Beijing New Building Material (SZSE:000786) ROCE % : 13.60% (As of Mar. 2025)

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What is Beijing New Building Material 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. Beijing New Building Material's annualized ROCE % for the quarter that ended in Mar. 2025 was 13.60%.

Beijing New Building Material ROCE % Historical Data

The historical data trend for Beijing New Building Material'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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Beijing New Building Material ROCE % Chart

Beijing New Building Material Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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20.63

19.86

15.26

15.90

15.42

Beijing New Building Material 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															14.43	23.86	15.52	7.34	13.60

Beijing New Building Material ROCE % Calculation

Beijing New Building Material'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 )
	=	4042.488	/	( ( (30660.627 - 5612.452)	+	(35139.482 - 7765.849) )	/ 2 )
	=	4042.488	/	( (25048.175	+	27373.633)	/ 2 )
	=	4042.488	/	26210.904
	=	15.42 %

Beijing New Building Material'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 )
	=	3799.864	/	( ( (35139.482 - 7765.849)	+	(36533.575 - 8017.123) )	/ 2 )
	=	3799.864	/	( ( 27373.633	+	28516.452 )	/ 2 )
	=	3799.864	/	27945.0425
	=	13.60 %

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

Beijing New Building Material (SZSE:000786) 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.

Beijing New Building Material ROCE % Related Terms

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Beijing New Building Material Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Beijing New Building Material PLC (SZSE:000786) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Qibei Road, Building A, Beixin Center, Future Science City, Beijing, CHN, 100048

Website

https://www.bnbm.com.cn

Beijing New Building Material PLC is engaged in manufacturing and sales of paper-faced and decorative gypsum boards, light steel keels, etc.

Executives

Jia Tong Chun	Director
Zhou Huan	Executives
Cui Li Jun	Director
Qin Qing Hua	Director
Zhang Chen Gong	Executives
Bao Wen Chun	Supervisors
Lu Jin Shan	Director
Yang Yan Jun	Executives

Beijing New Building Material Headlines

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