GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Shenshan Orchard Holdings Co Ltd (SGX:BKV) » Definitions » ROCE %

China Shenshan Orchard Holdings Co (SGX:BKV) ROCE % : -5.29% (As of Jun. 2023)


View and export this data going back to 2008. Start your Free Trial

What is China Shenshan Orchard Holdings 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. China Shenshan Orchard Holdings Co's annualized ROCE % for the quarter that ended in Jun. 2023 was -5.29%.


China Shenshan Orchard Holdings Co ROCE % Historical Data

The historical data trend for China Shenshan Orchard Holdings 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.

China Shenshan Orchard Holdings Co ROCE % Chart

China Shenshan Orchard Holdings Co Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.60 -17.69 -5.58 -0.77 1.81

China Shenshan Orchard Holdings Co Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Dec21 Jun22 Dec22 Jun23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.85 13.99 -4.84 7.45 -5.29

China Shenshan Orchard Holdings Co ROCE % Calculation

China Shenshan Orchard Holdings Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Jun. 2020 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Jun. 2020 )(A: Dec. 2022 )
=3.948/( ( (251.06 - 62.792) + (254.382 - 5.814) )/ 2 )
=3.948/( (188.268+248.568)/ 2 )
=3.948/218.418
=1.81 %

China Shenshan Orchard Holdings Co's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=-12.772/( ( (254.382 - 5.814) + (237.278 - 2.894) )/ 2 )
=-12.772/( ( 248.568 + 234.384 )/ 2 )
=-12.772/241.476
=-5.29 %

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

* 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.


China Shenshan Orchard Holdings Co  (SGX:BKV) 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.


China Shenshan Orchard Holdings Co ROCE % Related Terms

Thank you for viewing the detailed overview of China Shenshan Orchard Holdings Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


China Shenshan Orchard Holdings Co (SGX:BKV) Business Description

Traded in Other Exchanges
N/A
Address
12 Guanghua Road, Chi Ma Port Industrial Zone Chibi, Hubei Province, Zhengzhou, CHN, 450008
China Shenshan Orchard Holdings Co Ltd is a horticultural marketing company engaged in the business of planting, cultivating, and sale of kiwifruits in the People's Republic of China. The firm currently distributes its products via distributors, wholesalers, corporates, and e-commerce platforms.

China Shenshan Orchard Holdings Co (SGX:BKV) Headlines

No Headlines