Dongwu Cement International (HKSE:00695) ROCE % : -5.33% (As of Jun. 2024)

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What is Dongwu Cement International 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. Dongwu Cement International's annualized ROCE % for the quarter that ended in Jun. 2024 was -5.33%.

Dongwu Cement International ROCE % Historical Data

The historical data trend for Dongwu Cement International'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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Dongwu Cement International ROCE % Chart

Dongwu Cement International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.35

15.05

11.31

-6.73

-4.61

Dongwu Cement International Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-5.48	-8.11	-4.45	-5.73	-5.33

Dongwu Cement International ROCE % Calculation

Dongwu Cement International'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 )
	=	-33.014	/	( ( (1034.643 - 418.265)	+	(1153.702 - 337.31) )	/ 2 )
	=	-33.014	/	( (616.378	+	816.392)	/ 2 )
	=	-33.014	/	716.385
	=	-4.61 %

Dongwu Cement International's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-42.586	/	( ( (1153.702 - 337.31)	+	(1116.801 - 336.156) )	/ 2 )
	=	-42.586	/	( ( 816.392	+	780.645 )	/ 2 )
	=	-42.586	/	798.5185
	=	-5.33 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Dongwu Cement International (HKSE:00695) 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.

Dongwu Cement International ROCE % Related Terms

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Dongwu Cement International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Dongwu Cement International Ltd (HKSE:00695) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Fenhu Economic Development Zone, Lili Town, Jiangsu Province, Wujiang District, Suzhou, CHN

Website

http://www.dongwucement.com

Dongwu Cement International Ltd is principally engaged in the production and export of cement. The company operates in various segments namely Production and sale of cement, Research and development in biotechnology, Production and sale of magnetic materials and other application products and Trading business. The Revenue is generated from the Production and sale of cement.

Executives

Huang Ying Biao	2101 Beneficial owner
Huang Yingbiao	2101 Beneficial owner

Dongwu Cement International Headlines

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