SanFeng Intelligent Equipment Group Co (SZSE:300276) ROCE % : 2.49% (As of Sep. 2024)

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What is SanFeng Intelligent Equipment 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. SanFeng Intelligent Equipment Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.49%.

SanFeng Intelligent Equipment Group Co ROCE % Historical Data

The historical data trend for SanFeng Intelligent Equipment 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.

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SanFeng Intelligent Equipment Group Co ROCE % Chart

SanFeng Intelligent Equipment Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.47

-43.20

4.79

-22.10

1.49

SanFeng Intelligent Equipment Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															0.25	-2.28	2.45	-0.34	2.49

SanFeng Intelligent Equipment Group Co ROCE % Calculation

SanFeng Intelligent Equipment 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 )
	=	29.694	/	( ( (4005.417 - 1990.785)	+	(4947.713 - 2988.228) )	/ 2 )
	=	29.694	/	( (2014.632	+	1959.485)	/ 2 )
	=	29.694	/	1987.0585
	=	1.49 %

SanFeng Intelligent Equipment Group Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	49.156	/	( ( (4517.322 - 2550.872)	+	(4377.244 - 2400.017) )	/ 2 )
	=	49.156	/	( ( 1966.45	+	1977.227 )	/ 2 )
	=	49.156	/	1971.8385
	=	2.49 %

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

SanFeng Intelligent Equipment Group Co (SZSE:300276) 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.

SanFeng Intelligent Equipment Group Co ROCE % Related Terms

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SanFeng Intelligent Equipment Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » SanFeng Intelligent Equipment Group Co Ltd (SZSE:300276) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No.398, Jinshan Avenue, Huangjinshan Industrial New Zone, Huangshi Economic Technology Development Zone, Hubei Province, Jhubei City, CHN, 435000

Website

http://www.cnsanf.com

SanFeng Intelligent Equipment Group Co Ltd formerly known as Hubei Sanfeng Intelligent Conveying Equipment Co Ltd is principally engaged in the research, design, manufacture, installation and debugging of intelligent conveying equipment in China. The products offered by the group are an intelligent logistics conveying system, industrial robot, automatic warehouse and sorting equipment, intelligent three-dimensional parking system, industrial automatic control system, unmanned aerial vehicle, environmentally-friendly energy-saving coating equipment and others. Geographically the activities are carried out through China.

Executives

Chen Qi Zhang	Director
Zhu Han Ping	Directors, executives
Chen Wei	Director
Li Jing Lan	Executives
Xu Hui Chuan	Executives
Wu Jian Jun	Executives
He Wei	Executives
Zhang Rong	Directors, Directors, and Executives
Zhu Han Mei	Executives
Guan Yin Hua	Supervisors
Wang Bin	Supervisors
Shao Ai Hua	Executives

SanFeng Intelligent Equipment Group Co Headlines

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