Keli Motor Group Co (SZSE:002892) ROCE % : 13.32% (As of Sep. 2024)

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What is Keli Motor Group 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. Keli Motor Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 13.32%.

Keli Motor Group Co ROCE % Historical Data

The historical data trend for Keli Motor Group 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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Keli Motor Group Co ROCE % Chart

Keli Motor Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.41

15.70

11.28

5.64

3.56

Keli Motor Group 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															2.21	1.05	3.95	3.54	13.32

Keli Motor Group Co ROCE % Calculation

Keli Motor Group 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 )
	=	52.482	/	( ( (1792.872 - 296.141)	+	(1904.07 - 453.795) )	/ 2 )
	=	52.482	/	( (1496.731	+	1450.275)	/ 2 )
	=	52.482	/	1473.503
	=	3.56 %

Keli Motor Group 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 )
	=	204.236	/	( ( (2105.936 - 611.577)	+	(2196.723 - 624.435) )	/ 2 )
	=	204.236	/	( ( 1494.359	+	1572.288 )	/ 2 )
	=	204.236	/	1533.3235
	=	13.32 %

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

Keli Motor Group Co (SZSE:002892) 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.

Keli Motor Group Co ROCE % Related Terms

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Keli Motor Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Keli Motor Group Co Ltd (SZSE:002892) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 49, Nanzheng North Road, Lijiaping Town, Shuyang County, Hunan Province, Shuyang County, CHN, 426181

Website

http://www.kelimotor.com

Keli Motor Group Co Ltd manufactures and sells micro motors in China. Its product line includes Shaded pole motor, Step motor, Universal motor, Cross-flow blower, Pump and Reduction gear motor. These motors are widely used in microwave oven, exhaust fan, oven, fan heater, electric fireplace, air conditioner, food processor, hair dryer, air pump, vacuum cleaner, paper shredder, air pump, water pump (dishwasher washer pump, draining pump), garden tools, electric tools, household appliances, and industrial control equipment.

Executives

Nie Bao Sheng	Director
Ceng Li Gang	Supervisors
Liu Hui	Supervisors
Jiang Yao Gang	Supervisors
Nie Peng Ju	Directors, executives
Li Wei	Secretary, Director
Tang Yi	Director

Keli Motor Group Co Headlines

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