Shenzhen Qingyi Photomask (SHSE:688138) ROCE %: 8.60% (As of Mar. 2026)


SHSE:688138 Shenzhen Qingyi Photomask Ltd SHSE:688138
86 GF Score
Price ¥45.41
GF Value ¥30.74
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Shenzhen Qingyi Photomask ROCE %?

Shenzhen Qingyi Photomask SHSE:688138 -0.63% 86 ROCE % is 8.60% as of Mar. 2026. GuruFocus rates SHSE:688138 with a GF Score™ of 86/100 and a GF Value™ of ¥30.74 (Significantly Overvalued). The stock has 9 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. Shenzhen Qingyi Photomask's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.60%.

Shenzhen Qingyi Photomask  (SHSE:688138) 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.

Shenzhen Qingyi Photomask ROCE % Related Terms

Shenzhen Qingyi Photomask ROCE % Historical Data

* Premium members only.

The historical data trend for Shenzhen Qingyi Photomask'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.

Shenzhen Qingyi Photomask ROCE % Chart

Shenzhen Qingyi Photomask 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 4.48 7.58 10.26 11.93 8.95

Shenzhen Qingyi Photomask 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 13.04 7.93 7.99 5.77 8.60
SHSE:688138
86GF Score
Shenzhen Qingyi Photomask Ltd SHSE:688138
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Qingyi Photomask ROCE % Calculation

Shenzhen Qingyi Photomask'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 )
=232.163/( ( (2742.767 - 710.689) + (3928.76 - 771.81) )/ 2 )
=232.163/( (2032.078+3156.95)/ 2 )
=232.163/2594.514
=8.95 %

Shenzhen Qingyi Photomask'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 )
=274.116/( ( (3928.76 - 771.81) + (3974.155 - 756.533) )/ 2 )
=274.116/( ( 3156.95 + 3217.622 )/ 2 )
=274.116/3187.286
=8.60 %

(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 8.60% mean?
Shenzhen Qingyi Photomask (SHSE:688138) has a ROCE % of 8.60% as of Mar. 2026.
Is Shenzhen Qingyi Photomask's ROCE % too high?
Shenzhen Qingyi Photomask's current ROCE % is 8.60%. The Hardware industry median ROCE % is 5.84. Shenzhen Qingyi Photomask's value of 8.60% is 47.3% above this industry median. Overall, Shenzhen Qingyi Photomask has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Qingyi Photomask's ROCE % compare to APH and GLW?
Shenzhen Qingyi Photomask's ROCE % of 8.60% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.84. Shenzhen Qingyi Photomask's value of 8.60% is 47.3% 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 Hardware company?
The median ROCE % among Hardware companies is 5.84, based on 2,448 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. Shenzhen Qingyi Photomask's current ROCE % of 8.60% is 47.3% 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 Hardware industry, the median ROCE % is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Qingyi Photomask's current ROCE % is 8.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Qingyi Photomask stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Qingyi Photomask (SHSE:688138) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥30.74, compared to a current price of ¥45.41 — trading 47.7% above its estimated fair value. The current ROCE % is 8.60% and 47.3% above the Hardware industry median of 5.84. Shenzhen Qingyi Photomask's overall GF Score™ is 86/100 with 9 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 Shenzhen Qingyi Photomask (SHSE:688138), the current ROCE % is 8.60% 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 Shenzhen Qingyi Photomask (SHSE:688138) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Qingyi Photomask stock appears to be overvalued. The current stock price of ¥45.41 is trading 47.7% above its estimated GF Value™ of ¥30.74. GuruFocus considers Shenzhen Qingyi Photomask to be Significantly Overvalued.

Key valuation signals for SHSE:688138:

  • ROCE %: 8.60%
  • GF Value™: ¥30.74 vs. price of ¥45.41 (47.7% above fair value)
  • GF Score™: 86/100 with 9 warning signs
  • Industry Position: 47.3% above the Hardware median

No single metric tells the full story. See the SHSE:688138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shenzhen Qingyi Photomask Business Description

Address Road Langshang two, North of High-tech Park, Building QingYi Photoelectric, Shenzhen, CHN
Shenzhen Qingyi Photomask Ltd is a manufacturer of high precision mask that integrates research, design, production and sales with the technology in China. Its products include TFT, color STN, STN and TNLCD chrome plate mask, EL, OLED chrome plate mask; PDP, VFD chrome plate mask, and IC capsulation, HDI, including chrome plate mask and dry mask, such as BGA, CSP, and BUMPING.
86GF Score

Get the complete analysis for SHSE:688138

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

¥45.41
Price
¥30.74
GF Value