Jiangsu Huifeng Bio Agriculture Co (SZSE:002496) ROCE % : -22.99% (As of Sep. 2024)

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What is Jiangsu Huifeng Bio Agriculture 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. Jiangsu Huifeng Bio Agriculture Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -22.99%.

Jiangsu Huifeng Bio Agriculture Co ROCE % Historical Data

The historical data trend for Jiangsu Huifeng Bio Agriculture 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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Jiangsu Huifeng Bio Agriculture Co ROCE % Chart

Jiangsu Huifeng Bio Agriculture Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-11.66

-10.88

10.29

-13.99

-22.17

Jiangsu Huifeng Bio Agriculture 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															-3.63	-77.78	-1.79	11.61	-22.99

Jiangsu Huifeng Bio Agriculture Co ROCE % Calculation

Jiangsu Huifeng Bio Agriculture 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 )
	=	-438.688	/	( ( (3268.938 - 1060.631)	+	(2749.455 - 1001.079) )	/ 2 )
	=	-438.688	/	( (2208.307	+	1748.376)	/ 2 )
	=	-438.688	/	1978.3415
	=	-22.17 %

Jiangsu Huifeng Bio Agriculture 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 )
	=	-398.572	/	( ( (2644.38 - 849.839)	+	(2578.639 - 906.382) )	/ 2 )
	=	-398.572	/	( ( 1794.541	+	1672.257 )	/ 2 )
	=	-398.572	/	1733.399
	=	-22.99 %

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

Jiangsu Huifeng Bio Agriculture Co (SZSE:002496) 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.

Jiangsu Huifeng Bio Agriculture Co ROCE % Related Terms

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Jiangsu Huifeng Bio Agriculture Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Jiangsu Huifeng Bio Agriculture Co (SZSE:002496) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

South of Wanggang Gate, Jiangsu Province, South of Wanggang Gate, Yancheng, CHN, 224100

Website

https://www.hfagro.com

Jiangsu Huifeng Bio Agriculture Co is a fixed pesticide manufacturing enterprise in China. The company's main products includes fungicides, pesticides, herbicides, crop regulators, fine chemicals and chemical intermediates, among others.

Executives

Zhong Han Gen	Director
Wei Guang Quan	Directors, executives
Wang Bin Bin	Supervisors
Bian Hong Qun	Securities Affairs Representative
Chen Xiao Dong	Directors, executives
Li Ping	Director
Yang Jin Hua	Executives
Chen Jian	Executives
Zhang Jian Guo	Director
Ji Zi Hua	Directors, executives
Xi Sheng Hu	Executives
Bian Xiang	Supervisors
Jiang Zheng Xia	Director
Sun Yong Liang	Directors, executives
Jin Wen Ge	Executives

Jiangsu Huifeng Bio Agriculture Co Headlines

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