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ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Zhejiang Galaxis Technology Group Co's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was -1.04%.
As of today (2026-08-12), Zhejiang Galaxis Technology Group Co's WACC % is 10.61%. Zhejiang Galaxis Technology Group Co's ROIC % is -0.26% (calculated using TTM income statement data).
Zhejiang Galaxis Technology Group Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Zhejiang Galaxis Technology Group Co (HKSE:02729) 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, Zhejiang Galaxis Technology Group Co's WACC % is 10.61%. Zhejiang Galaxis Technology Group Co's ROIC % is -0.26% (calculated using TTM income statement data).
Zhejiang Galaxis Technology 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.
Zhejiang Galaxis Technology Group Co ROIC % Related Terms
Zhejiang Galaxis Technology Group Co 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.
Zhejiang Galaxis Technology Group Co ROIC % Chart
Zhejiang Galaxis Technology Group Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
ROIC %
-4.78
-4.28
-1.23
-1.12
Zhejiang Galaxis Technology Group Co Quarterly Data
Dec22
Dec23
Dec24
Sep25
Dec25
ROIC %
0.00
0.00
2.07
0.00
-1.04
HKSE:02729 vs DELL, ANET, SNDK: ROIC % Comparison
For the Computer Hardware subindustry, Zhejiang Galaxis Technology 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.
Zhejiang Galaxis Technology Group Co ROIC % vs Hardware Industry
Note:
The Operating Income data used here is four times the quarterly (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.
Zhejiang Galaxis Technology Group Co (HKSE:02729) has a ROIC % of -1.04% 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 Zhejiang Galaxis Technology Group Co and its competitors.
Is Zhejiang Galaxis Technology Group Co's ROIC % too high?
Zhejiang Galaxis Technology Group Co's current ROIC % is -1.04%. Overall, Zhejiang Galaxis Technology Group Co has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Galaxis Technology Group Co's ROIC % compare to DELL and ANET?
Zhejiang Galaxis Technology Group Co's ROIC % of -1.04% can be compared against companies in the Hardware industry. The industry median ROIC % is 4.24. 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 Hardware company?
The median ROIC % among Hardware companies is 4.24, based on 2,441 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. 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 Zhejiang Galaxis Technology Group Co and its competitors. For the Hardware industry, the median ROIC % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Galaxis Technology Group Co's current ROIC % is -1.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Galaxis Technology Group Co stock overvalued right now?
Zhejiang Galaxis Technology Group Co (HKSE:02729) has a current ROIC % of -1.04%. The current ROIC % is -1.04%. Zhejiang Galaxis Technology Group Co's overall GF Score™ is 7/100 with 3 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 Zhejiang Galaxis Technology Group Co (HKSE:02729), the current ROIC % is -1.04% 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.
Zhejiang Galaxis Technology Group Co Ltd is principally engaged in the research and development, production of logistics robots and intelligent logistics equipment and systems. The company's robotics solutions are used in intralogistics operations, including systems for storage, sorting, and transport. It operates under three core product lines: multi-directional shuttle robots (MSRs), autonomous mobile robots (AMRs), and conveying and sorting robots (CSRs). The company generates revenue from its intelligent intralogistics solutions through the sale of robots and systems, and after sales and other services. Geographically, it generates the maximum revenue from the Chinese Mainland.
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