Lanzhou Lishang Guochao Industrial Group Co (SHSE:600738) ROCE % : 9.26% (As of Sep. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Lanzhou Lishang Guochao Industrial 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. Lanzhou Lishang Guochao Industrial Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.26%.

Lanzhou Lishang Guochao Industrial Group Co ROCE % Historical Data

The historical data trend for Lanzhou Lishang Guochao Industrial 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.

Lanzhou Lishang Guochao Industrial Group Co ROCE % Chart

Lanzhou Lishang Guochao Industrial Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

14.69

8.30

11.26

7.18

7.58

Lanzhou Lishang Guochao Industrial 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															8.57	5.26	14.43	4.61	9.26

Lanzhou Lishang Guochao Industrial Group Co ROCE % Calculation

Lanzhou Lishang Guochao Industrial 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 )
	=	187.112	/	( ( (3663.912 - 1186.59)	+	(3578.014 - 1118.466) )	/ 2 )
	=	187.112	/	( (2477.322	+	2459.548)	/ 2 )
	=	187.112	/	2468.435
	=	7.58 %

Lanzhou Lishang Guochao Industrial 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 )
	=	228.412	/	( ( (3452.324 - 999.023)	+	(3434.443 - 953.816) )	/ 2 )
	=	228.412	/	( ( 2453.301	+	2480.627 )	/ 2 )
	=	228.412	/	2466.964
	=	9.26 %

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

Lanzhou Lishang Guochao Industrial Group Co (SHSE:600738) 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.

Lanzhou Lishang Guochao Industrial Group Co ROCE % Related Terms

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

Lanzhou Lishang Guochao Industrial Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lanzhou Lishang Guochao Industrial Group Co Ltd (SHSE:600738) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 88, Jiru Road, Unit 1, Building 2, Loft49 Creative Industrial Park, Gongshu District, Zhejiang Province, Hangzhou, CHN, 310015

Website

http://www.lzminbai.com.cn

Lanzhou Lishang Guochao Industrial Group Co Ltd is engaged in retail department stores, restaurants and hotels in Lanzhou, professional market management in Nanjing, and unified operation and management of professional markets and comprehensive shopping malls in Hangzhou and Shanghai.

Executives

Hong Yi Dan	Directors, senior managers
Liu Lu Tian	Director
Mao Da Bo	Supervisors
Zhao Wei Feng	Supervisors
Zhang Hong	Director
Pang Wei Min	Supervisors
Guo De Ming	Director
Zhou Jian	Director
Ding Bai Yong	Director

Lanzhou Lishang Guochao Industrial Group Co Headlines

No Headlines