Shenzhen Jiang&Associates Creative Design Co (SZSE:300668) ROCE % : 7.30% (As of Sep. 2024)

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What is Shenzhen Jiang&Associates Creative Design 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. Shenzhen Jiang&Associates Creative Design Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 7.30%.

Shenzhen Jiang&Associates Creative Design Co ROCE % Historical Data

The historical data trend for Shenzhen Jiang&Associates Creative Design 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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Shenzhen Jiang&Associates Creative Design Co ROCE % Chart

Shenzhen Jiang&Associates Creative Design Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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21.63

6.09

4.96

6.13

9.44

Shenzhen Jiang&Associates Creative Design 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															11.93	5.16	-4.40	8.37	7.30

Shenzhen Jiang&Associates Creative Design Co ROCE % Calculation

Shenzhen Jiang&Associates Creative Design 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 )
	=	71.964	/	( ( (903.495 - 183.726)	+	(1178.78 - 374.139) )	/ 2 )
	=	71.964	/	( (719.769	+	804.641)	/ 2 )
	=	71.964	/	762.205
	=	9.44 %

Shenzhen Jiang&Associates Creative Design 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 )
	=	57.992	/	( ( (1152.233 - 357.879)	+	(1161.773 - 367.673) )	/ 2 )
	=	57.992	/	( ( 794.354	+	794.1 )	/ 2 )
	=	57.992	/	794.227
	=	7.30 %

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

Shenzhen Jiang&Associates Creative Design Co (SZSE:300668) 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.

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Shenzhen Jiang&Associates Creative Design Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen Jiang&Associates Creative Design Co Ltd (SZSE:300668) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15, Keyuan Road, Kexing Science Park, 13th Floor, Unit B4, Yuehai Street, Nanshan District, Guangdong Province, Shenzhen, CHN, 518048

Website

http://www.jaid.cn

Shenzhen Jiang&Associates Creative Design Co Ltd operates in the architectural interior design industry. The company provides customers with a dynamic line design, concept design, solution design and expansion. Its design businesses cover the commercial construction, hotel building, and office buildings, rail transit buildings, medical care and old buildings.

Executives

Ran Xiao Feng	Directors, executives
Yuan Xiao Yun	Directors, executives
Chen Wen Tao	Executives
Li Jin Song	Supervisors
Song Yue	Directors, executives

Shenzhen Jiang&Associates Creative Design Co Headlines

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