China PengFei Group (HKSE:03348) ROCE % : 7.84% (As of Jun. 2024)

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What is China PengFei 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. China PengFei Group's annualized ROCE % for the quarter that ended in Jun. 2024 was 7.84%.

China PengFei Group ROCE % Historical Data

The historical data trend for China PengFei 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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China PengFei Group ROCE % Chart

China PengFei Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.81

26.52

18.83

17.38

19.61

China PengFei Group Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial									18.23	17.68	17.80	22.21	7.84

China PengFei Group ROCE % Calculation

China PengFei 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 )
	=	199.002	/	( ( (3354.004 - 2397.727)	+	(2691.138 - 1617.513) )	/ 2 )
	=	199.002	/	( (956.277	+	1073.625)	/ 2 )
	=	199.002	/	1014.951
	=	19.61 %

China PengFei 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 )
	=	82.902	/	( ( (2691.138 - 1617.513)	+	(2646.692 - 1606.381) )	/ 2 )
	=	82.902	/	( ( 1073.625	+	1040.311 )	/ 2 )
	=	82.902	/	1056.968
	=	7.84 %

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

China PengFei Group (HKSE:03348) 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.

China PengFei Group ROCE % Related Terms

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China PengFei Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China PengFei Group Ltd (HKSE:03348) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Benjiaji, Beijiao, Jiangsu Province, Haian, CHN

Website

http://www.pengfei.com.cn

China PengFei Group Ltd is engaged in equipment manufacturing and installation, and construction of production line business. It manufactures Rotary kilns, Grinding equipment, and their related equipment in the PRC and various markets. The group derives prime revenue from Mainland China.

Executives

Ambon Holding Limited	2101 Beneficial owner
Wang Jiaan	2201 Interest of corporation controlled by you
Pf International Group Limited	2101 Beneficial owner
Pf Global Limited	2101 Beneficial owner

China PengFei Group Headlines

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