NanFeng Ventilator Co (SZSE:300004) ROCE % : 3.24% (As of Mar. 2024)

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What is NanFeng Ventilator 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. NanFeng Ventilator Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.24%.

NanFeng Ventilator Co ROCE % Historical Data

The historical data trend for NanFeng Ventilator 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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NanFeng Ventilator Co ROCE % Chart

NanFeng Ventilator Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.18

6.73

-34.53

1.79

-1.82

NanFeng Ventilator Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-1.24	1.74	-1.08	-6.69	3.24

NanFeng Ventilator Co ROCE % Calculation

NanFeng Ventilator 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 )
	=	-30.798	/	( ( (1911.936 - 206.998)	+	(1983.58 - 304.023) )	/ 2 )
	=	-30.798	/	( (1704.938	+	1679.557)	/ 2 )
	=	-30.798	/	1692.2475
	=	-1.82 %

NanFeng Ventilator Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	54.66	/	( ( (1983.58 - 304.023)	+	(1963.197 - 272.797) )	/ 2 )
	=	54.66	/	( ( 1679.557	+	1690.4 )	/ 2 )
	=	54.66	/	1684.9785
	=	3.24 %

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

NanFeng Ventilator Co (SZSE:300004) 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.

NanFeng Ventilator Co ROCE % Related Terms

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NanFeng Ventilator Co (SZSE:300004) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NanFeng Ventilator Co Ltd (SZSE:300004) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 31, Sanhuan West Road, Xiaotang, Nanhai District, Guangdong Province,, Foshan, CHN, 528222

Website

http://www.ntfan.com

NanFeng Ventilator Co Ltd is engaged in the development, manufacturing, and distribution of fan products and air treatment systems in China.

Executives

Xiao Bing	Independent director
Yang Zi Jiang	Directors, executives
Liu Ji Zhao	Supervisors
Yang Zi Shan	Directors, executives
Zhou Yan Min	Director
Li Ping	Director
Deng Jian Wei	Director

NanFeng Ventilator Co (SZSE:300004) Headlines

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