JGC Holdings (JGC Holdings) ROCE % : -0.85% (As of Dec. 2023)

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What is JGC Holdings 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. JGC Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.85%.

JGC Holdings ROCE % Historical Data

The historical data trend for JGC Holdings'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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JGC Holdings ROCE % Chart

JGC Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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6.74

5.72

4.75

-5.41

10.66

JGC Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															2.98	12.00	15.88	6.80	-0.85

JGC Holdings ROCE % Calculation

JGC Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	373.869	/	( ( (5855.028 - 2140.678)	+	(5335.209 - 2036.49) )	/ 2 )
	=	373.869	/	( (3714.35	+	3298.719)	/ 2 )
	=	373.869	/	3506.5345
	=	10.66 %

JGC Holdings'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-26.808	/	( ( (5101.87 - 1989.354)	+	(5274.601 - 2101.187) )	/ 2 )
	=	-26.808	/	( ( 3112.516	+	3173.414 )	/ 2 )
	=	-26.808	/	3142.965
	=	-0.85 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

JGC Holdings (OTCPK:JGCCY) 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.

JGC Holdings ROCE % Related Terms

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JGC Holdings (JGC Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JGC Holdings Corp (OTCPK:JGCCY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

1963:Japan VJC:Germany

Address

2-3-1, Minato Mirai, Nishi-Ku, Kanagawa, Yokohama-shi, JPN, 220-6001

Website

http://www.jgc.com

JGC Holdings Corp offers planning, consulting, materials procurement, construction, operation, and maintenance for various plants and facilities. In addition, it invests in oil and gas field development projects and utility businesses. The company has two operating segments: total engineering the (majority of total revenue); and catalysts and fine products. It constructs and performs tests on machinery and plants for multiple energy and industrial markets. The company utilizes engineering technology and project management capabilities. Additional sales are generated from providing operational support after completion of projects. Asia is an important region for the company, but the company also sells to Australia, the Middle East, and North America.