China Shuifa Singyes New Materials Holdings (HKSE:08073) ROCE % : 0.00% (As of Jun. 2024)

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What is China Shuifa Singyes New Materials Holdings 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 Shuifa Singyes New Materials Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

China Shuifa Singyes New Materials Holdings ROCE % Historical Data

The historical data trend for China Shuifa Singyes New Materials Holdings'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 Shuifa Singyes New Materials Holdings ROCE % Chart

China Shuifa Singyes New Materials Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-0.05

-8.51

-5.42

-23.03

7.88

China Shuifa Singyes New Materials Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															-0.27	7.57	-107.77	-	-

China Shuifa Singyes New Materials Holdings ROCE % Calculation

China Shuifa Singyes New Materials Holdings'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 )
	=	-53.339	/	( ( (350.207 - 87.429)	+	(272.642 - 72.166) )	/ 2 )
	=	-53.339	/	( (262.778	+	200.476)	/ 2 )
	=	-53.339	/	231.627
	=	-23.03 %

China Shuifa Singyes New Materials Holdings'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 )
	=	0	/	( ( (272.642 - 72.166)	+	(280.894 - 95.754) )	/ 2 )
	=	0	/	( ( 200.476	+	185.14 )	/ 2 )
	=	0	/	192.808
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

China Shuifa Singyes New Materials Holdings (HKSE:08073) 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 Shuifa Singyes New Materials Holdings ROCE % Related Terms

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China Shuifa Singyes New Materials Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Shuifa Singyes New Materials Holdings Ltd (HKSE:08073) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

168–200 Connaught Road Central, Unit 3108, 31st floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.syeamt.com

China Shuifa Singyes New Materials Holdings Ltd formerly China Singyes New Materials Holdings Ltd is involved in the sale and installation of Indium Tin Oxide (ITO) film, and the research and development, production, sale, and installation of Smart Polymer-Dispersed Liquid Crystals (Smart PDLC) products, Light Emitting Diode (LED) Display and Projection System.

Executives

Kunlun Holdings Group Limited	2101 Beneficial owner
Top Access Management Limited	2101 Beneficial owner
Liu Hongwei	2201 Interest of corporation controlled by you
Strong Eagle Holdings Limited	2101 Beneficial owner
Amata Limited	2101 Beneficial owner
Luo Jingxi	2201 Interest of corporation controlled by you
China Singyes Solar Technologies Holdings Limited	2201 Interest of corporation controlled by you

China Shuifa Singyes New Materials Holdings Headlines

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