Shanghai Laiyifen Co (SHSE:603777) ROCE % : -10.76% (As of Sep. 2024)

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What is Shanghai Laiyifen 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 Laiyifen Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -10.76%.

Shanghai Laiyifen Co ROCE % Historical Data

The historical data trend for Shanghai Laiyifen 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 Laiyifen Co ROCE % Chart

Shanghai Laiyifen Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.71

-3.00

3.89

6.89

4.22

Shanghai Laiyifen 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															-7.51	8.49	13.33	-8.02	-10.76

Shanghai Laiyifen Co ROCE % Calculation

Shanghai Laiyifen 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 )
	=	85.95	/	( ( (3688.669 - 1675.694)	+	(3375.087 - 1310.538) )	/ 2 )
	=	85.95	/	( (2012.975	+	2064.549)	/ 2 )
	=	85.95	/	2038.762
	=	4.22 %

Shanghai Laiyifen 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 )
	=	-219.54	/	( ( (3123.675 - 1057.529)	+	(3156.079 - 1140.742) )	/ 2 )
	=	-219.54	/	( ( 2066.146	+	2015.337 )	/ 2 )
	=	-219.54	/	2040.7415
	=	-10.76 %

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

Shanghai Laiyifen Co (SHSE:603777) 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 Laiyifen Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Shanghai Laiyifen Co Ltd (SHSE:603777) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 300, Jiufu Road, Jiuting Town, Songjiang District, Shanghai, CHN, 201615

Website

http://www.laiyifen.com

Shanghai Laiyifen Co Ltd is an omnichannel operator of its own branded snack foods. The company's core brand is Lai Yifen. Its products cover nuts, meat products, dried fruit, pastries, vegetables, soy products and 9 categories of snack foods such as aquatic products, chocolate candies/jelly and puffed.

Executives

Jiang Zhen Duo	Supervisors
Zhang Li Hua	Supervisors
Zhou Chen Jun	senior management
Zhi Rui Qi	senior management
Zhang Qin	Director
Dai Yi	Director
Xu Sai Hua	Directors, senior managers
Wang Fang	senior management
Yu Rui Fen	Director
Zhang Pan Hong	Director

Shanghai Laiyifen Co Headlines

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