Eurocrane (China) Co (SHSE:603966) ROCE % : 10.50% (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Eurocrane (China) 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. Eurocrane (China) Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 10.50%.

Eurocrane (China) Co ROCE % Historical Data

The historical data trend for Eurocrane (China) 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.

Eurocrane (China) Co ROCE % Chart

Eurocrane (China) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

11.64

13.63

14.07

13.92

10.81

Eurocrane (China) 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															13.04	7.93	7.59	14.11	10.50

Eurocrane (China) Co ROCE % Calculation

Eurocrane (China) 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 )
	=	217.331	/	( ( (3265.786 - 1306.509)	+	(3478.304 - 1418.365) )	/ 2 )
	=	217.331	/	( (1959.277	+	2059.939)	/ 2 )
	=	217.331	/	2009.608
	=	10.81 %

Eurocrane (China) 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 )
	=	221.464	/	( ( (3584.189 - 1486.491)	+	(3762.189 - 1642.68) )	/ 2 )
	=	221.464	/	( ( 2097.698	+	2119.509 )	/ 2 )
	=	221.464	/	2108.6035
	=	10.50 %

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

Eurocrane (China) Co (SHSE:603966) 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.

Eurocrane (China) Co ROCE % Related Terms

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

Eurocrane (China) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eurocrane (China) Co Ltd (SHSE:603966) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 288-388, Fenyue Road, Foho New & Hi-Tech Industrial Development Zone, Jiangsu Province, Wujiang, CHN, 215211

Website

http://www.eurocranegroup.com

Eurocrane (China) Co Ltd is a manufacturer and service provider of heavy machines. Its products include lifting equipment, cranes, hoists and other industrial equipment. It offers bridge, gantry, swing arm, flexible beam, special, clean room, and explosion-proof cranes; and lifting bodies, electric hoists, transmission equipment, and engineering machinery components. The company also provides installation, inspection, repair, upgrade, maintenance, and training services, as well as spare parts. Its products are used in the equipment manufacturing, transportation and logistics, paper making, energy and electricity, automobile and shipbuilding, metal processing, aerospace.

Executives

Xu Ting	Director
Peng Jia Hui	senior management
Tao Feng Hua	Director
Yuan Xiu Feng	Director
Gu Hai Qing	senior management
Jia Kai	senior management
Jin Hong Ping	Director
Shen Rong	senior management
Zhang Che	Supervisors
Jiang Hai	senior management

Eurocrane (China) Co Headlines

No Headlines