Jiangsu Yabang Dyestuff Co (SHSE:603188) ROCE % : -8.25% (As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Jiangsu Yabang Dyestuff 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. Jiangsu Yabang Dyestuff Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -8.25%.

Jiangsu Yabang Dyestuff Co ROCE % Historical Data

The historical data trend for Jiangsu Yabang Dyestuff 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.

Jiangsu Yabang Dyestuff Co ROCE % Chart

Jiangsu Yabang Dyestuff Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-9.54

-22.95

-2.63

-38.48

-44.86

Jiangsu Yabang Dyestuff 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															-21.41	-99.72	5.68	1.49	-8.25

Jiangsu Yabang Dyestuff Co ROCE % Calculation

Jiangsu Yabang Dyestuff 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 )
	=	-523.601	/	( ( (2532.082 - 1115.689)	+	(2147.287 - 1229.523) )	/ 2 )
	=	-523.601	/	( (1416.393	+	917.764)	/ 2 )
	=	-523.601	/	1167.0785
	=	-44.86 %

Jiangsu Yabang Dyestuff 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 )
	=	-83.456	/	( ( (1937.558 - 915.688)	+	(1802.904 - 802.691) )	/ 2 )
	=	-83.456	/	( ( 1021.87	+	1000.213 )	/ 2 )
	=	-83.456	/	1011.0415
	=	-8.25 %

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

Jiangsu Yabang Dyestuff Co (SHSE:603188) 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.

Jiangsu Yabang Dyestuff Co ROCE % Related Terms

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

Jiangsu Yabang Dyestuff Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Yabang Dyestuff Co Ltd (SHSE:603188) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Niutang, Jiangsu Province, Changzhou, CHN

Website

http://www.ybdyes.com

Jiangsu Yabang Dyestuff Co Ltd mainly produces and sells dyestuffs and the intermediates. It offers products such as vat dyes, disperse dyes, solvent dyes, phthalo cyanine and intermediaries such as anthraquinone, bromamine acid and benzanthrone.

Executives

Xu Yun Xia	Director
Zhou Duo Gang	Director
Lu Jian Ping	Director
Wu Wei	Supervisors
Zhang Yi Qing	senior management
Zhang Qing Ping	Supervisors
Zhang Long Xin	Director
Zhang Li Na	senior management
Zhang Wei Feng	senior management
Xu Li Juan	Supervisors
Shang Jun Ping	senior management
Tong Guo Qing	Supervisors
Qian Guang You	Director
Zhou Xiang Dong	senior management
Xu Xu Dong	Director

Jiangsu Yabang Dyestuff Co Headlines

No Headlines