Jiaxing ZMAX Optech Co (SHSE:688307) ROCE %: 6.40% (As of Mar. 2026)

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SHSE:688307 Jiaxing ZMAX Optech Co Ltd SHSE:688307
78 GF Score
Price ¥40.13
GF Value ¥41.56
Valuation Fairly Valued
! 6 Warning Signs
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What is Jiaxing ZMAX Optech Co ROCE %?

Jiaxing ZMAX Optech Co SHSE:688307 -15.28% 78 ROCE % is 6.40% as of Mar. 2026. GuruFocus rates SHSE:688307 with a GF Score™ of 78/100 and a GF Value™ of ¥41.56 (Fairly Valued). The stock has 6 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. Jiaxing ZMAX Optech Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.40%.

Jiaxing ZMAX Optech Co  (SHSE:688307) 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.

Jiaxing ZMAX Optech Co ROCE % Related Terms

Jiaxing ZMAX Optech Co ROCE % Historical Data

* Premium members only.

The historical data trend for Jiaxing ZMAX Optech 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.

Jiaxing ZMAX Optech Co ROCE % Chart

Jiaxing ZMAX Optech Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 11.49 11.62 5.70 6.47 6.85

Jiaxing ZMAX Optech Co Quarterly Data
Dec20 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 5.11 4.75 8.98 8.73 6.40
SHSE:688307
78GF Score
Jiaxing ZMAX Optech Co Ltd SHSE:688307
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiaxing ZMAX Optech Co ROCE % Calculation

Jiaxing ZMAX Optech 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 )
=70.46/( ( (1051.933 - 158.8) + (1529.234 - 365.376) )/ 2 )
=70.46/( (893.133+1163.858)/ 2 )
=70.46/1028.4955
=6.85 %

Jiaxing ZMAX Optech 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 )
=75.096/( ( (1529.234 - 365.376) + (1618.547 - 434.369) )/ 2 )
=75.096/( ( 1163.858 + 1184.178 )/ 2 )
=75.096/1174.018
=6.40 %

(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 6.40% mean?
Jiaxing ZMAX Optech Co (SHSE:688307) has a ROCE % of 6.40% as of Mar. 2026.
Is Jiaxing ZMAX Optech Co's ROCE % too high?
Jiaxing ZMAX Optech Co's current ROCE % is 6.40%. The Hardware industry median ROCE % is 5.90. Jiaxing ZMAX Optech Co's value of 6.40% is 8.5% above this industry median. Overall, Jiaxing ZMAX Optech Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiaxing ZMAX Optech Co's ROCE % compare to APH and GLW?
Jiaxing ZMAX Optech Co's ROCE % of 6.40% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.90. Jiaxing ZMAX Optech Co's value of 6.40% is 8.5% 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 5.90, based on 2,451 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. Jiaxing ZMAX Optech Co's current ROCE % of 6.40% is 8.5% 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 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiaxing ZMAX Optech Co's current ROCE % is 6.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiaxing ZMAX Optech Co stock overvalued right now?
Based on GuruFocus' analysis, Jiaxing ZMAX Optech Co (SHSE:688307) is currently considered Fairly Valued. The stock's GF Value™ is ¥41.56, compared to a current price of ¥40.13 — trading 3.4% below its estimated fair value. The current ROCE % is 6.40% and 8.5% above the Hardware industry median of 5.90. Jiaxing ZMAX Optech Co's overall GF Score™ is 78/100 with 6 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 Jiaxing ZMAX Optech Co (SHSE:688307), the current ROCE % is 6.40% 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 Jiaxing ZMAX Optech Co (SHSE:688307) Overvalued in 2026?

Based on GuruFocus' analysis, Jiaxing ZMAX Optech Co stock appears to be undervalued. The current stock price of ¥40.13 is trading 3.4% below its estimated GF Value™ of ¥41.56. GuruFocus considers Jiaxing ZMAX Optech Co to be Fairly Valued.

Key valuation signals for SHSE:688307:

  • ROCE %: 6.40%
  • GF Value™: ¥41.56 vs. price of ¥40.13 (3.4% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 8.5% above the Hardware median

No single metric tells the full story. See the SHSE:688307 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jiaxing ZMAX Optech Co Business Description

Address No. 188 Taojing Road, Gaozhao Street, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314000
Jiaxing ZMAX Optech Co Ltd is a precision optical lens product and technology development service provider. It develops various 4K/8K ultra-high-definition optics for various fields such as smart IoT, smart driving, smart terminals, smart home, and machine vision.
78GF Score

Get the complete analysis for SHSE:688307

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

¥40.13
Price
¥41.56
GF Value