Lanzhou Great Wall Electrical Co (SHSE:600192) ROCE % : -5.32% (As of Sep. 2024)

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What is Lanzhou Great Wall Electrical 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. Lanzhou Great Wall Electrical Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -5.32%.

Lanzhou Great Wall Electrical Co ROCE % Historical Data

The historical data trend for Lanzhou Great Wall Electrical 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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Lanzhou Great Wall Electrical Co ROCE % Chart

Lanzhou Great Wall Electrical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.10

-8.09

-4.83

-4.43

-3.20

Lanzhou Great Wall Electrical Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-1.67	-9.34	-3.54	-8.82	-5.32

Lanzhou Great Wall Electrical Co ROCE % Calculation

Lanzhou Great Wall Electrical Co'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 )
	=	-59.283	/	( ( (4925.344 - 2992.84)	+	(4932.18 - 3161.72) )	/ 2 )
	=	-59.283	/	( (1932.504	+	1770.46)	/ 2 )
	=	-59.283	/	1851.482
	=	-3.20 %

Lanzhou Great Wall Electrical Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-97.704	/	( ( (4858.776 - 3106.862)	+	(4784.64 - 2863.027) )	/ 2 )
	=	-97.704	/	( ( 1751.914	+	1921.613 )	/ 2 )
	=	-97.704	/	1836.7635
	=	-5.32 %

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

Lanzhou Great Wall Electrical Co (SHSE:600192) 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.

Lanzhou Great Wall Electrical Co ROCE % Related Terms

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Lanzhou Great Wall Electrical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lanzhou Great Wall Electrical Co Ltd (SHSE:600192) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 215 Nongmin Lane, Chengguan District, Lanzhou, Gansu, CHN, 730000

Website

http://www.chinagwe.com

Lanzhou Great Wall Electrical Co Ltd is engaged in the research and development, manufacturing, sales and service of high and medium voltage switchgear complete sets of equipment, high and low voltage electrical components and key components, electric drive automation and new energy control systems, intelligent low voltage complete power distribution devices and busbar trunks. The company also operates fruit and vegetable juice processing, hydropower operation management and new energy batteries.

Executives

Mao Jian Guang

Director

Lanzhou Great Wall Electrical Co Headlines

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