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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.

* Premium members only.

Shanghai Laiyifen Co ROCE % Chart

Shanghai Laiyifen Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -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.

* 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.


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.


Shanghai Laiyifen Co ROCE % Related Terms

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Shanghai Laiyifen Co Business Description

Traded in Other Exchanges
N/A
Address
No. 300, Jiufu Road, Jiuting Town, Songjiang District, Shanghai, CHN, 201615
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

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