Beijing New Space Technology Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beijing New Space Technology Co's ROCE % compare to VRT and BE?
Beijing New Space Technology Co's ROCE % of -2.83% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.03. 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 7.03, based on 3,027 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. 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 7.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing New Space Technology Co's current ROCE % is -2.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing New Space Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing New Space Technology Co (SHSE:605178) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥27.47, compared to a current price of ¥98.50 — trading 258.6% above its estimated fair value. The current ROCE % is -2.83%. Beijing New Space Technology Co's overall GF Score™ is 47/100 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 Beijing New Space Technology Co (SHSE:605178), the current ROCE % is -2.83% 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 Beijing New Space Technology Co (SHSE:605178) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing New Space Technology Co stock appears to be overvalued. The current stock price of ¥98.50 is trading 258.6% above its estimated GF Value™ of ¥27.47. GuruFocus considers Beijing New Space Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:605178:

  • ROCE %: -2.83%
  • GF Value™: ¥27.47 vs. price of ¥98.50 (258.6% above fair value)
  • GF Score™: 47/100 with 2 warning signs

No single metric tells the full story. See the SHSE:605178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Beijing New Space Technology Co Business Description

Address No. 1, Jinghai 5th Road, Building A15, Economic and Technological Development Zone, Beijing, CHN, 101111
Beijing New Space Technology Co Ltd is engaged in technology research and development, consulting and services in the fields of smart city intelligent control systems, intelligent lighting, water fountains, software, computers, stage lighting and sound equipment; organizing cultural and artistic exchange activities (excluding performances); professional contracting of urban and road lighting projects, professional contracting of electronics and intelligent engineering; lighting engineering design; design of water feature fountains, fountain equipment, smart lighting control equipment, sales of lamps, electromechanical equipment, hardware and electronic equipment.
47GF Score

Get the complete analysis for SHSE:605178

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

¥98.50
Price
¥27.47
GF Value