Fangda Carbon New Material Co (SHSE:600516) ROCE % : 2.01% (As of Sep. 2024)

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What is Fangda Carbon New Material 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. Fangda Carbon New Material Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.01%.

Fangda Carbon New Material Co ROCE % Historical Data

The historical data trend for Fangda Carbon New Material 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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Fangda Carbon New Material Co ROCE % Chart

Fangda Carbon New Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.75

4.19

8.00

6.97

2.94

Fangda Carbon New Material 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															2.90	0.96	4.76	0.27	2.01

Fangda Carbon New Material Co ROCE % Calculation

Fangda Carbon New Material 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 )
	=	545.734	/	( ( (20175.291 - 2525.893)	+	(21707.602 - 2180.438) )	/ 2 )
	=	545.734	/	( (17649.398	+	19527.164)	/ 2 )
	=	545.734	/	18588.281
	=	2.94 %

Fangda Carbon New Material 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 )
	=	379.504	/	( ( (21528.705 - 2516.784)	+	(21279.929 - 2439.129) )	/ 2 )
	=	379.504	/	( ( 19011.921	+	18840.8 )	/ 2 )
	=	379.504	/	18926.3605
	=	2.01 %

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

Fangda Carbon New Material Co (SHSE:600516) 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.

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Fangda Carbon New Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fangda Carbon New Material Co Ltd (SHSE:600516) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 11 Tansu Road, Haishiwan Town, Honggu District, Gansu Province, Lanzhou, CHN, 730084

Website

http://www.fdtsgs.com

Fangda Carbon New Material Co Ltd is a China-based company engaged in the production and sales of graphite and carbon products. Its main products include ultra-high power, high power and common power graphite electrodes, microporous carbon bricks, semi-graphite carbon bricks, aluminum carbon bricks, isostatic graphite products, special graphite products, biological carbon products and carbon composite materials, among others.

Executives

Yan Kui Xing	Director
Yu Yong	senior management
Dang Xi Jiang	Director
Liu Yi Nan	Director
Shu Wen Bo	Director
Xu Peng	senior management
Wang Bo	senior management
Yang Yuan Ji	Director
Zhang Tian Jun	Director
Sun Bao An	senior management
He Zhong Hua	Director
Hu Jian Zhong	Directors, senior managers
Li Jing	senior management
Jiang Guo Li	senior management
Chen Li Qin	senior management

Fangda Carbon New Material Co Headlines

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