LingNan Eco & Culture-Tourism Co (SZSE:002717) ROCE % : -4.01% (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is LingNan Eco & Culture-Tourism 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. LingNan Eco & Culture-Tourism Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -4.01%.

LingNan Eco & Culture-Tourism Co ROCE % Historical Data

The historical data trend for LingNan Eco & Culture-Tourism 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.

* Premium members only.

LingNan Eco & Culture-Tourism Co ROCE % Chart

LingNan Eco & Culture-Tourism Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

11.33

-3.24

4.16

-23.38

-18.60

LingNan Eco & Culture-Tourism Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															0.30	-0.44	-4.45	-84.03	-4.01

LingNan Eco & Culture-Tourism Co ROCE % Calculation

LingNan Eco & Culture-Tourism 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 )
	=	-810.861	/	( ( (17217.672 - 11739.968)	+	(15841.592 - 12599.439) )	/ 2 )
	=	-810.861	/	( (5477.704	+	3242.153)	/ 2 )
	=	-810.861	/	4359.9285
	=	-18.60 %

LingNan Eco & Culture-Tourism Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-123.768	/	( ( (15841.592 - 12599.439)	+	(15107.697 - 12178.548) )	/ 2 )
	=	-123.768	/	( ( 3242.153	+	2929.149 )	/ 2 )
	=	-123.768	/	3085.651
	=	-4.01 %

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

LingNan Eco & Culture-Tourism Co (SZSE:002717) 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.

LingNan Eco & Culture-Tourism Co ROCE % Related Terms

Thank you for viewing the detailed overview of LingNan Eco & Culture-Tourism Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

LingNan Eco & Culture-Tourism Co (SZSE:002717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » LingNan Eco & Culture-Tourism Co Ltd (SZSE:002717) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No 3, Dongyuan Road, Dongcheng District, Guangdong Province, Dongguan, CHN, 523125

Website

http://www.lnlandscape.com

LingNan Eco & Culture-Tourism Co Ltd, formerly LingNan Landscape Co Ltd is engaged in the business of landscape planning and design, landscape construction, green conservation, nursery stock sales, among others.

Executives

Liu Yong	Executives
Qin Guo Quan	Directors, executives
Yin Hong Wei	Director
Zhang Ping	Directors, Directors, and Executives
Huang Jin Jie	Executives
Liu Yu Ping	Executives
Yan Guan Yu	Director
Li Yan Mei	Securities Affairs Representative
Wang Yu Biao	Directors, executives
Zhu Xin Ning	Director
Du Li Yan	Executives
Zhang You Ming	Executives
Qiu Tian	Secretary, Director
Chen Gang	Director
Feng Xue Gao	Directors, executives

LingNan Eco & Culture-Tourism Co (SZSE:002717) Headlines

No Headlines