Suzhou Industrial Park Heshun Electric Co (SZSE:300141) ROCE % : 1.32% (As of Mar. 2024)

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

What is Suzhou Industrial Park Heshun Electric 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. Suzhou Industrial Park Heshun Electric Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.32%.

Suzhou Industrial Park Heshun Electric Co ROCE % Historical Data

The historical data trend for Suzhou Industrial Park Heshun Electric 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.

Suzhou Industrial Park Heshun Electric Co ROCE % Chart

Suzhou Industrial Park Heshun Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.19

-8.64

1.52

-1.26

0.85

Suzhou Industrial Park Heshun Electric Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-0.68	2.40	0.92	0.76	1.32

Suzhou Industrial Park Heshun Electric Co ROCE % Calculation

Suzhou Industrial Park Heshun Electric 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 )
	=	5.869	/	( ( (994.156 - 304.899)	+	(1020.781 - 321.339) )	/ 2 )
	=	5.869	/	( (689.257	+	699.442)	/ 2 )
	=	5.869	/	694.3495
	=	0.85 %

Suzhou Industrial Park Heshun Electric Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	9.204	/	( ( (1020.781 - 321.339)	+	(1032.607 - 332.343) )	/ 2 )
	=	9.204	/	( ( 699.442	+	700.264 )	/ 2 )
	=	9.204	/	699.853
	=	1.32 %

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

Suzhou Industrial Park Heshun Electric Co (SZSE:300141) 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.

Suzhou Industrial Park Heshun Electric Co ROCE % Related Terms

Thank you for viewing the detailed overview of Suzhou Industrial Park Heshun Electric Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Suzhou Industrial Park Heshun Electric Co (SZSE:300141) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Industrial Park Heshun Electric Co Ltd (SZSE:300141) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 8 Heshun Road, Suzhou Industrial Park, Jiangsu, Suzhou, CHN, 215122

Website

http://www.cnheshun.com

Suzhou Industrial Park Heshun Electric Co Ltd is engaged in the manufacturing and sale of electrical equipments. The products of the company include high and low voltage equipment, high voltage capacitor, charging pile, power quality equipment, EPC engineering, and software platform.

Executives

Li Liang Ren	Executives
Xu Shu Jie	Directors, executives
Yao Jian Hua	Director
Qin Yong	Executives
Ren Yun Ya	Executives
Xiao Min	Director
Chu Cheng	Secretary Dong
Wu Yong De	Directors, executives
Xu Xiao Ming	Securities Affairs Representative
Wu Xiang Xing	Supervisors
Tang Yu Ming	Executives
Chen Xiang Shu	Executives
Du Jun	Directors, executives

Suzhou Industrial Park Heshun Electric Co (SZSE:300141) Headlines

No Headlines