Js Beauty Land Network Technology (Js Beauty Land Network Technology) ROCE % : 22.96% (As of Sep. 2021)

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What is Js Beauty Land Network Technology 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. Js Beauty Land Network Technology's annualized ROCE % for the quarter that ended in Sep. 2021 was 22.96%.

Js Beauty Land Network Technology ROCE % Historical Data

The historical data trend for Js Beauty Land Network Technology'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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Js Beauty Land Network Technology ROCE % Chart

Js Beauty Land Network Technology Annual Data

Trend

Dec18

Dec19

Dec20

ROCE %

-195.65

-98.70

Js Beauty Land Network Technology Quarterly Data
	Sep18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
ROCE %	Get a 7-Day Free Trial							-39.62	-233.16	-64.11	-38.65	22.96

Js Beauty Land Network Technology ROCE % Calculation

Js Beauty Land Network Technology's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	-0.341	/	( ( (0.606 - 0.353)	+	(0.89 - 0.452) )	/ 2 )
	=	-0.341	/	( (0.253	+	0.438)	/ 2 )
	=	-0.341	/	0.3455
	=	-98.70 %

Js Beauty Land Network Technology's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	0.148	/	( ( (1.076 - 0.634)	+	(2.245 - 1.398) )	/ 2 )
	=	0.148	/	( ( 0.442	+	0.847 )	/ 2 )
	=	0.148	/	0.6445
	=	22.96 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

Js Beauty Land Network Technology (OTCPK:JSBL) 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.

Js Beauty Land Network Technology ROCE % Related Terms

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Js Beauty Land Network Technology (Js Beauty Land Network Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Js Beauty Land Network Technology Inc (OTCPK:JSBL) » Definitions » ROCE %

Comparable Companies

WAR:PIT NSE:SMFOCE BOM:540252 ASX:ATP HKSE:01150 BOM:542034 NSE:MOKSH HKSE:00986 BOM:542694 TSE:2736

Traded in Other Exchanges

N/A

Address

No. 99, Taihu Road, Jiangsu Province, Yancheng, CHN, 224600

Website

Js Beauty Land Network Technology Inc is engaged in the jewelry business. The firm is a Chinese retailer and wholesaler of jade stone-adorned jewelry and decoration.

Js Beauty Land Network Technology (Js Beauty Land Network Technology) Headlines

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