Hunan Resun Co (SZSE:001218) ROCE % : 0.96% (As of Sep. 2024)

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What is Hunan Resun 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. Hunan Resun Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.96%.

Hunan Resun Co ROCE % Historical Data

The historical data trend for Hunan Resun 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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Hunan Resun Co ROCE % Chart

Hunan Resun Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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24.17

29.34

13.13

5.84

6.47

Hunan Resun 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															2.43	9.90	4.99	4.89	0.96

Hunan Resun Co ROCE % Calculation

Hunan Resun 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 )
	=	141.267	/	( ( (2680.902 - 534.539)	+	(2712.89 - 493.259) )	/ 2 )
	=	141.267	/	( (2146.363	+	2219.631)	/ 2 )
	=	141.267	/	2182.997
	=	6.47 %

Hunan Resun 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 )
	=	21.348	/	( ( (2675.335 - 463.8)	+	(2718.351 - 468.137) )	/ 2 )
	=	21.348	/	( ( 2211.535	+	2250.214 )	/ 2 )
	=	21.348	/	2230.8745
	=	0.96 %

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

Hunan Resun Co (SZSE:001218) 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.

Hunan Resun Co ROCE % Related Terms

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Hunan Resun Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hunan Resun Co Ltd (SZSE:001218) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 399, Shetang Road, Quantang Street, Changsha Economic and Technological Development Zone, Hunan Province, Changsha, CHN, 410100

Website

http://www.hnlcwang.com

Hunan Resun Co Ltd is engaged in the research and development, production, and sales of surfactants and detergents. The surfactant products produced and sold by the company include AES, LAS, K12, ammonium salts, AOS, alkanolamides, amino acids, and other series; and the detergent products include washing powder, liquid detergent, hotel detergents, etc. The detergent products include two models: own-brand production and operation and OEM. The own brands include Matou, Guanghui, Beihua, etc., and the brands involved in the OEM model include Tide, White Cat, and others. Maximum revenue for the company is generated from its surfactants business.

Executives

Zhang Li Xiang

Supervisors

Hunan Resun Co Headlines

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