Pengdu Agriculture & Animal Husbandry Co (SZSE:002505) ROCE %

: -0.09% (As of Sep. 2023)

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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. Pengdu Agriculture & Animal Husbandry Co's annualized ROCE % for the quarter that ended in Sep. 2023 was -0.09%.

Pengdu Agriculture & Animal Husbandry Co ROCE % Historical Data

The historical data trend for Pengdu Agriculture & Animal Husbandry 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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Pengdu Agriculture & Animal Husbandry Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

-5.64

6.18

6.24

6.31

9.24

Pengdu Agriculture & Animal Husbandry Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %																8.13	11.44	8.02	2.24	-0.09

Pengdu Agriculture & Animal Husbandry Co ROCE % Calculation

Pengdu Agriculture & Animal Husbandry Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	755.313	/	( ( (13067.675 - 5478.155)	+	(16444.298 - 7691.686) )	/ 2 )
	=	755.313	/	( (7589.52	+	8752.612)	/ 2 )
	=	755.313	/	8171.066
	=	9.24 %

Pengdu Agriculture & Animal Husbandry Co's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-8.196	/	( ( (18329.119 - 9110.867)	+	(17633.789 - 8557.669) )	/ 2 )
	=	-8.196	/	( ( 9218.252	+	9076.12 )	/ 2 )
	=	-8.196	/	9147.186
	=	-0.09 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Pengdu Agriculture & Animal Husbandry Co (SZSE:002505) 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.

Pengdu Agriculture & Animal Husbandry Co ROCE % Related Terms

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Pengdu Agriculture & Animal Husbandry Co (SZSE:002505) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pengdu Agriculture & Animal Husbandry Co Ltd (SZSE:002505) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Lane 2188, Hongqiao Road, No. 25, Hongqiao Business Villa, Changning District, Shanghai, CHN, 200336

Website

http://www.dkifa.com

Pengdu Agriculture & Animal Husbandry Co Ltd is a global farming and food company. The company operates through various business divisions: grain trade, dairy, food distribution, beef cattle, live pigs. Its business has spread all over China, Brazil, New Zealand, Japan, Myanmar, Laos, and many other countries. In addition, the company has controlled approximately 29 original ecological farms in New Zealand, formed all kinds of dairy products under its own brand Theland.

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