ZJLD Group (HKSE:06979) ROCE % : 16.79% (As of Dec. 2023)

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What is ZJLD 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. ZJLD Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 16.79%.

ZJLD Group ROCE % Historical Data

The historical data trend for ZJLD 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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ZJLD Group ROCE % Chart

ZJLD Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

60.98

85.98

32.98

29.88

ZJLD Group Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-	66.66	21.71	39.70	16.79

ZJLD Group ROCE % Calculation

ZJLD 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 )
	=	3161.126	/	( ( (12349.624 - 5105.603)	+	(19226.118 - 5307.904) )	/ 2 )
	=	3161.126	/	( (7244.021	+	13918.214)	/ 2 )
	=	3161.126	/	10581.1175
	=	29.88 %

ZJLD Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	2272.782	/	( ( (17724.847 - 4568.773)	+	(19226.118 - 5307.904) )	/ 2 )
	=	2272.782	/	( ( 13156.074	+	13918.214 )	/ 2 )
	=	2272.782	/	13537.144
	=	16.79 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

ZJLD Group (HKSE:06979) 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.

ZJLD Group ROCE % Related Terms

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ZJLD Group (HKSE:06979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » ZJLD Group Inc (HKSE:06979) » Definitions » ROCE %

Traded in Other Exchanges

LH6:Germany

Address

No.15 Baiqiao Avenue, 8th Floor, Jiahe Guoxin Building, Dongcheng District, Beijing, CHN

Website

https://www.zjld.com

ZJLD Group Inc is a leading baijiu company in China devoted to offering premium baijiu products featuring a sauce aroma profile. The company aspires to carry forward a rich cultural heritage and turn every drop of aromatic baijiu into a joyful and memorable moment. Baijiu is China's national liquor and the world's most consumed liquor.

Executives

Wu Xiangdong	2201 Interest of corporation controlled by you
Jindong Investment Group Limited	2101 Beneficial owner
Jindong Investment Group Limited	2101 Beneficial owner
Zhenjiu Holding Limited	2101 Beneficial owner
Zhenjiu Holding Limited	2101 Beneficial owner
Kkr Afiv Zest Aiv (gp) Limited	2201 Interest of corporation controlled by you
Kkr Asian Fund Iv Zest Aiv L.p.	2201 Interest of corporation controlled by you
Maplesfs Limited	2301 Trustee
Zest Holdings I Pte. Ltd.	2201 Interest of corporation controlled by you
Zest Holdings Ii Pte. Ltd.	2101 Beneficial owner

ZJLD Group (HKSE:06979) Headlines

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