Sichuan Energy Investment Development Co (HKSE:01713) ROCE % : 7.91% (As of Jun. 2024)

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What is Sichuan Energy Investment Development 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. Sichuan Energy Investment Development Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 7.91%.

Sichuan Energy Investment Development Co ROCE % Historical Data

The historical data trend for Sichuan Energy Investment Development 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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Sichuan Energy Investment Development Co ROCE % Chart

Sichuan Energy Investment Development Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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11.11

10.88

10.41

10.44

10.00

Sichuan Energy Investment Development Co Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial													11.61	8.34	12.32	7.91	12.59

Sichuan Energy Investment Development Co ROCE % Calculation

Sichuan Energy Investment Development 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 )
	=	464.27	/	( ( (5748.86 - 1687.998)	+	(6917.971 - 2085.878) )	/ 2 )
	=	464.27	/	( (4060.862	+	4832.093)	/ 2 )
	=	464.27	/	4446.4775
	=	10.44 %

Sichuan Energy Investment Development Co'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 )
	=	383.63	/	( ( (6917.971 - 2085.878)	+	(7017.717 - 2152.541) )	/ 2 )
	=	383.63	/	( ( 4832.093	+	4865.176 )	/ 2 )
	=	383.63	/	4848.6345
	=	7.91 %

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

Sichuan Energy Investment Development Co (HKSE:01713) 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.

Sichuan Energy Investment Development Co ROCE % Related Terms

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Sichuan Energy Investment Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Sichuan Energy Investment Development Co Ltd (HKSE:01713) » Definitions » ROCE %

Traded in Other Exchanges

84H:Germany

Address

No. 789, Renhe Road, Wenjiang District, Sichuan Province, Chengdu, CHN, 610081

Website

http://www.scntgf.com

Sichuan Energy Investment Development Co Ltd is a vertically integrated power supplier and service provider. The Company, together with its subsidiaries, is principally engaged in the power business and power engineering construction services and related businesses. The power business mainly includes power generation and power supply services. EECS business, which consists of electrical engineering construction service and sales of electric equipment and materials.

Executives

Si Chuan Neng Yuan Fa Zhan Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Si Chuan Sheng Neng Yuan Tou Zi Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Yi Bin Fa Zhan Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
Gao Xian Guo You Zi Chan Jing Ying Guan Li You Xian Ze Ren Gong Si	2101 Beneficial owner
Zhong Guo Dian Li Guo Ji Fa Zhan You Xian Gong Si	2101 Beneficial owner
Si Chuan Sheng Shui Dian Tou Zi Jing Ying Ji Tuan You Xian Gong Si	2101 Beneficial owner
Si Chuan Fa Zhan Kong Gu You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
San Xia Zi Ben Kong Gu You Xian Ze Ren Gong Si	2101 Beneficial owner
Zhong Guo Chang Jiang San Xia Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Tianqi Lithium Hk Co.,ltd	2101 Beneficial owner
Jinneng Holding (hong Kong) Limited	2101 Beneficial owner
Si Chuan Jin Neng Neng Yuan Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Wang Wenxiang	2201 Interest of corporation controlled by you
Tian Qiu	2201 Interest of corporation controlled by you
Bei Jing Heng Hua Wei Ye Ke Ji Gu Fen You Xian Gong Si	2101 Beneficial owner

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