China Crystal New Material Holdings Co (XKRX:900250) ROCE % : 4.39% (As of Mar. 2024)

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What is China Crystal New Material Holdings 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. China Crystal New Material Holdings Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.39%.

China Crystal New Material Holdings Co ROCE % Historical Data

The historical data trend for China Crystal New Material Holdings 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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China Crystal New Material Holdings Co ROCE % Chart

China Crystal New Material Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.85

9.77

3.75

4.82

3.72

China Crystal New Material Holdings Co 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															3.77	7.67	6.35	-3.16	4.39

China Crystal New Material Holdings Co ROCE % Calculation

China Crystal New Material Holdings 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 )
	=	14385.599	/	( ( (401095.347 - 17745.322)	+	(405929.936 - 15664.515) )	/ 2 )
	=	14385.599	/	( (383350.025	+	390265.421)	/ 2 )
	=	14385.599	/	386807.723
	=	3.72 %

China Crystal New Material Holdings Co'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 )
	=	18272.748	/	( ( (405929.936 - 15664.515)	+	(490706.166 - 48193.886) )	/ 2 )
	=	18272.748	/	( ( 390265.421	+	442512.28 )	/ 2 )
	=	18272.748	/	416388.8505
	=	4.39 %

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

China Crystal New Material Holdings Co (XKRX:900250) 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.

China Crystal New Material Holdings Co ROCE % Related Terms

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China Crystal New Material Holdings Co (XKRX:900250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Crystal New Material Holdings Co Ltd (XKRX:900250) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Artemis House, 75 Fort Street, George Town, P.O. Box 31493, Grand Cayman, CYM, KY1-1206

Website

http://www.chinacrystal.com.tw

China Crystal New Material Holdings Co Ltd is a manufacturer of industrial materials. Its principal products cover six categories over 100 varieties, including synthetic mica flake, nature wet ground mica powder, synthetic wet ground mica powder, synthetic wet ground mica powder as a cosmetic class, synthetic wet ground mica powder as fillers and fire-resistant synthetic mica tape. The products are widely used in modern industries including aviation, aerospace, metallurgy, electronics, chemicals, textiles, machinery, high-grade inks, cosmetics, fine ceramics, plastics, and atomic energy industry.

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