Shunfeng International Clean Energy (HKSE:01165) ROCE % : 0.00% (As of Dec. 2023)

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What is Shunfeng International Clean Energy 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. Shunfeng International Clean Energy's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Shunfeng International Clean Energy ROCE % Historical Data

The historical data trend for Shunfeng International Clean Energy'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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Shunfeng International Clean Energy ROCE % Chart

Shunfeng International Clean Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-13.82

6.21

-11.54

61.67

Shunfeng International Clean Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-41.59	6.34	758.14	-	-

Shunfeng International Clean Energy ROCE % Calculation

Shunfeng International Clean Energy'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 )
	=	-74.652	/	( ( (5649.234 - 6035.841)	+	(3554.387 - 4142.415) )	/ 2 )
	=	-74.652	/	( (-386.607	+	-588.028)	/ 2 )
	=	-74.652	/	-487.3175
	=	15.32 %

Shunfeng International Clean Energy's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	37.768	/	( ( (3683.546 - 4486.507)	+	(3554.387 - 4142.415) )	/ 2 )
	=	37.768	/	( ( -802.961	+	-588.028 )	/ 2 )
	=	37.768	/	-695.4945
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Shunfeng International Clean Energy (HKSE:01165) 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.

Shunfeng International Clean Energy ROCE % Related Terms

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Shunfeng International Clean Energy (HKSE:01165) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shunfeng International Clean Energy Ltd (HKSE:01165) » Definitions » ROCE %

Traded in Other Exchanges

SHUNF:USA

Address

Number 26 Harbour Road, Rooms 3803-05, 38/F, China Resources Building, Wan Chai, HKG

Website

http://www.sfcegroup.com

Shunfeng International Clean Energy Ltd is a diversified integrated provider of clean energies and low-carbon and energy-saving solutions. It operates in a single segment namely solar power generation. Geographically, it generates the majority of revenue from Mainland China.

Executives

Gardner Aaron Luke (in The Capacity As The Receiver)	2201 Interest of corporation controlled by you
Fok Hei Yu (in The Capacity As The Receiver)	2201 Interest of corporation controlled by you
Faithsmart Limited	2201 Interest of corporation controlled by you
Cheng Kin Ming	2201 Interest of corporation controlled by you
Bank Of Communications Co., Ltd.	2106 Person having a security interest in shares
Bocom International Holdings Company Limited	2106 Person having a security interest in shares
Tang Guoqiang	2201 Interest of corporation controlled by you
Asia Pacific Resources Development Investment Limited	2201 Interest of corporation controlled by you
Peace Link Services Limited	2201 Interest of corporation controlled by you

Shunfeng International Clean Energy (HKSE:01165) Headlines

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