Yankershop Food Co (SZSE:002847) ROCE % : 49.90% (As of Sep. 2024)

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What is Yankershop Food 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. Yankershop Food Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 49.90%.

Yankershop Food Co ROCE % Historical Data

The historical data trend for Yankershop Food 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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Yankershop Food Co ROCE % Chart

Yankershop Food Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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21.11

31.24

20.03

31.25

42.30

Yankershop Food 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															47.64	36.43	46.72	43.38	49.90

Yankershop Food Co ROCE % Calculation

Yankershop Food 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 )
	=	593.538	/	( ( (2454.747 - 1142.272)	+	(2869.971 - 1376.222) )	/ 2 )
	=	593.538	/	( (1312.475	+	1493.749)	/ 2 )
	=	593.538	/	1403.112
	=	42.30 %

Yankershop Food 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 )
	=	839.944	/	( ( (2805.938 - 1168.488)	+	(3081.775 - 1352.947) )	/ 2 )
	=	839.944	/	( ( 1637.45	+	1728.828 )	/ 2 )
	=	839.944	/	1683.139
	=	49.90 %

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

Yankershop Food Co (SZSE:002847) 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.

Yankershop Food Co ROCE % Related Terms

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Yankershop Food Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yankershop Food Co Ltd (SZSE:002847) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Liuyang Biomedical Industrial Park, Hunan Province, Liuyang, CHN

Website

http://www.yanjinpuzi.com

Yankershop Food Co Ltd is a Chinese company engaged in research, production, processing and selling of food products. Its product portfolio includes preserved fruits, bean products, nut roasted seeds, meat products, fish products, vegetarian products, pastry products, and full mouth roasted seeds and nuts, among others.

Executives

Zhu Zheng Wang	Secretary Dong
Yang Lin Guang	Directors, executives
Lan Bo	Directors, executives
Qiu Xiang Ping	Executives
Zhang Xue Wu	Directors, executives
Sun Lin	Executives

Yankershop Food Co Headlines

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