Hubei Xingfa Chemicals Group Co (SHSE:600141) ROCE % : 0.78% (As of Dec. 2024)

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What is Hubei Xingfa Chemicals Group Co 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. Hubei Xingfa Chemicals Group Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.78%.

Hubei Xingfa Chemicals Group Co ROCE % Historical Data

The historical data trend for Hubei Xingfa Chemicals Group Co'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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Hubei Xingfa Chemicals Group Co ROCE % Chart

Hubei Xingfa Chemicals Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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7.69

27.71

29.37

5.50

6.27

Hubei Xingfa Chemicals Group Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															2.42	7.10	5.28	11.82	0.78

Hubei Xingfa Chemicals Group Co ROCE % Calculation

Hubei Xingfa Chemicals Group Co'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 )
	=	2091.158	/	( ( (44810.914 - 11896.866)	+	(47775.869 - 14002.514) )	/ 2 )
	=	2091.158	/	( (32914.048	+	33773.355)	/ 2 )
	=	2091.158	/	33343.7015
	=	6.27 %

Hubei Xingfa Chemicals Group Co'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: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	262.396	/	( ( (47119.08 - 13804.942)	+	(47775.869 - 14002.514) )	/ 2 )
	=	262.396	/	( ( 33314.138	+	33773.355 )	/ 2 )
	=	262.396	/	33543.7465
	=	0.78 %

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

Hubei Xingfa Chemicals Group Co (SHSE:600141) 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.

Hubei Xingfa Chemicals Group Co ROCE % Related Terms

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Hubei Xingfa Chemicals Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hubei Xingfa Chemicals Group Co Ltd (SHSE:600141) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 188-9 Yanjiang Avenue, Xingfa Building, Wujia District, Hubei, Yichang City, CHN, 443700

Website

https://www.xingfagroup.com

Hubei Xingfa Chemicals Group Co Ltd is engaged in the Mining and sales of phosphate rock, the production and sales of chemical products such as fine phosphates, phosphate fertilizers, organophosphorus pesticides, silicones and electronic chemicals.

Executives

Bao Bo Ying	senior management
Hu Kun Yi	Director
Lu Ming Qing	senior management
Cheng Ya Li	Director
Liu Chang	senior management
Li Mei Hui	Supervisors
Yang Tie Jun	senior management
Chen Fang	Supervisors
Gong Jun	Supervisors
Xie Juan	Supervisors
Wang Jie	Director
Yuan Bing	Director
Shu Long	Director
Ni Xiao Shan	senior management
Li Shao Ping	senior management

Hubei Xingfa Chemicals Group Co Headlines

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