Ciqtek Co (SHSE:688828) ROCE %: 1.37% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688828 Ciqtek Co Ltd SHSE:688828
3 GF Score
Price ¥96.56
! 3 Warning Signs
View Full Analysis

What is Ciqtek Co ROCE %?

Ciqtek Co SHSE:688828 -5.80% 3 ROCE % is 1.37% as of Jun. 2026. GuruFocus rates SHSE:688828 with a GF Score™ of 3/100. 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. Ciqtek Co's annualized ROCE % for the quarter that ended in Jun. 2026 was 1.37%.

Ciqtek Co  (SHSE:688828) 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.

Ciqtek Co ROCE % Related Terms

Ciqtek Co ROCE % Historical Data

* Premium members only.

The historical data trend for Ciqtek 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.

Ciqtek Co ROCE % Chart

Ciqtek Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROCE %
-13.75 -15.40 -8.53 0.06

Ciqtek Co Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Dec25 Mar26 Jun26
ROCE % Get a 7-Day Free Trial -17.51 -12.46 0.00 -28.95 1.37
SHSE:688828
3GF Score
Ciqtek Co Ltd SHSE:688828
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ciqtek Co ROCE % Calculation

Ciqtek 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 )
=0.594/( ( (1375.717 - 382.527) + (1495.822 - 475.283) )/ 2 )
=0.594/( (993.19+1020.539)/ 2 )
=0.594/1006.8645
=0.06 %

Ciqtek 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 )
=12.984/( ( (1501.829 - 549.603) + (1555.666 - 617.302) )/ 2 )
=12.984/( ( 952.226 + 938.364 )/ 2 )
=12.984/945.295
=1.37 %

(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 1.37% mean?
Ciqtek Co (SHSE:688828) has a ROCE % of 1.37% as of Jun. 2026.
Is Ciqtek Co's ROCE % too high?
Ciqtek Co's current ROCE % is 1.37%. The Hardware industry median ROCE % is 6.57. Ciqtek Co's value of 1.37% is 79.1% below this industry median. Overall, Ciqtek Co has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Ciqtek Co's ROCE % compare to GRMN and COHR?
Ciqtek Co's ROCE % of 1.37% can be compared against companies in the Hardware industry. The industry median ROCE % is 6.57. Ciqtek Co's value of 1.37% is 79.1% below 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. Ciqtek Co's current ROCE % of 1.37% is 79.1% below 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. Ciqtek Co's current ROCE % is 1.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ciqtek Co stock overvalued right now?
Ciqtek Co (SHSE:688828) has a current ROCE % of 1.37%. The current ROCE % is 1.37% and 79.1% below the Hardware industry median of 6.57. Ciqtek Co's overall GF Score™ is 3/100 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 Ciqtek Co (SHSE:688828), the current ROCE % is 1.37% 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.

Ciqtek Co Business Description

Address No. 1969, Kongquetai Road, High-tech Zone, Anhui Province, Hefei, CHN, 230088
Ciqtek Co Ltd is engaged in the research, development, production and sales of high-end scientific instruments. Its main business includes Electron Microscopy (FIB/SEM, TEM), Nuclear Magnetic Resonance (NMR) Spectroscopy, Electron Paramagnetic Resonance (EPR/ESR) Spectroscopy, and BET Surface Area & Pore Analyzers. The company provides customized products and solutions across environmental science, biochemistry, semiconductor technology, and materials science.
3GF Score

Get the complete analysis for SHSE:688828

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

¥96.56
Price