Jiangsu Lopal Tech Group Co (HKSE:02465) ROIC %: 9.61% (As of Mar. 2026)

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HKSE:02465 Jiangsu Lopal Tech Group Co Ltd HKSE:02465
49 GF Score
Price HK$9.63
GF Value HK$5.96
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Jiangsu Lopal Tech Group Co ROIC %?

Jiangsu Lopal Tech Group Co HKSE:02465 -3.99% 49 ROIC % is 9.61% as of Mar. 2026. GuruFocus rates HKSE:02465 with a GF Score™ of 49/100 and a GF Value™ of HK$5.96 (Significantly Overvalued). The stock has 10 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Jiangsu Lopal Tech Group Co's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 9.61%.

As of today (2026-07-30), Jiangsu Lopal Tech Group Co's WACC % is 9.73%. Jiangsu Lopal Tech Group Co's ROIC % is 4.41% (calculated using TTM income statement data). Jiangsu Lopal Tech Group Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Jiangsu Lopal Tech Group Co  (HKSE:02465) 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, Jiangsu Lopal Tech Group Co's WACC % is 9.73%. Jiangsu Lopal Tech Group Co's ROIC % is 4.41% (calculated using TTM income statement data). Jiangsu Lopal Tech Group Co 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.


Jiangsu Lopal Tech Group Co ROIC % Related Terms


Jiangsu Lopal Tech Group Co ROIC % Historical Data

* Premium members only.

The historical data trend for Jiangsu Lopal Tech Group Co's ROIC % 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.

Jiangsu Lopal Tech Group Co ROIC % Chart

Jiangsu Lopal Tech Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.64 17.41 -5.68 -1.30 1.56

Jiangsu Lopal Tech Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 1.54 1.38 1.44 0.83 9.61

HKSE:02465 vs MPC, VLO, PSX: ROIC % Comparison

For the Oil & Gas Refining & Marketing subindustry, Jiangsu Lopal Tech Group Co'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.


Jiangsu Lopal Tech Group Co ROIC % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jiangsu Lopal Tech Group Co's ROIC % distribution charts can be found below:

* The bar in red indicates where Jiangsu Lopal Tech Group Co's ROIC % falls into.


HKSE:02465
49GF Score
Jiangsu Lopal Tech Group Co Ltd HKSE:02465
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu Lopal Tech Group Co ROIC % Calculation

Jiangsu Lopal Tech Group Co's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=409.691 * ( 1 - 32.37% )/( (16547.728 + 18921.896)/ 2 )
=277.0740233/17734.812
=1.56 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=17141.675 - 2125.342 - ( 3502.951 - max(0, 9216.806 - 7685.411+3502.951))
=16547.728

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=20627.259 - 3055.718 - ( 4738.684 - max(0, 11958.366 - 10608.011+4738.684))
=18921.896

Jiangsu Lopal Tech Group Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=2003.916 * ( 1 - 4.61% )/( (18921.896 + 20849.955)/ 2 )
=1911.5354724/19885.9255
=9.61 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=20627.259 - 3055.718 - ( 4738.684 - max(0, 11958.366 - 10608.011+4738.684))
=18921.896

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=24034.042 - 3587.672 - ( 4874.234 - max(0, 13817.067 - 13413.482+4874.234))
=20849.955

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 9.61% mean?
Jiangsu Lopal Tech Group Co (HKSE:02465) has a ROIC % of 9.61% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Jiangsu Lopal Tech Group Co and its competitors.
Is Jiangsu Lopal Tech Group Co's ROIC % too high?
Jiangsu Lopal Tech Group Co's current ROIC % is 9.61%. The Oil & Gas industry median ROIC % is 3.72. Jiangsu Lopal Tech Group Co's value of 9.61% is 158.7% above this industry median. Overall, Jiangsu Lopal Tech Group Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Lopal Tech Group Co's ROIC % compare to MPC and VLO?
Jiangsu Lopal Tech Group Co's ROIC % of 9.61% can be compared against companies in the Oil & Gas industry. The industry median ROIC % is 3.72. Jiangsu Lopal Tech Group Co's value of 9.61% is 158.7% 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 ROIC % for an Oil & Gas company?
The median ROIC % among Oil & Gas companies is 3.72, based on 998 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. Jiangsu Lopal Tech Group Co's current ROIC % of 9.61% is 158.7% 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 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 Jiangsu Lopal Tech Group Co and its competitors. For the Oil & Gas industry, the median ROIC % is 3.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Lopal Tech Group Co's current ROIC % is 9.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Lopal Tech Group Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Lopal Tech Group Co (HKSE:02465) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$5.96, compared to a current price of HK$9.63 — trading 61.6% above its estimated fair value. The current ROIC % is 9.61% and 158.7% above the Oil & Gas industry median of 3.72. Jiangsu Lopal Tech Group Co's overall GF Score™ is 49/100 with 10 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 Jiangsu Lopal Tech Group Co (HKSE:02465), the current ROIC % is 9.61% 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 Jiangsu Lopal Tech Group Co (HKSE:02465) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Lopal Tech Group Co stock appears to be overvalued. The current stock price of HK$9.63 is trading 61.6% above its estimated GF Value™ of HK$5.96. GuruFocus considers Jiangsu Lopal Tech Group Co to be Significantly Overvalued.

Key valuation signals for HKSE:02465:

  • ROIC %: 9.61%
  • GF Value™: HK$5.96 vs. price of HK$9.63 (61.6% above fair value)
  • GF Score™: 49/100 with 10 warning signs
  • Industry Position: 158.7% above the Oil & Gas median

No single metric tells the full story. See the HKSE:02465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Lopal Tech Group Co Business Description

Industry EnergyOil & Gas
Other Exchanges 603906:China
Address No. 6 Hengtong Avenue, Nanjing Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 210038
Jiangsu Lopal Tech Group Co Ltd and its subsidiaries are principally engaged in the production and sale of lithium iron phosphate (LFP) cathode materials and automotive specialty chemicals. Its product offerings mainly include lithium cathode materials used in new energy vehicles and energy storage products; and automotive and industrial lubricants, diesel engine exhaust treatment fluids, coolants, and a variety of automotive maintenance products, marketed under Lopal, Kelas, and Teec brands. The Group's operating segments are: Sale of LFP cathode materials, which generate maximum revenue, Processing of lithium carbonate and raw materials, Sale of automotive specialty chemicals, and Other businesses.
49GF Score

Get the complete analysis for HKSE:02465

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

HK$9.63
Price
HK$5.96
GF Value