Ningbo United Group Co

Ningbo United Group Co ROCE

The Return on Capital Employed (ROCE) of Ningbo United Group Co (600051.SS) as of Oct 25, 2026 is 3.25 %. In the previous year, Return on Capital Employed (ROCE) was 2.71 % — a change of 20.00% (higher).

ROCE

3.25 %

YoY

20.00%

Last updated:

In 2024, Ningbo United Group Co's return on capital employed (ROCE) was 3.25 %, a 20.00% increase from the 2.71 % ROCE in the previous year.

The Ningbo United Group Co ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2017
31.97 CNY
Jan 1, 2018
20.36 CNY
Jan 1, 2019
12.67 CNY
Jan 1, 2020
24.78 CNY
Jan 1, 2021
15.75 CNY
Jan 1, 2022
6.36 CNY
Jan 1, 2023
2.71 CNY
Jan 1, 2024
3.25 CNY
The Ningbo United Group Co ROCE history
YEARROCEYoY
3.25 %+20.00%
2.71 %-57.39%
6.36 %-59.63%
15.75 %-36.47%
24.78 %+95.66%
12.67 %-37.77%
20.36 %-36.34%
31.97 %+72.08%
18.58 %+61.36%
11.52 %-25.96%
15.55 %—

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Ningbo United Group Co Stock analysis

What does Ningbo United Group Co do? Ningbo United Group Co Ltd is a Chinese company that was founded in 1998. It is headquartered in Ningbo, a coastal city in the eastern Chinese province of Zhejiang. Ningbo United Group is a significant manufacturer of metal parts, electrical and electronic components, automotive parts, as well as household and kitchen products. The company's business model is based on comprehensive internal control of the production chain, from raw material extraction to processing, logistics, and distribution. The goal is to offer customers the highest quality at a competitive price while ensuring continuous improvement in product quality and internal processes. The company employs over 7,000 employees and operates in more than 20 countries worldwide, covering over 100 regions and cities. Ningbo United Group has a strong presence in the electrical and electronic, automotive, household, and kitchen industries. Key business areas of Ningbo United Group include the production of electrical and electronic components used in various applications including connectors, cables, switches, transformers, batteries, and chargers. These products are primarily used in the automotive industry, telecommunications, robotics, aerospace, and military applications. Another important business area is the manufacturing of automotive parts, including brakes, suspensions, drivetrains, and transmissions. Ningbo United Group also produces engine parts, airbags, and interior parts. The company is a leading manufacturer of automotive parts in China and is currently expanding its production and distribution overseas. In the field of household and kitchen products, Ningbo United Group produces tea pots, coffee and tea machines, and kitchen appliances. The company aims to bring these products to market under its own brand name. In recent years, Ningbo United Group has also focused on the development of renewable energy-based energy products, such as batteries for electric vehicles and solar modules. Overall, Ningbo United Group is a versatile company operating in various industries. The company strives to produce and sell its products at the highest quality level while pursuing a sustainable growth strategy. With its comprehensive expertise, top-notch production, and a constant pursuit of innovation and improvement, the company has laid a strong foundation for future growth and success. Ningbo United Group Co is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Ningbo United Group Co's Return on Capital Employed (ROCE)

Ningbo United Group 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 Ningbo United Group 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

Ningbo United Group 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 Ningbo United Group 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 Ningbo United Group Co stock

Return on Capital Employed (ROCE) of Ningbo United Group Co is 3.25 % in 2024.

Return on Capital Employed (ROCE) of Ningbo United Group Co changed from 2.71 % to 3.25 %, representing a 20.00% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Ningbo United Group 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 Ningbo United Group 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 — Ningbo United Group Co

All Key Metrics — Ningbo United Group Co