GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wuxi Commercial Mansion Grand Orient Co Ltd (SHSE:600327) » Definitions » ROCE %

Wuxi Commercial Mansion Grand Orient Co (SHSE:600327) ROCE % : 6.25% (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Wuxi Commercial Mansion Grand Orient 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. Wuxi Commercial Mansion Grand Orient Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.25%.


Wuxi Commercial Mansion Grand Orient Co ROCE % Historical Data

The historical data trend for Wuxi Commercial Mansion Grand Orient 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.

Wuxi Commercial Mansion Grand Orient Co ROCE % Chart

Wuxi Commercial Mansion Grand Orient Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.14 11.16 21.14 6.43 5.63

Wuxi Commercial Mansion Grand Orient Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.67 13.32 1.49 1.94 6.25

Wuxi Commercial Mansion Grand Orient Co ROCE % Calculation

Wuxi Commercial Mansion Grand Orient 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 )
=224.077/( ( (5561.846 - 1571.583) + (5840.942 - 1866.524) )/ 2 )
=224.077/( (3990.263+3974.418)/ 2 )
=224.077/3982.3405
=5.63 %

Wuxi Commercial Mansion Grand Orient Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=249.4/( ( (5840.942 - 1866.524) + (5713.352 - 1713.121) )/ 2 )
=249.4/( ( 3974.418 + 4000.231 )/ 2 )
=249.4/3987.3245
=6.25 %

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

* 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.


Wuxi Commercial Mansion Grand Orient Co  (SHSE:600327) 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.


Wuxi Commercial Mansion Grand Orient Co ROCE % Related Terms

Thank you for viewing the detailed overview of Wuxi Commercial Mansion Grand Orient Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Wuxi Commercial Mansion Grand Orient Co (SHSE:600327) Business Description

Traded in Other Exchanges
N/A
Address
No. 343 Zhongshan Road, Jiangsu Province, Wuxi, CHN, 214001
Wuxi Commercial Mansion Grand Orient Co Ltd operates retail department stores. The company is also involved in the automotive business and food manufacturing operations.
Executives
Xie Wei Dong Director
Gao Bing Hua Director
Zhang Sheng Ming senior management
Wang Jing Long senior management
Xi Guo Liang Director
Zhang Zhi Hua Director
Fang Min Jia Supervisors
Gao Jie Supervisors
Pan Xiao Yan Director
Xu Biao Director
Zhang Sheng Min Director

Wuxi Commercial Mansion Grand Orient Co (SHSE:600327) Headlines

No Headlines