Guizhou Transportation Planning Survey & Design Academe Co (SHSE:603458) ROCE % : -1.41% (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Guizhou Transportation Planning Survey & Design Academe 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. Guizhou Transportation Planning Survey & Design Academe Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.41%.

Guizhou Transportation Planning Survey & Design Academe Co ROCE % Historical Data

The historical data trend for Guizhou Transportation Planning Survey & Design Academe 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.

Guizhou Transportation Planning Survey & Design Academe Co ROCE % Chart

Guizhou Transportation Planning Survey & Design Academe Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

18.09

18.46

12.80

6.90

3.19

Guizhou Transportation Planning Survey & Design Academe Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															5.97	6.06	2.00	-1.67	-1.41

Guizhou Transportation Planning Survey & Design Academe Co ROCE % Calculation

Guizhou Transportation Planning Survey & Design Academe 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 )
	=	116.768	/	( ( (7502.842 - 3758.483)	+	(6828.107 - 3245.99) )	/ 2 )
	=	116.768	/	( (3744.359	+	3582.117)	/ 2 )
	=	116.768	/	3663.238
	=	3.19 %

Guizhou Transportation Planning Survey & Design Academe Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-50.032	/	( ( (6828.107 - 3245.99)	+	(6584.742 - 3079.193) )	/ 2 )
	=	-50.032	/	( ( 3582.117	+	3505.549 )	/ 2 )
	=	-50.032	/	3543.833
	=	-1.41 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Guizhou Transportation Planning Survey & Design Academe Co (SHSE:603458) 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.

Guizhou Transportation Planning Survey & Design Academe Co ROCE % Related Terms

Thank you for viewing the detailed overview of Guizhou Transportation Planning Survey & Design Academe Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Guizhou Transportation Planning Survey & Design Academe Co (SHSE:603458) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Guizhou Transportation Planning Survey & Design Academe Co Ltd (SHSE:603458) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Guiyang National High-tech Industrial Development Zone, No. 100, Yangguan Avenue, Guizhou Province, Guiyang, CHN, 550081

Website

http://www.gzjtsjy.com

Guizhou Transportation Planning Survey & Design Academe Co Ltd is an engineering consulting and contracting company. It mainly provides survey, design, consulting, test and inspection, supervision, construction, general contracting and other projects in the fields of highways, bridges, tunnels, geotechnical, electromechanical, municipal, construction, port and waterway.

Executives

Huang Guo Jian	Directors, senior managers
Yang Jian	senior management
Li Ying Hong	senior management

Guizhou Transportation Planning Survey & Design Academe Co (SHSE:603458) Headlines

No Headlines