Smarter Microelectronics (Guangzhou) Co (SHSE:688512) ROCE %: -15.01% (As of Mar. 2026)


SHSE:688512 Smarter Microelectronics (Guangzhou) Co Ltd SHSE:688512
80 GF Score
Price ¥16.03
GF Value ¥16.31
Valuation Fairly Valued
! 4 Warning Signs
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What is Smarter Microelectronics (Guangzhou) Co ROCE %?

Smarter Microelectronics (Guangzhou) Co SHSE:688512 +1.20% 80 ROCE % is -15.01% as of Mar. 2026. GuruFocus rates SHSE:688512 with a GF Score™ of 80/100 and a GF Value™ of ¥16.31 (Fairly Valued). The stock has 4 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. Smarter Microelectronics (Guangzhou) Co's annualized ROCE % for the quarter that ended in Mar. 2026 was -15.01%.

Smarter Microelectronics (Guangzhou) Co  (SHSE:688512) 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.

Smarter Microelectronics (Guangzhou) Co ROCE % Related Terms

Smarter Microelectronics (Guangzhou) Co ROCE % Historical Data

* Premium members only.

The historical data trend for Smarter Microelectronics (Guangzhou) 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.

Smarter Microelectronics (Guangzhou) Co ROCE % Chart

Smarter Microelectronics (Guangzhou) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial -34.36 -20.76 -21.43 -17.76 -11.91

Smarter Microelectronics (Guangzhou) 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 0.95 -14.13 -11.81 -23.05 -15.01
SHSE:688512
80GF Score
Smarter Microelectronics (Guangzhou) Co Ltd SHSE:688512
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Smarter Microelectronics (Guangzhou) Co ROCE % Calculation

Smarter Microelectronics (Guangzhou) 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 )
=-221.065/( ( (2211.677 - 251.855) + (1933.52 - 180.428) )/ 2 )
=-221.065/( (1959.822+1753.092)/ 2 )
=-221.065/1856.457
=-11.91 %

Smarter Microelectronics (Guangzhou) 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 )
=-259.792/( ( (1933.52 - 180.428) + (1994.888 - 286.308) )/ 2 )
=-259.792/( ( 1753.092 + 1708.58 )/ 2 )
=-259.792/1730.836
=-15.01 %

(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 -15.01% mean?
Smarter Microelectronics (Guangzhou) Co (SHSE:688512) has a ROCE % of -15.01% as of Mar. 2026.
Is Smarter Microelectronics (Guangzhou) Co's ROCE % too high?
Smarter Microelectronics (Guangzhou) Co's current ROCE % is -15.01%. Overall, Smarter Microelectronics (Guangzhou) Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Smarter Microelectronics (Guangzhou) Co's ROCE % compare to NVDA and AVGO?
Smarter Microelectronics (Guangzhou) Co's ROCE % of -15.01% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. 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. 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. Smarter Microelectronics (Guangzhou) Co's current ROCE % is -15.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smarter Microelectronics (Guangzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Smarter Microelectronics (Guangzhou) Co (SHSE:688512) is currently considered Fairly Valued. The stock's GF Value™ is ¥16.31, compared to a current price of ¥16.03 — trading 1.7% below its estimated fair value. The current ROCE % is -15.01%. Smarter Microelectronics (Guangzhou) Co's overall GF Score™ is 80/100 with 4 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 Smarter Microelectronics (Guangzhou) Co (SHSE:688512), the current ROCE % is -15.01% 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 Smarter Microelectronics (Guangzhou) Co (SHSE:688512) Overvalued in 2026?

Based on GuruFocus' analysis, Smarter Microelectronics (Guangzhou) Co stock appears to be undervalued. The current stock price of ¥16.03 is trading 1.7% below its estimated GF Value™ of ¥16.31. GuruFocus considers Smarter Microelectronics (Guangzhou) Co to be Fairly Valued.

Key valuation signals for SHSE:688512:

  • ROCE %: -15.01%
  • GF Value™: ¥16.31 vs. price of ¥16.03 (1.7% below fair value)
  • GF Score™: 80/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688512 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Smarter Microelectronics (Guangzhou) Co Business Description

Address No. 182, Science Avenue, Unit 307, 3rd Floor, C2, Innovation Building, High-tech Industrial Development Zone, Guangdong Province, Guangzhou, CHN, 510663
Smarter Microelectronics (Guangzhou) Co Ltd is engaged in the research and development, design and sales of RF front-end chips and modules.
80GF Score

Get the complete analysis for SHSE:688512

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

¥16.03
Price
¥16.31
GF Value