Forehope Electronic (Ningbo) Co (SHSE:688362) ROCE %: 2.79% (As of Mar. 2026)

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SHSE:688362 Forehope Electronic (Ningbo) Co Ltd SHSE:688362
73 GF Score
Price ¥72.81
GF Value ¥46.62
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Forehope Electronic (Ningbo) Co ROCE %?

Forehope Electronic (Ningbo) Co SHSE:688362 -7.84% 73 ROCE % is 2.79% as of Mar. 2026. GuruFocus rates SHSE:688362 with a GF Score™ of 73/100 and a GF Value™ of ¥46.62 (Significantly Overvalued). The stock has 12 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. Forehope Electronic (Ningbo) Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.79%.

Forehope Electronic (Ningbo) Co  (SHSE:688362) 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.

Forehope Electronic (Ningbo) Co ROCE % Related Terms

Forehope Electronic (Ningbo) Co ROCE % Historical Data

* Premium members only.

The historical data trend for Forehope Electronic (Ningbo) 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.

Forehope Electronic (Ningbo) Co ROCE % Chart

Forehope Electronic (Ningbo) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 26.33 6.10 -0.06 2.62 2.79

Forehope Electronic (Ningbo) 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 2.69 2.20 3.25 2.93 2.79
SHSE:688362
73GF Score
Forehope Electronic (Ningbo) Co Ltd SHSE:688362
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Forehope Electronic (Ningbo) Co ROCE % Calculation

Forehope Electronic (Ningbo) 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 )
=286.241/( ( (13655.477 - 3941.568) + (15190.677 - 4397.165) )/ 2 )
=286.241/( (9713.909+10793.512)/ 2 )
=286.241/10253.7105
=2.79 %

Forehope Electronic (Ningbo) 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 )
=310.072/( ( (15190.677 - 4397.165) + (15871.643 - 4466.993) )/ 2 )
=310.072/( ( 10793.512 + 11404.65 )/ 2 )
=310.072/11099.081
=2.79 %

(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 2.79% mean?
Forehope Electronic (Ningbo) Co (SHSE:688362) has a ROCE % of 2.79% as of Mar. 2026.
Is Forehope Electronic (Ningbo) Co's ROCE % too high?
Forehope Electronic (Ningbo) Co's current ROCE % is 2.79%. The Semiconductors industry median ROCE % is 4.83. Forehope Electronic (Ningbo) Co's value of 2.79% is 42.2% below this industry median. Overall, Forehope Electronic (Ningbo) Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forehope Electronic (Ningbo) Co's ROCE % compare to NVDA and AVGO?
Forehope Electronic (Ningbo) Co's ROCE % of 2.79% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.83. Forehope Electronic (Ningbo) Co's value of 2.79% is 42.2% below 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 4.83, based on 1,018 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. Forehope Electronic (Ningbo) Co's current ROCE % of 2.79% is 42.2% below 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 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forehope Electronic (Ningbo) Co's current ROCE % is 2.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forehope Electronic (Ningbo) Co stock overvalued right now?
Based on GuruFocus' analysis, Forehope Electronic (Ningbo) Co (SHSE:688362) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥46.62, compared to a current price of ¥72.81 — trading 56.2% above its estimated fair value. The current ROCE % is 2.79% and 42.2% below the Semiconductors industry median of 4.83. Forehope Electronic (Ningbo) Co's overall GF Score™ is 73/100 with 12 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 Forehope Electronic (Ningbo) Co (SHSE:688362), the current ROCE % is 2.79% 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 Forehope Electronic (Ningbo) Co (SHSE:688362) Overvalued in 2026?

Based on GuruFocus' analysis, Forehope Electronic (Ningbo) Co stock appears to be overvalued. The current stock price of ¥72.81 is trading 56.2% above its estimated GF Value™ of ¥46.62. GuruFocus considers Forehope Electronic (Ningbo) Co to be Significantly Overvalued.

Key valuation signals for SHSE:688362:

  • ROCE %: 2.79%
  • GF Value™: ¥46.62 vs. price of ¥72.81 (56.2% above fair value)
  • GF Score™: 73/100 with 12 warning signs
  • Industry Position: 42.2% below the Semiconductors median

No single metric tells the full story. See the SHSE:688362 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Forehope Electronic (Ningbo) Co Business Description

Address No. 22, Xingshun Road, Zhongyi Ningbo Ecological Park, Zhejiang Province, Yuyao, CHN, 315400
Forehope Electronic (Ningbo) Co Ltd is engaged in the packaging and testing of integrated circuits.
73GF Score

Get the complete analysis for SHSE:688362

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

¥72.81
Price
¥46.62
GF Value