Lingbao Gold Group Co (HKSE:03330) ROCE % : 12.79% (As of Jun. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Lingbao Gold Group 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. Lingbao Gold Group Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 12.79%.

Lingbao Gold Group Co ROCE % Historical Data

The historical data trend for Lingbao Gold Group 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.

* Premium members only.

Lingbao Gold Group Co ROCE % Chart

Lingbao Gold Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-3.34

10.17

10.25

14.26

16.85

Lingbao Gold Group Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															23.62	5.09	20.59	14.49	12.79

Lingbao Gold Group Co ROCE % Calculation

Lingbao Gold Group 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 )
	=	514.823	/	( ( (7709.69 - 5023.341)	+	(7477.237 - 4053.897) )	/ 2 )
	=	514.823	/	( (2686.349	+	3423.34)	/ 2 )
	=	514.823	/	3054.8445
	=	16.85 %

Lingbao Gold Group 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 )
	=	455.268	/	( ( (7477.237 - 4053.897)	+	(8506.272 - 4812.675) )	/ 2 )
	=	455.268	/	( ( 3423.34	+	3693.597 )	/ 2 )
	=	455.268	/	3558.4685
	=	12.79 %

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

Lingbao Gold Group Co (HKSE:03330) 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.

Lingbao Gold Group Co ROCE % Related Terms

Thank you for viewing the detailed overview of Lingbao Gold Group Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lingbao Gold Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lingbao Gold Group Co Ltd (HKSE:03330) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LI9:Germany

Address

77 Leighton Road, Room 1104, 11th Floor, Leighton Centre, Causeway Bay, Hong Kong, HKG

Website

https://www.lbgold.com

Lingbao Gold Group Co Ltd is engaged in the mining, processing, smelting, and selling of gold and other metallic products in the People's Republic of China (PRC). The company operates in four segments: Mining in PRC, Mining in KR (Kyrgyz Republic), Smelting, and Retailing. The vast majority of its revenue comes from the smelting segment, which includes gold and other metal smelting and refinery operations in the PRC. The company generates revenue from selling Gold bullion, Silver, Copper products, Sulphuric acid, and Gold concentrates.

Executives

Wang Guanran	2201 Interest of corporation controlled by you
Shen Zhen Jie Si Wei Ye Kong Gu Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Jie Si Shi Ye Fa Zhan Xiang Gang You Xian Gong Si	2101 Beneficial owner
Shen Zhen Jie Si Ding Xin Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Wang Guan Ran	2201 Interest of corporation controlled by you
Da Ren Shi Ye Fa Zhan Xiang Gang You Xian Gong Si	2101 Beneficial owner
Shen Zhen Jie Si Wei Ye Kong Gu Gu Fen You Xian Gong Si Qian Cheng Bei Jing Jie Si Wei Ye Kong Gu Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Jie Si Ding Xin Kong Gu You Xian Gong Si Qian Cheng Shen Zhen Da Ren Shi Ye Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Da Ren Shi Ye Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you
Da Ren Tou Zi Guan Li Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Jie Si Wei Ye Kong Gu Gu Fen You Xian Gong Si Qian Cheng Bei Jing Jie Si Wei Ye Kong Gu Gu	2106 Person having a security interest in shares
Bei Jing Jie Si Wei Ye Kong Gu Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Jie Si Wei Ye Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you

Lingbao Gold Group Co Headlines

No Headlines