GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » De Rucci Healthy Sleep Co Ltd (SZSE:001323) » Definitions » ROCE %

De Rucci Healthy Sleep Co (SZSE:001323) ROCE % : 14.52% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is De Rucci Healthy Sleep 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. De Rucci Healthy Sleep Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 14.52%.


De Rucci Healthy Sleep Co ROCE % Historical Data

The historical data trend for De Rucci Healthy Sleep 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.

De Rucci Healthy Sleep Co ROCE % Chart

De Rucci Healthy Sleep Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 46.27 41.89 34.20 22.72 20.82

De Rucci Healthy Sleep Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.09 27.90 15.90 29.67 14.52

De Rucci Healthy Sleep Co ROCE % Calculation

De Rucci Healthy Sleep 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 )
=968.102/( ( (5836.191 - 1319.123) + (7151.794 - 2370.305) )/ 2 )
=968.102/( (4517.068+4781.489)/ 2 )
=968.102/4649.2785
=20.82 %

De Rucci Healthy Sleep 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 )
=698.712/( ( (7151.794 - 2370.305) + (7085.073 - 2240.615) )/ 2 )
=698.712/( ( 4781.489 + 4844.458 )/ 2 )
=698.712/4812.9735
=14.52 %

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

* 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.


De Rucci Healthy Sleep Co  (SZSE:001323) 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.


De Rucci Healthy Sleep Co ROCE % Related Terms

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


De Rucci Healthy Sleep Co (SZSE:001323) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Houjie Science and Technology Avenue, Houjie Town, Guangdong Province, Dongguan, CHN, 523900
De Rucci Healthy Sleep Co Ltd specializes in the research and development, production and sales of a complete set of healthy sleep systems.
Executives
Deng Yong Hui Executives

De Rucci Healthy Sleep Co (SZSE:001323) Headlines

No Headlines