Shenzhen Institute of Building Research Co (SZSE:300675) ROCE % : 18.80% (As of Dec. 2024)

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What is Shenzhen Institute of Building Research 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 Institute of Building Research Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 18.80%.

Shenzhen Institute of Building Research Co ROCE % Historical Data

The historical data trend for Shenzhen Institute of Building Research 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 Institute of Building Research Co ROCE % Chart

Shenzhen Institute of Building Research Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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6.99

6.38

9.79

4.86

2.30

Shenzhen Institute of Building Research Co 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															36.17	-6.80	-5.27	3.17	18.80

Shenzhen Institute of Building Research Co ROCE % Calculation

Shenzhen Institute of Building Research Co'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 )
	=	20.551	/	( ( (1443.315 - 543.493)	+	(1491.472 - 606.515) )	/ 2 )
	=	20.551	/	( (899.822	+	884.957)	/ 2 )
	=	20.551	/	892.3895
	=	2.30 %

Shenzhen Institute of Building Research Co'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 )
	=	160.984	/	( ( (1384.194 - 556.111)	+	(1491.472 - 606.515) )	/ 2 )
	=	160.984	/	( ( 828.083	+	884.957 )	/ 2 )
	=	160.984	/	856.52
	=	18.80 %

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

Shenzhen Institute of Building Research Co (SZSE:300675) 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 Institute of Building Research Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen Institute of Building Research Co Ltd (SZSE:300675) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 29 Meilong 3rd Road, Jianke Building, Futian District, Shenzhen, CHN, 518049

Website

http://www.szibr.com

Shenzhen Institute of Building Research Co Ltd focuses on the green construction and operation of cities and buildings. It provides technical consulting services such as urban planning and architectural design. The company also provides general contracting services for green building delivery.

Executives

Lan Lan	Supervisors
Chen Ze Guang	Director

Shenzhen Institute of Building Research Co Headlines

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