XYIGF (Xinyi Glass Holdings) ROCE % : 5.57% (As of Dec. 2024)

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What is Xinyi Glass Holdings 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. Xinyi Glass Holdings's annualized ROCE % for the quarter that ended in Dec. 2024 was 5.57%.

Xinyi Glass Holdings ROCE % Historical Data

The historical data trend for Xinyi Glass Holdings'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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Xinyi Glass Holdings ROCE % Chart

Xinyi Glass Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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23.50

32.98

15.50

17.27

12.17

Xinyi Glass Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															12.02	14.72	18.77	18.16	5.57

Xinyi Glass Holdings ROCE % Calculation

Xinyi Glass Holdings'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 )
	=	569.771	/	( ( (5930.516 - 1324.487)	+	(6184.976 - 1431.145) )	/ 2 )
	=	569.771	/	( (4606.029	+	4753.831)	/ 2 )
	=	569.771	/	4679.93
	=	12.17 %

Xinyi Glass Holdings'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 )
	=	269.786	/	( ( (6540.139 - 1612.949)	+	(6184.976 - 1431.145) )	/ 2 )
	=	269.786	/	( ( 4927.19	+	4753.831 )	/ 2 )
	=	269.786	/	4840.5105
	=	5.57 %

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

Xinyi Glass Holdings (OTCPK:XYIGF) 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.

Xinyi Glass Holdings ROCE % Related Terms

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Xinyi Glass Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Xinyi Glass Holdings Ltd (OTCPK:XYIGF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

XYIGY:USA 00868:Hong Kong XI9:Germany XI9:Germany

Address

135 Hoi Bun Road, Unit 2101-2108, 21st Floor, Rykadan Capital Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.xinyiglass.com

Xinyi Glass Holdings Ltd is engaged in the production and sales of float glass products, automobile glass products, construction glass products, and a variety of related products in the PRC and Malaysia. Its product portfolio comprises clear glass, glass for windshields, heating glass, laminated glass, heat-reflective coated glass, and others. The company's operating segments are Float glass, Automobile glass, and Architectural glass. A majority of its revenue is generated from the Float glass segment, which offers clear glass, F-green glass, and European gray glass. Geographically, the company generates maximum revenue from Greater China, and the rest from other regions like Europe, Australia, New Zealand, Africa, the Middle East, Central America, North and South America.

Xinyi Glass Holdings Headlines

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