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Ningbo Zhongda Leader Intelligent Transmission Co (SZSE:002896) 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.
Ningbo Zhongda Leader Intelligent Transmission Co ROCE % Related Terms
Ningbo Zhongda Leader Intelligent Transmission 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.
Ningbo Zhongda Leader Intelligent Transmission Co ROCE % Chart
Ningbo Zhongda Leader Intelligent Transmission Co Annual Data
(1) Note:
The EBIT data used here is four times the quarterly (Mar. 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.
Ningbo Zhongda Leader Intelligent Transmission Co (SZSE:002896) has a ROCE % of 3.92% as of Mar. 2026.
Is Ningbo Zhongda Leader Intelligent Transmission Co's ROCE % too high?
Ningbo Zhongda Leader Intelligent Transmission Co's current ROCE % is 3.92%. The Industrial Products industry median ROCE % is 7.19. Ningbo Zhongda Leader Intelligent Transmission Co's value of 3.92% is 45.5% below this industry median. Overall, Ningbo Zhongda Leader Intelligent Transmission Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Zhongda Leader Intelligent Transmission Co's ROCE % compare to GEV and ETN?
Ningbo Zhongda Leader Intelligent Transmission Co's ROCE % of 3.92% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.19. Ningbo Zhongda Leader Intelligent Transmission Co's value of 3.92% is 45.5% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.19, based on 3,026 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. Ningbo Zhongda Leader Intelligent Transmission Co's current ROCE % of 3.92% is 45.5% 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 Industrial Products industry, the median ROCE % is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Zhongda Leader Intelligent Transmission Co's current ROCE % is 3.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Zhongda Leader Intelligent Transmission Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Zhongda Leader Intelligent Transmission Co (SZSE:002896) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥35.35, compared to a current price of ¥77.56 — trading 119.4% above its estimated fair value. The current ROCE % is 3.92% and 45.5% below the Industrial Products industry median of 7.19. Ningbo Zhongda Leader Intelligent Transmission Co's overall GF Score™ is 73/100 with 5 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 Ningbo Zhongda Leader Intelligent Transmission Co (SZSE:002896), the current ROCE % is 3.92% as of Mar. 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 Ningbo Zhongda Leader Intelligent Transmission Co (SZSE:002896) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Zhongda Leader Intelligent Transmission Co stock appears to be overvalued.
The current stock price of ¥77.56 is trading 119.4% above its estimated GF Value™ of ¥35.35.
GuruFocus considers Ningbo Zhongda Leader Intelligent Transmission Co to be Significantly Overvalued.
Key valuation signals for SZSE:002896:
ROCE %: 3.92%
GF Value™: ¥35.35 vs. price of ¥77.56 (119.4% above fair value)
Industry Position: 45.5% below the Industrial Products median
No single metric tells the full story. See the SZSE:002896 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Zhongda Leader Intelligent Transmission Co Ltd is an electromechanical automation enterprise. The company is engaged in the research, development, manufacture, sales and service of the motor drive, micro-motor and precision reducer. Its product offering includes small AC geared motor, miniature AC geared motor, transmission planetary reducer, hypoid motor and electric forklift. Its products are widely used in industrial robots, intelligent logistics, new energy, work machine and other fields, as well as food, packaging, textile, electronics, medical and other special machinery and equipment.
73GF Score
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