Xinjiang Guannong Co (SHSE:600251) ROCE % : -10.87% (As of Dec. 2024)

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What is Xinjiang Guannong 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. Xinjiang Guannong Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -10.87%.

Xinjiang Guannong Co ROCE % Historical Data

The historical data trend for Xinjiang Guannong 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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Xinjiang Guannong Co ROCE % Chart

Xinjiang Guannong Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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14.86

10.48

9.51

24.37

7.44

Xinjiang Guannong 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															10.73	27.86	7.08	4.06	-10.87

Xinjiang Guannong Co ROCE % Calculation

Xinjiang Guannong 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 )
	=	321.489	/	( ( (7800.784 - 3402.458)	+	(7158.709 - 2916.306) )	/ 2 )
	=	321.489	/	( (4398.326	+	4242.403)	/ 2 )
	=	321.489	/	4320.3645
	=	7.44 %

Xinjiang Guannong 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 )
	=	-468.188	/	( ( (6264.093 - 1889.413)	+	(7158.709 - 2916.306) )	/ 2 )
	=	-468.188	/	( ( 4374.68	+	4242.403 )	/ 2 )
	=	-468.188	/	4308.5415
	=	-10.87 %

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

Xinjiang Guannong Co (SHSE:600251) 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.

Xinjiang Guannong Co ROCE % Related Terms

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Xinjiang Guannong Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Xinjiang Guannong Co Ltd (SHSE:600251) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

East Road Crossing, Room 101-120, No. 35, Building 11, 29th Regiment, Kuxi Industrial Park, Xinjiang Uygur Autonomous Region, Tiemenguan, CHN, 841000

Website

http://www.gngf.cn

Xinjiang Guannong Co Ltd formerly Xinjiang Guannong Fruit & Antler Co Ltd is engaged in the business of deep processing and sales of agricultural products such as tomato products, sugar beet sugar, cotton processing, and fruit storage.

Executives

Jin Jian Xia	Directors, senior managers
Qiu Zhao Liang	senior management
Zhang Guo Yu	senior management
Liu Zhong Hai	Director
Xiao Li	Directors, senior managers
Fan Ai Jun	Director

Xinjiang Guannong Co Headlines

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