Dekon Food and Agriculture Group (HKSE:02419) ROCE % : 39.47% (As of Jun. 2024)

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What is Dekon Food and Agriculture Group 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. Dekon Food and Agriculture Group's annualized ROCE % for the quarter that ended in Jun. 2024 was 39.47%.

Dekon Food and Agriculture Group ROCE % Historical Data

The historical data trend for Dekon Food and Agriculture Group'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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Dekon Food and Agriculture Group ROCE % Chart

Dekon Food and Agriculture Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

35.71

-29.09

12.79

-15.76

39.33

Dekon Food and Agriculture Group Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial			-	-40.77	12.46	39.47	41.39

Dekon Food and Agriculture Group ROCE % Calculation

Dekon Food and Agriculture Group'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 )
	=	-1695.642	/	( ( (21553.104 - 10144.679)	+	(20709.863 - 10599.396) )	/ 2 )
	=	-1695.642	/	( (11408.425	+	10110.467)	/ 2 )
	=	-1695.642	/	10759.446
	=	-15.76 %

Dekon Food and Agriculture Group'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 )
	=	4338.188	/	( ( (20709.863 - 10599.396)	+	(23519.676 - 11645.271) )	/ 2 )
	=	4338.188	/	( ( 10110.467	+	11874.405 )	/ 2 )
	=	4338.188	/	10992.436
	=	39.47 %

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

Dekon Food and Agriculture Group (HKSE:02419) 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.

Dekon Food and Agriculture Group ROCE % Related Terms

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Dekon Food and Agriculture Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dekon Food and Agriculture Group (HKSE:02419) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 Lingang Road, Unit 901-909, 9th Floor, Building 2, Chengdu East Aviation Centre, Shuangliu District, Shuangliu District, Chengdu, CHN

Website

http://www.dekanggroup.com

Dekon Food and Agriculture Group is engaged in livestock and poultry breeding and farming enterprise in China. It is focusing on the breeding and farming of pigs and yellow-feathered broilers and has business in 39 cities across 13 provinces and autonomous regions in China. The company has three segments, namely pig, poultry, and ancillary products, which mainly include feed ingredients. The pig segment includes market hogs, breeding pigs, market piglets and boar semen, the Poultry segment includes yellow-feathered broilers and chicks hogs, breeding pigs, market piglets and boar semen and the ancillary segment includes sales of ingredients and others. The majority of the revenue is generated from the Pig segment.

Executives

Song Yuanfang
Si Chuan De Sheng Rong He Shi Ye Ji Tuan You Xian Gong Si	2101 Beneficial owner
Zhang Qiang	2202 Interest of your spouse
Wang Degen	2201 Interest of corporation controlled by you
Zhao Guiqin	2202 Interest of your spouse
Chen Yuxin	2101 Beneficial owner
Tang Jianyuan
Song Fuxian
Peng Bengang
Dong Fang Ji Jin Guan Li Gu Fen You Xian Gong Si
Xiu Shan Hua Yu Wu Liu Tou Zi You Xian Gong Si
Xiu Shan Xian Xin Zhi Yuan Shi Chang Guan Li Gu Fen You Xian Gong Si
Chong Qing Xiu Ye Tou Zi Ji Tuan You Xian Gong Si
Gui Yang Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui
Gui Yang Shi Nong Ye Nong Ken Tou Zi Fa Zhan Ji Tuan You Xian Gong Si

Dekon Food and Agriculture Group Headlines

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