Nantong Jianghai Capacitor Co (SZSE:002484) ROCE % : 11.93% (As of Sep. 2024)

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What is Nantong Jianghai Capacitor 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. Nantong Jianghai Capacitor Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 11.93%.

Nantong Jianghai Capacitor Co ROCE % Historical Data

The historical data trend for Nantong Jianghai Capacitor 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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Nantong Jianghai Capacitor Co ROCE % Chart

Nantong Jianghai Capacitor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.60

11.18

11.88

15.79

15.25

Nantong Jianghai Capacitor 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															14.96	13.51	11.28	16.71	11.93

Nantong Jianghai Capacitor Co ROCE % Calculation

Nantong Jianghai Capacitor 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 )
	=	834.879	/	( ( (6608.454 - 1462.242)	+	(7263.05 - 1463.503) )	/ 2 )
	=	834.879	/	( (5146.212	+	5799.547)	/ 2 )
	=	834.879	/	5472.8795
	=	15.25 %

Nantong Jianghai Capacitor 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 )
	=	699.544	/	( ( (7281.856 - 1492.812)	+	(7388.986 - 1446.641) )	/ 2 )
	=	699.544	/	( ( 5789.044	+	5942.345 )	/ 2 )
	=	699.544	/	5865.6945
	=	11.93 %

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

Nantong Jianghai Capacitor Co (SZSE:002484) 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.

Nantong Jianghai Capacitor Co ROCE % Related Terms

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Nantong Jianghai Capacitor Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nantong Jianghai Capacitor Co Ltd (SZSE:002484) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No.79 Tongyang South Road, Pingchao Town, Nantong, Jiangsu, CHN, 226361

Website

http://www.jianghai.com

Nantong Jianghai Capacitor Co Ltd is mainly engaged in the manufacture, sales, and service of capacitors, related materials, and accessories. Its products include aluminum electrolytic capacitor, film capacitor, a super capacitor. The company's products are used in various fields, including industrial automation, power supply, consumer electronics, lifting equipment, transportation, and new energy sectors.

Executives

Lu Jun	Directors, executives
Shao Guo Zhu	Executives
Ding Ji Hua	Directors, executives
Gu Hong Zhong	Executives
Gu Yi Ming	Executives
Wang Jun	Executives
Xu Yong Hua	Executives
Wang Han Ming	Directors, executives
Xu You Long	Independent director
Song Guo Hua	Supervisors
Chen Wei Dong	Director
Shao Mei Juan	Supervisors
Chen Zhong Yi	Independent director
Cheng Zhi Ming	Independent director

Nantong Jianghai Capacitor Co Headlines

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