Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811) ROCE %: 1.73% (As of Mar. 2026)

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SHSE:688811 Grinm Metal Composites (Beijing) Technolgy Co Ltd SHSE:688811
17 GF Score
Price ¥23.18
! 3 Warning Signs
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What is Grinm Metal Composites (Beijing) Technolgy Co ROCE %?

Grinm Metal Composites (Beijing) Technolgy Co SHSE:688811 +1.22% 17 ROCE % is 1.73% as of Mar. 2026. GuruFocus rates SHSE:688811 with a GF Score™ of 17/100. The stock has 3 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. Grinm Metal Composites (Beijing) Technolgy Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 1.73%.

Grinm Metal Composites (Beijing) Technolgy Co  (SHSE:688811) 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.

Grinm Metal Composites (Beijing) Technolgy Co ROCE % Related Terms

Grinm Metal Composites (Beijing) Technolgy Co ROCE % Historical Data

* Premium members only.

The historical data trend for Grinm Metal Composites (Beijing) Technolgy 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.

Grinm Metal Composites (Beijing) Technolgy Co ROCE % Chart

Grinm Metal Composites (Beijing) Technolgy Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROCE %
24.27 16.86 12.52 10.09

Grinm Metal Composites (Beijing) Technolgy Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only -0.66 10.00 45.22 -112.24 1.73
SHSE:688811
17GF Score
Grinm Metal Composites (Beijing) Technolgy Co Ltd SHSE:688811
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Grinm Metal Composites (Beijing) Technolgy Co ROCE % Calculation

Grinm Metal Composites (Beijing) Technolgy 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 )
=82.257/( ( (1088.044 - 300.682) + (1059.917 - 217.161) )/ 2 )
=82.257/( (787.362+842.756)/ 2 )
=82.257/815.059
=10.09 %

Grinm Metal Composites (Beijing) Technolgy 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 )
=14.612/( ( (1059.917 - 217.161) + (1056.691 - 214.614) )/ 2 )
=14.612/( ( 842.756 + 842.077 )/ 2 )
=14.612/842.4165
=1.73 %

(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 1.73% mean?
Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811) has a ROCE % of 1.73% as of Mar. 2026.
Is Grinm Metal Composites (Beijing) Technolgy Co's ROCE % too high?
Grinm Metal Composites (Beijing) Technolgy Co's current ROCE % is 1.73%. Overall, Grinm Metal Composites (Beijing) Technolgy Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Grinm Metal Composites (Beijing) Technolgy Co's ROCE % compare to competitors?
Grinm Metal Composites (Beijing) Technolgy Co's ROCE % of 1.73% can be compared against companies in the Metals & Mining industry. 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 Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. 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. Grinm Metal Composites (Beijing) Technolgy Co's current ROCE % is 1.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grinm Metal Composites (Beijing) Technolgy Co stock overvalued right now?
Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811) has a current ROCE % of 1.73%. The current ROCE % is 1.73%. Grinm Metal Composites (Beijing) Technolgy Co's overall GF Score™ is 17/100 with 3 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 Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811), the current ROCE % is 1.73% 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.

Grinm Metal Composites (Beijing) Technolgy Co Business Description

Address North side of Liushan Street, Gaolou Town, Sanhe City, Hebei Province, Langfang, CHN, 101407
Grinm Metal Composites (Beijing) Technolgy Co Ltd is engaged in the research, development, production and sales of metal composite materials and products, and special non-ferrous metal alloy products. Its activities include the manufacturing and processing of non-ferrous metals, as well as the production and sale of metal matrix and ceramic matrix composites, forgings, and powder metallurgy products.
17GF 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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