GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiutian Chemical Group Ltd (SGX:C8R) » Definitions » ROCE %

Jiutian Chemical Group (SGX:C8R) ROCE % : -15.55% (As of Dec. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Jiutian Chemical 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. Jiutian Chemical Group's annualized ROCE % for the quarter that ended in Dec. 2024 was -15.55%.


Jiutian Chemical Group ROCE % Historical Data

The historical data trend for Jiutian Chemical 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.

* Premium members only.

Jiutian Chemical Group ROCE % Chart

Jiutian Chemical Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.86 71.09 60.12 -31.85 -18.40

Jiutian Chemical Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -29.32 -40.97 -20.35 -15.55

Jiutian Chemical Group ROCE % Calculation

Jiutian Chemical Group's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-26.545/( ( (240.492 - 85.3) + (193.834 - 60.422) )/ 2 )
=-26.545/( (155.192+133.412)/ 2 )
=-26.545/144.302
=-18.40 %

Jiutian Chemical Group's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-22.092/( ( (208.762 - 57.952) + (193.834 - 60.422) )/ 2 )
=-22.092/( ( 150.81 + 133.412 )/ 2 )
=-22.092/142.111
=-15.55 %

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

* 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.


Jiutian Chemical Group  (SGX:C8R) 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.


Jiutian Chemical Group ROCE % Related Terms

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


Jiutian Chemical Group Business Description

Traded in Other Exchanges
N/A
Address
350 Orchard Road, No. 21-03 Shaw House, Singapore, SGP, 238868
Jiutian Chemical Group Ltd is engaged in the manufacturing and selling of chemical-based products. Its products include dimethylformamide (DMF), methylamine, sodium hydrosulfate, and dimethylaccetamide (DMAC). The company is also involved in the processing and sale of consumable carbon dioxide and oxygen-18 and deutrium-depleted water. All of its revenues come from China.

Jiutian Chemical Group Headlines

No Headlines