Vohringer Home Technology Co (SHSE:603226) ROCE % : -4.21% (As of Mar. 2024)

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What is Vohringer Home 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. Vohringer Home Technology Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -4.21%.

Vohringer Home Technology Co ROCE % Historical Data

The historical data trend for Vohringer Home 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.

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Vohringer Home Technology Co ROCE % Chart

Vohringer Home Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.96

7.44

3.21

0.77

-1.86

Vohringer Home Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-4.95	-0.99	-3.84	2.16	-4.21

Vohringer Home Technology Co ROCE % Calculation

Vohringer Home 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 )
	=	-21.492	/	( ( (1413.457 - 312.632)	+	(1410.482 - 202.687) )	/ 2 )
	=	-21.492	/	( (1100.825	+	1207.795)	/ 2 )
	=	-21.492	/	1154.31
	=	-1.86 %

Vohringer Home Technology Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-51.036	/	( ( (1410.482 - 202.687)	+	(1383.612 - 168.477) )	/ 2 )
	=	-51.036	/	( ( 1207.795	+	1215.135 )	/ 2 )
	=	-51.036	/	1211.465
	=	-4.21 %

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

Vohringer Home Technology Co (SHSE:603226) 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.

Vohringer Home Technology Co ROCE % Related Terms

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Vohringer Home Technology Co (SHSE:603226) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Vohringer Home Technology Co Ltd (SHSE:603226) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

7001 Linhai Road, Qingcun Township, Fengxian District, Shanghai, CHN, 201414

Website

http://www.vohringer.com

Vohringer Home Technology Co Ltd, formerly Shanghai Vohringer Wood Product Co Ltd is engaged in the development and sale of wood flooring and wood custom furniture for the whole house. The company's main products include laminate flooring, multi-layer parquet, three-layer solid wood flooring, pure wooden floors and custom homes throughout the house.

Executives

Liu Dun Yin	Directors, senior managers
Tao Yuan	senior management
Sun Zhen Wei	senior management
Li Cong	senior management
Ji Fu Tang	senior management
Li Yun	senior management

Vohringer Home Technology Co (SHSE:603226) Headlines

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