Shunfa Hengneng (SZSE:000631) ROCE % : 1.67% (As of Mar. 2025)

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What is Shunfa Hengneng 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. Shunfa Hengneng's annualized ROCE % for the quarter that ended in Mar. 2025 was 1.67%.

Shunfa Hengneng ROCE % Historical Data

The historical data trend for Shunfa Hengneng'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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Shunfa Hengneng ROCE % Chart

Shunfa Hengneng Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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5.81

2.23

3.66

7.37

2.09

Shunfa Hengneng 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															1.45	2.00	1.73	3.27	1.67

Shunfa Hengneng ROCE % Calculation

Shunfa Hengneng'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 )
	=	123.337	/	( ( (6790.103 - 844.476)	+	(6875.817 - 1041.652) )	/ 2 )
	=	123.337	/	( (5945.627	+	5834.165)	/ 2 )
	=	123.337	/	5889.896
	=	2.09 %

Shunfa Hengneng'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 )
	=	97.948	/	( ( (6875.817 - 1041.652)	+	(6962.514 - 1036.531) )	/ 2 )
	=	97.948	/	( ( 5834.165	+	5925.983 )	/ 2 )
	=	97.948	/	5880.074
	=	1.67 %

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

Shunfa Hengneng (SZSE:000631) 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.

Shunfa Hengneng ROCE % Related Terms

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Shunfa Hengneng Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shunfa Hengneng Corp (SZSE:000631) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Shixin North Road, No. 777, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215

Website

http://www.sfhy.cn

Shunfa Hengneng Corp is engaged in Real estate operation and development.

Executives

Sun Jian Rong	Supervisors
Wang De Hong	Directors, executives
Chen Gui Zhang	Director

Shunfa Hengneng Headlines

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