Rastar Group (SZSE:300043) ROCE % : -9.83% (As of Sep. 2024)

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What is Rastar Group 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. Rastar Group's annualized ROCE % for the quarter that ended in Sep. 2024 was -9.83%.

Rastar Group ROCE % Historical Data

The historical data trend for Rastar Group'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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Rastar Group ROCE % Chart

Rastar Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.14

3.45

-22.28

-8.61

2.80

Rastar Group 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															27.45	-5.25	-16.82	-15.99	-9.83

Rastar Group ROCE % Calculation

Rastar Group'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 )
	=	77.479	/	( ( (4332.668 - 1510.609)	+	(4320.331 - 1599.765) )	/ 2 )
	=	77.479	/	( (2822.059	+	2720.566)	/ 2 )
	=	77.479	/	2771.3125
	=	2.80 %

Rastar Group'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 )
	=	-239.116	/	( ( (4207.425 - 1726.316)	+	(4182.529 - 1797.444) )	/ 2 )
	=	-239.116	/	( ( 2481.109	+	2385.085 )	/ 2 )
	=	-239.116	/	2433.097
	=	-9.83 %

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

Rastar Group (SZSE:300043) 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.

Rastar Group ROCE % Related Terms

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Rastar Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rastar Group (SZSE:300043) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Xiadao Road, Xinghui Industril Park, Guang-Feng Industrial Zone, Shanghua Town, Chenghai District, Guangdong Province, Shantou, CHN, 510627

Website

http://www.rastar.cn

Rastar Group is a Chinese company involved in the development, manufacturing, and sale of model cars in China. It also manufactures RC auto model, Die cast car, Ride-on products, and baby safety car seats. The company sells its products in China and also exports its products to the international countries.

Executives

Lu Zui Lan	Executives
Chen Yan Sheng	Director
Zheng Ze Feng	Directors, executives
You Shi Li	Supervisors
Peng Fei	Supervisors
Liu Yu Ling	Executives
Huang Wen Sheng	Securities Affairs Representative
Chen Yue Ping	Supervisors
Cheng You Liang	Supervisors
Huang Ting	Director
Yang Nong	Secretary, Director
Li Chun Guang	Executives
Chen Feng	Director
Tu Xin	Director

Rastar Group Headlines

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