East Group Co (SZSE:300376) ROCE % : 3.82% (As of Mar. 2024)

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What is East 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. East Group Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.82%.

East Group Co ROCE % Historical Data

The historical data trend for East 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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East Group Co ROCE % Chart

East Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.08

10.11

9.76

7.57

8.25

East Group 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															7.24	11.16	13.83	0.57	3.82

East Group Co ROCE % Calculation

East 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 )
	=	828.135	/	( ( (14103.093 - 4302.411)	+	(13687.964 - 3406.127) )	/ 2 )
	=	828.135	/	( (9800.682	+	10281.837)	/ 2 )
	=	828.135	/	10041.2595
	=	8.25 %

East Group 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 )
	=	391.32	/	( ( (13687.964 - 3406.127)	+	(13597.347 - 3396.44) )	/ 2 )
	=	391.32	/	( ( 10281.837	+	10200.907 )	/ 2 )
	=	391.32	/	10241.372
	=	3.82 %

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

East Group Co (SZSE:300376) 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.

East Group Co ROCE % Related Terms

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East Group Co (SZSE:300376) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » East Group Co Ltd (SZSE:300376) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 6 Northern Industry Road, Songshan lake, Science and Technology Industrial Park, Dongguan, CHN, 523808

Website

http://www.eastups.com

East Group Co Ltd operates as a power supply manufacturer in China. It focuses on providing green, energy-saving, stable, reliable and continuous power supplies. The products offered by the group include Solar inverters & Solar PV energy solutions, UPS & Data center solutions, Electric vehicle charging station, Stabilizer and Lead-acid maintenance-free battery. Geographically it operates through China and it holds more than 200 representative offices around China. The company's products are sold in both Chinese and international markets.

Executives

Dai Bao Feng	Director
Zhang Tao	Executives
Xu Hai Bo	Directors, executives
Zhang Shun Jiang	Executives
Yu Wei	Directors, executives
He Jia	Director
Shi Xiao Li	Supervisors
He Si Mo	Directors, executives
Zhao Jiu Hong	Directors, executives
Yang Qin	Supervisors
Chen Yong Hua	Executives
Sun Xiao Ling	Supervisors

East Group Co (SZSE:300376) Headlines

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