Yueyang Forest & Paper Co (SHSE:600963) ROCE % : 10.72% (As of Dec. 2024)

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What is Yueyang Forest & Paper 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. Yueyang Forest & Paper Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 10.72%.

Yueyang Forest & Paper Co ROCE % Historical Data

The historical data trend for Yueyang Forest & Paper 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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Yueyang Forest & Paper Co ROCE % Chart

Yueyang Forest & Paper Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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5.69

5.02

8.14

1.77

2.77

Yueyang Forest & Paper 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															0.01	5.01	-3.53	-1.27	10.72

Yueyang Forest & Paper Co ROCE % Calculation

Yueyang Forest & Paper 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 )
	=	308.788	/	( ( (19156.02 - 8060.357)	+	(20383.37 - 9204.587) )	/ 2 )
	=	308.788	/	( (11095.663	+	11178.783)	/ 2 )
	=	308.788	/	11137.223
	=	2.77 %

Yueyang Forest & Paper 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 )
	=	1215.452	/	( ( (17038.426 - 5548.337)	+	(20383.37 - 9204.587) )	/ 2 )
	=	1215.452	/	( ( 11490.089	+	11178.783 )	/ 2 )
	=	1215.452	/	11334.436
	=	10.72 %

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

Yueyang Forest & Paper Co (SHSE:600963) 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.

Yueyang Forest & Paper Co ROCE % Related Terms

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Yueyang Forest & Paper Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Yueyang Forest & Paper Co Ltd (SHSE:600963) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Hongjiazhou, Chenglingji, Yueyang, Hunan, CHN, 414002

Website

http://www.yypaper.com

Yueyang Forest & Paper Co Ltd is a China-based cultural paper, industrial paper, packaging paper production enterprise. The company's products are offset printing paper, digital printing paper, copy paper, refined lightweight coated paper, lightweight coated paper, light offset paper, industrial base paper, refined kraft paper, stretch paper bag paper and others. The products are offered to publishers, magazines, large printing plants, paper products processing companies, paper products dealers and others. The company's product enjoys a high reputation in China and its products are exported to many countries and regions.

Executives

Liu Jian Guo	Director
Zhuo Hao	senior management
Liu Yu Lu	Director
Li Zhan	Directors, senior managers
Zhong Qiu Sheng	senior management
Ma Dong	senior management
Zhao Qing Yi	senior management
Ye Meng	Director
You Chang Shan	Director
Yi Lan Kai	senior management
Li Zheng Guo	senior management
Li Fei	Director
Zhu Hong Wei	senior management
Shi Xiang Yan	senior management
Peng Li	Supervisors

Yueyang Forest & Paper Co Headlines

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