Shenzhen VMAX New Energy Group Co (SHSE:688612) ROCE %: 18.15% (As of Jun. 2026)

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SHSE:688612 Shenzhen VMAX New Energy Group Co Ltd SHSE:688612
95 GF Score
Price ¥38.78
GF Value ¥33.15
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Shenzhen VMAX New Energy Group Co ROCE %?

Shenzhen VMAX New Energy Group Co SHSE:688612 +7.28% 95 ROCE % is 18.15% as of Jun. 2026. GuruFocus rates SHSE:688612 with a GF Score™ of 95/100 and a GF Value™ of ¥33.15 (Modestly Overvalued). The stock has 5 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. Shenzhen VMAX New Energy Group Co's annualized ROCE % for the quarter that ended in Jun. 2026 was 18.15%.

Shenzhen VMAX New Energy Group Co  (SHSE:688612) 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.

Shenzhen VMAX New Energy Group Co ROCE % Related Terms

Shenzhen VMAX New Energy Group Co ROCE % Historical Data

* Premium members only.

The historical data trend for Shenzhen VMAX New Energy Group 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.

Shenzhen VMAX New Energy Group Co ROCE % Chart

Shenzhen VMAX New Energy Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.84 29.95 22.18 13.73 17.36

Shenzhen VMAX New Energy Group Co Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 23.02 20.95 14.98 15.09 18.15
SHSE:688612
95GF Score
Shenzhen VMAX New Energy Group Co Ltd SHSE:688612
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen VMAX New Energy Group Co ROCE % Calculation

Shenzhen VMAX New Energy Group 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 )
=662.765/( ( (7690.718 - 4048.876) + (8150.393 - 4156.774) )/ 2 )
=662.765/( (3641.842+3993.619)/ 2 )
=662.765/3817.7305
=17.36 %

Shenzhen VMAX New Energy Group Co's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=738.708/( ( (7822.99 - 3669.757) + (7403.222 - 3417.54) )/ 2 )
=738.708/( ( 4153.233 + 3985.682 )/ 2 )
=738.708/4069.4575
=18.15 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 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 18.15% mean?
Shenzhen VMAX New Energy Group Co (SHSE:688612) has a ROCE % of 18.15% as of Jun. 2026.
Is Shenzhen VMAX New Energy Group Co's ROCE % too high?
Shenzhen VMAX New Energy Group Co's current ROCE % is 18.15%. The Vehicles & Parts industry median ROCE % is 8.37. Shenzhen VMAX New Energy Group Co's value of 18.15% is 116.8% above this industry median. Overall, Shenzhen VMAX New Energy Group Co has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen VMAX New Energy Group Co's ROCE % compare to ORLY and AZO?
Shenzhen VMAX New Energy Group Co's ROCE % of 18.15% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 8.37. Shenzhen VMAX New Energy Group Co's value of 18.15% is 116.8% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 8.37, based on 1,315 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. Shenzhen VMAX New Energy Group Co's current ROCE % of 18.15% is 116.8% 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 Vehicles & Parts industry, the median ROCE % is 8.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen VMAX New Energy Group Co's current ROCE % is 18.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen VMAX New Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen VMAX New Energy Group Co (SHSE:688612) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥33.15, compared to a current price of ¥38.78 — trading 17% above its estimated fair value. The current ROCE % is 18.15% and 116.8% above the Vehicles & Parts industry median of 8.37. Shenzhen VMAX New Energy Group Co's overall GF Score™ is 95/100 with 5 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 Shenzhen VMAX New Energy Group Co (SHSE:688612), the current ROCE % is 18.15% as of Jun. 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 Shenzhen VMAX New Energy Group Co (SHSE:688612) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen VMAX New Energy Group Co stock appears to be overvalued. The current stock price of ¥38.78 is trading 17% above its estimated GF Value™ of ¥33.15. GuruFocus considers Shenzhen VMAX New Energy Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:688612:

  • ROCE %: 18.15%
  • GF Value™: ¥33.15 vs. price of ¥38.78 (17% above fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 116.8% above the Vehicles & Parts median

No single metric tells the full story. See the SHSE:688612 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shenzhen VMAX New Energy Group Co Business Description

Address Fifth Industrial Zone, Beihuan Road, One of 501, Fengyun Technology Building, Nanshan, Guangdong, Shenzhen, CHN, 518000
Shenzhen VMAX New Energy Group Co Ltd is engaged in Research and development, production, sales and technical services of power electronic products related to new energy vehicles. VMAX works with many automobile manufacturers to provide customers with high-quality automotive power domain products and efficient solutions, including but not limited to OBCs, DCDCs, inverters, gearboxes, Electric Vehicle Communication Controller (EVCC), Wireless Electric Vehicle Charging (WEVC) and so on.
95GF Score

Get the complete analysis for SHSE:688612

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

¥38.78
Price
¥33.15
GF Value