GDH Supertime Group Co (SZSE:001338) ROCE % : 10.02% (As of Mar. 2024)

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

What is GDH Supertime 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. GDH Supertime Group Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.02%.

GDH Supertime Group Co ROCE % Historical Data

The historical data trend for GDH Supertime 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.

GDH Supertime Group Co ROCE % Chart

GDH Supertime Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

8.05

6.66

6.96

6.37

5.38

GDH Supertime Group Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial										5.60	2.45	12.47	1.19	10.02

GDH Supertime Group Co ROCE % Calculation

GDH Supertime 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 )
	=	178.393	/	( ( (4416.994 - 1154.543)	+	(4517.207 - 1143.359) )	/ 2 )
	=	178.393	/	( (3262.451	+	3373.848)	/ 2 )
	=	178.393	/	3318.1495
	=	5.38 %

GDH Supertime Group 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 )
	=	342.712	/	( ( (4517.207 - 1143.359)	+	(4521.328 - 1056.481) )	/ 2 )
	=	342.712	/	( ( 3373.848	+	3464.847 )	/ 2 )
	=	342.712	/	3419.3475
	=	10.02 %

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

GDH Supertime Group Co (SZSE:001338) 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.

GDH Supertime Group Co ROCE % Related Terms

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

GDH Supertime Group Co (SZSE:001338) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » GDH Supertime Group Co Ltd (SZSE:001338) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Mingzhu Road, Room 310, Room 309, Comprehensive Building, Huangpu District, Guangdong Province, Guangzhou, CHN, 510700

Website

http://www.supertime-malting.com

GDH Supertime Group Co Ltd is engaged in the research and development, production and sales of malt.

GDH Supertime Group Co (SZSE:001338) Headlines

No Headlines