Dagang Holding Group Co (SZSE:300103) ROCE % : -6.22% (As of Sep. 2024)

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What is Dagang Holding Group 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. Dagang Holding Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -6.22%.

Dagang Holding Group Co ROCE % Historical Data

The historical data trend for Dagang Holding Group 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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Dagang Holding Group Co ROCE % Chart

Dagang Holding Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.52

8.75

5.77

-25.45

-13.69

Dagang Holding Group 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															-7.06	-41.01	-1.53	-4.63	-6.22

Dagang Holding Group Co ROCE % Calculation

Dagang Holding Group 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 )
	=	-143.136	/	( ( (1737.789 - 457.398)	+	(1070.834 - 260.256) )	/ 2 )
	=	-143.136	/	( (1280.391	+	810.578)	/ 2 )
	=	-143.136	/	1045.4845
	=	-13.69 %

Dagang Holding Group 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 )
	=	-48.228	/	( ( (979.074 - 204.101)	+	(1001.453 - 225.085) )	/ 2 )
	=	-48.228	/	( ( 774.973	+	776.368 )	/ 2 )
	=	-48.228	/	775.6705
	=	-6.22 %

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

Dagang Holding Group Co (SZSE:300103) 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.

Dagang Holding Group Co ROCE % Related Terms

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Dagang Holding Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Dagang Holding Group Co Ltd (SZSE:300103) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 10 Biyuan Third Road, High-tech Zone, Xi'an, Shaanxi Province, Xian, CHN, 710119

Website

http://www.sxdagang.com

Dagang Holding Group Co Ltd is an enterprise specialized in the research and development, manufacture and service of road construction and maintenance machinery and equipment and general contracting of domestic and overseas projects. The company offers pavement maintenance machines, including asphalt pavement maintenance trucks, pavement maintenance vehicles, binding agent spreaders, self-propelled road widening machines, ultrathin asphalt pavers, and crack sealing machines.

Executives

Sun Jian Xi	Director
Fu Jian Ping	Executives
Wang Yan	Supervisors
He Xu Wen	Independent director
Zhao Zun Hui	Director
Qin Zhi Qiang	Executives
Zhu Hong Yan	Supervisors
Yang Ya Ping	Executives
Wei Er Qi	Secretary, Director
Huang Tong Sheng	Executives
Wang Rui	Securities Affairs Representative
Huang Fu Jian Hong	Supervisors
Huang Kun	Supervisors
Li Tai Jie	Director
Xue Mei	Directors, executives

Dagang Holding Group Co Headlines

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