Jinfa Labi Maternity & Baby Articles Co (SZSE:002762) ROCE % : -3.28% (As of Sep. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Jinfa Labi Maternity & Baby Articles 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. Jinfa Labi Maternity & Baby Articles Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -3.28%.

Jinfa Labi Maternity & Baby Articles Co ROCE % Historical Data

The historical data trend for Jinfa Labi Maternity & Baby Articles 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.

Jinfa Labi Maternity & Baby Articles Co ROCE % Chart

Jinfa Labi Maternity & Baby Articles Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.28

3.71

0.83

-9.61

-2.39

Jinfa Labi Maternity & Baby Articles 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															-1.63	-11.85	0.30	-1.87	-3.28

Jinfa Labi Maternity & Baby Articles Co ROCE % Calculation

Jinfa Labi Maternity & Baby Articles 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 )
	=	-20.469	/	( ( (943.415 - 65.425)	+	(891.792 - 54.988) )	/ 2 )
	=	-20.469	/	( (877.99	+	836.804)	/ 2 )
	=	-20.469	/	857.397
	=	-2.39 %

Jinfa Labi Maternity & Baby Articles 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 )
	=	-26.736	/	( ( (870.559 - 52.468)	+	(862.498 - 52.084) )	/ 2 )
	=	-26.736	/	( ( 818.091	+	810.414 )	/ 2 )
	=	-26.736	/	814.2525
	=	-3.28 %

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

Jinfa Labi Maternity & Baby Articles Co (SZSE:002762) 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.

Jinfa Labi Maternity & Baby Articles Co ROCE % Related Terms

Thank you for viewing the detailed overview of Jinfa Labi Maternity & Baby Articles Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Jinfa Labi Maternity & Baby Articles Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jinfa Labi Maternity & Baby Articles Co Ltd (SZSE:002762) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 107, Jinan Road, Zhangpu Town , Jinping District, Guangdong Province, Shantou, CHN, 515061

Website

http://www.stjinfa.com

Jinfa Labi Maternity & Baby Articles Co Ltd produces infant cotton clothing. It is specialized in maternal and child consumer goods like baby and children's clothing, baby cotton products and various maternal and child products.

Executives

Lin Hao Liang	Director
Lin Ruo Wen	Director
Sun Yu	Executives
Ceng Wei	Executives
Xie Jun Yuan	Independent director
Wang Guo Hai	Supervisors
Tang Dian Qin	Director
Lin Jin Song	Executives
Chen Xun	Directors, executives
Bei Xu	Directors, executives
Feng Yu Sheng	Independent director
Li Shi Kai	Supervisors

Jinfa Labi Maternity & Baby Articles Co Headlines

No Headlines