Tofflon Science and Technology Group Co (SZSE:300171) ROCE % : 1.02% (As of Mar. 2025)

View and export this data going back to 2011. Start your Free Trial

What is Tofflon Science and Technology 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. Tofflon Science and Technology Group Co's annualized ROCE % for the quarter that ended in Mar. 2025 was 1.02%.

Tofflon Science and Technology Group Co ROCE % Historical Data

The historical data trend for Tofflon Science and Technology 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.

* Premium members only.

Tofflon Science and Technology Group Co ROCE % Chart

Tofflon Science and Technology Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

15.60

24.58

16.27

8.84

2.76

Tofflon Science and Technology Group Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial															4.11	2.74	1.88	2.28	1.02

Tofflon Science and Technology Group Co ROCE % Calculation

Tofflon Science and Technology Group 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 )
	=	227.296	/	( ( (12898.331 - 4646.212)	+	(13068.34 - 4865.705) )	/ 2 )
	=	227.296	/	( (8252.119	+	8202.635)	/ 2 )
	=	227.296	/	8227.377
	=	2.76 %

Tofflon Science and Technology Group Co's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	84.204	/	( ( (13068.34 - 4865.705)	+	(13027.382 - 4781.996) )	/ 2 )
	=	84.204	/	( ( 8202.635	+	8245.386 )	/ 2 )
	=	84.204	/	8224.0105
	=	1.02 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Tofflon Science and Technology Group Co (SZSE:300171) 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.

Tofflon Science and Technology Group Co ROCE % Related Terms

Thank you for viewing the detailed overview of Tofflon Science and Technology Group Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tofflon Science and Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tofflon Science and Technology Group Co Ltd (SZSE:300171) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1509 Duhui Road, Building No. 4, Minhang District, Shanghai, CHN, 201108

Website

http://www.tofflon.com

Tofflon Science and Technology Group Co Ltd manufactures and sells pharmaceutical freeze dryers. The company offers laboratory, pilot, production, and mass-production freeze dryers.

Executives

Zheng Xiao Dong	Directors, executives
Chang Cheng	Executives
Zheng Jin Wang	Directors, executives
Tang Hui Xing	Director
Zhang Hai Bin	Directors, executives
Xu Zhi Jun	Executives
Wu Zhang Xin	Executives
Xiong Fang Jun	Directors, executives
Wang Yan	Securities Affairs Representative
Zhou Xue Mei	Supervisors
Zheng Xiao You	Directors, executives

Tofflon Science and Technology Group Co Headlines

No Headlines