SWS Hemodialysis Care Co (SHSE:688410) ROCE % : 4.18% (As of Jun. 2024)

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What is SWS Hemodialysis Care 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. SWS Hemodialysis Care Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 4.18%.

SWS Hemodialysis Care Co ROCE % Historical Data

The historical data trend for SWS Hemodialysis Care 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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SWS Hemodialysis Care Co ROCE % Chart

SWS Hemodialysis Care Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-14.50

7.01

4.97

6.11

12.92

SWS Hemodialysis Care Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial												15.81	12.44	2.56	5.75	4.18

SWS Hemodialysis Care Co ROCE % Calculation

SWS Hemodialysis Care 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 )
	=	220.114	/	( ( (1925.723 - 316.302)	+	(1935.769 - 136.841) )	/ 2 )
	=	220.114	/	( (1609.421	+	1798.928)	/ 2 )
	=	220.114	/	1704.1745
	=	12.92 %

SWS Hemodialysis Care Co's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	74.984	/	( ( (1903.307 - 94.908)	+	(1948.109 - 167.213) )	/ 2 )
	=	74.984	/	( ( 1808.399	+	1780.896 )	/ 2 )
	=	74.984	/	1794.6475
	=	4.18 %

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

SWS Hemodialysis Care Co (SHSE:688410) 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.

SWS Hemodialysis Care Co ROCE % Related Terms

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SWS Hemodialysis Care Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » SWS Hemodialysis Care Co Ltd (SHSE:688410) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Ciji Road, Liangjiang New District, Chongqing, CHN, 401123

Website

http://www.swskj.com

SWS Hemodialysis Care Co Ltd is engaged in the research and development, production and sales of blood purification equipment and consumables.

Executives

Gao Guang Yong

Directors, senior managers, core technical personn

SWS Hemodialysis Care Co Headlines

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