Fufeng Group (FRA:FFO1) ROCE % : 23.59% (As of Dec. 2023)

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What is Fufeng Group ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Fufeng Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 23.59%.

Fufeng Group ROCE % Historical Data

The historical data trend for Fufeng Group's ROCE % 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.

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Fufeng Group ROCE % Chart

Fufeng Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.07

6.97

12.07

30.39

22.04

Fufeng Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															12.49	30.33	28.01	20.62	23.59

Fufeng Group ROCE % Calculation

Fufeng Group's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	515.676	/	( ( (3573.14 - 1271.177)	+	(4181.722 - 1803.712) )	/ 2 )
	=	515.676	/	( (2301.963	+	2378.01)	/ 2 )
	=	515.676	/	2339.9865
	=	22.04 %

Fufeng Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	555.42	/	( ( (3465.483 - 1134.242)	+	(4181.722 - 1803.712) )	/ 2 )
	=	555.42	/	( ( 2331.241	+	2378.01 )	/ 2 )
	=	555.42	/	2354.6255
	=	23.59 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Fufeng Group (FRA:FFO1) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Fufeng Group ROCE % Related Terms

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Fufeng Group (FRA:FFO1) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Fufeng Group Ltd (FRA:FFO1) » Definitions » ROCE %

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00546:Hong Kong

Address

12/F, Tower 3,33 Canton Road, Suite 1204B–7A China, Tsim Sha Tsui, Kowloon, Hong Kong City, HKG

Website

http://www.fufeng-group.com

Fufeng Group Ltd manufactures and sells a variety of chemicals primarily used by the food and agricultural industries. The company's operating segments include Food additives; Animal nutrition; High-end amino acid; Colloid and others. It generates maximum revenue from the Food additives segment. The Food additives segment is engaged in the manufacturing and sale of food additives products, including monosodium glutamate (MSG), starch sweeteners, glutamic acid, compound seasoning and corn oil. The majority of revenue comes from China.

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