NanJi E-Commerce Co (SZSE:002127) ROCE % : 4.83% (As of Mar. 2024)

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What is NanJi E-Commerce 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. NanJi E-Commerce Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.83%.

NanJi E-Commerce Co ROCE % Historical Data

The historical data trend for NanJi E-Commerce 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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NanJi E-Commerce Co ROCE % Chart

NanJi E-Commerce Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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29.79

23.46

10.09

-5.34

2.95

NanJi E-Commerce 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															3.14	2.13	3.54	3.07	4.83

NanJi E-Commerce Co ROCE % Calculation

NanJi E-Commerce 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 )
	=	133.637	/	( ( (5058.943 - 637.093)	+	(5405.107 - 781.019) )	/ 2 )
	=	133.637	/	( (4421.85	+	4624.088)	/ 2 )
	=	133.637	/	4522.969
	=	2.95 %

NanJi E-Commerce 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 )
	=	224.56	/	( ( (5405.107 - 781.019)	+	(5441.528 - 761.875) )	/ 2 )
	=	224.56	/	( ( 4624.088	+	4679.653 )	/ 2 )
	=	224.56	/	4651.8705
	=	4.83 %

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

NanJi E-Commerce Co (SZSE:002127) 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.

NanJi E-Commerce Co ROCE % Related Terms

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NanJi E-Commerce Co (SZSE:002127) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NanJi E-Commerce Co Ltd (SZSE:002127) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

No.99 Jiangwancheng Road, 7th Floor - 10th Floor, Building 3, The Springs Center, Yangpu District, Shanghai, CHN, 200438

Website

http://www.nanjids.com

NanJi E-Commerce Co Ltd is a marketing and advertising company. Its main business is brand integrated services, dealer brand authorization services, mobile Internet marketing business, and other businesses. It is also engaged in the e-commerce channels to build consumer goods giant with brand authorization and industry chain service. Its categories include bedding, menswear, womenswear, childrenswear, maternal and infant, healthy life, etc. The company operates in two segments that are NJBU business and NJBU business and Timelink business. The majority of the revenue is generated from the Timelink business which is engaged in the Internet advertising business. All of its revenue is generated from China.

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