Jilin Joinature Polymer Co (SHSE:688716) ROCE %: -1.60% (As of Mar. 2026)

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SHSE:688716 Jilin Joinature Polymer Co Ltd SHSE:688716
61 GF Score
Price ¥29.00
GF Value ¥35.50
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Jilin Joinature Polymer Co ROCE %?

Jilin Joinature Polymer Co SHSE:688716 -5.45% 61 ROCE % is -1.60% as of Mar. 2026. GuruFocus rates SHSE:688716 with a GF Score™ of 61/100 and a GF Value™ of ¥35.50 (Modestly Undervalued). 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. Jilin Joinature Polymer Co's annualized ROCE % for the quarter that ended in Mar. 2026 was -1.60%.

Jilin Joinature Polymer Co  (SHSE:688716) 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.

Jilin Joinature Polymer Co ROCE % Related Terms

Jilin Joinature Polymer Co ROCE % Historical Data

* Premium members only.

The historical data trend for Jilin Joinature Polymer 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.

Jilin Joinature Polymer Co ROCE % Chart

Jilin Joinature Polymer 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 20.39 20.14 8.13 3.64 1.41

Jilin Joinature Polymer 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 1.33 1.52 1.77 1.00 -1.60
SHSE:688716
61GF Score
Jilin Joinature Polymer Co Ltd SHSE:688716
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jilin Joinature Polymer Co ROCE % Calculation

Jilin Joinature Polymer 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 )
=17.412/( ( (1354.485 - 121.308) + (1338.249 - 101.261) )/ 2 )
=17.412/( (1233.177+1236.988)/ 2 )
=17.412/1235.0825
=1.41 %

Jilin Joinature Polymer 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 )
=-19.716/( ( (1338.249 - 101.261) + (1302.081 - 69.493) )/ 2 )
=-19.716/( ( 1236.988 + 1232.588 )/ 2 )
=-19.716/1234.788
=-1.60 %

(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 -1.60% mean?
Jilin Joinature Polymer Co (SHSE:688716) has a ROCE % of -1.60% as of Mar. 2026.
Is Jilin Joinature Polymer Co's ROCE % too high?
Jilin Joinature Polymer Co's current ROCE % is -1.60%. Overall, Jilin Joinature Polymer Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jilin Joinature Polymer Co's ROCE % compare to DOW?
Jilin Joinature Polymer Co's ROCE % of -1.60% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.52. 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 Chemicals company?
The median ROCE % among Chemicals companies is 6.52, based on 1,589 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 Chemicals industry, the median ROCE % is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jilin Joinature Polymer Co's current ROCE % is -1.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jilin Joinature Polymer Co stock overvalued right now?
Based on GuruFocus' analysis, Jilin Joinature Polymer Co (SHSE:688716) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥35.50, compared to a current price of ¥29.00 — trading 18.3% below its estimated fair value. The current ROCE % is -1.60%. Jilin Joinature Polymer Co's overall GF Score™ is 61/100 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 Jilin Joinature Polymer Co (SHSE:688716), the current ROCE % is -1.60% 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 Jilin Joinature Polymer Co (SHSE:688716) Overvalued in 2026?

Based on GuruFocus' analysis, Jilin Joinature Polymer Co stock appears to be undervalued. The current stock price of ¥29.00 is trading 18.3% below its estimated GF Value™ of ¥35.50. GuruFocus considers Jilin Joinature Polymer Co to be Modestly Undervalued.

Key valuation signals for SHSE:688716:

  • ROCE %: -1.60%
  • GF Value™: ¥35.50 vs. price of ¥29.00 (18.3% below fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688716 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jilin Joinature Polymer Co Business Description

Address No. 1177, Zhongyan Road, Advanced Manufacturing Park, Luyuan Economic Development Zone, Luyuan, Jilin, Changchun, CHN, 130113
Jilin Joinature Polymer Co Ltd is a high-tech enterprise integrating research & development, production and sales of polyetheretherketone (PEEK). The company's main product is PEEK in the form of resin, forming an existing product system of two categories, three grades, and six series with a total of 52 specifications and grades. The company's main products are divided into two categories: pure resin and composite reinforced resin.
61GF Score

Get the complete analysis for SHSE:688716

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

¥29.00
Price
¥35.50
GF Value