Guangdong Greenway Technology Co (SHSE:688345) ROCE %: 8.61% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688345 Guangdong Greenway Technology Co Ltd SHSE:688345
71 GF Score
Price ¥43.24
GF Value ¥35.34
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Guangdong Greenway Technology Co ROCE %?

Guangdong Greenway Technology Co SHSE:688345 -7.98% 71 ROCE % is 8.61% as of Mar. 2026. GuruFocus rates SHSE:688345 with a GF Score™ of 71/100 and a GF Value™ of ¥35.34 (Modestly Overvalued). 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. Guangdong Greenway Technology Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.61%.


Guangdong Greenway Technology Co  (SHSE:688345) 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.


Guangdong Greenway Technology Co ROCE % Related Terms


Guangdong Greenway Technology Co ROCE % Historical Data

* Premium members only.

The historical data trend for Guangdong Greenway 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.

Guangdong Greenway Technology Co ROCE % Chart

Guangdong Greenway Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only 16.60 8.83 -3.35 -9.39 5.22

Guangdong Greenway 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 4.86 9.77 3.54 1.86 8.61
SHSE:688345
71GF Score
Guangdong Greenway Technology Co Ltd SHSE:688345
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guangdong Greenway Technology Co ROCE % Calculation

Guangdong Greenway 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 )
=65.614/( ( (2692.272 - 1551.615) + (2902.423 - 1530.673) )/ 2 )
=65.614/( (1140.657+1371.75)/ 2 )
=65.614/1256.2035
=5.22 %

Guangdong Greenway 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 )
=121.404/( ( (2902.423 - 1530.673) + (3158.377 - 1708.505) )/ 2 )
=121.404/( ( 1371.75 + 1449.872 )/ 2 )
=121.404/1410.811
=8.61 %

(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 8.61% mean?
Guangdong Greenway Technology Co (SHSE:688345) has a ROCE % of 8.61% as of Mar. 2026.
Is Guangdong Greenway Technology Co's ROCE % too high?
Guangdong Greenway Technology Co's current ROCE % is 8.61%. The Industrial Products industry median ROCE % is 7.05. Guangdong Greenway Technology Co's value of 8.61% is 22.2% above this industry median. Overall, Guangdong Greenway Technology Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Greenway Technology Co's ROCE % compare to VRT and BE?
Guangdong Greenway Technology Co's ROCE % of 8.61% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.05. Guangdong Greenway Technology Co's value of 8.61% is 22.2% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.05, based on 3,026 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. Guangdong Greenway Technology Co's current ROCE % of 8.61% is 22.2% 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 Industrial Products industry, the median ROCE % is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Greenway Technology Co's current ROCE % is 8.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Greenway Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Greenway Technology Co (SHSE:688345) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥35.34, compared to a current price of ¥43.24 — trading 22.4% above its estimated fair value. The current ROCE % is 8.61% and 22.2% above the Industrial Products industry median of 7.05. Guangdong Greenway Technology Co's overall GF Score™ is 71/100 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 Guangdong Greenway Technology Co (SHSE:688345), the current ROCE % is 8.61% 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 Guangdong Greenway Technology Co (SHSE:688345) Overvalued in 2026?

Based on GuruFocus' analysis, Guangdong Greenway Technology Co stock appears to be overvalued. The current stock price of ¥43.24 is trading 22.4% above its estimated GF Value™ of ¥35.34. GuruFocus considers Guangdong Greenway Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:688345:

  • ROCE %: 8.61%
  • GF Value™: ¥35.34 vs. price of ¥43.24 (22.4% above fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 22.2% above the Industrial Products median

No single metric tells the full story. See the SHSE:688345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangdong Greenway Technology Co Business Description

Address Dongcheng Street, Tongsha New Industrial Park, Guangdong Province, Dongguan, CHN, 523129
Guangdong Greenway Technology Co Ltd is engaged in the research and development, manufacturing and sales of lithium-ion batteries. It offers products such as electric motorcycle battery, two wheeled battery, LEV battery, lithium battery and others.
71GF Score

Get the complete analysis for SHSE:688345

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

¥43.24
Price
¥35.34
GF Value