Jiangsu Maysta Chemical Co (SHSE:603041) ROIC %: 6.87% (As of Mar. 2026)

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SHSE:603041 Jiangsu Maysta Chemical Co Ltd SHSE:603041
77 GF Score
Price ¥9.89
GF Value ¥13.02
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Jiangsu Maysta Chemical Co ROIC %?

Jiangsu Maysta Chemical Co SHSE:603041 -0.50% 77 ROIC % is 6.87% as of Mar. 2026. GuruFocus rates SHSE:603041 with a GF Score™ of 77/100 and a GF Value™ of ¥13.02 (Modestly Undervalued). The stock has 5 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 Maysta Chemical Co's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 6.87%.

As of today (2026-07-30), Jiangsu Maysta Chemical Co's WACC % is 9.30%. Jiangsu Maysta Chemical Co's ROIC % is 5.25% (calculated using TTM income statement data). Jiangsu Maysta Chemical Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Jiangsu Maysta Chemical Co  (SHSE:603041) 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 Maysta Chemical Co's WACC % is 9.30%. Jiangsu Maysta Chemical Co's ROIC % is 5.25% (calculated using TTM income statement data). Jiangsu Maysta Chemical 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 Maysta Chemical Co ROIC % Related Terms


Jiangsu Maysta Chemical Co ROIC % Historical Data

* Premium members only.

The historical data trend for Jiangsu Maysta Chemical 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 Maysta Chemical Co ROIC % Chart

Jiangsu Maysta Chemical 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 17.54 13.88 13.47 7.53 4.12

Jiangsu Maysta Chemical 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 2.54 6.91 2.89 4.26 6.87

SHSE:603041 vs LIN, SHW, ECL: ROIC % Comparison

For the Specialty Chemicals subindustry, Jiangsu Maysta Chemical 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 Maysta Chemical Co ROIC % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Maysta Chemical Co's ROIC % distribution charts can be found below:

* The bar in red indicates where Jiangsu Maysta Chemical Co's ROIC % falls into.


SHSE:603041
77GF Score
Jiangsu Maysta Chemical Co Ltd SHSE:603041
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Maysta Chemical Co ROIC % Calculation

Jiangsu Maysta Chemical 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 )
=49.989 * ( 1 - 27.13% )/( (857.534 + 909.127)/ 2 )
=36.4269843/883.3305
=4.12 %

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))
=1802.496 - 261.291 - ( 683.671 - max(0, 300.856 - 1007.725+683.671))
=857.534

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))
=1759.692 - 206.519 - ( 644.046 - max(0, 220.211 - 880.345+644.046))
=909.127

Jiangsu Maysta Chemical 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 )
=82.52 * ( 1 - 23.39% )/( (909.127 + 930.747)/ 2 )
=63.218572/919.937
=6.87 %

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))
=1759.692 - 206.519 - ( 644.046 - max(0, 220.211 - 880.345+644.046))
=909.127

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))
=1806.864 - 219.828 - ( 656.289 - max(0, 244.338 - 939.449+656.289))
=930.747

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 6.87% mean?
Jiangsu Maysta Chemical Co (SHSE:603041) has a ROIC % of 6.87% 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 Maysta Chemical Co and its competitors.
Is Jiangsu Maysta Chemical Co's ROIC % too high?
Jiangsu Maysta Chemical Co's current ROIC % is 6.87%. The Chemicals industry median ROIC % is 4.49. Jiangsu Maysta Chemical Co's value of 6.87% is 53% above this industry median. Overall, Jiangsu Maysta Chemical Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Maysta Chemical Co's ROIC % compare to LIN and SHW?
Jiangsu Maysta Chemical Co's ROIC % of 6.87% can be compared against companies in the Chemicals industry. The industry median ROIC % is 4.49. Jiangsu Maysta Chemical Co's value of 6.87% is 53% 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 Chemicals company?
The median ROIC % among Chemicals companies is 4.49, based on 1,577 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 Maysta Chemical Co's current ROIC % of 6.87% is 53% 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 Maysta Chemical Co and its competitors. For the Chemicals industry, the median ROIC % is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Maysta Chemical Co's current ROIC % is 6.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Maysta Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Maysta Chemical Co (SHSE:603041) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.02, compared to a current price of ¥9.89 — trading 24% below its estimated fair value. The current ROIC % is 6.87% and 53% above the Chemicals industry median of 4.49. Jiangsu Maysta Chemical Co's overall GF Score™ is 77/100 with 5 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 Maysta Chemical Co (SHSE:603041), the current ROIC % is 6.87% 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 Maysta Chemical Co (SHSE:603041) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Maysta Chemical Co stock appears to be undervalued. The current stock price of ¥9.89 is trading 24% below its estimated GF Value™ of ¥13.02. GuruFocus considers Jiangsu Maysta Chemical Co to be Modestly Undervalued.

Key valuation signals for SHSE:603041:

  • ROIC %: 6.87%
  • GF Value™: ¥13.02 vs. price of ¥9.89 (24% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 53% above the Chemicals median

No single metric tells the full story. See the SHSE:603041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Maysta Chemical Co Business Description

Address No.18,Xingjian Road, Economic and Technical Development Zone, Nanjing, CHN, 210046
Jiangsu Maysta Chemical Co Ltd is mainly engaged in the research and development, production and sales of organosilicon surfactants in China. Its product portfolio includes Silicone Surfactants for rigid, flexible, and phenolic foams, polyurethane foams and shoe soles, and oil displacement.
77GF Score

Get the complete analysis for SHSE:603041

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

¥9.89
Price
¥13.02
GF Value