Suzhou Jcon Building Technology Co (BJSE:836149) ROCE % : 15.33% (As of Mar. 2024)

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What is Suzhou Jcon Building Technology 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. Suzhou Jcon Building Technology Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 15.33%.

Suzhou Jcon Building Technology Co ROCE % Historical Data

The historical data trend for Suzhou Jcon Building Technology 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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Suzhou Jcon Building Technology Co ROCE % Chart

Suzhou Jcon Building Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.13

10.56

7.12

-5.55

8.70

Suzhou Jcon Building Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															4.40	8.74	10.02	11.67	15.33

Suzhou Jcon Building Technology Co ROCE % Calculation

Suzhou Jcon Building Technology Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	28.125	/	( ( (641.432 - 324.81)	+	(941.481 - 611.806) )	/ 2 )
	=	28.125	/	( (316.622	+	329.675)	/ 2 )
	=	28.125	/	323.1485
	=	8.70 %

Suzhou Jcon Building Technology Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	50.628	/	( ( (941.481 - 611.806)	+	(881.855 - 550.811) )	/ 2 )
	=	50.628	/	( ( 329.675	+	331.044 )	/ 2 )
	=	50.628	/	330.3595
	=	15.33 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Suzhou Jcon Building Technology Co (BJSE:836149) 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.

Suzhou Jcon Building Technology Co ROCE % Related Terms

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Suzhou Jcon Building Technology Co (BJSE:836149) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Suzhou Jcon Building Technology Co Ltd (BJSE:836149) » Definitions » ROCE %

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Address

No. 111, Bada Street, 10th Floor, Zhongheng Design Building, Suzhou Industrial Park, Suzhou, CHN, 215000

Website

http://www.jcongroup.cn

Suzhou Jcon Building Technology Co Ltd enterprise specializes in prefabricated building and construction. Its main business involves new prefabricated walls, and professional contracting of special professional projects, including preliminary in-depth design, on-site construction and installation, and after-sales maintenance. The company's business reaches diverse fields including research, design, manufacturing, supply, and construction.

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