Cirrus Aircraft (HKSE:02507) ROCE % : 27.07% (As of Dec. 2024)

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What is Cirrus Aircraft 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. Cirrus Aircraft's annualized ROCE % for the quarter that ended in Dec. 2024 was 27.07%.

Cirrus Aircraft ROCE % Historical Data

The historical data trend for Cirrus Aircraft'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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Cirrus Aircraft ROCE % Chart

Cirrus Aircraft Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

ROCE %

20.45

22.98

21.48

19.85

Cirrus Aircraft Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial			-	16.40	25.89	14.73	27.07

Cirrus Aircraft ROCE % Calculation

Cirrus Aircraft's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	1187.535	/	( ( (7871.771 - 3022.158)	+	(10596.862 - 3482.747) )	/ 2 )
	=	1187.535	/	( (4849.613	+	7114.115)	/ 2 )
	=	1187.535	/	5981.864
	=	19.85 %

Cirrus Aircraft's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	1648.162	/	( ( (8442.055 - 3376.989)	+	(10596.862 - 3482.747) )	/ 2 )
	=	1648.162	/	( ( 5065.066	+	7114.115 )	/ 2 )
	=	1648.162	/	6089.5905
	=	27.07 %

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

Cirrus Aircraft (HKSE:02507) 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.

Cirrus Aircraft ROCE % Related Terms

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Cirrus Aircraft Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Cirrus Aircraft Ltd (HKSE:02507) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4515 Taylor Circle, Duluth, MN, USA, 55811

Website

Cirrus Aircraft Ltd is engaged in aviation industry. It design, develop, manufacture, and sell premium aircraft such as SR2X Series ( SR20, SR22, SR22T) and the Vision Jet. The company generate maximum revenue from North America, Europe and Others (Africa, Asia, Australia, and Latin America).

Executives

Zhong Guo Hang Kong Gong Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Caiga (hong Kong) Limited	2101 Beneficial owner
China Aviation Industry General Aircraft Co., Ltd.	2201 Interest of corporation controlled by you

Cirrus Aircraft Headlines

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