Zhejiang Yankon Group Co (SHSE:600261) ROCE % : 10.92% (As of Sep. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Zhejiang Yankon 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. Zhejiang Yankon Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 10.92%.

Zhejiang Yankon Group Co ROCE % Historical Data

The historical data trend for Zhejiang Yankon 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.

* Premium members only.

Zhejiang Yankon Group Co ROCE % Chart

Zhejiang Yankon Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

14.30

13.47

8.02

5.68

7.18

Zhejiang Yankon Group 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															1.99	9.05	6.38	3.56	10.92

Zhejiang Yankon Group Co ROCE % Calculation

Zhejiang Yankon Group 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 )
	=	279.521	/	( ( (5569.227 - 1679.004)	+	(5383.666 - 1484.586) )	/ 2 )
	=	279.521	/	( (3890.223	+	3899.08)	/ 2 )
	=	279.521	/	3894.6515
	=	7.18 %

Zhejiang Yankon Group 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 )
	=	402.484	/	( ( (5099.585 - 1457.654)	+	(5153.983 - 1423.02) )	/ 2 )
	=	402.484	/	( ( 3641.931	+	3730.963 )	/ 2 )
	=	402.484	/	3686.447
	=	10.92 %

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

Zhejiang Yankon Group Co (SHSE:600261) 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.

Zhejiang Yankon Group Co ROCE % Related Terms

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

Zhejiang Yankon Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Yankon Group Co Ltd (SHSE:600261) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 568, Cao'e Street, West Section of Renmin Avenue, Shangyu District, Zhejiang province, Shangyu, CHN, 312300

Website

http://www.yankon.com

Zhejiang Yankon Group Co Ltd is engaged in the development, manufacture, and distribution of lighting appliances. It generally offers intelligent lighting, home lighting, commercial and outdoor lighting. Geographically the activities are carried out through China.

Executives

	senior management
Zhang Long	senior management
Li Yang	Director
Wu Guo Ming	Directors, senior managers
Yu Guang Ming	Supervisors
Zhou Ya Mei	senior management
Tao Chun Lei	Supervisors
Zhao Fang Hua	Directors, senior managers
Guan Yong	Directors, senior managers
Hua Tian Wen	Supervisors
Zhao Wei Feng	senior management
Wu Wen Hai	senior management
Sun Hui Gang	senior management
Zhang Jian Zhong	senior management
Chen Yi Ping	senior management

Zhejiang Yankon Group Co Headlines

No Headlines