Shenzhen Cheng Chung Design Co (SZSE:002811) ROCE % : 16.27% (As of Sep. 2024)

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What is Shenzhen Cheng Chung Design 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. Shenzhen Cheng Chung Design Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 16.27%.

Shenzhen Cheng Chung Design Co ROCE % Historical Data

The historical data trend for Shenzhen Cheng Chung Design 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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Shenzhen Cheng Chung Design Co ROCE % Chart

Shenzhen Cheng Chung Design Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.32

3.70

2.80

-8.62

-0.31

Shenzhen Cheng Chung Design 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															5.02	-13.97	14.56	10.86	16.27

Shenzhen Cheng Chung Design Co ROCE % Calculation

Shenzhen Cheng Chung Design 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 )
	=	-5.289	/	( ( (2648.298 - 938.74)	+	(2600.212 - 931.25) )	/ 2 )
	=	-5.289	/	( (1709.558	+	1668.962)	/ 2 )
	=	-5.289	/	1689.26
	=	-0.31 %

Shenzhen Cheng Chung Design 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 )
	=	190.548	/	( ( (2486.228 - 1300.798)	+	(2489.785 - 1332.215) )	/ 2 )
	=	190.548	/	( ( 1185.43	+	1157.57 )	/ 2 )
	=	190.548	/	1171.5
	=	16.27 %

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

Shenzhen Cheng Chung Design Co (SZSE:002811) 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.

Shenzhen Cheng Chung Design Co ROCE % Related Terms

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Shenzhen Cheng Chung Design Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen Cheng Chung Design Co Ltd (SZSE:002811) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

4068 Yitian Road, 4B01-4B02, Excellence Times Square, Futian District, Shenzhen, CHN, 518048

Website

http://www.atgcn.com

Shenzhen Cheng Chung Design Co Ltd, formerly Shenzhen Asiantime International Construction Co Ltd is mainly engaged in the provision of construction consultancy services to international top hotels. It specialized in interior and exterior decoration, space planning, and environmental art providing overall solutions from concept, planning, design to construction of high-end hotels, city landmark buildings, multi-function mansions and office buildings for property owners.

Executives

Song Wei Dong	Supervisors
Zheng Zhong	Directors, executives
Lin Lin	Executives
Tang Xu	Executives
Liang Song Yong	Executives
Liu Chun Dong	Executives

Shenzhen Cheng Chung Design Co Headlines

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