Dlg Exhibitions & Events (SHSE:600826) ROCE % : 14.12% (As of Sep. 2024)

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What is Dlg Exhibitions & Events 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. Dlg Exhibitions & Events's annualized ROCE % for the quarter that ended in Sep. 2024 was 14.12%.

Dlg Exhibitions & Events ROCE % Historical Data

The historical data trend for Dlg Exhibitions & Events'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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Dlg Exhibitions & Events ROCE % Chart

Dlg Exhibitions & Events Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.77

4.32

3.88

3.79

9.58

Dlg Exhibitions & Events 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															5.19	6.57	0.43	9.99	14.12

Dlg Exhibitions & Events ROCE % Calculation

Dlg Exhibitions & Events'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 )
	=	410.563	/	( ( (5760.637 - 1759.032)	+	(5526.864 - 960.682) )	/ 2 )
	=	410.563	/	( (4001.605	+	4566.182)	/ 2 )
	=	410.563	/	4283.8935
	=	9.58 %

Dlg Exhibitions & Events'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 )
	=	641.716	/	( ( (5341.876 - 900.329)	+	(5611.944 - 960.918) )	/ 2 )
	=	641.716	/	( ( 4441.547	+	4651.026 )	/ 2 )
	=	641.716	/	4546.2865
	=	14.12 %

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

Dlg Exhibitions & Events (SHSE:600826) 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.

Dlg Exhibitions & Events ROCE % Related Terms

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Dlg Exhibitions & Events Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Dlg Exhibitions & Events Corp Ltd (SHSE:600826) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 161 Lujiazui East Road, Room 2602, Pudong, Shanghai, CHN, 200040

Website

https://www.lansheng.com

Dlg Exhibitions & Events Corp Ltd has exhibition business resources in many fields and the whole industry chain, including exhibition organization, exhibition hall operation, conferences, events, competitions, and exhibition services.

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