MetaX Integrated Circuits (Shanghai) Co (SHSE:688802) ROCE %: -2.96% (As of Mar. 2026)


SHSE:688802 MetaX Integrated Circuits (Shanghai) Co Ltd SHSE:688802
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What is MetaX Integrated Circuits (Shanghai) Co ROCE %?

MetaX Integrated Circuits (Shanghai) Co SHSE:688802 +4.38% 7 ROCE % is -2.96% as of Mar. 2026. GuruFocus rates SHSE:688802 with a GF Score™ of 7/100. 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. MetaX Integrated Circuits (Shanghai) Co's annualized ROCE % for the quarter that ended in Mar. 2026 was -2.96%.

MetaX Integrated Circuits (Shanghai) Co  (SHSE:688802) 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.

MetaX Integrated Circuits (Shanghai) Co ROCE % Related Terms

MetaX Integrated Circuits (Shanghai) Co ROCE % Historical Data

* Premium members only.

The historical data trend for MetaX Integrated Circuits (Shanghai) 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.

MetaX Integrated Circuits (Shanghai) Co ROCE % Chart

MetaX Integrated Circuits (Shanghai) Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROCE %
-83.18 -78.06 -65.43 -9.49

MetaX Integrated Circuits (Shanghai) Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only -14.49 45.88 -6.01 -15.29 -2.96
SHSE:688802
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MetaX Integrated Circuits (Shanghai) Co Ltd SHSE:688802
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MetaX Integrated Circuits (Shanghai) Co ROCE % Calculation

MetaX Integrated Circuits (Shanghai) 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 )
=-769.168/( ( (3889.582 - 921.316) + (13674.878 - 427.148) )/ 2 )
=-769.168/( (2968.266+13247.73)/ 2 )
=-769.168/8107.998
=-9.49 %

MetaX Integrated Circuits (Shanghai) 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 )
=-391.44/( ( (13674.878 - 427.148) + (13558.236 - 377.404) )/ 2 )
=-391.44/( ( 13247.73 + 13180.832 )/ 2 )
=-391.44/13214.281
=-2.96 %

(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 -2.96% mean?
MetaX Integrated Circuits (Shanghai) Co (SHSE:688802) has a ROCE % of -2.96% as of Mar. 2026.
Is MetaX Integrated Circuits (Shanghai) Co's ROCE % too high?
MetaX Integrated Circuits (Shanghai) Co's current ROCE % is -2.96%. Overall, MetaX Integrated Circuits (Shanghai) Co has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does MetaX Integrated Circuits (Shanghai) Co's ROCE % compare to APH and GLW?
MetaX Integrated Circuits (Shanghai) Co's ROCE % of -2.96% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.82. 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 5.82, based on 2,449 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 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MetaX Integrated Circuits (Shanghai) Co's current ROCE % is -2.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MetaX Integrated Circuits (Shanghai) Co stock overvalued right now?
MetaX Integrated Circuits (Shanghai) Co (SHSE:688802) has a current ROCE % of -2.96%. The current ROCE % is -2.96%. MetaX Integrated Circuits (Shanghai) Co's overall GF Score™ is 7/100 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 MetaX Integrated Circuits (Shanghai) Co (SHSE:688802), the current ROCE % is -2.96% 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.

MetaX Integrated Circuits (Shanghai) Co Business Description

Address Lane 999, Haike Road, Building C8, Pudong New Area, Shanghai, CHN, 200120
MetaX Integrated Circuits (Shanghai) Co Ltd is engaged in the research, design, and sale of high-performance GPU chips and computing platforms. Its business activities include technical services, technology development, consulting, and technology transfer in the areas of integrated circuit, electronic, communication, computer software and hardware, and network technologies. The company also provides integrated circuit design, software development, and sells electronic products.
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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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