Sino Grandness Food Industry Group (SGX:T4B) ROCE % : 0.00% (As of Dec. 2020)

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What is Sino Grandness Food Industry 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. Sino Grandness Food Industry Group's annualized ROCE % for the quarter that ended in Dec. 2020 was 0.00%.

Sino Grandness Food Industry Group ROCE % Historical Data

The historical data trend for Sino Grandness Food Industry 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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Sino Grandness Food Industry Group ROCE % Chart

Sino Grandness Food Industry Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

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19.66

11.48

11.13

-52.44

4.75

Sino Grandness Food Industry Group Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Dec20	Dec21
ROCE %	Get a 7-Day Free Trial															13.96	24.39	3.01	-	-

Sino Grandness Food Industry Group ROCE % Calculation

Sino Grandness Food Industry Group's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	21.394	/	( ( (717.311 - 274.961)	+	(754.593 - 295.991) )	/ 2 )
	=	21.394	/	( (442.35	+	458.602)	/ 2 )
	=	21.394	/	450.476
	=	4.75 %

Sino Grandness Food Industry Group's ROCE % of for the quarter that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2020 )		(Q: Dec. 2019 )		(Q: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2020 )		(Q: Dec. 2019 )		(Q: Dec. 2020 )
	=	0	/	( ( (985.938 - 246.711)	+	(717.311 - 274.961) )	/ 2 )
	=	0	/	( ( 739.227	+	442.35 )	/ 2 )
	=	0	/	590.7885
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2020) EBIT data.

Sino Grandness Food Industry Group (SGX:T4B) 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.

Sino Grandness Food Industry Group ROCE % Related Terms

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Sino Grandness Food Industry Group (SGX:T4B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sino Grandness Food Industry Group Ltd (SGX:T4B) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Tangtou Road, Shiyan Street, 7th Floor, Unit 0729, Block 2B, Skyworth Inno Valley, Baoan District, Shenzhen, CHN

Website

http://www.grandnessgroups.com

Sino Grandness Food Industry Group Ltd is an investment holding company. The company's operating segment includes Canned vegetable and fruits and Fruit beverages. It generates maximum revenue from the Fruit beverages segment. Geographically, it derives a majority of revenue from the People's Republic of China and also has a presence in Europe, North America, South America, and Other Countries. Some of its product includes mandarin orange, litchi, pear, pineapple, yellow peach, Loquat juice, and others.

Sino Grandness Food Industry Group (SGX:T4B) Headlines

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