Shanghai Pudong Construction Co (SHSE:600284) ROCE % : 6.51% (As of Dec. 2024)

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What is Shanghai Pudong Construction 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. Shanghai Pudong Construction Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.51%.

Shanghai Pudong Construction Co ROCE % Historical Data

The historical data trend for Shanghai Pudong Construction 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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Shanghai Pudong Construction Co ROCE % Chart

Shanghai Pudong Construction Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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6.98

6.89

6.37

6.38

7.26

Shanghai Pudong Construction 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															4.67	6.36	5.67	9.79	6.51

Shanghai Pudong Construction Co ROCE % Calculation

Shanghai Pudong Construction 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 )
	=	727.132	/	( ( (29698.844 - 18766.198)	+	(32731.73 - 23641.551) )	/ 2 )
	=	727.132	/	( (10932.646	+	9090.179)	/ 2 )
	=	727.132	/	10011.4125
	=	7.26 %

Shanghai Pudong Construction 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 )
	=	627.724	/	( ( (31275.673 - 21092.295)	+	(32731.73 - 23641.551) )	/ 2 )
	=	627.724	/	( ( 10183.378	+	9090.179 )	/ 2 )
	=	627.724	/	9636.7785
	=	6.51 %

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

Shanghai Pudong Construction Co (SHSE:600284) 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.

Shanghai Pudong Construction Co ROCE % Related Terms

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Shanghai Pudong Construction Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shanghai Pudong Construction Co Ltd (SHSE:600284) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Lane 701, Chuanqiao Road, 7th Floor, Pudong New Area, Shanghai, CHN, 200122

Website

http://www.pdjs.com.cn

Shanghai Pudong Construction Co Ltd, formerly Shanghai Pudong Road & Bridge Construction Co Ltd is engaged in the construction or roads, bridges, and other infrastructure projects in China. The company is also involved in the supply of asphalt mixtures and the environmental protection industry. Geographically, the activities are carried out through China.

Executives

Ma Jia Shun	senior management
Wu Jian Guo	Director

Shanghai Pudong Construction Co Headlines

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