Winnovation Culturaltainment Development (SZSE:000620) ROCE % : -5.41% (As of Mar. 2025)

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What is Winnovation Culturaltainment 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. Winnovation Culturaltainment Development's annualized ROCE % for the quarter that ended in Mar. 2025 was -5.41%.

Winnovation Culturaltainment Development ROCE % Historical Data

The historical data trend for Winnovation Culturaltainment 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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Winnovation Culturaltainment Development ROCE % Chart

Winnovation Culturaltainment Development Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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1.63

-10.40

-11.16

36.98

-4.93

Winnovation Culturaltainment Development 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															3.25	2.25	2.96	-28.46	-5.41

Winnovation Culturaltainment Development ROCE % Calculation

Winnovation Culturaltainment 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 )
	=	-357.95	/	( ( (14778.193 - 7095.216)	+	(12207.435 - 5362.81) )	/ 2 )
	=	-357.95	/	( (7682.977	+	6844.625)	/ 2 )
	=	-357.95	/	7263.801
	=	-4.93 %

Winnovation Culturaltainment Development'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 )
	=	-368.636	/	( ( (12207.435 - 5362.81)	+	(12222.526 - 5442.443) )	/ 2 )
	=	-368.636	/	( ( 6844.625	+	6780.083 )	/ 2 )
	=	-368.636	/	6812.354
	=	-5.41 %

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

Winnovation Culturaltainment Development (SZSE:000620) 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.

Winnovation Culturaltainment Development ROCE % Related Terms

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Winnovation Culturaltainment Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Winnovation Culturaltainment Development Ltd (SZSE:000620) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Government Street, Macrolink Headquarters Plaza, Taihu Town, Tongzhou District, Beijing, CHN, 101116

Website

http://www.macrolink.com.cn

Macrolink Culturaltainment Development Co Ltd is a China-based conglomerate with business interests in the real estate, chemical, mining, ceramics, wine, and financial investment industries. In real estate business, the company develops, operates and provides related services residential, commercial, tourism and cultural property. In the petroleum sector, the company focuses on the wholesale and retailing business of crude oil, refined oil products, and fuel oil. Involved in the finance sector, the company is engaged in the project investment, securities investment and equity investment. In addition, the organization is also focused on the ceramics, liquor, ecological agriculture and nutritional beverages industries.

Executives

Yang Yun Feng	Executives
Wu Yi Ping	Supervisors
Li Jian Gang	Director
Fu Jun	Director
Feng Jian Jun	Director
Hu Jin Liang	Independent director
Hang Guan Yu	Directors, executives
Xu Yang	Executives

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