Hunan Silver Co (SZSE:002716) ROCE % : 5.13% (As of Sep. 2024)

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What is Hunan Silver 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. Hunan Silver Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 5.13%.

Hunan Silver Co ROCE % Historical Data

The historical data trend for Hunan Silver 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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Hunan Silver Co ROCE % Chart

Hunan Silver Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-125.45

49.62

2.42

-2.90

-2.49

Hunan Silver 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															2.27	-19.28	-2.28	12.79	5.13

Hunan Silver Co ROCE % Calculation

Hunan Silver 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 )
	=	-62.267	/	( ( (4112.349 - 1301.684)	+	(4186.8 - 1998.551) )	/ 2 )
	=	-62.267	/	( (2810.665	+	2188.249)	/ 2 )
	=	-62.267	/	2499.457
	=	-2.49 %

Hunan Silver 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 )
	=	213.684	/	( ( (5856.619 - 1717.619)	+	(6107.328 - 1912.589) )	/ 2 )
	=	213.684	/	( ( 4139	+	4194.739 )	/ 2 )
	=	213.684	/	4166.8695
	=	5.13 %

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

Hunan Silver Co (SZSE:002716) 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.

Hunan Silver Co ROCE % Related Terms

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Hunan Silver Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hunan Silver Co Ltd (SZSE:002716) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No.1, Fucheng Avenue, Bailutang Town, Hunan Province, Suxian District, Chenzhou, CHN, 423038

Website

http://www.jingui-silver.com

Hunan Silver Co Ltd is mainly focuses on silver smelting and deep processing, supporting lead smelting, and comprehensive recovery of gold, bismuth, antimony, zinc, copper, indium and other valuable metals.

Executives

Liu Cheng Meng	Directors, executives
Meng Jian Yi	Executives
Cao Yong De	Directors, executives
Zhang Ping Xi	Directors, executives
Zhang Xiao Hui	Supervisors
Xu Jun	Director
Feng Yuan Fa	Supervisors
Ma Shui Rong	Supervisors
Xiong De Qiang	Executives
Chen Zhan Qi	Directors, executives
Cao Yong Gui	Director
Xie Zhao Feng	Executives
Tan Wen Qing	Independent director

Hunan Silver Co Headlines

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