Lepu Medical Technology (Beijing) Co (SZSE:300003) ROCE % : 2.67% (As of Sep. 2024)

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What is Lepu Medical Technology (Beijing) 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. Lepu Medical Technology (Beijing) Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.67%.

Lepu Medical Technology (Beijing) Co ROCE % Historical Data

The historical data trend for Lepu Medical Technology (Beijing) 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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Lepu Medical Technology (Beijing) Co ROCE % Chart

Lepu Medical Technology (Beijing) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.88

20.38

15.41

15.33

8.53

Lepu Medical Technology (Beijing) 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															8.93	0.52	12.05	4.27	2.67

Lepu Medical Technology (Beijing) Co ROCE % Calculation

Lepu Medical Technology (Beijing) 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 )
	=	1725.143	/	( ( (24484.95 - 5323.336)	+	(25022.331 - 3758.656) )	/ 2 )
	=	1725.143	/	( (19161.614	+	21263.675)	/ 2 )
	=	1725.143	/	20212.6445
	=	8.53 %

Lepu Medical Technology (Beijing) 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 )
	=	591.636	/	( ( (25296.398 - 3357.542)	+	(25006.284 - 2627.682) )	/ 2 )
	=	591.636	/	( ( 21938.856	+	22378.602 )	/ 2 )
	=	591.636	/	22158.729
	=	2.67 %

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

Lepu Medical Technology (Beijing) Co (SZSE:300003) 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.

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Lepu Medical Technology (Beijing) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Lepu Medical Technology (Beijing) Co Ltd (SZSE:300003) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 37 Chaoqian Road, Changping District, Beijing, CHN, 102200

Website

http://www.lepumedical.com

Lepu Medical Technology (Beijing) Co Ltd is a China-based company. It specializes in developing, manufacturing, and marketing high-tech medical devices and equipment. The company is engaged in the fields of cardiovascular interventions, structural heart diseases, cardiac rhythm management, anesthesia, and critical care, in vitro diagnostics and general surgery.

Executives

Wei Zhan Jiang	Executives
Zhang Zhi Bin	Executives
Wang Yong	Executives
Guo Tong Jun	Executives
Zheng Guo Rui	Executives
Pu Zhong Jie	Directors, executives
Lv Yong Hui	Executives
Chen Juan	Executives
Zhang Xia	Executives
Wang Jian Hui	Executives

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