Shenzhen Capchem Technology Co (SZSE:300037) ROCE % : 10.15% (As of Jun. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Shenzhen Capchem Technology 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. Shenzhen Capchem Technology Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 10.15%.

Shenzhen Capchem Technology Co ROCE % Historical Data

The historical data trend for Shenzhen Capchem Technology 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.

Shenzhen Capchem Technology Co ROCE % Chart

Shenzhen Capchem Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.93

13.51

23.62

21.98

10.31

Shenzhen Capchem Technology Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															11.02	11.74	8.54	6.48	10.15

Shenzhen Capchem Technology Co ROCE % Calculation

Shenzhen Capchem Technology 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 )
	=	1220.055	/	( ( (15395.115 - 3996.991)	+	(17624.313 - 5349.012) )	/ 2 )
	=	1220.055	/	( (11398.124	+	12275.301)	/ 2 )
	=	1220.055	/	11836.7125
	=	10.31 %

Shenzhen Capchem Technology Co's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	1265.792	/	( ( (17000.007 - 4438.433)	+	(16578.465 - 4190.98) )	/ 2 )
	=	1265.792	/	( ( 12561.574	+	12387.485 )	/ 2 )
	=	1265.792	/	12474.5295
	=	10.15 %

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

Shenzhen Capchem Technology Co (SZSE:300037) 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.

Shenzhen Capchem Technology Co ROCE % Related Terms

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

Shenzhen Capchem Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shenzhen Capchem Technology Co Ltd (SZSE:300037) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shabo Tongfuyu Industry Zone, Pingshan New District, Guangdong province, Shenzhen, CHN, 518118

Website

http://www.capchem.com

Shenzhen Capchem Technology Co Ltd is a China-based company specialized in the research and development, manufacturing, and marketing of electronic chemical products. The company has three categories of products, Capacitors Chemicals, Lithium Batteries Chemicals and Semiconductors Chemicals. Its product portfolio comprises lithium-ion batteries, supercapacitors, aluminum electrolytic, nuclear power, photoelectric polymer materials, semiconductor chemical, chemical reagent, cover discs and other products. The group sells its products in China and other countries.

Executives

Xie Wei Dong	Directors, executives
Zhou Ai Ping	Directors, executives
Ceng Yun Hui	Executives
Zhao Da Cheng	Supervisors
Jiang Xi Song	Executives
Chen Qun	Supervisors
Mao Yu Hua	Executives
Song Chun Hua	Supervisors
Zhao Zhi Ming	Secretary Dong
Tan Jiu San	Director
Zhou Da Wen	Directors, executives
Zheng Zhong Tian	Directors, executives
Zhang Gui Wen	Supervisors
Zhong Mei Hong	Director
Zhang Zhu Miao	Supervisors

Shenzhen Capchem Technology Co Headlines

No Headlines