SFWL (Shengfeng Development) ROCE % : 10.98% (As of Dec. 2024)

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What is Shengfeng Development 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. Shengfeng Development's annualized ROCE % for the quarter that ended in Dec. 2024 was 10.98%.

Shengfeng Development ROCE % Historical Data

The historical data trend for Shengfeng Development'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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Shengfeng Development ROCE % Chart

Shengfeng Development Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

9.31

9.44

9.99

11.81

10.45

Shengfeng Development Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial				13.48	15.02	8.85	9.63	10.98

Shengfeng Development ROCE % Calculation

Shengfeng Development's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	14.465	/	( ( (265.838 - 136.376)	+	(310.13 - 162.684) )	/ 2 )
	=	14.465	/	( (129.462	+	147.446)	/ 2 )
	=	14.465	/	138.454
	=	10.45 %

Shengfeng Development's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	15.874	/	( ( (263.778 - 122.154)	+	(310.13 - 162.684) )	/ 2 )
	=	15.874	/	( ( 141.624	+	147.446 )	/ 2 )
	=	15.874	/	144.535
	=	10.98 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Shengfeng Development (NAS:SFWL) 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.

Shengfeng Development ROCE % Related Terms

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Shengfeng Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shengfeng Development Ltd (NAS:SFWL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 478, Fuxin East Road, Shengfeng Building, Jinan District, Fujian Province, Fuzhou, CHN, 350001

Website

https://www.sfwl.com.cn

Shengfeng Development Ltd is a holding company. Through its subsidiaries, it offers contract logistics services in China. The contract logistics services offered by the company include planning and designing supply chains, designing facilities, processing orders, collecting payments, managing inventories, and providing client services.