Tongda Smart Tech (Xiamen) Co (SZSE:001368) ROCE %: 7.43% (As of Jun. 2026)

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SZSE:001368 Tongda Smart Tech (Xiamen) Co Ltd SZSE:001368
88 GF Score
Price ¥23.42
GF Value ¥28.23
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Tongda Smart Tech (Xiamen) Co ROCE %?

Tongda Smart Tech (Xiamen) Co SZSE:001368 -3.82% 88 ROCE % is 7.43% as of Jun. 2026. GuruFocus rates SZSE:001368 with a GF Score™ of 88/100 and a GF Value™ of ¥28.23 (Modestly Undervalued). The stock has 4 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. Tongda Smart Tech (Xiamen) Co's annualized ROCE % for the quarter that ended in Jun. 2026 was 7.43%.

Tongda Smart Tech (Xiamen) Co  (SZSE:001368) 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.

Tongda Smart Tech (Xiamen) Co ROCE % Related Terms

Tongda Smart Tech (Xiamen) Co ROCE % Historical Data

* Premium members only.

The historical data trend for Tongda Smart Tech (Xiamen) 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.

Tongda Smart Tech (Xiamen) Co ROCE % Chart

Tongda Smart Tech (Xiamen) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 27.34 22.35 10.56 8.17 7.60

Tongda Smart Tech (Xiamen) Co Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.46 7.25 5.35 9.79 7.43
SZSE:001368
88GF Score
Tongda Smart Tech (Xiamen) Co Ltd SZSE:001368
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongda Smart Tech (Xiamen) Co ROCE % Calculation

Tongda Smart Tech (Xiamen) 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 )
=107.306/( ( (1725.067 - 324.931) + (1735.57 - 312.73) )/ 2 )
=107.306/( (1400.136+1422.84)/ 2 )
=107.306/1411.488
=7.60 %

Tongda Smart Tech (Xiamen) 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 )
=108.852/( ( (1776.903 - 323.98) + (1804.635 - 327.502) )/ 2 )
=108.852/( ( 1452.923 + 1477.133 )/ 2 )
=108.852/1465.028
=7.43 %

(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 7.43% mean?
Tongda Smart Tech (Xiamen) Co (SZSE:001368) has a ROCE % of 7.43% as of Jun. 2026.
Is Tongda Smart Tech (Xiamen) Co's ROCE % too high?
Tongda Smart Tech (Xiamen) Co's current ROCE % is 7.43%. The Furnishings, Fixtures & Appliances industry median ROCE % is 5.87. Tongda Smart Tech (Xiamen) Co's value of 7.43% is 26.6% above this industry median. Overall, Tongda Smart Tech (Xiamen) Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tongda Smart Tech (Xiamen) Co's ROCE % compare to SN and SGI?
Tongda Smart Tech (Xiamen) Co's ROCE % of 7.43% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROCE % is 5.87. Tongda Smart Tech (Xiamen) Co's value of 7.43% is 26.6% 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 Furnishings, Fixtures & Appliances company?
The median ROCE % among Furnishings, Fixtures & Appliances companies is 5.87, based on 428 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. Tongda Smart Tech (Xiamen) Co's current ROCE % of 7.43% is 26.6% 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 Furnishings, Fixtures & Appliances industry, the median ROCE % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongda Smart Tech (Xiamen) Co's current ROCE % is 7.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongda Smart Tech (Xiamen) Co stock overvalued right now?
Based on GuruFocus' analysis, Tongda Smart Tech (Xiamen) Co (SZSE:001368) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥28.23, compared to a current price of ¥23.42 — trading 17% below its estimated fair value. The current ROCE % is 7.43% and 26.6% above the Furnishings, Fixtures & Appliances industry median of 5.87. Tongda Smart Tech (Xiamen) Co's overall GF Score™ is 88/100 with 4 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 Tongda Smart Tech (Xiamen) Co (SZSE:001368), the current ROCE % is 7.43% 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 Tongda Smart Tech (Xiamen) Co (SZSE:001368) Overvalued in 2026?

Based on GuruFocus' analysis, Tongda Smart Tech (Xiamen) Co stock appears to be undervalued. The current stock price of ¥23.42 is trading 17% below its estimated GF Value™ of ¥28.23. GuruFocus considers Tongda Smart Tech (Xiamen) Co to be Modestly Undervalued.

Key valuation signals for SZSE:001368:

  • ROCE %: 7.43%
  • GF Value™: ¥28.23 vs. price of ¥23.42 (17% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 26.6% above the Furnishings, Fixtures & Appliances median

No single metric tells the full story. See the SZSE:001368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tongda Smart Tech (Xiamen) Co Business Description

Address No. 89 DingShan Middle Road, Dongfu Town, Fujian Province, Haicang District, Xiamen, CHN, 361000
Tongda Smart Tech (Xiamen) Co Ltd is engaged in the research and development, production, and sales of consumer products such as sports, outdoor, home life, health care, and others.
88GF Score

Get the complete analysis for SZSE:001368

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

¥23.42
Price
¥28.23
GF Value