Brother Enterprises Holding Co (SZSE:002562) ROCE % : 3.56% (As of Sep. 2024)

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What is Brother Enterprises Holding 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. Brother Enterprises Holding Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 3.56%.

Brother Enterprises Holding Co ROCE % Historical Data

The historical data trend for Brother Enterprises Holding 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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Brother Enterprises Holding Co ROCE % Chart

Brother Enterprises Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.67

2.53

1.62

10.75

-2.23

Brother Enterprises Holding 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	-16.51	-0.22	6.02	3.56

Brother Enterprises Holding Co ROCE % Calculation

Brother Enterprises Holding 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 )
	=	-81.67	/	( ( (5699.199 - 1690.392)	+	(5886.857 - 2568.582) )	/ 2 )
	=	-81.67	/	( (4008.807	+	3318.275)	/ 2 )
	=	-81.67	/	3663.541
	=	-2.23 %

Brother Enterprises Holding 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 )
	=	123.688	/	( ( (5974.325 - 2519.415)	+	(5953.928 - 2460.611) )	/ 2 )
	=	123.688	/	( ( 3454.91	+	3493.317 )	/ 2 )
	=	123.688	/	3474.1135
	=	3.56 %

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

Brother Enterprises Holding Co (SZSE:002562) 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.

Brother Enterprises Holding Co ROCE % Related Terms

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Brother Enterprises Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Brother Enterprises Holding Co Ltd (SZSE:002562) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Caijiashiqiao, Lianmin Village, Zhejiang Province, Zhouwangmiao Town, Haining, CHN, 314407

Website

http://www.brother.com.cn

Brother Enterprises Holding Co Ltd is engaged in the research and development, production, and sale of leather chemicals, fine chemicals, and vitamins. Its leather chemicals include tanning agents, fat liquors, additives, leather auxiliaries, and other products. The company also provides fine chemicals, such as alpha-acetyl-gamma-butyrolactone, methyl formate and beta-aminopropionic acid among others.

Executives

Zhang Yong Hui	Executives
Li Jian Ping	Directors, executives
Gu Ju Ying	Independent director
Qian Zhi Ming	Director
Qian Zhi Da	Directors, executives
Shen Fei	Supervisors
Zhou Zhong Ping	Director
Luo Chen	Supervisors
Tang Yue Qiang	Executives
Qian Xiao Feng	Directors, executives
Xia De Bing	Supervisors
Liu Xiang Yang	Director

Brother Enterprises Holding Co Headlines

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