Qingdao Taide Automobile Bearing Co (BJSE:920378) WACC %:9.25% (As of Aug. 13, 2026) — 11% Below Median

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BJSE:920378 Qingdao Taide Automobile Bearing Co Ltd BJSE:920378
71 GF Score
Price ¥7.38
GF Value ¥9.02
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Qingdao Taide Automobile Bearing Co WACC %?

Qingdao Taide Automobile Bearing Co BJSE:920378 71 WACC % is 9.25% as of Aug. 13, 2026, which is 11% below its 10-year median of 10.34. GuruFocus rates BJSE:920378 with a GF Score™ of 71/100 and a GF Value™ of ¥9.02 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,340 Vehicles & Parts companies, Qingdao Taide Automobile Bearing Co ranks worse than 56.64% on this metric.

As of today (2026-08-13), Qingdao Taide Automobile Bearing Co's weighted average cost of capital is 9.25%%. Qingdao Taide Automobile Bearing Co's ROIC % is 6.61% (calculated using TTM income statement data). Qingdao Taide Automobile Bearing Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.

For a comprehensive WACC calculation, please access the WACC Calculator.


Qingdao Taide Automobile Bearing Co  (BJSE:920378) WACC % Explanation

Because it costs money to raise capital. A firm that generates higher ROIC % 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, Qingdao Taide Automobile Bearing Co's weighted average cost of capital is 9.25%%. Qingdao Taide Automobile Bearing Co's ROIC % is 6.61% (calculated using TTM income statement data). Qingdao Taide Automobile Bearing Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

1. GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together.
For companies that report quarterly, GuruFocus combines all of the most recent year's quarterly debt data from the beginning of the year to the year-end and calculates the average.
For companies that report semi-annually, GuruFocus combines all of the most recent year's semi-annual debt data from the start of the year to the year-end and calculates the average.
For companies that report annually, GuruFocus combines the beginning and ending annual debt data from the most recent year and then calculates the average.

2. The WACC formula discussed above does not include Preferred Stock. Please adjust if preferred stock is considered.

3. (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.

4. GuruFocus uses the latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.


Related Terms

Qingdao Taide Automobile Bearing Co WACC % Historical Data

* Premium members only.

The historical data trend for Qingdao Taide Automobile Bearing Co's WACC % 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.

Qingdao Taide Automobile Bearing Co WACC % Chart

Qingdao Taide Automobile Bearing Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
WACC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.06 9.26 9.65 10.34 8.25

Qingdao Taide Automobile Bearing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
WACC % 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 9.99 9.48 8.19 8.25 8.89

BJSE:920378 vs ORLY, AZO: WACC % Comparison

For the Auto Parts subindustry, Qingdao Taide Automobile Bearing Co's WACC %, along with its competitors' market caps and WACC % 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.


Qingdao Taide Automobile Bearing Co WACC % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Qingdao Taide Automobile Bearing Co's WACC % distribution charts can be found below:

* The bar in red indicates where Qingdao Taide Automobile Bearing Co's WACC % falls into.


BJSE:920378
71GF Score
Qingdao Taide Automobile Bearing Co Ltd BJSE:920378
WACC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Qingdao Taide Automobile Bearing Co WACC % Calculation

The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. The WACC is commonly referred to as the firm's cost of capital. Generally speaking, a company's assets are financed by debt and equity. WACC is the average of the costs of these sources of financing, each of which is weighted by its respective use in the given situation. By taking a weighted average, we can see how much interest the company has to pay for every dollar it finances.

WACC=E/(E + D)*Cost of Equity+D/(E + D)*Cost of Debt*(1 - Tax Rate)

1. Weights:
Generally speaking, a company's assets are financed by debt and equity. We need to calculate the weight of equity and the weight of debt.
The market value of equity (E) is also called "Market Cap". As of today, Qingdao Taide Automobile Bearing Co's market capitalization (E) is ¥1147.782 Mil.
The market value of debt is typically difficult to calculate, therefore, GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding the latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together. As of Mar. 2026, Qingdao Taide Automobile Bearing Co's latest one-year quarterly average Book Value of Debt (D) is ¥99.6368 Mil.
a) weight of equity = E / (E + D) = 1147.782 / (1147.782 + 99.6368) = 0.9201
b) weight of debt = D / (E + D) = 99.6368 / (1147.782 + 99.6368) = 0.0799

2. Cost of Equity:
GuruFocus uses Capital Asset Pricing Model (CAPM) to calculate the required rate of return. The formula is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
a) GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate. It is updated daily. The current risk-free rate is 4.641%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default.
b) Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. Qingdao Taide Automobile Bearing Co's beta is 0.8690.
c) (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
Cost of Equity = 4.641% + 0.8690 * 6% = 9.855%

3. Cost of Debt:
GuruFocus uses latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
As of Mar. 2026, Qingdao Taide Automobile Bearing Co's interest expense (positive number) was ¥2.564 Mil. Its total Book Value of Debt (D) is ¥99.6368 Mil.
Cost of Debt = 2.564 / 99.6368 = 2.5733%.

