Yunnan Copper Co (SZSE:000878) ROCE % : 13.37% (As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Yunnan Copper 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. Yunnan Copper Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 13.37%.

Yunnan Copper Co ROCE % Historical Data

The historical data trend for Yunnan Copper 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.

Yunnan Copper Co ROCE % Chart

Yunnan Copper Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

9.44

8.96

10.35

15.25

12.38

Yunnan Copper 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															14.53	15.04	16.63	5.11	13.37

Yunnan Copper Co ROCE % Calculation

Yunnan Copper 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 )
	=	3314.452	/	( ( (40001.506 - 14569.606)	+	(39380.371 - 11284.229) )	/ 2 )
	=	3314.452	/	( (25431.9	+	28096.142)	/ 2 )
	=	3314.452	/	26764.021
	=	12.38 %

Yunnan Copper 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 )
	=	3649.544	/	( ( (39380.371 - 11284.229)	+	(48553.955 - 22038.631) )	/ 2 )
	=	3649.544	/	( ( 28096.142	+	26515.324 )	/ 2 )
	=	3649.544	/	27305.733
	=	13.37 %

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

Yunnan Copper Co (SZSE:000878) 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.

Yunnan Copper Co ROCE % Related Terms

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

Yunnan Copper Co (SZSE:000878) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Yunnan Copper Co Ltd (SZSE:000878) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 111 People's East Road, Yunnan Province, Kunming, CHN, 650011

Website

http://www.yunnancopper.com

Yunnan Copper Co Ltd is in the business of copper exploration, mining, smelting, it relates to resource development zinc, titanium, molybdenum, phosphorus, gold, Silver, Platinum, Palladium and other rare and rare metals recycling and geological exploration, engineering consulting, chemical production, futures brokerage, logistics and transportation, international trade and many other industries.

Yunnan Copper Co (SZSE:000878) Headlines

No Headlines