Shijiazhuang Changshan Beiming Technology Co (SZSE:000158) ROCE % : -2.68% (As of Mar. 2025)

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What is Shijiazhuang Changshan Beiming Technology 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. Shijiazhuang Changshan Beiming Technology Co's annualized ROCE % for the quarter that ended in Mar. 2025 was -2.68%.

Shijiazhuang Changshan Beiming Technology Co ROCE % Historical Data

The historical data trend for Shijiazhuang Changshan Beiming Technology 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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Shijiazhuang Changshan Beiming Technology Co ROCE % Chart

Shijiazhuang Changshan Beiming Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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4.48

4.36

-0.41

1.05

-4.74

Shijiazhuang Changshan Beiming Technology 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															-4.97	-3.46	0.96	-12.23	-2.68

Shijiazhuang Changshan Beiming Technology Co ROCE % Calculation

Shijiazhuang Changshan Beiming Technology 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 )
	=	-349.264	/	( ( (17873.886 - 10023.301)	+	(16415.457 - 9543.9) )	/ 2 )
	=	-349.264	/	( (7850.585	+	6871.557)	/ 2 )
	=	-349.264	/	7361.071
	=	-4.74 %

Shijiazhuang Changshan Beiming Technology 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 )
	=	-188.256	/	( ( (16415.457 - 9543.9)	+	(17237.094 - 10072.784) )	/ 2 )
	=	-188.256	/	( ( 6871.557	+	7164.31 )	/ 2 )
	=	-188.256	/	7017.9335
	=	-2.68 %

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

Shijiazhuang Changshan Beiming Technology Co (SZSE:000158) 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.

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Shijiazhuang Changshan Beiming Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shijiazhuang Changshan Beiming Technology Co Ltd (SZSE:000158) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 183 Heping East Road, Shijiazhuang, Hebei, CHN, 050011

Website

http://www.changshantex.com

Shijiazhuang Changshan Beiming Technology Co Ltd is a China-based company, engages in the textile business as well as software and information technology services. In the textile business, its products cover yarns, functional fabrics and brand garment, home textiles and industrial textiles. Its Software business deals with the development of software and provision of software services; provision of intelligent installation services as well as import and export of intelligent installation technologies.

Executives

Ying Hua Jiang	Directors, executives
Li Feng	Director
He Zhang Qing	Executives
Xu Wei Bo	Director
Tong Qing Ming	Executives
Liu Hui	Executives
Wang Hui Jun	Director
Xiao Rong Zhi	Directors, executives
Ma Xiao Feng	Directors, executives
Hu Hai Qing	Executives
Gao Jun Qi	Supervisors
Tang Zhang Ming	Director
Zhao Ying Tao	Executives
Deng Zhong Bin	Supervisors
Li Jing Chao	Director

Shijiazhuang Changshan Beiming Technology Co Headlines

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