Great Sun Foods Co (SHSE:603336) ROCE % : 4.08% (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Great Sun Foods 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. Great Sun Foods Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.08%.

Great Sun Foods Co ROCE % Historical Data

The historical data trend for Great Sun Foods 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.

Great Sun Foods Co ROCE % Chart

Great Sun Foods Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

9.89

7.92

4.90

4.86

3.32

Great Sun Foods 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															4.06	5.07	3.70	0.43	4.08

Great Sun Foods Co ROCE % Calculation

Great Sun Foods 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 )
	=	45.64	/	( ( (1779.067 - 411.867)	+	(1843.502 - 461.463) )	/ 2 )
	=	45.64	/	( (1367.2	+	1382.039)	/ 2 )
	=	45.64	/	1374.6195
	=	3.32 %

Great Sun Foods 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 )
	=	56.748	/	( ( (1843.502 - 461.463)	+	(1851.128 - 452.151) )	/ 2 )
	=	56.748	/	( ( 1382.039	+	1398.977 )	/ 2 )
	=	56.748	/	1390.508
	=	4.08 %

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

Great Sun Foods Co (SHSE:603336) 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.

Great Sun Foods Co ROCE % Related Terms

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

Great Sun Foods Co (SHSE:603336) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Great Sun Foods Co Ltd (SHSE:603336) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 13, Yujin Middle Road, Longhu District, Guangdong Province, Shantou, CHN, 515041

Website

http://www.greatsunfoods.com

Great Sun Foods Co Ltd is the Chinese company operating in the agricultural and sideline food processing industry. The company is engaged in the provision of plantation management, post-harvest acquisition, pre-cooling, frozen storage, pre-selection classification, processing and packaging and cold chain distribution. It provides more than 46 categories of fruits and 43 categories of vegetables, with different varieties from all parts of China and abroad.

Great Sun Foods Co (SHSE:603336) Headlines

No Headlines