Joyvio Food Co (SZSE:300268) ROCE % : -16.74% (As of Dec. 2024)

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

What is Joyvio Food 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. Joyvio Food Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -16.74%.

Joyvio Food Co ROCE % Historical Data

The historical data trend for Joyvio Food 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.

Joyvio Food Co ROCE % Chart

Joyvio Food Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

-10.42

-1.51

-16.25

-18.89

-13.06

Joyvio Food 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															-38.40	0.60	-21.05	-15.59	-16.74

Joyvio Food Co ROCE % Calculation

Joyvio Food 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 )
	=	-823.141	/	( ( (9764.619 - 4857.741)	+	(9295.306 - 1597.483) )	/ 2 )
	=	-823.141	/	( (4906.878	+	7697.823)	/ 2 )
	=	-823.141	/	6302.3505
	=	-13.06 %

Joyvio Food 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 )
	=	-1195.192	/	( ( (9358.069 - 2775.969)	+	(9295.306 - 1597.483) )	/ 2 )
	=	-1195.192	/	( ( 6582.1	+	7697.823 )	/ 2 )
	=	-1195.192	/	7139.9615
	=	-16.74 %

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

Joyvio Food Co (SZSE:300268) 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.

Joyvio Food Co ROCE % Related Terms

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

Joyvio Food Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Joyvio Food Co Ltd (SZSE:300268) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 1 Guihua Road, Zuoshi Town, Taoyuan County, Hunan Province, Changde, CHN, 415701

Website

http://www.agrijoyvio.com

Joyvio Food Co Ltd is engaged in the processing and sale of aquatic products.

Executives

Wu Xuan Li	Director
Tang Jie	Director
Tian Chen	Supervisors
She Jian Hua	Supervisors
Zhang Jiu Li	Directors, executives
Shi Feng	Director
Wang Hai Feng	Executives
Zhou Xiao Ping	Directors, executives
Gao Xian Yong	Executives
Xiong Meng	Executives

Joyvio Food Co Headlines

No Headlines