Sinoma International Engineering Co (SHSE:600970) ROCE % : 13.82% (As of Sep. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Sinoma International Engineering 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. Sinoma International Engineering Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 13.82%.

Sinoma International Engineering Co ROCE % Historical Data

The historical data trend for Sinoma International Engineering 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.

Sinoma International Engineering Co ROCE % Chart

Sinoma International Engineering Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

15.15

14.61

16.15

17.44

16.76

Sinoma International Engineering 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															15.67	21.63	14.01	15.77	13.82

Sinoma International Engineering Co ROCE % Calculation

Sinoma International Engineering 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 )
	=	3992.688	/	( ( (50067.692 - 26930.902)	+	(54419.544 - 29900.361) )	/ 2 )
	=	3992.688	/	( (23136.79	+	24519.183)	/ 2 )
	=	3992.688	/	23827.9865
	=	16.76 %

Sinoma International Engineering 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 )
	=	3532.348	/	( ( (56214.999 - 31455.8)	+	(55772.28 - 29427.214) )	/ 2 )
	=	3532.348	/	( ( 24759.199	+	26345.066 )	/ 2 )
	=	3532.348	/	25552.1325
	=	13.82 %

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

Sinoma International Engineering Co (SHSE:600970) 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.

Sinoma International Engineering Co ROCE % Related Terms

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

Sinoma International Engineering Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sinoma International Engineering Co Ltd (SHSE:600970) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16 Wangjing North Road, Sinoma International Building, Chaoyang District, Beijing, CHN, 100102

Website

http://www.sinoma.com.cn

Sinoma International Engineering Co Ltd is a supplier of complete industry chain for cement engineering, offers full-line general contracting service, from engineering design, technology and equipment research & development, equipment manufacture and supply, civil construction, equipment installation and plant commissioning to operation & maintenance. The company's main business covers cement technology & equipment and engineering, integrating premium resources of technology, talent, management, and platform.

Executives

Sui Tong Bo	senior management
Fan Li Ting	senior management
Wang Yuan	senior management
Xing Wan Li	Supervisors
Guo Zheng Yong	senior management
Liu Yan	Director
He Xiao Long	senior management
Yin Zhi Song	Directors, senior managers
Meng Qing Lin	senior management
Jiang Zhong Wen	Director
Xia Zhi Yun	Director
Zhao Hui Feng	Supervisors
Ni Jin Rui	senior management
Shen Jun	senior management
Jiao Feng	senior management

Sinoma International Engineering Co Headlines

No Headlines