Ceepower Co (SZSE:300062) ROCE % : -5.95% (As of Sep. 2024)

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What is Ceepower 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. Ceepower Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -5.95%.

Ceepower Co ROCE % Historical Data

The historical data trend for Ceepower 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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Ceepower Co ROCE % Chart

Ceepower Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.11

6.60

6.57

6.11

4.62

Ceepower 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															4.12	5.79	4.90	3.83	-5.95

Ceepower Co ROCE % Calculation

Ceepower 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 )
	=	76.487	/	( ( (2569.678 - 1223.531)	+	(3038.011 - 1075.76) )	/ 2 )
	=	76.487	/	( (1346.147	+	1962.251)	/ 2 )
	=	76.487	/	1654.199
	=	4.62 %

Ceepower 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 )
	=	-112.244	/	( ( (3132.936 - 1236.049)	+	(2984.9 - 1109.173) )	/ 2 )
	=	-112.244	/	( ( 1896.887	+	1875.727 )	/ 2 )
	=	-112.244	/	1886.307
	=	-5.95 %

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

Ceepower Co (SZSE:300062) 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.

Ceepower Co ROCE % Related Terms

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Ceepower Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ceepower Co Ltd (SZSE:300062) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 North Jinzhou Road, Golden Mountain Industrial Zone, Fujian Province, Fuzhou City, CHN, 350002

Website

http://www.ceepower.com

Ceepower Co Ltd is engaged in the business of transmission and distribution of power transmission, smart grid, new energy photovoltaic power generation and operation. The company's products include cable accessories, switching devices, SMC cabinets, video surveillance, distribution automation terminals, and box substations. The company specializes in the research and development, production, and sales of power transmission and distribution equipment, and its service customers are mainly State Grid, China Southern Power Grid, China Railway Group, urban rail transit, industrial and mining enterprises, etc.

Executives

Liu Ming Qiang	Executives
Chen Tian Xu	Director
	Directors, executives
Wu Hao	Director
Zhuo Hong Xing	Executives
Huang Nan	Directors, executives
Chen Man Hong	Director

Ceepower Co Headlines

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