Shenzhen Grandland Group Co (SZSE:002482) ROCE % : -10.82% (As of Sep. 2024)

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What is Shenzhen Grandland 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. Shenzhen Grandland Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -10.82%.

Shenzhen Grandland Group Co ROCE % Historical Data

The historical data trend for Shenzhen Grandland 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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Shenzhen Grandland Group Co ROCE % Chart

Shenzhen Grandland Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.43

-3.96

-126.38

Shenzhen Grandland 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															-	-	-10.70	-11.30	-10.82

Shenzhen Grandland Group Co ROCE % Calculation

Shenzhen Grandland 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 )
	=	3270.228	/	( ( (10788.196 - 15203.303)	+	(2399.292 - 371.713) )	/ 2 )
	=	3270.228	/	( (-4415.107	+	2027.579)	/ 2 )
	=	3270.228	/	-1193.764
	=	-273.94 %

Shenzhen Grandland 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 )
	=	-202.796	/	( ( (2251.947 - 348.023)	+	(2318.92 - 474.901) )	/ 2 )
	=	-202.796	/	( ( 1903.924	+	1844.019 )	/ 2 )
	=	-202.796	/	1873.9715
	=	-10.82 %

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

Shenzhen Grandland Group Co (SZSE:002482) 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.

Shenzhen Grandland Group Co ROCE % Related Terms

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Shenzhen Grandland Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen Grandland Group Co Ltd (SZSE:002482) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yanhe North Road, Oriental Metropolis Tower No.1003, Luohu District, Guangdong Province, Shenzhen, CHN, 518003

Website

http://www.szgt.com

Shenzhen Grandland Group Co Ltd is mainly engaged in providing decorative services in China. It offers interior decoration services to venue, office building, residence, rail transit, commercial complex, star hotel projects, as well as undertakes intelligent electromechanical, curtain wall, and landscape projects.

Executives

Liu Ping Chun	Independent director
Ye Yuan Dong	Directors, executives
Zhang Zhi Wen	Executives
Zhou Qing	Supervisors
Li Li	Executives
Wang Yang	Directors, executives
Tian Yan Ping	Executives
Wang Hong Kun	Executives
Ceng Rong	Executives
Fan Zhi Quan	Director
Ye Jia Xu	Director

Shenzhen Grandland Group Co Headlines

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