Beijing Tongyizhong New Material Technology (SHSE:688722) ROCE %: 10.20% (As of Mar. 2026)


SHSE:688722 Beijing Tongyizhong New Material Technology Corp SHSE:688722
80 GF Score
Price ¥15.35
GF Value ¥23.16
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Beijing Tongyizhong New Material Technology ROCE %?

Beijing Tongyizhong New Material Technology SHSE:688722 +4.14% 80 ROCE % is 10.20% as of Mar. 2026. GuruFocus rates SHSE:688722 with a GF Score™ of 80/100 and a GF Value™ of ¥23.16 (Significantly Undervalued). 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. Beijing Tongyizhong New Material Technology's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.20%.


Beijing Tongyizhong New Material Technology  (SHSE:688722) 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.


Beijing Tongyizhong New Material Technology ROCE % Related Terms


Beijing Tongyizhong New Material Technology ROCE % Historical Data

* Premium members only.

The historical data trend for Beijing Tongyizhong New Material Technology'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.

Beijing Tongyizhong New Material Technology ROCE % Chart

Beijing Tongyizhong New Material Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only 6.66 17.30 13.42 11.10 8.54

Beijing Tongyizhong New Material Technology 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 13.41 7.10 7.61 3.91 10.20
SHSE:688722
80GF Score
Beijing Tongyizhong New Material Technology Corp SHSE:688722
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing Tongyizhong New Material Technology ROCE % Calculation

Beijing Tongyizhong New Material Technology'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 )
=138.315/( ( (1565.502 - 119.547) + (2077.382 - 285.827) )/ 2 )
=138.315/( (1445.955+1791.555)/ 2 )
=138.315/1618.755
=8.54 %

Beijing Tongyizhong New Material Technology'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 )
=184.576/( ( (2077.382 - 285.827) + (2095.642 - 268.936) )/ 2 )
=184.576/( ( 1791.555 + 1826.706 )/ 2 )
=184.576/1809.1305
=10.20 %

(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 10.20% mean?
Beijing Tongyizhong New Material Technology (SHSE:688722) has a ROCE % of 10.20% as of Mar. 2026.
Is Beijing Tongyizhong New Material Technology's ROCE % too high?
Beijing Tongyizhong New Material Technology's current ROCE % is 10.20%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.14. Beijing Tongyizhong New Material Technology's value of 10.20% is 66.3% above this industry median. Overall, Beijing Tongyizhong New Material Technology has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Tongyizhong New Material Technology's ROCE % compare to competitors?
Beijing Tongyizhong New Material Technology's ROCE % of 10.20% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. Beijing Tongyizhong New Material Technology's value of 10.20% is 66.3% 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,040 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. Beijing Tongyizhong New Material Technology's current ROCE % of 10.20% is 66.3% 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Tongyizhong New Material Technology's current ROCE % is 10.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Tongyizhong New Material Technology stock overvalued right now?
Based on GuruFocus' analysis, Beijing Tongyizhong New Material Technology (SHSE:688722) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥23.16, compared to a current price of ¥15.35 — trading 33.7% below its estimated fair value. The current ROCE % is 10.20% and 66.3% above the Manufacturing - Apparel & Accessories industry median of 6.14. Beijing Tongyizhong New Material Technology's overall GF Score™ is 80/100 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 Beijing Tongyizhong New Material Technology (SHSE:688722), the current ROCE % is 10.20% 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 Beijing Tongyizhong New Material Technology (SHSE:688722) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Tongyizhong New Material Technology stock appears to be undervalued. The current stock price of ¥15.35 is trading 33.7% below its estimated GF Value™ of ¥23.16. GuruFocus considers Beijing Tongyizhong New Material Technology to be Significantly Undervalued.

Key valuation signals for SHSE:688722:

  • ROCE %: 10.20%
  • GF Value™: ¥23.16 vs. price of ¥15.35 (33.7% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 66.3% above the Manufacturing - Apparel & Accessories median

No single metric tells the full story. See the SHSE:688722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Tongyizhong New Material Technology Business Description

Address Factory 901, No. 16, Zhonghe Street, Beijing Economic and Technological Development Zone, Beijing, CHN, 101102
Beijing Tongyizhong New Material Technology Corp is engaged in the research and development, production and sales of ultra-high molecular weight polyethylene fibers and their composite materials.
80GF Score

Get the complete analysis for SHSE:688722

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

¥15.35
Price
¥23.16
GF Value