Shanghai Fengyuzhu Culture Technology Co (SHSE:603466) ROCE % : 3.57% (As of Sep. 2024)

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What is Shanghai Fengyuzhu Culture 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. Shanghai Fengyuzhu Culture Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 3.57%.

Shanghai Fengyuzhu Culture Technology Co ROCE % Historical Data

The historical data trend for Shanghai Fengyuzhu Culture 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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Shanghai Fengyuzhu Culture Technology Co ROCE % Chart

Shanghai Fengyuzhu Culture Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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20.34

20.70

22.94

3.63

11.83

Shanghai Fengyuzhu Culture Technology 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															15.94	11.27	-1.57	-18.92	3.57

Shanghai Fengyuzhu Culture Technology Co ROCE % Calculation

Shanghai Fengyuzhu Culture 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 )
	=	339.852	/	( ( (5116.44 - 2382.218)	+	(4913.125 - 1899.381) )	/ 2 )
	=	339.852	/	( (2734.222	+	3013.744)	/ 2 )
	=	339.852	/	2873.983
	=	11.83 %

Shanghai Fengyuzhu Culture Technology 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 )
	=	98.6	/	( ( (4524.759 - 1771.572)	+	(4612.722 - 1839.384) )	/ 2 )
	=	98.6	/	( ( 2753.187	+	2773.338 )	/ 2 )
	=	98.6	/	2763.2625
	=	3.57 %

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

Shanghai Fengyuzhu Culture Technology Co (SHSE:603466) 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.

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Shanghai Fengyuzhu Culture Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Shanghai Fengyuzhu Culture Technology Co Ltd (SHSE:603466) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 191, 193, Jiangchang Third Road, Jing'an District, Shanghai, CHN, 200436

Website

http://www.fengyuzhu.com.cn

Shanghai Fengyuzhu Culture Technology Co Ltd is engaged in the planning of the digital culture display experience system. Its products and services can be widely used in various venues and spaces with exhibition display needs, including Application areas based on urban public space, such as urban pavilions and park pavilions; Emerging exhibitions based on commercial and thematic spaces.

Executives

Li Hui	Director
Xin Hao Ying	Director
Zhang Shu Yu	senior management
Ha Zhang Hong	senior management
Wang Zheng Guo	senior management
Song Xiao Dong	senior management
Chen Li Wen	Directors, senior managers
Liu Jun	senior management
Li Cheng	senior management
Xue Yu Ci	Supervisors
You Dong Dong	senior management
Ru Jian Min	senior management

Shanghai Fengyuzhu Culture Technology Co Headlines

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