Masterwork Group Co (SZSE:300195) ROCE % : 1.93% (As of Mar. 2024)

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

What is Masterwork 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. Masterwork Group Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.93%.

Masterwork Group Co ROCE % Historical Data

The historical data trend for Masterwork 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.

Masterwork Group Co ROCE % Chart

Masterwork Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-12.89

0.39

3.35

0.48

3.32

Masterwork Group 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															2.64	2.31	2.04	6.25	1.93

Masterwork Group Co ROCE % Calculation

Masterwork 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 )
	=	141.642	/	( ( (6385.261 - 1986.633)	+	(6258.558 - 2117.274) )	/ 2 )
	=	141.642	/	( (4398.628	+	4141.284)	/ 2 )
	=	141.642	/	4269.956
	=	3.32 %

Masterwork Group 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 )
	=	82.02	/	( ( (6258.558 - 2117.274)	+	(6211.071 - 1871.457) )	/ 2 )
	=	82.02	/	( ( 4141.284	+	4339.614 )	/ 2 )
	=	82.02	/	4240.449
	=	1.93 %

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

Masterwork Group Co (SZSE:300195) 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.

Masterwork Group Co ROCE % Related Terms

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

Masterwork Group Co (SZSE:300195) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Masterwork Group Co Ltd (SZSE:300195) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Shuangchuan Road, Beichen Economic Development Area, Tianjin, CHN, 300400

Website

http://www.mkmchina.com

Masterwork Group Co Ltd is a manufacturer of print finishing equipment in China. It produces a series of equipment including high-precision high-speed automatic die cutting machine, high-precision automatic platen foil stamping and dies cutting machine with hologram system, high-speed automatic folding and gluing machine, digital quality inspection machine, digital ink jet printing machine, web-fed foil stamping/die cutting combination machine.

Executives

Zhu Da Ping	Executives
Shen Zhi Hai	Executives
Li Li	Directors, executives
Zhu Hui	Director
Wang Yu Xin	Executives
Sun Xiang Lin	Executives
Qiu Cheng	Supervisors
Li Dong Hui	Directors, executives
Zhao Tie Liu	Director

Masterwork Group Co (SZSE:300195) Headlines

No Headlines