Senci Electric Machinery Co (SHSE:603109) ROCE % : 11.12% (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Senci Electric Machinery 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. Senci Electric Machinery Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 11.12%.

Senci Electric Machinery Co ROCE % Historical Data

The historical data trend for Senci Electric Machinery 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.

Senci Electric Machinery Co ROCE % Chart

Senci Electric Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

12.36

8.30

14.19

13.90

13.78

Senci Electric Machinery Co 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															16.98	12.04	10.66	4.34	11.12

Senci Electric Machinery Co ROCE % Calculation

Senci Electric Machinery 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 )
	=	275.69	/	( ( (3105.373 - 1184.114)	+	(3314.407 - 1234.138) )	/ 2 )
	=	275.69	/	( (1921.259	+	2080.269)	/ 2 )
	=	275.69	/	2000.764
	=	13.78 %

Senci Electric Machinery Co'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 )
	=	224.928	/	( ( (3269.309 - 1180.297)	+	(3129.512 - 1171.744) )	/ 2 )
	=	224.928	/	( ( 2089.012	+	1957.768 )	/ 2 )
	=	224.928	/	2023.39
	=	11.12 %

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

Senci Electric Machinery Co (SHSE:603109) 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.

Senci Electric Machinery Co ROCE % Related Terms

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

Senci Electric Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Senci Electric Machinery Co Ltd (SHSE:603109) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Tongxing North Road, Tongjiaxi Town, Beibei District, Chongqing, CHN, 400708

Website

http://www.senci.cn

Senci Electric Machinery Co Ltd engages in research, development, manufacturing and sale of small generators, general gasoline engines and their terminal products. The company manufactures generators, starters, motors, inverters, internal combustion engines, generator sets, air compressors, washing machines, garden machinery and equipment, welding equipment, lighting equipment, uninterruptible power supplies, electronic components, microelectronics , mechatronic products and gasoline and diesel engine parts, power tools, electric vehicle parts, auto parts, motorcycle parts, general machinery, construction machinery and equipment; surface treatment of machine parts; sales of steel, building materials.

Executives

Ai Chun

Director

Senci Electric Machinery Co Headlines

No Headlines