Sichuan Baicha Baidao Industrial Co (HKSE:02555) ROCE % : 19.60% (As of Jun. 2024)

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What is Sichuan Baicha Baidao Industrial 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 Baicha Baidao Industrial Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 19.60%.

Sichuan Baicha Baidao Industrial Co ROCE % Historical Data

The historical data trend for Sichuan Baicha Baidao Industrial 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 Baicha Baidao Industrial Co ROCE % Chart

Sichuan Baicha Baidao Industrial Co Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

179.00

162.58

93.42

Sichuan Baicha Baidao Industrial Co Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
ROCE %	-	-	162.06	64.32	19.60

Sichuan Baicha Baidao Industrial Co ROCE % Calculation

Sichuan Baicha Baidao Industrial 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 )
	=	1497.974	/	( ( (1879.324 - 924.506)	+	(3374.853 - 1122.713) )	/ 2 )
	=	1497.974	/	( (954.818	+	2252.14)	/ 2 )
	=	1497.974	/	1603.479
	=	93.42 %

Sichuan Baicha Baidao Industrial 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 )
	=	671.858	/	( ( (3374.853 - 1122.713)	+	(5890.513 - 1286.903) )	/ 2 )
	=	671.858	/	( ( 2252.14	+	4603.61 )	/ 2 )
	=	671.858	/	3427.875
	=	19.60 %

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

Sichuan Baicha Baidao Industrial Co (HKSE:02555) 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.

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Sichuan Baicha Baidao Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sichuan Baicha Baidao Industrial Co Ltd (HKSE:02555) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 166 Mingdu Road, 10/F, Unit 1, Building 1, Jiayu Financial, Technology Center, Wuhou District, Sichuan, Chengdu, CHN

Website

Sichuan Baicha Baidao Industrial Co Ltd is engaged in exploring combinations of natural ingredients with Chinese tea and diversified tea drink products. Its product portfolio includes classic tea drinks typically available throughout the year, and seasonal tea drinks and regional tea drinks only sold in limited time periods or certain regions.

Executives

Liu Weihong	2501 Other
Wang Xiaokun	2501 Other
Si Chuan Heng Sheng He Rui Shi Ye Ji Tuan You Xian Gong Si	2101 Beneficial owner
Cheng Du Jin Bai Sen Qi Ye Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you

Sichuan Baicha Baidao Industrial Co Headlines

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