Sichuan EM Technology Co (SHSE:601208) ROCE % : 5.91% (As of Sep. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Sichuan EM Technology 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. Sichuan EM Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 5.91%.

Sichuan EM Technology Co ROCE % Historical Data

The historical data trend for Sichuan EM Technology 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.

Sichuan EM Technology Co ROCE % Chart

Sichuan EM Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.66

7.92

10.64

9.52

6.63

Sichuan EM Technology 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															6.03	2.87	3.85	7.82	5.91

Sichuan EM Technology Co ROCE % Calculation

Sichuan EM Technology 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 )
	=	447.981	/	( ( (9055.404 - 2718.04)	+	(9926.704 - 2741.296) )	/ 2 )
	=	447.981	/	( (6337.364	+	7185.408)	/ 2 )
	=	447.981	/	6761.386
	=	6.63 %

Sichuan EM Technology 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 )
	=	420.524	/	( ( (10427.039 - 3307.571)	+	(10620.631 - 3506.663) )	/ 2 )
	=	420.524	/	( ( 7119.468	+	7113.968 )	/ 2 )
	=	420.524	/	7116.718
	=	5.91 %

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

Sichuan EM Technology Co (SHSE:601208) 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.

Sichuan EM Technology Co ROCE % Related Terms

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

Sichuan EM Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sichuan EM Technology Co Ltd (SHSE:601208) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

China Mianyang Dongxing Road 6, Sichuan, CHN, 621000

Website

http://www.emtco.cn

Sichuan EM Technology Co Ltd focuses on the development of new insulation materials, optical materials, and environmental protection flame retardant materials in China. Its products include mica tapes, film coating products, polypropylene films, cast sheets or films, and electrical polyester films.

Executives

Xiong Hai Tao	Director
Tang An Bin	Director
Li Gang	senior management
Chen Jie	senior management
Xiong Ling Yao	Director
Wang Ming	Supervisors
Jing Guo Ren	senior management
Luo Chun Ming	senior management
Li Wen Quan	senior management
Zhou You	senior management
Shi Qiang	Supervisors
Liang Qian Qian	Supervisors
Cao Xue	Directors, senior managers
Yu Shao Bo	Director
Wang Xiao Quan	senior management

Sichuan EM Technology Co Headlines

No Headlines