Jiangsu Jingyuan Environmental Protection Co (SHSE:688096) ROCE % : 0.81% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Jiangsu Jingyuan Environmental Protection 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. Jiangsu Jingyuan Environmental Protection Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.81%.

Jiangsu Jingyuan Environmental Protection Co ROCE % Historical Data

The historical data trend for Jiangsu Jingyuan Environmental Protection 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.

Jiangsu Jingyuan Environmental Protection Co ROCE % Chart

Jiangsu Jingyuan Environmental Protection Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

21.93

13.11

9.00

7.13

-0.48

Jiangsu Jingyuan Environmental Protection 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															3.68	3.16	3.29	-11.79	0.81

Jiangsu Jingyuan Environmental Protection Co ROCE % Calculation

Jiangsu Jingyuan Environmental Protection 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 )
	=	-6.094	/	( ( (1715.424 - 491.461)	+	(1897.36 - 603.943) )	/ 2 )
	=	-6.094	/	( (1223.963	+	1293.417)	/ 2 )
	=	-6.094	/	1258.69
	=	-0.48 %

Jiangsu Jingyuan Environmental Protection 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 )
	=	10.34	/	( ( (1897.36 - 603.943)	+	(1849.12 - 574.013) )	/ 2 )
	=	10.34	/	( ( 1293.417	+	1275.107 )	/ 2 )
	=	10.34	/	1284.262
	=	0.81 %

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

Jiangsu Jingyuan Environmental Protection Co (SHSE:688096) 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.

Jiangsu Jingyuan Environmental Protection Co ROCE % Related Terms

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

Jiangsu Jingyuan Environmental Protection Co (SHSE:688096) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Jiangsu Jingyuan Environmental Protection Co Ltd (SHSE:688096) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Chongchuan Road, 1st Floor, Building 9, Jiangsu Province, Nantong, CHN, 226000

Website

http://www.jsjyep.com

Jiangsu Jingyuan Environmental Protection Co Ltd is engaged in provision of industrial water treatment. The company relies on self-developed core technologies such as industrial wastewater electronic flocculation treatment technology, high-efficiency wastewater zero discharge technology, and high-efficiency wastewater electrocatalytic oxidation technology. It provides large-scale enterprise customers with consulting, integration and sales, and engineering contracting, research and design of industrial water treatment equipment.

Executives

Ji Meng	Directors, senior managers
Ji Xian Hua	Directors, senior managers, core technical personn
Su Hai Juan	Directors, senior managers

Jiangsu Jingyuan Environmental Protection Co (SHSE:688096) Headlines

No Headlines