Lida Holdings (TPE:4552) ROCE % : 3.18% (As of Mar. 2024)

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

What is Lida Holdings 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. Lida Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.18%.

Lida Holdings ROCE % Historical Data

The historical data trend for Lida Holdings'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.

Lida Holdings ROCE % Chart

Lida Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.36

7.27

9.24

11.13

9.69

Lida Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															6.20	10.95	8.83	12.95	3.18

Lida Holdings ROCE % Calculation

Lida Holdings'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 )
	=	626.782	/	( ( (7516.084 - 1137.972)	+	(7375.771 - 823.042) )	/ 2 )
	=	626.782	/	( (6378.112	+	6552.729)	/ 2 )
	=	626.782	/	6465.4205
	=	9.69 %

Lida Holdings's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	211.068	/	( ( (7375.771 - 823.042)	+	(7651.971 - 938.821) )	/ 2 )
	=	211.068	/	( ( 6552.729	+	6713.15 )	/ 2 )
	=	211.068	/	6632.9395
	=	3.18 %

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

Lida Holdings (TPE:4552) 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.

Lida Holdings ROCE % Related Terms

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

Lida Holdings (TPE:4552) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lida Holdings Ltd (TPE:4552) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.51, Sec. 2, Keelung Road, 3rd Floor, Xinyi District, Taipei, TWN, 11052

Website

https://www.lidaholdings.com

Lida Holdings Ltd is a Chinese company primarily engaged in the design, manufacture, and sales of mechanical and electrical products such as air compressors, electric welding machines, and electrical tools. . It mainly produces a piston compressor, screw compressor, scroll compressor. It brands include Luowei, Lida and Eagleland. Geographically, it derives a majority of its revenue from China and also has a presence in Australia; Korea; Turkey; Malaysia; South Africa; France; Belgium; Indonesia, and other countries.

Lida Holdings (TPE:4552) Headlines

No Headlines