Henan Shijia Photons Technology Co (SHSE:688313) ROCE %: 31.45% (As of Mar. 2026)


SHSE:688313 Henan Shijia Photons Technology Co Ltd SHSE:688313
67 GF Score
Price ¥167.00
GF Value ¥44.17
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Henan Shijia Photons Technology Co ROCE %?

Henan Shijia Photons Technology Co SHSE:688313 -2.22% 67 ROCE % is 31.45% as of Mar. 2026. GuruFocus rates SHSE:688313 with a GF Score™ of 67/100 and a GF Value™ of ¥44.17 (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. Henan Shijia Photons Technology Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 31.45%.

Henan Shijia Photons Technology Co  (SHSE:688313) 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.

Henan Shijia Photons Technology Co ROCE % Related Terms

Henan Shijia Photons Technology Co ROCE % Historical Data

* Premium members only.

The historical data trend for Henan Shijia Photons 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.

Henan Shijia Photons Technology Co ROCE % Chart

Henan Shijia Photons Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only 4.22 4.93 -3.84 5.45 26.91

Henan Shijia Photons 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 29.67 36.20 22.78 20.08 31.45
SHSE:688313
67GF Score
Henan Shijia Photons Technology Co Ltd SHSE:688313
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Henan Shijia Photons Technology Co ROCE % Calculation

Henan Shijia Photons 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 )
=395.708/( ( (1782.152 - 497.525) + (2428.825 - 772.108) )/ 2 )
=395.708/( (1284.627+1656.717)/ 2 )
=395.708/1470.672
=26.91 %

Henan Shijia Photons 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 )
=538.244/( ( (2428.825 - 772.108) + (2695.151 - 929.415) )/ 2 )
=538.244/( ( 1656.717 + 1765.736 )/ 2 )
=538.244/1711.2265
=31.45 %

(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 31.45% mean?
Henan Shijia Photons Technology Co (SHSE:688313) has a ROCE % of 31.45% as of Mar. 2026.
Is Henan Shijia Photons Technology Co's ROCE % too high?
Henan Shijia Photons Technology Co's current ROCE % is 31.45%. The Semiconductors industry median ROCE % is 4.81. Henan Shijia Photons Technology Co's value of 31.45% is 554.5% above this industry median. Overall, Henan Shijia Photons Technology Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Henan Shijia Photons Technology Co's ROCE % compare to AMAT and LRCX?
Henan Shijia Photons Technology Co's ROCE % of 31.45% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. Henan Shijia Photons Technology Co's value of 31.45% is 554.5% 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 Semiconductors company?
The median ROCE % among Semiconductors companies is 4.81, based on 1,016 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. Henan Shijia Photons Technology Co's current ROCE % of 31.45% is 554.5% 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 Semiconductors industry, the median ROCE % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Shijia Photons Technology Co's current ROCE % is 31.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Shijia Photons Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Shijia Photons Technology Co (SHSE:688313) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥44.17, compared to a current price of ¥167.00 — trading 278.1% above its estimated fair value. The current ROCE % is 31.45% and 554.5% above the Semiconductors industry median of 4.81. Henan Shijia Photons Technology Co's overall GF Score™ is 67/100 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 Henan Shijia Photons Technology Co (SHSE:688313), the current ROCE % is 31.45% 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 Henan Shijia Photons Technology Co (SHSE:688313) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Shijia Photons Technology Co stock appears to be overvalued. The current stock price of ¥167.00 is trading 278.1% above its estimated GF Value™ of ¥44.17. GuruFocus considers Henan Shijia Photons Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688313:

  • ROCE %: 31.45%
  • GF Value™: ¥44.17 vs. price of ¥167.00 (278.1% above fair value)
  • GF Score™: 67/100 with 9 warning signs
  • Industry Position: 554.5% above the Semiconductors median

No single metric tells the full story. See the SHSE:688313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Henan Shijia Photons Technology Co Business Description

Address 201 Yanhe Road, Qibin District, Henan Province, Hebi, CHN, 458030
Henan Shijia Photons Technology Co Ltd is engaged in development, production, sales and related technical services of optical chips and devices, indoor optical cables and cable materials. The company's business covers optical chips and devices, indoor optical cables and cable materials. Its main products include PLC splitter chip series products, AWG chip series products, DFB laser chip series products, optical fiber connectors, indoor optical cables, cable materials.
67GF Score

Get the complete analysis for SHSE:688313

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

¥167.00
Price
¥44.17
GF Value