Jianzhijia Pharmaceutical Chain Group Co (SHSE:605266) ROCE % : 7.32% (As of Mar. 2024)

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What is Jianzhijia Pharmaceutical Chain Group 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. Jianzhijia Pharmaceutical Chain Group Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.32%.

Jianzhijia Pharmaceutical Chain Group Co ROCE % Historical Data

The historical data trend for Jianzhijia Pharmaceutical Chain Group 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.

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Jianzhijia Pharmaceutical Chain Group Co ROCE % Chart

Jianzhijia Pharmaceutical Chain Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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39.57

20.40

15.82

13.17

12.26

Jianzhijia Pharmaceutical Chain Group Co Quarterly Data
	Dec18	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															9.47	10.69	13.33	15.27	7.32

Jianzhijia Pharmaceutical Chain Group Co ROCE % Calculation

Jianzhijia Pharmaceutical Chain Group 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 )
	=	643.927	/	( ( (9644.477 - 4225.165)	+	(9948.935 - 4860.112) )	/ 2 )
	=	643.927	/	( (5419.312	+	5088.823)	/ 2 )
	=	643.927	/	5254.0675
	=	12.26 %

Jianzhijia Pharmaceutical Chain Group 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 )
	=	375.624	/	( ( (9948.935 - 4860.112)	+	(10055.747 - 4879.354) )	/ 2 )
	=	375.624	/	( ( 5088.823	+	5176.393 )	/ 2 )
	=	375.624	/	5132.608
	=	7.32 %

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

Jianzhijia Pharmaceutical Chain Group Co (SHSE:605266) 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.

Jianzhijia Pharmaceutical Chain Group Co ROCE % Related Terms

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Jianzhijia Pharmaceutical Chain Group Co (SHSE:605266) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Jianzhijia Pharmaceutical Chain Group Co Ltd (SHSE:605266) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 10, Qiying Street, Union Street, Panlong District, Yunnan Province, Kunming, CHN, 650224

Website

http://www.jzj.cn

Jianzhijia Pharmaceutical Chain Group Co Ltd is engaged in the retail chain business of health products such as medicines, health foods, personal care products, household health products, convenience foods, and daily consumables and provides related professional services.

Executives

Jin Yu Mei	Supervisors
Chai Zhi Qi	senior management
Shi Yan Chun	senior management
Hu Yu Ming	senior management
Fang Li	Supervisors
Sun Li	Supervisors
Jiang Yan Yin	senior management
Li Heng	Director
Zhang Yun Hong	Director
Wang Yan Ping	Director
Lan Bo	Directors, senior managers
Yan Wen	senior management

Jianzhijia Pharmaceutical Chain Group Co (SHSE:605266) Headlines

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