Zhangjiagang Freetrade Science & Technology Group Co (SHSE:600794) ROCE % : 5.74% (As of Dec. 2024)

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What is Zhangjiagang Freetrade Science & Technology 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. Zhangjiagang Freetrade Science & Technology Group Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 5.74%.

Zhangjiagang Freetrade Science & Technology Group Co ROCE % Historical Data

The historical data trend for Zhangjiagang Freetrade Science & Technology 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.

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Zhangjiagang Freetrade Science & Technology Group Co ROCE % Chart

Zhangjiagang Freetrade Science & Technology Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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12.76

6.33

9.02

12.51

10.11

Zhangjiagang Freetrade Science & Technology Group 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															10.20	12.78	12.95	7.88	5.74

Zhangjiagang Freetrade Science & Technology Group Co ROCE % Calculation

Zhangjiagang Freetrade Science & Technology Group 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 )
	=	299.845	/	( ( (4024.182 - 997.164)	+	(3425.625 - 523.292) )	/ 2 )
	=	299.845	/	( (3027.018	+	2902.333)	/ 2 )
	=	299.845	/	2964.6755
	=	10.11 %

Zhangjiagang Freetrade Science & Technology Group 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 )
	=	170.42	/	( ( (3870.043 - 833.225)	+	(3425.625 - 523.292) )	/ 2 )
	=	170.42	/	( ( 3036.818	+	2902.333 )	/ 2 )
	=	170.42	/	2969.5755
	=	5.74 %

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

Zhangjiagang Freetrade Science & Technology Group Co (SHSE:600794) 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.

Zhangjiagang Freetrade Science & Technology Group Co ROCE % Related Terms

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Zhangjiagang Freetrade Science & Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Zhangjiagang Freetrade Science & Technology Group Co Ltd (SHSE:600794) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

8 Jingang Road, Jiangsu Chemical Products Trading Center Building, 27-28th Floor, Zhangjiagang Free Trade Zone, Jiangsu Province, Zhangjiagang, CHN, 215634

Website

https://www.zftc.net

Zhangjiagang Freetrade Science & Technology Group Co Ltd is engaged in Liquid chemical products, solid dry bulk storage business and agency and other logistics service business, providing cargo dock loading and unloading, warehousing and other services for liquid chemical product manufacturers and traders, and moderate participation in chemical product trade and capital investment.

Executives

Lan Jian Qiu	Director
Chen Hui	senior management
Xu Hui	Supervisors
Chu Yue Feng	Supervisors
Chu Yue Feng	Supervisors
Zhang Hui Zhong	senior management
Zhu Jian Hua	senior management
Wang Ben	senior management
Tang Yong	Director
Huang Xiong	senior management
Deng Yong Qing	Director
Gao Fu Xing	Director
Quan Xin Na	Director
Wu Xiao Jun	Supervisors
Li Jin Wei	Supervisors

Zhangjiagang Freetrade Science & Technology Group Co Headlines

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