Guangdong Silver Age Sci and Tech Co (SZSE:300221) ROCE % : 4.08% (As of Dec. 2024)

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What is Guangdong Silver Age Sci and Tech 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. Guangdong Silver Age Sci and Tech Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 4.08%.

Guangdong Silver Age Sci and Tech Co ROCE % Historical Data

The historical data trend for Guangdong Silver Age Sci and Tech 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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Guangdong Silver Age Sci and Tech Co ROCE % Chart

Guangdong Silver Age Sci and Tech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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8.86

8.31

0.83

2.40

4.41

Guangdong Silver Age Sci and Tech 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															0.61	1.23	7.96	4.17	4.08

Guangdong Silver Age Sci and Tech Co ROCE % Calculation

Guangdong Silver Age Sci and Tech 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 )
	=	64.957	/	( ( (1845.268 - 416.35)	+	(2333.014 - 817.549) )	/ 2 )
	=	64.957	/	( (1428.918	+	1515.465)	/ 2 )
	=	64.957	/	1472.1915
	=	4.41 %

Guangdong Silver Age Sci and Tech 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 )
	=	61.672	/	( ( (2217.444 - 711.286)	+	(2333.014 - 817.549) )	/ 2 )
	=	61.672	/	( ( 1506.158	+	1515.465 )	/ 2 )
	=	61.672	/	1510.8115
	=	4.08 %

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

Guangdong Silver Age Sci and Tech Co (SZSE:300221) 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.

Guangdong Silver Age Sci and Tech Co ROCE % Related Terms

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Guangdong Silver Age Sci and Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guangdong Silver Age Sci and Tech Co Ltd (SZSE:300221) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Juqi Village, Humen Town, Dongguan, CHN, 523927

Website

http://www.silverage.cn

Guangdong Silver Age Sci and Tech Co Ltd are engaged in the research, development, production, and sale of high-performance polymer new materials in China. It produces fuel-resistant, weather-resistant, reinforced and toughened materials, and plastic alloy materials. Its products are widely used in household appliances, automobiles, IT electronics, LED lights, power tools, wire and cable, road materials and other fields.

Executives

Zheng Gui Hua	Secretary Dong
Gu Xian Feng	Executives
Lin Deng Can	Directors, executives
Fu Yi	Director
Zhang De Qing	Director
Tan Ying Er	Director
Huang Jing Dong	Director
Tan Song Bin	Director
Chen Yu Mei	Securities Affairs Representative
Yuan Zhi Gang	Director
Ye Jian Zhong	Supervisors

Guangdong Silver Age Sci and Tech Co Headlines

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