JHanyu Group JSC (SZSE:300403) ROCE % : 12.33% (As of Dec. 2024)

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What is JHanyu Group JSC 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. JHanyu Group JSC's annualized ROCE % for the quarter that ended in Dec. 2024 was 12.33%.

JHanyu Group JSC ROCE % Historical Data

The historical data trend for JHanyu Group JSC'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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JHanyu Group JSC ROCE % Chart

JHanyu Group JSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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15.75

16.24

12.87

14.12

13.25

JHanyu Group JSC 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															15.34	13.28	14.33	13.97	12.33

JHanyu Group JSC ROCE % Calculation

JHanyu Group JSC'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 )
	=	265.031	/	( ( (2367.541 - 392.656)	+	(2457.59 - 430.772) )	/ 2 )
	=	265.031	/	( (1974.885	+	2026.818)	/ 2 )
	=	265.031	/	2000.8515
	=	13.25 %

JHanyu Group JSC'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 )
	=	243.512	/	( ( (2352.24 - 427.581)	+	(2457.59 - 430.772) )	/ 2 )
	=	243.512	/	( ( 1924.659	+	2026.818 )	/ 2 )
	=	243.512	/	1975.7385
	=	12.33 %

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

JHanyu Group JSC (SZSE:300403) 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.

JHanyu Group JSC ROCE % Related Terms

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JHanyu Group JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » JHanyu Group JSC Ltd (SZSE:300403) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 336 Qinglan Road, High-tech Development Zone, Guangdong Province, Jiangmen, CHN, 529040

Website

http://www.idearhanyu.com

JHanyu Group JSC Ltd, formerly Jiangmen iDear-Hanyu Electrical Joint Stock Co Ltd is a China-based manufacturer and supplier of the washing machine, dishwasher core components, and drainage pumps. Its product offerings include a washing pump, respirator, tubeless pump, wind mill, faucet connector, softener, bubble pump, iDear spa toilet, permanent magnet ferrite radial heterosexual rotor, and special engineering plastic products.

Executives

Shi Hua Shan	Directors, executives
Wu Ge Ming	Directors, executives
Ma Chun Shou	Directors, executives
Zheng Li Kai	Directors, executives
Wen Hong	Supervisors
Fang Li	Supervisors

JHanyu Group JSC Headlines

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