Shandong Liancheng Precision Manufacturing Co (SZSE:002921) ROCE % : 0.35% (As of Mar. 2025)

View and export this data going back to 2017. Start your Free Trial

What is Shandong Liancheng Precision Manufacturing 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. Shandong Liancheng Precision Manufacturing Co's annualized ROCE % for the quarter that ended in Mar. 2025 was 0.35%.

Shandong Liancheng Precision Manufacturing Co ROCE % Historical Data

The historical data trend for Shandong Liancheng Precision Manufacturing 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.

* Premium members only.

Shandong Liancheng Precision Manufacturing Co ROCE % Chart

Shandong Liancheng Precision Manufacturing Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

11.43

9.68

6.25

3.40

0.77

Shandong Liancheng Precision Manufacturing 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															1.30	-0.02	2.21	-0.38	0.35

Shandong Liancheng Precision Manufacturing Co ROCE % Calculation

Shandong Liancheng Precision Manufacturing 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 )
	=	12.219	/	( ( (2274.873 - 698.721)	+	(2373.018 - 783.272) )	/ 2 )
	=	12.219	/	( (1576.152	+	1589.746)	/ 2 )
	=	12.219	/	1582.949
	=	0.77 %

Shandong Liancheng Precision Manufacturing 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 )
	=	5.48	/	( ( (2373.018 - 783.272)	+	(2358.078 - 790.832) )	/ 2 )
	=	5.48	/	( ( 1589.746	+	1567.246 )	/ 2 )
	=	5.48	/	1578.496
	=	0.35 %

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

Shandong Liancheng Precision Manufacturing Co (SZSE:002921) 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.

Shandong Liancheng Precision Manufacturing Co ROCE % Related Terms

Thank you for viewing the detailed overview of Shandong Liancheng Precision Manufacturing Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Shandong Liancheng Precision Manufacturing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shandong Liancheng Precision Manufacturing Co Ltd (SZSE:002921) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Chuangye Road, Economic Development Zone, Yanzhou, CHN, 272100

Website

http://www.lmc-ind.com

Shandong Liancheng Precision Manufacturing Co Ltd is a China-based company, engages in the development, design, production, and sales of precision castings, such as high-strength ductile iron and aluminum alloy castings. Its main products are automobile pump shell, frame, flange, damping wheel/ring, oil pump shell and others. Its products are used in passenger cars, commercial vehicles, diesel engines, construction machinery, commercial compressors, hydraulic machinery and other industries or fields.

Executives

	Directors, executives
Zhang Shi Lei	Director

Shandong Liancheng Precision Manufacturing Co Headlines

No Headlines