Fujiannmu Group Co (SZSE:000632) ROCE % : -4.71% (As of Sep. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Fujiannmu Group 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. Fujiannmu Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -4.71%.

Fujiannmu Group Co ROCE % Historical Data

The historical data trend for Fujiannmu Group 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.

Fujiannmu Group Co ROCE % Chart

Fujiannmu Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.31

9.96

6.51

6.39

-3.14

Fujiannmu Group 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															5.48	-31.50	10.34	5.32	-4.71

Fujiannmu Group Co ROCE % Calculation

Fujiannmu Group 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 )
	=	-116.446	/	( ( (9764.803 - 6354.717)	+	(9876.336 - 5865.301) )	/ 2 )
	=	-116.446	/	( (3410.086	+	4011.035)	/ 2 )
	=	-116.446	/	3710.5605
	=	-3.14 %

Fujiannmu Group 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 )
	=	-188.224	/	( ( (9476.041 - 5392.986)	+	(9224.224 - 5310.178) )	/ 2 )
	=	-188.224	/	( ( 4083.055	+	3914.046 )	/ 2 )
	=	-188.224	/	3998.5505
	=	-4.71 %

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

Fujiannmu Group Co (SZSE:000632) 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.

Fujiannmu Group Co ROCE % Related Terms

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

Fujiannmu Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fujian Sanmu Group Co Ltd (SZSE:000632) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 162, Junzhu Road, Development Zone, Fujian Province, Fuzhou, CHN, 350009

Website

http://www.san-mu.com

Fujian Sanmu Group Co Ltd is engaged in real estate development, operating property, operation management, and import and export trade.

Executives

Lu Shao Hui	Independent director
Gao Xu Bin	Directors, executives
Xie Ming Feng	Executives
Zhao Zheng	Supervisors
Chen Ming Sen	Independent director
Wang Han	Secretary Dong
Zheng Hui Chuan	Executives
Cai Qin Ming	Directors, executives
Liu Feng	Executives
Lan Juan	Director
Lin Hong	Director
Zheng Xing Guang	Directors, executives
Li Jian Na	Supervisors
Zhang Hong Jian	Supervisors

Fujiannmu Group Co Headlines

No Headlines