ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Shougang Fushan Resources Group's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 2.49%.
As of today (2026-06-29), Shougang Fushan Resources Group's WACC % is 7.36%. Shougang Fushan Resources Group's ROIC % is 4.18% (calculated using TTM income statement data).
Shougang Fushan Resources Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Shougang Fushan Resources Group (OTCPK:FSHYF) ROIC % Explanation
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROIC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Shougang Fushan Resources Group's WACC % is 7.36%. Shougang Fushan Resources Group's ROIC % is 4.18% (calculated using TTM income statement data).
Shougang Fushan Resources Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Shougang Fushan Resources Group ROIC % Related Terms
Shougang Fushan Resources Group ROIC % 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.
For the Coking Coal subindustry, Shougang Fushan Resources Group's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shougang Fushan Resources Group ROIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Shougang Fushan Resources Group's ROIC % distribution charts can be found below:
* The bar in red indicates where Shougang Fushan Resources Group's ROIC % falls into.
Note:
The Operating Income data used here is two times the semi-annual (Dec. 2025) data.
The tax rate is limited to between 0% and 100%.
* 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.
Shougang Fushan Resources Group (FSHYF) has a ROIC % of 2.49% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Shougang Fushan Resources Group and its competitors.
Is Shougang Fushan Resources Group's ROIC % too high?
Shougang Fushan Resources Group's current ROIC % is 2.49%. The Steel industry median ROIC % is 2.51. Shougang Fushan Resources Group's value of 2.49% is 0.6% below this industry median. Overall, Shougang Fushan Resources Group has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shougang Fushan Resources Group's ROIC % compare to HCC and AMR?
Shougang Fushan Resources Group's ROIC % of 2.49% can be compared against companies in the Steel industry. The industry median ROIC % is 2.51. Shougang Fushan Resources Group's value of 2.49% is 0.6% 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 ROIC % for a Steel company?
The median ROIC % among Steel companies is 2.51, based on 622 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shougang Fushan Resources Group's current ROIC % of 2.49% is 0.6% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Shougang Fushan Resources Group and its competitors. For the Steel industry, the median ROIC % is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shougang Fushan Resources Group's current ROIC % is 2.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shougang Fushan Resources Group stock overvalued right now?
Based on GuruFocus' analysis, Shougang Fushan Resources Group (FSHYF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.40, compared to a current price of $0.31 — trading 21.3% below its estimated fair value. The current ROIC % is 2.49% and 0.6% below the Steel industry median of 2.51. Shougang Fushan Resources Group's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Shougang Fushan Resources Group (FSHYF), the current ROIC % is 2.49% as of Dec. 2025. 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 Shougang Fushan Resources Group (FSHYF) Overvalued in 2026?
Based on GuruFocus' analysis, Shougang Fushan Resources Group stock appears to be undervalued.
The current stock price of $0.31 is trading 21.3% below its estimated GF Value™ of $0.40.
GuruFocus considers Shougang Fushan Resources Group to be Modestly Undervalued.
Key valuation signals for FSHYF:
ROIC %: 2.49%
GF Value™: $0.40 vs. price of $0.31 (21.3% below fair value)
No single metric tells the full story. See the FSHYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shougang Fushan Resources Group Business Description
Shougang Fushan Resources Group Ltd is engaged in coking coal mining, producing, and selling coking coal products in the PRC. It derives revenue from the sale of clean coking coal, sales of self-produced by-products and trading of coal products. The Group operates coking coal mines and coal preparation plants. It has three premium operating coking coal mines in Liulin County, Shanxi Province (Xingwu Coal Mine, Jinjiazhuang Coal Mine and Zhaiyadi Coal Mine), along with three premium coking coal mines and the associated coal preparation plants for the production of raw and clean coking coal. The Group has a business presence in the PRC and Hong Kong. The Group generates overall revenue from the PRC.
59GF Score
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