Sichuan Golden Summit Group Co (SHSE:600678) ROCE % : 4.70% (As of Sep. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Sichuan Golden Summit 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. Sichuan Golden Summit Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 4.70%.

Sichuan Golden Summit Group Co ROCE % Historical Data

The historical data trend for Sichuan Golden Summit 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.

Sichuan Golden Summit Group Co ROCE % Chart

Sichuan Golden Summit Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

18.50

24.01

33.93

10.81

-5.34

Sichuan Golden Summit 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															-8.05	-27.07	-2.80	1.17	4.70

Sichuan Golden Summit Group Co ROCE % Calculation

Sichuan Golden Summit 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 )
	=	-20.761	/	( ( (640.616 - 276.89)	+	(938.092 - 524.903) )	/ 2 )
	=	-20.761	/	( (363.726	+	413.189)	/ 2 )
	=	-20.761	/	388.4575
	=	-5.34 %

Sichuan Golden Summit 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 )
	=	30.396	/	( ( (1017.147 - 370.967)	+	(1021.689 - 375.059) )	/ 2 )
	=	30.396	/	( ( 646.18	+	646.63 )	/ 2 )
	=	30.396	/	646.405
	=	4.70 %

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

Sichuan Golden Summit Group Co (SHSE:600678) 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.

Sichuan Golden Summit Group Co ROCE % Related Terms

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

Sichuan Golden Summit Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Sichuan Golden Summit Group Co Ltd (SHSE:600678) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No.55, Xinnong Group, Ledu Town, Sichuan Province, Emeishan, CHN, 614000

Website

http://www.scjd.cn

Sichuan Golden Summit Group Co Ltd primarily engages in the manufacturing and distribution of concrete, ordinary Portland cement, slag Portland cement, and moderate heat Portland cement in China.

Executives

Liang Fei	Director
Wang Ming	Director
Hu Yao Jun	senior management
Zhou Zheng	senior management
Wang Zhong	Supervisors

Sichuan Golden Summit Group Co Headlines

No Headlines