4. Multiply by one minus TTM Tax Rate:
GuruFocus uses the most recent TTM Tax Expense divided by the most recent TTM Pre-Tax Income to calculate the tax rate. The calculated TTM tax rate is limited to between 0% and 100%. If the calculated tax rate is higher than 100%, it is set to 100%. If the calculated tax rate is less than 0%, it is set to 0%.
The latest calculated TTM Tax Rate = 2.309 / 25.037 = 9.22%.

Qingdao Taide Automobile Bearing Co's Weighted Average Cost Of Capital (WACC) for Today is calculated as:

WACC=E / (E + D)*Cost of Equity+D / (E + D)*Cost of Debt*(1 - Tax Rate)
=0.9201*9.855%+0.0799*2.5733%*(1 - 9.22%)
=9.25%

* 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 WACC % →
What does a WACC % of 9.25% mean?
Qingdao Taide Automobile Bearing Co (BJSE:920378) has a WACC % of 9.25% as of Aug. 13, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Qingdao Taide Automobile Bearing Co and its competitors. This is 11% below median its historical median of 10.34. Over the past decade, Qingdao Taide Automobile Bearing Co's WACC % has ranged from 3.94 to 36.26. According to the industry distribution chart, Qingdao Taide Automobile Bearing Co ranks #759 out of 1340 companies in the Vehicles & Parts industry, placing it in the top 56.6%.
Is Qingdao Taide Automobile Bearing Co's WACC % too high?
Qingdao Taide Automobile Bearing Co's current WACC % of 9.25% is 11% below median its 10-year median of 10.34. Over the past 10 years, this metric has ranged from a low of 3.94 to a high of 36.26. The Vehicles & Parts industry median WACC % is 8.46. Qingdao Taide Automobile Bearing Co's value of 9.25% is 9.3% above this industry median. Based on the distribution chart, Qingdao Taide Automobile Bearing Co ranks #759 out of 1340 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Qingdao Taide Automobile Bearing Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Taide Automobile Bearing Co's WACC % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Qingdao Taide Automobile Bearing Co ranks #759 out of 1340 companies for WACC %. This places Qingdao Taide Automobile Bearing Co in the lower half of its industry. The industry median WACC % is 8.46. Qingdao Taide Automobile Bearing Co's value of 9.25% is 9.3% above this benchmark. Historically, Qingdao Taide Automobile Bearing Co's own WACC % has ranged from 3.94 to 36.26 over the past decade. While the company's 10-year median is 10.34 vs. the industry median of 8.46, Qingdao Taide Automobile Bearing Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good WACC % for a Vehicles & Parts company?
The median WACC % among Vehicles & Parts companies is 8.46, based on 1,340 companies in the industry. Companies in the top quartile (top 25%) have a WACC % significantly above this median, while those in the bottom quartile fall well below. However, WACC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Qingdao Taide Automobile Bearing Co's current WACC % of 9.25% is 9.3% 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 WACC % mean?
A high WACC % can signal that a stock is expensive relative to its fundamentals. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on Qingdao Taide Automobile Bearing Co and its competitors. For the Vehicles & Parts industry, the median WACC % is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingdao Taide Automobile Bearing Co's current WACC % is 9.25%, which is 11% below median its own 10-year median of 10.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Taide Automobile Bearing Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Taide Automobile Bearing Co (BJSE:920378) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.02, compared to a current price of ¥7.38 — trading 18.2% below its estimated fair value. The current WACC % is 9.25%, which is 11% below median its 10-year median of 10.34 and 9.3% above the Vehicles & Parts industry median of 8.46. Qingdao Taide Automobile Bearing Co's overall GF Score™ is 71/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is WACC % calculated?
WACC % is calculated from a company's financial statements. For Qingdao Taide Automobile Bearing Co (BJSE:920378), the current WACC % is 9.25% as of Aug. 13, 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 Qingdao Taide Automobile Bearing Co (BJSE:920378) Overvalued in 2026?

Based on GuruFocus' analysis, Qingdao Taide Automobile Bearing Co stock appears to be undervalued. The current stock price of ¥7.38 is trading 18.2% below its estimated GF Value™ of ¥9.02. GuruFocus considers Qingdao Taide Automobile Bearing Co to be Modestly Undervalued.

Key valuation signals for BJSE:920378:

  • WACC %: 9.25% (11% below median its 10-year median of 10.34)
  • GF Value™: ¥9.02 vs. price of ¥7.38 (18.2% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 9.3% above the Vehicles & Parts median (#759 of 1340)

No single metric tells the full story. See the BJSE:920378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qingdao Taide Automobile Bearing Co Business Description

Address No. 10 Xinghua Road, Licang District, Shandong Province, Qingdao City, CHN, 266041
Qingdao Taide Automobile Bearing Co Ltd engages in the manufacturing and sales of high-precision special bearings for automobiles. It mainly produces high-quality automotive engine gear with specially used bearings: Automobile Air-condition compressor electromagnetic clutch bearing, tension bearing and unit for automotive engine, idler bearing, and unit, automotive engine intelligence fan clutch bearing, automotive silicone oil fan clutch bearing, automotive water pump bearing, precision bearing used in automotive engine auxiliary device, mower bearing.
71GF Score

Get the complete analysis for BJSE:920378

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

¥7.38
Price
¥9.02
GF Value