Qingci Games (STU:Z56) ROIC %: -22.37% (As of Dec. 2025)


STU:Z56 Qingci Games Inc STU:Z56
67 GF Score
Price €0.28
GF Value €0.34
! 5 Warning Signs
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What is Qingci Games ROIC %?

Qingci Games STU:Z56 +2.96% 67 ROIC % is -22.37% as of Dec. 2025. GuruFocus rates STU:Z56 with a GF Score™ of 67/100 and a GF Value™ of €0.34. 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 %. Qingci Games's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was -22.37%.

As of today (2026-07-03), Qingci Games's WACC % is 4.66%. Qingci Games's ROIC % is -1.62% (calculated using TTM income statement data). Qingci Games earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Qingci Games  (STU:Z56) 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, Qingci Games's WACC % is 4.66%. Qingci Games's ROIC % is -1.62% (calculated using TTM income statement data). Qingci Games 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.


Qingci Games ROIC % Related Terms


Qingci Games ROIC % Historical Data

* Premium members only.

The historical data trend for Qingci Games'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.

Qingci Games ROIC % Chart

Qingci Games Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial 95.16 5.45 -3.36 -4.28 -1.47

Qingci Games Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -30.48 3.04 -11.53 14.28 -22.37

STU:Z56 vs NTES, EA, TTWO: ROIC % Comparison

For the Electronic Gaming & Multimedia subindustry, Qingci Games'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.


Qingci Games ROIC % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Qingci Games's ROIC % distribution charts can be found below:

* The bar in red indicates where Qingci Games's ROIC % falls into.


STU:Z56
67GF Score
Qingci Games Inc STU:Z56
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Qingci Games ROIC % Calculation

Qingci Games'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 )
=-0.668 * ( 1 - 6.21% )/( (47.86 + 37.241)/ 2 )
=-0.6265172/42.5505
=-1.47 %

where

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))
=248.739 - 10.567 - ( 208.236 - max(0, 18.133 - 219.064+208.236))
=37.241

Qingci Games's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-8.966 * ( 1 - 0% )/( (42.935 + 37.241)/ 2 )
=-8.966/40.088
=-22.37 %

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))
=248.739 - 10.567 - ( 208.236 - max(0, 18.133 - 219.064+208.236))
=37.241

Note: The Operating Income data used here is two times the semi-annual (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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of -22.37% mean?
Qingci Games (STU:Z56) has a ROIC % of -22.37% 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 Qingci Games and its competitors.
Is Qingci Games' ROIC % too high?
Qingci Games' current ROIC % is -22.37%. Overall, Qingci Games has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Qingci Games' ROIC % compare to NTES and EA?
Qingci Games' ROIC % of -22.37% can be compared against companies in the Interactive Media industry. The industry median ROIC % is 1.89. 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 Interactive Media company?
The median ROIC % among Interactive Media companies is 1.89, based on 559 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 Qingci Games and its competitors. For the Interactive Media industry, the median ROIC % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingci Games's current ROIC % is -22.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingci Games stock overvalued right now?
Qingci Games (STU:Z56) has a current ROIC % of -22.37%. The stock's GF Value™ is €0.34, compared to a current price of €0.28 — trading 18.2% below its estimated fair value. The current ROIC % is -22.37%. Qingci Games' overall GF Score™ is 67/100 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 Qingci Games (STU:Z56), the current ROIC % is -22.37% 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.

Is Qingci Games (STU:Z56) Overvalued in 2026?

Based on GuruFocus' analysis, Qingci Games stock appears to be undervalued. The current stock price of €0.28 is trading 18.2% below its estimated GF Value™ of €0.34.

Key valuation signals for STU:Z56:

  • ROIC %: -22.37%
  • GF Value™: €0.34 vs. price of €0.28 (18.2% below fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the STU:Z56 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qingci Games Business Description

Other Exchanges 06633:Hong Kong
Address 4 Wang Hai Road, 5th Floor, Xiamen Software Park II, Fujian Province, Xiamen, CHN, 361008
Qingci Games Inc is an integrated mobile game developer and publisher in China. It offers mobile games that are designed to provide captivating content as well as distinctive and engaging gameplay experiences to players in mainland China and overseas.
67GF Score

Get the complete analysis for STU:Z56

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

€0.28
Price
€0.34
GF Value