Beijing Comens New Materials Co (SZSE:300200) ROCE % : 6.87% (As of Dec. 2024)

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What is Beijing Comens New Materials 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. Beijing Comens New Materials Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.87%.

Beijing Comens New Materials Co ROCE % Historical Data

The historical data trend for Beijing Comens New Materials 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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Beijing Comens New Materials Co ROCE % Chart

Beijing Comens New Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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15.40

9.93

8.46

-19.10

9.74

Beijing Comens New Materials 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															-97.88	15.09	9.61	7.60	6.87

Beijing Comens New Materials Co ROCE % Calculation

Beijing Comens New Materials 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 )
	=	157.322	/	( ( (2102.682 - 500.911)	+	(2318.595 - 689.87) )	/ 2 )
	=	157.322	/	( (1601.771	+	1628.725)	/ 2 )
	=	157.322	/	1615.248
	=	9.74 %

Beijing Comens New Materials 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 )
	=	112.236	/	( ( (2237.787 - 599.045)	+	(2318.595 - 689.87) )	/ 2 )
	=	112.236	/	( ( 1638.742	+	1628.725 )	/ 2 )
	=	112.236	/	1633.7335
	=	6.87 %

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

Beijing Comens New Materials Co (SZSE:300200) 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.

Beijing Comens New Materials Co ROCE % Related Terms

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Beijing Comens New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Beijing Comens New Materials Co Ltd (SZSE:300200) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.8, Yanshan Industrial Zone, Fangshan District, Beijing, CHN, 102502

Website

http://www.pusealant.com

Beijing Comens New Materials Co Ltd is engaged in offering solutions for bonding, sealing, and protection in the field of soft packaging, assembling, construction, furniture, and building materials. The products of the company include Pu windscreen replacement adhesive sealant, PU sealant primer, and easy flowing timber, flooring adhesive.

Executives

Shi Xiang Qian	Directors, executives
Wang Xiao Ping	Executives
Chen Deng Yu	Executives
Chen Xing Hua	Executives
Li De Yu	Executives
He Zhang Sheng	Executives
Wang Zi Ping	Director
Cao Xue	Director
Chen Li Li	Supervisors
Li Xiang Dong	Supervisors
Zhang Yang	Directors, executives
Luo Shan Guo	Executives
Cong Bin	Executives
Yu Qin Liang	Supervisors
Deng Yu Dong	Directors, executives

Beijing Comens New Materials Co Headlines

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