Jilin Jinguan Electric Co (SZSE:300510) ROCE % : 0.38% (As of Sep. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Jilin Jinguan 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. Jilin Jinguan Electric Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.38%.

Jilin Jinguan Electric Co ROCE % Historical Data

The historical data trend for Jilin Jinguan 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.

Jilin Jinguan Electric Co ROCE % Chart

Jilin Jinguan Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-30.53

1.42

1.05

1.98

1.35

Jilin Jinguan Electric Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															1.48	-1.02	-1.01	-0.74	0.38

Jilin Jinguan Electric Co ROCE % Calculation

Jilin Jinguan Electric 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 )
	=	38.357	/	( ( (3487.824 - 717.059)	+	(3849.303 - 932.779) )	/ 2 )
	=	38.357	/	( (2770.765	+	2916.524)	/ 2 )
	=	38.357	/	2843.6445
	=	1.35 %

Jilin Jinguan Electric Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	10.552	/	( ( (3782.019 - 975.046)	+	(3664.646 - 882.371) )	/ 2 )
	=	10.552	/	( ( 2806.973	+	2782.275 )	/ 2 )
	=	10.552	/	2794.624
	=	0.38 %

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

Jilin Jinguan Electric Co (SZSE:300510) 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.

Jilin Jinguan Electric Co ROCE % Related Terms

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

Jilin Jinguan Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jilin Jinguan Electric Co Ltd (SZSE:300510) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 4 Yanshou Road, Shuangyang Economic Development Zone, Jilin Province, Changchun, CHN, 130600

Website

http://www.jljgdq.cn

Jilin Jinguan Electric Co Ltd engages in the research and development, manufacture, and sale of intelligent electrical switchgear and distribution equipment components. Its products include ring network switching equipment, high voltage equipment, medium voltage switchgear series, substations, low-voltage equipment, and cable accessories. In addition, it offers a smart grid system, municipal engineering system, energy and chemical system, rail transit system, and international cooperation solutions.

Executives

Xu Hai Bin	Executives
Xu Hai Tao	Director
Sun Yi Bing	Director
Xu Wei Dong	Independent director
Xu Hai Jiang	Directors, Directors, and Executives
Zhao Hong Yun	Directors, executives

Jilin Jinguan Electric Co Headlines

No Headlines