Inner Mongolia North Hauler JSC (SHSE:600262) ROIC %: 16.59% (As of Mar. 2026)


SHSE:600262 Inner Mongolia North Hauler JSC Ltd SHSE:600262
77 GF Score
Price ¥20.13
GF Value ¥23.04
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Inner Mongolia North Hauler JSC ROIC %?

Inner Mongolia North Hauler JSC SHSE:600262 -0.15% 77 ROIC % is 16.59% as of Mar. 2026. GuruFocus rates SHSE:600262 with a GF Score™ of 77/100 and a GF Value™ of ¥23.04 (Modestly Undervalued). The stock has 2 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 %. Inner Mongolia North Hauler JSC's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 16.59%.

As of today (2026-07-02), Inner Mongolia North Hauler JSC's WACC % is 11.21%. Inner Mongolia North Hauler JSC's ROIC % is 16.35% (calculated using TTM income statement data). Inner Mongolia North Hauler JSC generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


Inner Mongolia North Hauler JSC  (SHSE:600262) 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, Inner Mongolia North Hauler JSC's WACC % is 11.21%. Inner Mongolia North Hauler JSC's ROIC % is 16.35% (calculated using TTM income statement data). Inner Mongolia North Hauler JSC generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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.


Inner Mongolia North Hauler JSC ROIC % Related Terms


Inner Mongolia North Hauler JSC ROIC % Historical Data

* Premium members only.

The historical data trend for Inner Mongolia North Hauler JSC'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.

Inner Mongolia North Hauler JSC ROIC % Chart

Inner Mongolia North Hauler JSC 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 2.48 9.55 12.67 15.90 15.64

Inner Mongolia North Hauler JSC 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 19.83 19.50 17.42 11.77 16.59

SHSE:600262 vs CAT, DE, PCAR: ROIC % Comparison

For the Farm & Heavy Construction Machinery subindustry, Inner Mongolia North Hauler JSC'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.


Inner Mongolia North Hauler JSC ROIC % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Inner Mongolia North Hauler JSC's ROIC % distribution charts can be found below:

* The bar in red indicates where Inner Mongolia North Hauler JSC's ROIC % falls into.


SHSE:600262
77GF Score
Inner Mongolia North Hauler JSC Ltd SHSE:600262
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Inner Mongolia North Hauler JSC ROIC % Calculation

Inner Mongolia North Hauler JSC'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 )
=388.088 * ( 1 - 14.39% )/( (1884.806 + 2365.106)/ 2 )
=332.2421368/2124.956
=15.64 %

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))
=4219.484 - 1465.471 - ( 869.207 - max(0, 2201.041 - 3679.483+869.207))
=1884.806

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))
=4783.738 - 1405.893 - ( 1012.739 - max(0, 2649.632 - 4257.264+1012.739))
=2365.106

Inner Mongolia North Hauler JSC'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 )
=457.628 * ( 1 - 14.77% )/( (2365.106 + 2337.777)/ 2 )
=390.0363444/2351.4415
=16.59 %

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))
=4783.738 - 1405.893 - ( 1012.739 - max(0, 2649.632 - 4257.264+1012.739))
=2365.106

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))
=5347.674 - 1636.878 - ( 1373.019 - max(0, 3122.814 - 4810.695+1373.019))
=2337.777

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 16.59% mean?
Inner Mongolia North Hauler JSC (SHSE:600262) has a ROIC % of 16.59% 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 Inner Mongolia North Hauler JSC and its competitors.
Is Inner Mongolia North Hauler JSC's ROIC % too high?
Inner Mongolia North Hauler JSC's current ROIC % is 16.59%. The Farm & Heavy Construction Machinery industry median ROIC % is 5.56. Inner Mongolia North Hauler JSC's value of 16.59% is 198.4% above this industry median. Overall, Inner Mongolia North Hauler JSC has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inner Mongolia North Hauler JSC's ROIC % compare to CAT and DE?
Inner Mongolia North Hauler JSC's ROIC % of 16.59% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median ROIC % is 5.56. Inner Mongolia North Hauler JSC's value of 16.59% is 198.4% 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 a Farm & Heavy Construction Machinery company?
The median ROIC % among Farm & Heavy Construction Machinery companies is 5.56, based on 208 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. Inner Mongolia North Hauler JSC's current ROIC % of 16.59% is 198.4% 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 Inner Mongolia North Hauler JSC and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROIC % is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inner Mongolia North Hauler JSC's current ROIC % is 16.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inner Mongolia North Hauler JSC stock overvalued right now?
Based on GuruFocus' analysis, Inner Mongolia North Hauler JSC (SHSE:600262) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.04, compared to a current price of ¥20.13 — trading 12.6% below its estimated fair value. The current ROIC % is 16.59% and 198.4% above the Farm & Heavy Construction Machinery industry median of 5.56. Inner Mongolia North Hauler JSC's overall GF Score™ is 77/100 with 2 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 Inner Mongolia North Hauler JSC (SHSE:600262), the current ROIC % is 16.59% 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 Inner Mongolia North Hauler JSC (SHSE:600262) Overvalued in 2026?

Based on GuruFocus' analysis, Inner Mongolia North Hauler JSC stock appears to be undervalued. The current stock price of ¥20.13 is trading 12.6% below its estimated GF Value™ of ¥23.04. GuruFocus considers Inner Mongolia North Hauler JSC to be Modestly Undervalued.

Key valuation signals for SHSE:600262:

  • ROIC %: 16.59%
  • GF Value™: ¥23.04 vs. price of ¥20.13 (12.6% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 198.4% above the Farm & Heavy Construction Machinery median

No single metric tells the full story. See the SHSE:600262 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inner Mongolia North Hauler JSC Business Description

Address Rare-Earth High Technology Development Zone, North Hauler Joint Stock Co. Building, Baotou, Inner Mongolia, CHN, 014030
Inner Mongolia North Hauler JSC Ltd manufactures and markets off-highway mining vehicles, their parts and components. The product portfolio includes - Electric drive mining dump truck, Articulated mining dump truck, Coal mine underground explosion-proof engineering dump truck, and Hydraulic excavator rotary drilling rig side dump truck.
77GF Score

Get the complete analysis for SHSE:600262

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

¥20.13
Price
¥23.04
GF Value