Jiyuan Packaging Holdings (TPE:8488) ROCE % : 10.94% (As of Dec. 2024)

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What is Jiyuan Packaging 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. Jiyuan Packaging Holdings's annualized ROCE % for the quarter that ended in Dec. 2024 was 10.94%.

Jiyuan Packaging Holdings ROCE % Historical Data

The historical data trend for Jiyuan Packaging 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.

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Jiyuan Packaging Holdings ROCE % Chart

Jiyuan Packaging Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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6.28

4.16

-0.50

-0.11

1.62

Jiyuan Packaging Holdings 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															-0.18	-0.70	-1.85	-1.96	10.94

Jiyuan Packaging Holdings ROCE % Calculation

Jiyuan Packaging Holdings'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 )
	=	52.379	/	( ( (5302.649 - 2143.971)	+	(5501.672 - 2188.034) )	/ 2 )
	=	52.379	/	( (3158.678	+	3313.638)	/ 2 )
	=	52.379	/	3236.158
	=	1.62 %

Jiyuan Packaging Holdings'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 )
	=	358.072	/	( ( (5114.841 - 1881.492)	+	(5501.672 - 2188.034) )	/ 2 )
	=	358.072	/	( ( 3233.349	+	3313.638 )	/ 2 )
	=	358.072	/	3273.4935
	=	10.94 %

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

Jiyuan Packaging Holdings (TPE:8488) 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.

Jiyuan Packaging Holdings ROCE % Related Terms

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Jiyuan Packaging Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Jiyuan Packaging Holdings Ltd (TPE:8488) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hibiscus Way, 802 West Bay Road, P. O. Box 31119, Grand Pavilion, Grand Cayman, CYM, KY1 1205

Website

http://www.jypkg.com

Jiyuan Packaging Holdings Ltd is engaged in the production and sales of tin cans and aluminum cans. The company is involved in the production and sales of tinplate cans and aluminum cans-related products.

Jiyuan Packaging Holdings Headlines

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