Shanghai Phoenix Enterprise (Group) Co (SHSE:600679) ROCE % : 7.33% (As of Mar. 2025)

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What is Shanghai Phoenix Enterprise (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. Shanghai Phoenix Enterprise (Group) Co's annualized ROCE % for the quarter that ended in Mar. 2025 was 7.33%.

Shanghai Phoenix Enterprise (Group) Co ROCE % Historical Data

The historical data trend for Shanghai Phoenix Enterprise (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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Shanghai Phoenix Enterprise (Group) Co ROCE % Chart

Shanghai Phoenix Enterprise (Group) Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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8.01

5.96

-12.12

2.40

-5.76

Shanghai Phoenix Enterprise (Group) Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial															6.14	3.02	2.73	-33.79	7.33

Shanghai Phoenix Enterprise (Group) Co ROCE % Calculation

Shanghai Phoenix Enterprise (Group) Co'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 )
	=	-130.997	/	( ( (3257.859 - 966.025)	+	(3321.304 - 1061.625) )	/ 2 )
	=	-130.997	/	( (2291.834	+	2259.679)	/ 2 )
	=	-130.997	/	2275.7565
	=	-5.76 %

Shanghai Phoenix Enterprise (Group) Co's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	165.932	/	( ( (3321.304 - 1061.625)	+	(3279.387 - 1008.819) )	/ 2 )
	=	165.932	/	( ( 2259.679	+	2270.568 )	/ 2 )
	=	165.932	/	2265.1235
	=	7.33 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Shanghai Phoenix Enterprise (Group) Co (SHSE:600679) 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.

Shanghai Phoenix Enterprise (Group) Co ROCE % Related Terms

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Shanghai Phoenix Enterprise (Group) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shanghai Phoenix Enterprise (Group) Co Ltd (SHSE:600679) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

900916:China

Address

Fuquan North Road, Block 6, No. 518, Changning District, Shanghai, CHN

Website

http://www.phoenix.com.cn

Shanghai Phoenix Enterprise (Group) Co Ltd designs, develops, manufactures, and sells bicycles under the Phoenix brand name in China. Its production and sales of Phoenix brand bicycle products not only exported to Europe and the United States and other international markets. It is a well-known and best-selling product in China.

Executives

Wang Guo Bao

Director

Shanghai Phoenix Enterprise (Group) Co Headlines

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