Jiangsu Nata Opto-electronic Material Co (SZSE:300346) ROCE % : 2.50% (As of Dec. 2024)

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What is Jiangsu Nata Opto-electronic Material 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 Nata Opto-electronic Material Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 2.50%.

Jiangsu Nata Opto-electronic Material Co ROCE % Historical Data

The historical data trend for Jiangsu Nata Opto-electronic Material 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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Jiangsu Nata Opto-electronic Material Co ROCE % Chart

Jiangsu Nata Opto-electronic Material Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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6.29

7.58

7.92

8.16

10.41

Jiangsu Nata Opto-electronic Material 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															2.65	14.35	11.84	12.30	2.50

Jiangsu Nata Opto-electronic Material Co ROCE % Calculation

Jiangsu Nata Opto-electronic Material 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 )
	=	490.55	/	( ( (5736.67 - 1126.6)	+	(6489.991 - 1678.15) )	/ 2 )
	=	490.55	/	( (4610.07	+	4811.841)	/ 2 )
	=	490.55	/	4710.9555
	=	10.41 %

Jiangsu Nata Opto-electronic Material 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 )
	=	121.544	/	( ( (6538.941 - 1620.757)	+	(6489.991 - 1678.15) )	/ 2 )
	=	121.544	/	( ( 4918.184	+	4811.841 )	/ 2 )
	=	121.544	/	4865.0125
	=	2.50 %

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

Jiangsu Nata Opto-electronic Material Co (SZSE:300346) 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.

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Jiangsu Nata Opto-electronic Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Nata Opto-electronic Material Co Ltd (SZSE:300346) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Cuiwei Street, 7th Floor, Moon Bay International Center, Suzhou Industrial Park, Suzhou, CHN, 215021

Website

http://www.natachem.com

Jiangsu Nata Opto-electronic Material Co Ltd develops, manufactures and sells photoelectric new material high-purity metal organic source. The company's main products include trimethyl gallium, trimethyl indium, and trimethyl aluminum.

Executives

Zhang Xing Guo	Director
Ji Min Kun	Executives
Chen Hua Bing	Executives
Fang De Cai	Independent director
Su Yong Qin	Executives
Zhang Jian Fu	Directors, executives
Feng Jian Song	Directors, executives
Shen Jie	Director
Sun Xiang Zhen	Directors, executives
Di Li	Director
Cai Yan Xin	Supervisors

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