Beijing Dabeinong Technology Group Co (SZSE:002385) ROCE % : 16.14% (As of Sep. 2024)

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What is Beijing Dabeinong Technology 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. Beijing Dabeinong Technology Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 16.14%.

Beijing Dabeinong Technology Group Co ROCE % Historical Data

The historical data trend for Beijing Dabeinong Technology 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.

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Beijing Dabeinong Technology Group Co ROCE % Chart

Beijing Dabeinong Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.43

21.04

-2.45

4.54

-12.80

Beijing Dabeinong Technology Group 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															0.07	-34.08	-2.65	7.48	16.14

Beijing Dabeinong Technology Group Co ROCE % Calculation

Beijing Dabeinong Technology 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 )
	=	-2040.158	/	( ( (31234.202 - 13563.08)	+	(29784.363 - 15578.835) )	/ 2 )
	=	-2040.158	/	( (17671.122	+	14205.528)	/ 2 )
	=	-2040.158	/	15938.325
	=	-12.80 %

Beijing Dabeinong Technology Group 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 )
	=	2222.94	/	( ( (28742.251 - 15390.491)	+	(30004.011 - 15812.868) )	/ 2 )
	=	2222.94	/	( ( 13351.76	+	14191.143 )	/ 2 )
	=	2222.94	/	13771.4515
	=	16.14 %

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

Beijing Dabeinong Technology Group Co (SZSE:002385) 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.

Beijing Dabeinong Technology Group Co ROCE % Related Terms

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Beijing Dabeinong Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Beijing Dabeinong Technology Group Co Ltd (SZSE:002385) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19, Chengwan Street, Sujiatuo Town, Haidian District, Dabeinong Phoenix International Innovation Park, Beijing, CHN, 100194

Website

http://www.dbn.com.cn

Beijing Dabeinong Technology Group Co Ltd is a China-based company engaged in pig breeding and service industry chain management, seed industry technology and service industry chain management.

Executives

Shao Gen Huo	Director
Zhang Li Zhong	Director
Chen Zhong Heng	Directors, executives
Tan Song Lin	Supervisors
Zhou Ye Jun	Directors, executives
Feng Yu Jun	Independent director
Zhang Jie	Supervisors
Lin Sun Xiong	Executives
Xue Su Wen	Director
Wu Wen	Executives
Zhu Lin	Supervisors
Qiu Yu Wen	Director
Song Wei Ping	Executives
Wang Ping	Supervisors
Zhen Guo Zhen	Director

Beijing Dabeinong Technology Group Co Headlines

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