China Railway Prefabricated Construction Co (SZSE:300374) ROCE % : -12.26% (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is China Railway Prefabricated Construction 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. China Railway Prefabricated Construction Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -12.26%.

China Railway Prefabricated Construction Co ROCE % Historical Data

The historical data trend for China Railway Prefabricated Construction 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.

China Railway Prefabricated Construction Co ROCE % Chart

China Railway Prefabricated Construction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.15

3.33

-27.08

-23.57

-14.01

China Railway Prefabricated Construction Co 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															-13.49	-13.10	-2.44	-28.94	-12.26

China Railway Prefabricated Construction Co ROCE % Calculation

China Railway Prefabricated Construction 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 )
	=	-133.367	/	( ( (2957.76 - 1971.152)	+	(3274.268 - 2357.135) )	/ 2 )
	=	-133.367	/	( (986.608	+	917.133)	/ 2 )
	=	-133.367	/	951.8705
	=	-14.01 %

China Railway Prefabricated Construction Co'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 )
	=	-112.856	/	( ( (3274.268 - 2357.135)	+	(3250.452 - 2325.946) )	/ 2 )
	=	-112.856	/	( ( 917.133	+	924.506 )	/ 2 )
	=	-112.856	/	920.8195
	=	-12.26 %

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

China Railway Prefabricated Construction Co (SZSE:300374) 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.

China Railway Prefabricated Construction Co ROCE % Related Terms

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

China Railway Prefabricated Construction Co (SZSE:300374) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Railway Prefabricated Construction Co Ltd (SZSE:300374) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 86-5, Wanxing Road, Changyang, Fangshan District, Beijing, CHN, 102444

Website

http://www.htcxms.com

China Railway Prefabricated Construction Co Ltd is engaged in production, sales and assembly of building materials such as new wall materials, building structure materials, indoor and outdoor decoration materials, garden landscape materials.

Executives

Sun Zhi Qiang	Director
Shen Hai Jun	Executives
Song Ai Jun	Supervisors
Tan Li Ming	Secretary Dong
Liu Wen Cai	Executives
Wang Yu Lian	Directors, executives
Wang Qiu Yan	Directors, executives

China Railway Prefabricated Construction Co (SZSE:300374) Headlines

No Headlines