That is shockingly good. EIA reports existing grid scale battery round trip is like 82% which do not have moving parts.
...in 2019, the U.S. utility-scale battery fleet operated with an average monthly round-trip efficiency of 82%, and pumped-storage facilities operated with an average monthly round-trip efficiency of 79%....
https://www.eia.gov/todayinenergy/detail.php?id=46756