Henan Yicheng New Energy Co (SZSE:300080) ROCE % : -23.91% (As of Dec. 2024)

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

What is Henan Yicheng New Energy 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. Henan Yicheng New Energy Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -23.91%.

Henan Yicheng New Energy Co ROCE % Historical Data

The historical data trend for Henan Yicheng New Energy 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.

Henan Yicheng New Energy Co ROCE % Chart

Henan Yicheng New Energy Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

-0.44

-2.30

10.59

2.40

-9.08

Henan Yicheng New Energy Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-3.25	-0.86	-16.70	3.56	-23.91

Henan Yicheng New Energy Co ROCE % Calculation

Henan Yicheng New Energy Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-850.377	/	( ( (16841.341 - 5963.942)	+	(13205.501 - 5356.635) )	/ 2 )
	=	-850.377	/	( (10877.399	+	7848.866)	/ 2 )
	=	-850.377	/	9363.1325
	=	-9.08 %

Henan Yicheng New Energy Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-1934.508	/	( ( (13699.501 - 5367.329)	+	(13205.501 - 5356.635) )	/ 2 )
	=	-1934.508	/	( ( 8332.172	+	7848.866 )	/ 2 )
	=	-1934.508	/	8090.519
	=	-23.91 %

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

Henan Yicheng New Energy Co (SZSE:300080) 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.

Henan Yicheng New Energy Co ROCE % Related Terms

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

Henan Yicheng New Energy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Henan Yicheng New Energy Co Ltd (SZSE:300080) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Kaifeng Fine Chemical Industrial Park, Henan Province, Henan, Kaifeng, CHN, 475000

Website

http://www.xindaxin.cn

Henan Yicheng New Energy Co Ltd is engaged in the production of solar crustal wafer cutting blade, recycling of waste mortar, solar power station construction, production and sales of negative electrode materials, and production and sales of monocrystalline silicon cells.

Executives

Wang Shao Feng	Director
Wang Shang Feng	Executives
Du Yong Hong	Directors, executives
Yang Guang Jie	Executives
Chang Xing Hua	Directors, executives
Lan Xiao Long	Executives
Cui Qiang	Executives
Wang An Le	Director
Yang Guo Xin	Executives
Wan Jian Min	Executives
Cui Yi	Independent director
Mai Zhi Yong	Directors, executives
Song He Chen	Director
Jiang Wei Hai	Director
Xu Yu Zhu	Executives

Henan Yicheng New Energy Co Headlines

No Headlines