Hunan Lead Power Technology Group Co (SZSE:300530) ROCE % : -20.13% (As of Sep. 2024)

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What is Hunan Lead Power Technology 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. Hunan Lead Power Technology Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -20.13%.

Hunan Lead Power Technology Group Co ROCE % Historical Data

The historical data trend for Hunan Lead Power Technology 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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Hunan Lead Power Technology Group Co ROCE % Chart

Hunan Lead Power Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.97

-7.55

-13.97

-27.81

-28.17

Hunan Lead Power Technology Group 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															-21.18	-34.84	-11.62	-21.80	-20.13

Hunan Lead Power Technology Group Co ROCE % Calculation

Hunan Lead Power Technology 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 )
	=	-176.282	/	( ( (1577.595 - 1135.756)	+	(1672.599 - 862.665) )	/ 2 )
	=	-176.282	/	( (441.839	+	809.934)	/ 2 )
	=	-176.282	/	625.8865
	=	-28.17 %

Hunan Lead Power Technology Group 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 )
	=	-168.548	/	( ( (1895.428 - 1030.69)	+	(1767.751 - 957.576) )	/ 2 )
	=	-168.548	/	( ( 864.738	+	810.175 )	/ 2 )
	=	-168.548	/	837.4565
	=	-20.13 %

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

Hunan Lead Power Technology Group Co (SZSE:300530) 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.

Hunan Lead Power Technology Group Co ROCE % Related Terms

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Hunan Lead Power Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hunan Lead Power Technology Group Co Ltd (SZSE:300530) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jinwei Road, Guiyang Industrial Park, Qidong County, Hunan, Hengyang, CHN, 421200

Website

http://www.dzpower.com

Hunan Lead Power Technology Group Co Ltd is engaged in research & development, production and sales of new environmentally friendly surface engineering chemicals.

Executives

Yang Qiu Lin	Independent director
Cai Zhi Hua	Directors, executives
Chen Cai Xi	Executives
Luo Ying Hua	Executives
Cai Zhi Bin	Directors, Directors, and Executives
Dong Shi Cai	Executives
Chen Xin	Director
Zhang Shu Zhen	Supervisors
Du Tao	Securities Affairs Representative

Hunan Lead Power Technology Group Co Headlines

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