Tianjin Meiteng Technology Co Stock

Tianjin Meiteng Technology Co ROCE

The Return on Capital Employed (ROCE) of Tianjin Meiteng Technology Co (688420.SS) as of Aug 26, 2026 is 1.15 %. In the previous year, Return on Capital Employed (ROCE) was 3.97 % — a change of -71.16% (lower).

ROCE

1.15 %

YoY

-71.16%

Last updated:

In 2026, Tianjin Meiteng Technology Co's return on capital employed (ROCE) was 1.15 %, a -71.16% increase from the 3.97 % ROCE in the previous year.

The Tianjin Meiteng Technology Co ROCE history

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ROCE
Date
ROCE
Jan 1, 2019
88.05 CNY
Jan 1, 2020
44.26 CNY
Jan 1, 2021
26.58 CNY
Jan 1, 2022
9.44 CNY
Jan 1, 2023
3.97 CNY
Jan 1, 2024
1.15 CNY
The Tianjin Meiteng Technology Co ROCE history
YEARROCEYoY
1.15 %-71.16%
3.97 %-57.94%
9.44 %-64.47%
26.58 %-39.95%
44.26 %-49.73%
88.05 %
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Tianjin Meiteng Technology Co Stock analysis

What does Tianjin Meiteng Technology Co do? Tianjin Meiteng Technology Co is one of the most popular companies on Eulerpool.

ROCE Details

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

Tianjin Meiteng 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 Tianjin Meiteng 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

Tianjin Meiteng 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 Tianjin Meiteng 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 Tianjin Meiteng Technology Co stock

Return on Capital Employed (ROCE) of Tianjin Meiteng Technology Co is 1.15 % in 2026.

Return on Capital Employed (ROCE) of Tianjin Meiteng Technology Co changed from 3.97 % to 1.15 %, representing a -71.16% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Tianjin Meiteng 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 Tianjin Meiteng 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 — Tianjin Meiteng Technology Co

All Key Metrics — Tianjin Meiteng Technology Co