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Jiangsu Yunyi Electric Co (SZSE:300304) ROCE % : 13.37% (As of Dec. 2024)


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What is Jiangsu Yunyi Electric 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. Jiangsu Yunyi Electric Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 13.37%.


Jiangsu Yunyi Electric Co ROCE % Historical Data

The historical data trend for Jiangsu Yunyi Electric 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.

Jiangsu Yunyi Electric Co ROCE % Chart

Jiangsu Yunyi Electric Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.97 11.73 5.60 13.09 15.65

Jiangsu Yunyi Electric 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.56 16.61 17.21 15.62 13.37

Jiangsu Yunyi Electric Co ROCE % Calculation

Jiangsu Yunyi Electric 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 )
=485.017/( ( (3706.3 - 760.064) + (4008.198 - 755.356) )/ 2 )
=485.017/( (2946.236+3252.842)/ 2 )
=485.017/3099.539
=15.65 %

Jiangsu Yunyi Electric 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 )
=429.964/( ( (3947.012 - 770.076) + (4008.198 - 755.356) )/ 2 )
=429.964/( ( 3176.936 + 3252.842 )/ 2 )
=429.964/3214.889
=13.37 %

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

* 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.


Jiangsu Yunyi Electric Co  (SZSE:300304) 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.


Jiangsu Yunyi Electric Co ROCE % Related Terms

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Jiangsu Yunyi Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No.26, Huangshan Road, Tongshan Economic Development Zone, Jiangsu Province, Xuzhou, CHN, 221116
Jiangsu Yunyi Electric Co Ltd operates in the auto parts industry. The company mainly focuses on the development, production, and sales of automotive rectifiers, regulators and other car electronic products. The main products are charging systems, wiper systems, and motor control systems.
Executives
Kong Ling Feng Supervisors
Zhu Qiao Yun Supervisors
Zheng Xuan Wei Securities Affairs Representative
Li Cheng Zhong Secretary, Director
Fu Hong Ling Director
Zhang Jing Director

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