Chengdu Sino Microelectronics Tech Co (SHSE:688709) ROCE %: -5.78% (As of Mar. 2026)

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SHSE:688709 Chengdu Sino Microelectronics Tech Co Ltd SHSE:688709
41 GF Score
Price ¥23.30
! 7 Warning Signs
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What is Chengdu Sino Microelectronics Tech Co ROCE %?

Chengdu Sino Microelectronics Tech Co SHSE:688709 -1.85% 41 ROCE % is -5.78% as of Mar. 2026. GuruFocus rates SHSE:688709 with a GF Score™ of 41/100. The stock has 7 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. Chengdu Sino Microelectronics Tech Co's annualized ROCE % for the quarter that ended in Mar. 2026 was -5.78%.

Chengdu Sino Microelectronics Tech Co  (SHSE:688709) 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.

Chengdu Sino Microelectronics Tech Co ROCE % Related Terms

Chengdu Sino Microelectronics Tech Co ROCE % Historical Data

* Premium members only.

The historical data trend for Chengdu Sino Microelectronics Tech 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.

Chengdu Sino Microelectronics Tech Co ROCE % Chart

Chengdu Sino Microelectronics Tech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 23.64 27.79 24.07 6.24 5.57

Chengdu Sino Microelectronics Tech Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 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 3.42 2.49 2.68 14.20 -5.78
SHSE:688709
41GF Score
Chengdu Sino Microelectronics Tech Co Ltd SHSE:688709
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chengdu Sino Microelectronics Tech Co ROCE % Calculation

Chengdu Sino Microelectronics Tech 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 )
=191.587/( ( (3669.594 - 578.718) + (4304.779 - 521.135) )/ 2 )
=191.587/( (3090.876+3783.644)/ 2 )
=191.587/3437.26
=5.57 %

Chengdu Sino Microelectronics Tech 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 )
=-217.66/( ( (4304.779 - 521.135) + (4193.692 - 448.001) )/ 2 )
=-217.66/( ( 3783.644 + 3745.691 )/ 2 )
=-217.66/3764.6675
=-5.78 %

(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 -5.78% mean?
Chengdu Sino Microelectronics Tech Co (SHSE:688709) has a ROCE % of -5.78% as of Mar. 2026.
Is Chengdu Sino Microelectronics Tech Co's ROCE % too high?
Chengdu Sino Microelectronics Tech Co's current ROCE % is -5.78%. Overall, Chengdu Sino Microelectronics Tech Co has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Chengdu Sino Microelectronics Tech Co's ROCE % compare to APH and GLW?
Chengdu Sino Microelectronics Tech Co's ROCE % of -5.78% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.91. 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 Hardware company?
The median ROCE % among Hardware companies is 5.91, based on 2,450 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 Hardware industry, the median ROCE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu Sino Microelectronics Tech Co's current ROCE % is -5.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Sino Microelectronics Tech Co stock overvalued right now?
Chengdu Sino Microelectronics Tech Co (SHSE:688709) has a current ROCE % of -5.78%. The current ROCE % is -5.78%. Chengdu Sino Microelectronics Tech Co's overall GF Score™ is 41/100 with 7 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 Chengdu Sino Microelectronics Tech Co (SHSE:688709), the current ROCE % is -5.78% 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.

Chengdu Sino Microelectronics Tech Co Business Description

Address No. 2201 and 2301, Floors 22-23, Building 1, No. 1800, Middle Section of Yizhou Avenue, Chengdu High-tech Zone, China (Sichuan) Pilot Free Trade Zone, Chengdu, CHN, 610096
Chengdu Sino Microelectronics Tech Co Ltd is engaged in research and development, design, testing and sales of special integrated circuits.
41GF Score

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

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