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Shenzhen Kaizhong Precision Technology Co (SZSE:002823) 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.
Shenzhen Kaizhong Precision Technology Co ROCE % Related Terms
Shenzhen Kaizhong Precision Technology Co ROCE % Historical 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.
Shenzhen Kaizhong Precision Technology Co ROCE % Chart
Shenzhen Kaizhong Precision Technology Co Annual Data
(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.
Shenzhen Kaizhong Precision Technology Co (SZSE:002823) has a ROCE % of 11.41% as of Jun. 2026.
Is Shenzhen Kaizhong Precision Technology Co's ROCE % too high?
Shenzhen Kaizhong Precision Technology Co's current ROCE % is 11.41%. The Industrial Products industry median ROCE % is 7.18. Shenzhen Kaizhong Precision Technology Co's value of 11.41% is 58.9% above this industry median. Overall, Shenzhen Kaizhong Precision Technology Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Kaizhong Precision Technology Co's ROCE % compare to SNA and RBC?
Shenzhen Kaizhong Precision Technology Co's ROCE % of 11.41% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.18. Shenzhen Kaizhong Precision Technology Co's value of 11.41% is 58.9% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.18, based on 3,033 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. Shenzhen Kaizhong Precision Technology Co's current ROCE % of 11.41% is 58.9% 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 Industrial Products industry, the median ROCE % is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Kaizhong Precision Technology Co's current ROCE % is 11.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Kaizhong Precision Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Kaizhong Precision Technology Co (SZSE:002823) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.98, compared to a current price of ¥13.14 — trading 6% below its estimated fair value. The current ROCE % is 11.41% and 58.9% above the Industrial Products industry median of 7.18. Shenzhen Kaizhong Precision Technology Co's overall GF Score™ is 78/100 with 2 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 Shenzhen Kaizhong Precision Technology Co (SZSE:002823), the current ROCE % is 11.41% 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 Shenzhen Kaizhong Precision Technology Co (SZSE:002823) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Kaizhong Precision Technology Co stock appears to be undervalued.
The current stock price of ¥13.14 is trading 6% below its estimated GF Value™ of ¥13.98.
GuruFocus considers Shenzhen Kaizhong Precision Technology Co to be Fairly Valued.
Key valuation signals for SZSE:002823:
ROCE %: 11.41%
GF Value™: ¥13.98 vs. price of ¥13.14 (6% below fair value)
Industry Position: 58.9% above the Industrial Products median
No single metric tells the full story. See the SZSE:002823 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Kaizhong Precision Technology Co Ltd operates in the Chinese commutator industry. The company is specialized in the research and development and production of various types of quality commutators, slip rings, connectors, battery accessories, lightweight parts, high-strength and elastic parts, multi-layer insulated wires and other core precision parts for motor and electrical control system. Its products are widely applied in automotive, aerospace, household appliances, power tools and medical devices.
78GF Score
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