CALB Group Co (HKSE:03931) ROCE % : 1.81% (As of Jun. 2024)

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What is CALB 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. CALB Group Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 1.81%.

CALB Group Co ROCE % Historical Data

The historical data trend for CALB 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.

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CALB Group Co ROCE % Chart

CALB Group Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-1.91

0.61

0.43

1.59

1.20

CALB Group Co Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			2.15	1.34	1.16	1.18	1.81

CALB Group Co ROCE % Calculation

CALB 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 )
	=	835.693	/	( ( (101018.704 - 36600.27)	+	(115316.041 - 40274.537) )	/ 2 )
	=	835.693	/	( (64418.434	+	75041.504)	/ 2 )
	=	835.693	/	69729.969
	=	1.20 %

CALB 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 )
	=	1418.152	/	( ( (115316.041 - 40274.537)	+	(119778.933 - 38497.886) )	/ 2 )
	=	1418.152	/	( ( 75041.504	+	81281.047 )	/ 2 )
	=	1418.152	/	78161.2755
	=	1.81 %

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

CALB Group Co (HKSE:03931) 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.

CALB Group Co ROCE % Related Terms

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CALB Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CALB Group Co Ltd (HKSE:03931) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 1 Jiangdong Avenue, Jintan District, Jiangsu Province, Changzhou, CHN

Website

https://www.calb-tech.com

Headquartered in Changzhou, Jiangsu Province, CALB a leading new energy technology company specializing in the development, production, sales, and market application of lithium-ion batteries, battery management systems and related integrated products, and lithium battery materials. The company's products mainly include electric vehicle, or EV, batteries and energy storage system, or ESS, products. Established in 2015 via a spinoff from its parent company, which was ultimately controlled by Aviation Industry Corporation of China, or AVIC, CALB has become one of the leading EV battery companies. With 5% market share in 2023 in terms of installed capacity, CALB ranked sixth among global EV battery companies and third in China with 8% market share.

Executives

Chang Zhou Jin Sha Ke Ji Tou Zi You Xian Gong Si	2101 Beneficial owner
Xia Men Li Hang Jin Zhi Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Xia Men Li Hang Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Si Chuan Cheng Fei Ji Cheng Ke Ji Gu Fen You Xian Gong Si	2101 Beneficial owner
Xia Men Jin Yuan Tou Zi Ji Tuan You Xian Gong Si	2501 Other
Xia Men Shi Chan Ye Tou Zi You Xian Gong Si	2501 Other
Zhong Guo Hang Kong Gong Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Huaan Fund Management Co., Ltd Representing Huaan-xj8-qdii, Huaan-xj10-qdii And Huaan-xj12-qdii	2501 Other
Jiang Su Jin Tan Tou Zi Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Chang Zhou Hua Ke Gong Cheng Jian She You Xian Gong Si	2101 Beneficial owner
Jiang Su Jin Tan Hua Luo Geng Ke Ji Chan Ye Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you
Guotai Junan Securities Co., Ltd.	2201 Interest of corporation controlled by you
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Huaan Fund Management Co., Ltd Representing Huaan-xj7-qdii, Huaan-xj8-qdii, Huaan-xj10-qdii And Huaa	2501 Other
Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you

CALB Group Co Headlines

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