Shandong Link Science And Technology Co (SZSE:001207) ROCE % : 17.36% (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Shandong Link Science And Technology 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. Shandong Link Science And Technology Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 17.36%.

Shandong Link Science And Technology Co ROCE % Historical Data

The historical data trend for Shandong Link Science And Technology 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.

Shandong Link Science And Technology Co ROCE % Chart

Shandong Link Science And Technology Co Annual Data

Trend

Dec12

Dec13

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

26.03

19.49

8.89

12.25

17.06

Shandong Link Science And Technology Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															14.40	14.44	17.99	19.21	17.36

Shandong Link Science And Technology Co ROCE % Calculation

Shandong Link Science And Technology Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	313.857	/	( ( (2353.627 - 579.502)	+	(2769.881 - 864.552) )	/ 2 )
	=	313.857	/	( (1774.125	+	1905.329)	/ 2 )
	=	313.857	/	1839.727
	=	17.06 %

Shandong Link Science And Technology Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	326.324	/	( ( (2644.649 - 789.871)	+	(2769.881 - 864.552) )	/ 2 )
	=	326.324	/	( ( 1854.778	+	1905.329 )	/ 2 )
	=	326.324	/	1880.0535
	=	17.36 %

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

Shandong Link Science And Technology Co (SZSE:001207) 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.

Shandong Link Science And Technology Co ROCE % Related Terms

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

Shandong Link Science And Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Link Science And Technology Co Ltd (SZSE:001207) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 577, Luxing Road, Shandong Province, Qingzhou, CHN, 262500

Website

http://www.sdlkgroup.com

Shandong Link Science And Technology Co Ltd is engaged in the research and development, production and sales of silica and carbon black. The silica products mainly include LK, LKHD and LKSIL series of silica for rubber industry and silica for non-rubber industry. The Carbon black products mainly include N100, N200, N300, N400, N500, N600, N700 series and LK series rubber carbon blacks and specialty carbon blacks. The company's two series of products are mainly used in tires and industrial rubber products, cable shielding materials, color masterbatch, feed and daily chemical industries.

Executives

Chen You Gen

Director

Shandong Link Science And Technology Co Headlines

No Headlines