Shanghai Bairun Investment Holding Group Co (SZSE:002568) ROCE % : 17.88% (As of Sep. 2024)

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What is Shanghai Bairun Investment Holding 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. Shanghai Bairun Investment Holding Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 17.88%.

Shanghai Bairun Investment Holding Group Co ROCE % Historical Data

The historical data trend for Shanghai Bairun Investment Holding 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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Shanghai Bairun Investment Holding Group Co ROCE % Chart

Shanghai Bairun Investment Holding Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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18.85

25.52

21.30

14.56

22.05

Shanghai Bairun Investment Holding 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															24.19	16.19	17.09	23.25	17.88

Shanghai Bairun Investment Holding Group Co ROCE % Calculation

Shanghai Bairun Investment Holding 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 )
	=	1089.691	/	( ( (6458.206 - 1685.321)	+	(7111.216 - 1998.888) )	/ 2 )
	=	1089.691	/	( (4772.885	+	5112.328)	/ 2 )
	=	1089.691	/	4942.6065
	=	22.05 %

Shanghai Bairun Investment Holding 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 )
	=	1030.36	/	( ( (7555.289 - 1888.676)	+	(7939.885 - 2079.294) )	/ 2 )
	=	1030.36	/	( ( 5666.613	+	5860.591 )	/ 2 )
	=	1030.36	/	5763.602
	=	17.88 %

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

Shanghai Bairun Investment Holding Group Co (SZSE:002568) 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.

Shanghai Bairun Investment Holding Group Co ROCE % Related Terms

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Shanghai Bairun Investment Holding Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Shanghai Bairun Investment Holding Group Co Ltd (SZSE:002568) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 558, Kangqiao East Road, Kangqiao Industrial Zone, Shanghai, CHN, 201319

Website

https://www.bairun.net

Shanghai Bairun Investment Holding Group Co Ltd is mainly engaged in the research and development, production, and sales of pre-mixed cocktails, flavors, and fragrances. The company's business is classified by channel, which includes Offline channels, Digital retail channels, and Ready-to-drink channels. The company generates revenue from the sale of Pre-mixed cocktails (with sparkling water etc.), and Food flavors. The company generates the majority of its revenue from Pre-mixed cocktails. The sales channels of the company's pre-mixed cocktail products include online direct sales channels.

Executives

Gao Yuan	Director
Cao Lei	Supervisors
Zhang Qi Zhong	Directors, executives
Lin Li Ying	Directors, executives
Ma Liang	Executives
Liu Xiao Dong	Directors, executives
Zhou Yong Sheng	Executives
Xie Lin	Supervisors

Shanghai Bairun Investment Holding Group Co Headlines

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