Shanghai Precilasers Technology Co (SHSE:688826) ROCE %: 47.59% (As of Jun. 2026)

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SHSE:688826 Shanghai Precilasers Technology Co Ltd SHSE:688826
20 GF Score
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What is Shanghai Precilasers Technology Co ROCE %?

Shanghai Precilasers Technology Co SHSE:688826 -4.10% 20 ROCE % is 47.59% as of Jun. 2026. GuruFocus rates SHSE:688826 with a GF Score™ of 20/100. The stock has 1 warning sign 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. Shanghai Precilasers Technology Co's annualized ROCE % for the quarter that ended in Jun. 2026 was 47.59%.

Shanghai Precilasers Technology Co  (SHSE:688826) 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.

Shanghai Precilasers Technology Co ROCE % Related Terms

Shanghai Precilasers Technology Co ROCE % Historical Data

* Premium members only.

The historical data trend for Shanghai Precilasers Technology 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.

Shanghai Precilasers Technology Co ROCE % Chart

Shanghai Precilasers Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROCE %
60.89 73.22 55.99 42.77

Shanghai Precilasers Technology Co Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Dec25 Mar26 Jun26
ROCE % Get a 7-Day Free Trial 26.96 57.93 0.00 23.11 47.59
SHSE:688826
20GF Score
Shanghai Precilasers Technology Co Ltd SHSE:688826
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Precilasers Technology Co ROCE % Calculation

Shanghai Precilasers Technology 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 )
=179.287/( ( (510.586 - 169.455) + (750.65 - 253.415) )/ 2 )
=179.287/( (341.131+497.235)/ 2 )
=179.287/419.183
=42.77 %

Shanghai Precilasers Technology Co's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=270.352/( ( (775.041 - 247.441) + (894.064 - 285.589) )/ 2 )
=270.352/( ( 527.6 + 608.475 )/ 2 )
=270.352/568.0375
=47.59 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 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 47.59% mean?
Shanghai Precilasers Technology Co (SHSE:688826) has a ROCE % of 47.59% as of Jun. 2026.
Is Shanghai Precilasers Technology Co's ROCE % too high?
Shanghai Precilasers Technology Co's current ROCE % is 47.59%. The Hardware industry median ROCE % is 6.57. Shanghai Precilasers Technology Co's value of 47.59% is 624.4% above this industry median. Overall, Shanghai Precilasers Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Precilasers Technology Co's ROCE % compare to GRMN and COHR?
Shanghai Precilasers Technology Co's ROCE % of 47.59% can be compared against companies in the Hardware industry. The industry median ROCE % is 6.57. Shanghai Precilasers Technology Co's value of 47.59% is 624.4% 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 Hardware company?
The median ROCE % among Hardware companies is 6.57, based on 2,453 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. Shanghai Precilasers Technology Co's current ROCE % of 47.59% is 624.4% 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 Hardware industry, the median ROCE % is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Precilasers Technology Co's current ROCE % is 47.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Precilasers Technology Co stock overvalued right now?
Shanghai Precilasers Technology Co (SHSE:688826) has a current ROCE % of 47.59%. The current ROCE % is 47.59% and 624.4% above the Hardware industry median of 6.57. Shanghai Precilasers Technology Co's overall GF Score™ is 20/100 with 1 warning sign 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 Shanghai Precilasers Technology Co (SHSE:688826), the current ROCE % is 47.59% as of Jun. 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.

Shanghai Precilasers Technology Co Business Description

Address No. 1918 Xupan Road, Section D, 2nd Floor, Building 2, Xuhang Town, Jiading District, Shanghai, CHN, 201808
Shanghai Precilasers Technology Co Ltd is engaged in the research, development, production and sales of precision lasers. It targets various markets such as quantum information, lidar, and medical aesthetics, it offers high-end fiber laser products with precisely controllable wavelength, linewidth, and pulse waveform. Its high-end laser products are already used in cutting-edge quantum science research, including quantum precision measurement, quantum computing, lidar, laser sensing, and semiconductor testing and processing.
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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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