JSTI Group (SZSE:300284) ROCE % : 3.69% (As of Mar. 2024)

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What is JSTI Group 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. JSTI Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.69%.

JSTI Group ROCE % Historical Data

The historical data trend for JSTI Group'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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JSTI Group ROCE % Chart

JSTI Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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18.16

10.40

9.36

9.04

4.84

JSTI Group 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															2.89	7.03	3.11	6.29	3.69

JSTI Group ROCE % Calculation

JSTI Group'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 )
	=	442.393	/	( ( (15509.265 - 6220.497)	+	(15917.993 - 6926.039) )	/ 2 )
	=	442.393	/	( (9288.768	+	8991.954)	/ 2 )
	=	442.393	/	9140.361
	=	4.84 %

JSTI Group'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 )
	=	332.428	/	( ( (15917.993 - 6926.039)	+	(16478.329 - 7457.544) )	/ 2 )
	=	332.428	/	( ( 8991.954	+	9020.785 )	/ 2 )
	=	332.428	/	9006.3695
	=	3.69 %

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

JSTI Group (SZSE:300284) 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.

JSTI Group ROCE % Related Terms

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JSTI Group (SZSE:300284) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JSTI Group (SZSE:300284) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

233 Shui Xi Men Street, Nanjing, CHN, 210017

Website

http://www.jstri.com

JSTI Group is a global engineering consulting firm. The company's services include planning consultation, survey and design, test and inspection, project and construction management and urban management optimization, engineering and architecture, risk management of natural disasters, design, supervision, and maintenance of hydraulic infrastructures. The company offers its services for highway, rail, maritime, aviation, water, environment, architecture, industry, and government fields, as well as smart cities.

Executives

Zhu Xiao Ning	Directors, executives
Wang Jun Hua	Director
Pan Ling Song	Secretary Dong
Fu Guan Hua	Director
Ma Jian Biao	Executives
Zhang Hai Jun	Executives
Zhu Shao Wei	Directors, executives
Cao Rong Ji	Executives
Liang Xin Zheng	Executives
Li Da Peng	Executives
Wang Jia Qiang	Executives

JSTI Group (SZSE:300284) Headlines

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