Lepu Scientech Medical Technology (Shanghai) Co (HKSE:02291) ROCE % : 9.10% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Lepu Scientech Medical Technology (Shanghai) Co 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. Lepu Scientech Medical Technology (Shanghai) Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.10%.

Lepu Scientech Medical Technology (Shanghai) Co ROCE % Historical Data

The historical data trend for Lepu Scientech Medical Technology (Shanghai) Co'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.

* Premium members only.

Lepu Scientech Medical Technology (Shanghai) Co ROCE % Chart

Lepu Scientech Medical Technology (Shanghai) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

25.80

32.32

24.37

0.36

9.35

Lepu Scientech Medical Technology (Shanghai) Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			16.26	17.38	-5.86	9.71	9.10

Lepu Scientech Medical Technology (Shanghai) Co ROCE % Calculation

Lepu Scientech Medical Technology (Shanghai) Co'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 )
	=	189.768	/	( ( (2020.83 - 70.967)	+	(2172.755 - 64.197) )	/ 2 )
	=	189.768	/	( (1949.863	+	2108.558)	/ 2 )
	=	189.768	/	2029.2105
	=	9.35 %

Lepu Scientech Medical Technology (Shanghai) Co'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 )
	=	187.438	/	( ( (2067.34 - 58.565)	+	(2172.755 - 64.197) )	/ 2 )
	=	187.438	/	( ( 2008.775	+	2108.558 )	/ 2 )
	=	187.438	/	2058.6665
	=	9.10 %

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

Lepu Scientech Medical Technology (Shanghai) Co (HKSE:02291) 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.

Lepu Scientech Medical Technology (Shanghai) Co ROCE % Related Terms

Thank you for viewing the detailed overview of Lepu Scientech Medical Technology (Shanghai) Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lepu Scientech Medical Technology (Shanghai) Co (HKSE:02291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Lepu Scientech Medical Technology (Shanghai) Co Ltd (HKSE:02291) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 258, Xinzhuan Road, 1st Floor, 5th Floor Building 41, Songjiang District, Shanghai, CHN, 201612

Website

http://www.scientechmed.com

Lepu Scientech Medical Technology (Shanghai) Co Ltd is focused on the research and development, production and marketing of structural heart disease medical interventional devices.

Executives

Pu Zhongjie	2201 Interest of corporation controlled by you
Le Pu Bei Jing Yi Liao Qi Xie Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

Lepu Scientech Medical Technology (Shanghai) Co (HKSE:02291) Headlines

No Headlines