Haiyang Technology Co

Haiyang Technology Co ROCE

The Return on Capital Employed (ROCE) of Haiyang Technology Co (603382.SS) as of Oct 17, 2026 is 15.01 %. In the previous year, Return on Capital Employed (ROCE) was 15.55 % — a change of -3.45% (lower).

ROCE

15.01 %

YoY

-3.45%

Last updated:

In 2024, Haiyang Technology Co's return on capital employed (ROCE) was 15.01 %, a -3.45% increase from the 15.55 % ROCE in the previous year.

The Haiyang Technology Co ROCE history

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  • Max

ROCE
Date
ROCE
Jan 1, 2022
20.98 CNY
Jan 1, 2023
15.55 CNY
Jan 1, 2024
15.01 CNY
The Haiyang Technology Co ROCE history
YEARROCEYoY
15.01 %-3.45%
15.55 %-25.90%
20.98 %—

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Haiyang Technology Co Stock analysis

What does Haiyang Technology Co do? Haiyang Technology Co Ltd is a company based in Taizhou, China, operating within the Materials sector, specifically in the Chemicals industry. The company is engaged in the production, development, and application of Nylon 6 chips, reinforcement materials for the tire industry, and Nylon 6 fiber, integrating research and development, production, and sales activities. Its products include nylon 6 chips, nylon 6 yarns, and tire cord fabrics, which are categorized into nylon 6 tire cord fabrics, polyester tire cord fabrics, and nylon 66 tire cord fabrics. These products are utilized in the fields of nylon fibers, engineering plastics, and films. The company serves a global market, with primary cooperation focused on chemical, chemical fiber, and tire enterprises. Haiyang Technology Co Ltd completed its initial public offering (IPO) on June 12, 2025. The company's website is http://www.pa6.com.cn. It is listed under the ticker 603382.SS with ISIN CNE1000070D7. The company's headquarters are located in Taizhou, Jiangsu, China. The firm's operations integrate R&D, production, and sales, targeting key industries such as chemical manufacturing, chemical fiber production, and tire manufacturing. The company's product portfolio emphasizes nylon-based materials and their applications across various industrial sectors. Haiyang Technology Co is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Haiyang Technology Co's Return on Capital Employed (ROCE)

Haiyang Technology Co's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Haiyang Technology Co's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Haiyang Technology Co's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Haiyang Technology Co’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Haiyang Technology Co stock

Return on Capital Employed (ROCE) of Haiyang Technology Co is 15.01 % in 2024.

Return on Capital Employed (ROCE) of Haiyang Technology Co changed from 15.55 % to 15.01 %, representing a -3.45% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Haiyang Technology Co since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Haiyang Technology Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Haiyang Technology Co

All Key Metrics — Haiyang Technology Co