Shenglong Splendecor International (HKSE:08481) ROCE % : 12.14% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Shenglong Splendecor International 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. Shenglong Splendecor International's annualized ROCE % for the quarter that ended in Dec. 2023 was 12.14%.

Shenglong Splendecor International ROCE % Historical Data

The historical data trend for Shenglong Splendecor International'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.

Shenglong Splendecor International ROCE % Chart

Shenglong Splendecor International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

12.73

6.54

7.90

6.28

10.03

Shenglong Splendecor International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															6.95	2.08	10.09	13.68	12.14

Shenglong Splendecor International ROCE % Calculation

Shenglong Splendecor International'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 )
	=	46.79	/	( ( (648.762 - 215.905)	+	(759.16 - 259.317) )	/ 2 )
	=	46.79	/	( (432.857	+	499.843)	/ 2 )
	=	46.79	/	466.35
	=	10.03 %

Shenglong Splendecor International'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	60.664	/	( ( (0 - 0)	+	(759.16 - 259.317) )	/ 1 )
	=	60.664	/	( ( 0	+	499.843 )	/ 1 )
	=	60.664	/	499.843
	=	12.14 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Shenglong Splendecor International (HKSE:08481) 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.

Shenglong Splendecor International ROCE % Related Terms

Thank you for viewing the detailed overview of Shenglong Splendecor International's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenglong Splendecor International (HKSE:08481) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shenglong Splendecor International Ltd (HKSE:08481) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 55 Shangyang Road, Yangdai Village, Jinnan sub-district, Zhejiang, Lin’an City, Hangzhou, CHN, 311301

Website

http://www.splendecor.com

Shenglong Splendecor International Ltd is an investment holding. It is engaged in the manufacturing of decorative printing materials products based in China. Its products include melamine impregnated paper, finish foil paper, PVC furniture film, and PVC flooring film. Geographically, it derives a majority of its revenue from China.

Shenglong Splendecor International (HKSE:08481) Headlines

No Headlines