Suzhou Gold Mantis Construction Decoration Co (SZSE:002081) ROCE % : 7.35% (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Suzhou Gold Mantis Construction Decoration 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. Suzhou Gold Mantis Construction Decoration Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.35%.

Suzhou Gold Mantis Construction Decoration Co ROCE % Historical Data

The historical data trend for Suzhou Gold Mantis Construction Decoration 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.

Suzhou Gold Mantis Construction Decoration Co ROCE % Chart

Suzhou Gold Mantis Construction Decoration Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

18.84

16.61

-34.10

11.36

9.00

Suzhou Gold Mantis Construction Decoration Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															10.13	10.86	8.06	7.02	7.35

Suzhou Gold Mantis Construction Decoration Co ROCE % Calculation

Suzhou Gold Mantis Construction Decoration 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 )
	=	1262.071	/	( ( (37062.305 - 23396.898)	+	(37081.776 - 22705.922) )	/ 2 )
	=	1262.071	/	( (13665.407	+	14375.854)	/ 2 )
	=	1262.071	/	14020.6305
	=	9.00 %

Suzhou Gold Mantis Construction Decoration 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 )
	=	1064.76	/	( ( (37081.776 - 22705.922)	+	(34055.975 - 19471.591) )	/ 2 )
	=	1064.76	/	( ( 14375.854	+	14584.384 )	/ 2 )
	=	1064.76	/	14480.119
	=	7.35 %

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

Suzhou Gold Mantis Construction Decoration Co (SZSE:002081) 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.

Suzhou Gold Mantis Construction Decoration Co ROCE % Related Terms

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

Suzhou Gold Mantis Construction Decoration Co (SZSE:002081) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Suzhou Gold Mantis Construction Decoration Co Ltd (SZSE:002081) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 888 West Ring Road, Suzhou, CHN, 215004

Website

http://www.goldmantis.com

Suzhou Gold Mantis Construction Decoration Co Ltd is a China-based company engages in the interior decoration industry. Its principal activities include curtain wall, furniture, landscape, artwork, and mechanical and electrical equipment installation, in China. The company's operating segment includes Construction decoration; Manufacturing and others. It generates maximum revenue from the Construction decoration segment.

Executives

Zhu Xing Quan	Directors, executives
Wang Hong	Executives
Cao Li Ming	Directors, executives
Yang Peng	Director
Ni Lin	Director
Yang Zhen	Director
Yan Duo Lin	Directors, executives
Luo Cheng Yun	Executives
Dong Sheng	Executives
Zhang Jun	Supervisors
Yan Yong Fa	Supervisors
Bai Ji Zhong	Executives
Wang An Li	Director
Jiang Ying	Supervisors
Mao Guo Ping	Executives

Suzhou Gold Mantis Construction Decoration Co (SZSE:002081) Headlines

No Headlines