Flower King Eco-Engineering (SHSE:603007) ROCE % : -32.29% (As of Jun. 2024)

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What is Flower King Eco-Engineering 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. Flower King Eco-Engineering's annualized ROCE % for the quarter that ended in Jun. 2024 was -32.29%.

Flower King Eco-Engineering ROCE % Historical Data

The historical data trend for Flower King Eco-Engineering'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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Flower King Eco-Engineering ROCE % Chart

Flower King Eco-Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.41

0.26

-43.51

-21.91

-24.79

Flower King Eco-Engineering Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															-5.74	25.94	-113.98	-10.42	-32.29

Flower King Eco-Engineering ROCE % Calculation

Flower King Eco-Engineering'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 )
	=	-147.593	/	( ( (2475.537 - 1784.913)	+	(2309.61 - 1809.412) )	/ 2 )
	=	-147.593	/	( (690.624	+	500.198)	/ 2 )
	=	-147.593	/	595.411
	=	-24.79 %

Flower King Eco-Engineering's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-143.56	/	( ( (2296.272 - 1821.828)	+	(2269.181 - 1854.451) )	/ 2 )
	=	-143.56	/	( ( 474.444	+	414.73 )	/ 2 )
	=	-143.56	/	444.587
	=	-32.29 %

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

Flower King Eco-Engineering (SHSE:603007) 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.

Flower King Eco-Engineering ROCE % Related Terms

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Flower King Eco-Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Flower King Eco-Engineering Inc (SHSE:603007) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 99 South Second Ring Roa, Jiangsu Province, Danyang, CHN, 212300

Website

http://www.flowersking.com

Flower King Eco-Engineering Inc, formerly Jiangsu Flowers King Horticulture Co Ltd is engaged in landscape design and construction of municipal services, tourist attractions, roads and real estate and other areas.

Executives

Cui Hong Bo	senior management
He Wei Tao	senior management
Xu Xu Sheng	senior management
Xiao Jie Jun	Director
Wei Jian Hong	senior management
Lin Xiao Jun	Director
Gu Jing	senior management
Li Hong Bin	Director
Xiao Jiao Jun	Director

Flower King Eco-Engineering Headlines

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