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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. Jilin Chemical Fibre Co's annualized ROCE % for the quarter that ended in Jun. 2026 was 2.97%.
Jilin Chemical Fibre Co (SZSE:000420) 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.
* 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.
(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.
Jilin Chemical Fibre Co (SZSE:000420) has a ROCE % of 2.97% as of Jun. 2026.
Is Jilin Chemical Fibre Co's ROCE % too high?
Jilin Chemical Fibre Co's current ROCE % is 2.97%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.76. Jilin Chemical Fibre Co's value of 2.97% is 56% below this industry median. Overall, Jilin Chemical Fibre Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jilin Chemical Fibre Co's ROCE % compare to competitors?
Jilin Chemical Fibre Co's ROCE % of 2.97% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.76. Jilin Chemical Fibre Co's value of 2.97% is 56% 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.76, based on 1,046 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. Jilin Chemical Fibre Co's current ROCE % of 2.97% is 56% 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jilin Chemical Fibre Co's current ROCE % is 2.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jilin Chemical Fibre Co stock overvalued right now?
Based on GuruFocus' analysis, Jilin Chemical Fibre Co (SZSE:000420) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.53, compared to a current price of ¥3.49 — trading 23% below its estimated fair value. The current ROCE % is 2.97% and 56% below the Manufacturing - Apparel & Accessories industry median of 6.76. Jilin Chemical Fibre Co's overall GF Score™ is 73/100 with 6 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 Jilin Chemical Fibre Co (SZSE:000420), the current ROCE % is 2.97% 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.
Is Jilin Chemical Fibre Co (SZSE:000420) Overvalued in 2026?
Based on GuruFocus' analysis, Jilin Chemical Fibre Co stock appears to be undervalued.
The current stock price of ¥3.49 is trading 23% below its estimated GF Value™ of ¥4.53.
GuruFocus considers Jilin Chemical Fibre Co to be Modestly Undervalued.
Key valuation signals for SZSE:000420:
ROCE %: 2.97%
GF Value™: ¥4.53 vs. price of ¥3.49 (23% below fair value)
Industry Position: 56% below the Manufacturing - Apparel & Accessories median
No single metric tells the full story. See the SZSE:000420 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jilin Chemical Fibre Co Ltd is engaged in chemical fiber manufacturing. The products of the company include viscose staple fiber, viscose filament yarn, acrylic fiber, chemical fiber pulp, yarn, a heat accumulating fiber, anti-pill fiber, gelled dying fiber, carbon fiber precursor, and paper products.
73GF 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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