Shanxi Huhua Group Co (SZSE:003002) ROCE % : 12.54% (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Shanxi Huhua 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. Shanxi Huhua Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 12.54%.

Shanxi Huhua Group Co ROCE % Historical Data

The historical data trend for Shanxi Huhua 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.

* Premium members only.

Shanxi Huhua Group Co ROCE % Chart

Shanxi Huhua Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

15.58

13.79

8.60

10.32

17.70

Shanxi Huhua 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															24.02	15.47	0.77	19.74	12.54

Shanxi Huhua Group Co ROCE % Calculation

Shanxi Huhua 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 )
	=	253.327	/	( ( (1719.788 - 374.505)	+	(1944.501 - 427.365) )	/ 2 )
	=	253.327	/	( (1345.283	+	1517.136)	/ 2 )
	=	253.327	/	1431.2095
	=	17.70 %

Shanxi Huhua 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 )
	=	189.984	/	( ( (1935.177 - 441.683)	+	(2038.942 - 502.144) )	/ 2 )
	=	189.984	/	( ( 1493.494	+	1536.798 )	/ 2 )
	=	189.984	/	1515.146
	=	12.54 %

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

Shanxi Huhua Group Co (SZSE:003002) 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.

Shanxi Huhua Group Co ROCE % Related Terms

Thank you for viewing the detailed overview of Shanxi Huhua Group Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanxi Huhua Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shanxi Huhua Group Co Ltd (SZSE:003002) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Huagong Road, Shanxi Province, Changzhi, CHN, 047300

Website

http://www.shanxihuhua.com

Shanxi Huhua Group Co Ltd is engaged in production and sales of various civil explosives and provides customers with specific engineering blasting solutions and blasting services. The company produces industrial detonators and explosive series products widely used in mining, water conservancy and hydropower, transportation construction, geological exploration and other fields.

Executives

Qin Dong	Director
Zhao Bin Fang	Director
Guo Ping Ze	Directors, executives
Duan Lin Qing	Supervisors
Zhang Hong	Directors, executives
Zhang Zhi Bing	Directors, executives
Pang Jian Jun	Director
Yang Xiao Lin	Supervisors
Guo Min	Directors, executives

Shanxi Huhua Group Co Headlines

No Headlines