Crystal Growth and Energy Equipment (SHSE:688478) ROIC %: -4.82% (As of Mar. 2026)

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SHSE:688478 Crystal Growth and Energy Equipment Inc SHSE:688478
57 GF Score
Price ¥47.28
GF Value ¥3.61
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Crystal Growth and Energy Equipment ROIC %?

Crystal Growth and Energy Equipment SHSE:688478 +10.42% 57 ROIC % is -4.82% as of Mar. 2026. GuruFocus rates SHSE:688478 with a GF Score™ of 57/100 and a GF Value™ of ¥3.61 (Significantly Overvalued). The stock has 6 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 %. Crystal Growth and Energy Equipment's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was -4.82%.

As of today (2026-07-21), Crystal Growth and Energy Equipment's WACC % is 14.59%. Crystal Growth and Energy Equipment's ROIC % is -4.87% (calculated using TTM income statement data). Crystal Growth and Energy Equipment earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Crystal Growth and Energy Equipment  (SHSE:688478) 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, Crystal Growth and Energy Equipment's WACC % is 14.59%. Crystal Growth and Energy Equipment's ROIC % is -4.87% (calculated using TTM income statement data). Crystal Growth and Energy Equipment 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.


Crystal Growth and Energy Equipment ROIC % Related Terms


Crystal Growth and Energy Equipment ROIC % Historical Data

* Premium members only.

The historical data trend for Crystal Growth and Energy Equipment'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.

Crystal Growth and Energy Equipment ROIC % Chart

Crystal Growth and Energy Equipment Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial 14.14 6.19 8.80 3.96 -4.51

Crystal Growth and Energy Equipment Quarterly Data
Dec20 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 -2.06 -2.70 -2.52 -7.70 -4.82

SHSE:688478 vs GEV, ETN, PH: ROIC % Comparison

For the Specialty Industrial Machinery subindustry, Crystal Growth and Energy Equipment'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.


Crystal Growth and Energy Equipment ROIC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Crystal Growth and Energy Equipment's ROIC % distribution charts can be found below:

* The bar in red indicates where Crystal Growth and Energy Equipment's ROIC % falls into.


SHSE:688478
57GF Score
Crystal Growth and Energy Equipment Inc SHSE:688478
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Crystal Growth and Energy Equipment ROIC % Calculation

Crystal Growth and Energy Equipment'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 )
=-56.258 * ( 1 - 23.35% )/( (854.581 + 1055.726)/ 2 )
=-43.121757/955.1535
=-4.51 %

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))
=1865.043 - 197.444 - ( 813.018 - max(0, 275.439 - 1258.362+813.018))
=854.581

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))
=1788.026 - 146.062 - ( 586.238 - max(0, 272.702 - 1226.596+586.238))
=1055.726

Crystal Growth and Energy Equipment'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 )
=-71.664 * ( 1 - 24.39% )/( (1055.726 + 1190.516)/ 2 )
=-54.1851504/1123.121
=-4.82 %

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))
=1788.026 - 146.062 - ( 586.238 - max(0, 272.702 - 1226.596+586.238))
=1055.726

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))
=1801.331 - 73.559 - ( 537.256 - max(0, 289.54 - 1239.897+537.256))
=1190.516

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 -4.82% mean?
Crystal Growth and Energy Equipment (SHSE:688478) has a ROIC % of -4.82% 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 Crystal Growth and Energy Equipment and its competitors.
Is Crystal Growth and Energy Equipment's ROIC % too high?
Crystal Growth and Energy Equipment's current ROIC % is -4.82%. Overall, Crystal Growth and Energy Equipment has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Crystal Growth and Energy Equipment's ROIC % compare to GEV and ETN?
Crystal Growth and Energy Equipment's ROIC % of -4.82% can be compared against companies in the Industrial Products industry. The industry median ROIC % is 5.18. 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 Industrial Products company?
The median ROIC % among Industrial Products companies is 5.18, based on 3,031 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 Crystal Growth and Energy Equipment and its competitors. For the Industrial Products industry, the median ROIC % is 5.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crystal Growth and Energy Equipment's current ROIC % is -4.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crystal Growth and Energy Equipment stock overvalued right now?
Based on GuruFocus' analysis, Crystal Growth and Energy Equipment (SHSE:688478) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.61, compared to a current price of ¥47.28 — trading 1209.7% above its estimated fair value. The current ROIC % is -4.82%. Crystal Growth and Energy Equipment's overall GF Score™ is 57/100 with 6 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 Crystal Growth and Energy Equipment (SHSE:688478), the current ROIC % is -4.82% 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 Crystal Growth and Energy Equipment (SHSE:688478) Overvalued in 2026?

Based on GuruFocus' analysis, Crystal Growth and Energy Equipment stock appears to be overvalued. The current stock price of ¥47.28 is trading 1209.7% above its estimated GF Value™ of ¥3.61. GuruFocus considers Crystal Growth and Energy Equipment to be Significantly Overvalued.

Key valuation signals for SHSE:688478:

  • ROIC %: -4.82%
  • GF Value™: ¥3.61 vs. price of ¥47.28 (1209.7% above fair value)
  • GF Score™: 57/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Crystal Growth and Energy Equipment Business Description

Address Hongfeng Science and Technology Park, Economic and Technological Development Zone, Jiangsu Province, West side of Building B4, Nanjing, CHN, 210000
Crystal Growth and Energy Equipment Inc specializes in the development of 8-12-inch semiconductor-grade silicon single crystal furnaces, 6-8-inch silicon carbide, gallium arsenide and other semiconductor material growth equipment and processes.
57GF Score

Get the complete analysis for SHSE:688478

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

¥47.28
Price
¥3.61
GF Value