China Railway Tielong Container Logistics Co (SHSE:600125) ROCE % : 14.42% (As of Mar. 2024)

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What is China Railway Tielong Container Logistics 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 Railway Tielong Container Logistics Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 14.42%.

China Railway Tielong Container Logistics Co ROCE % Historical Data

The historical data trend for China Railway Tielong Container Logistics 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 Railway Tielong Container Logistics Co ROCE % Chart

China Railway Tielong Container Logistics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.74

8.45

6.76

6.51

8.51

China Railway Tielong Container Logistics 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															12.27	10.25	9.56	2.06	14.42

China Railway Tielong Container Logistics Co ROCE % Calculation

China Railway Tielong Container Logistics 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 )
	=	693.839	/	( ( (9411.969 - 1383.192)	+	(10010.077 - 1740.436) )	/ 2 )
	=	693.839	/	( (8028.777	+	8269.641)	/ 2 )
	=	693.839	/	8149.209
	=	8.51 %

China Railway Tielong Container Logistics 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 )
	=	1207.596	/	( ( (10010.077 - 1740.436)	+	(9899.35 - 1420.327) )	/ 2 )
	=	1207.596	/	( ( 8269.641	+	8479.023 )	/ 2 )
	=	1207.596	/	8374.332
	=	14.42 %

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

China Railway Tielong Container Logistics Co (SHSE:600125) 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 Railway Tielong Container Logistics Co ROCE % Related Terms

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China Railway Tielong Container Logistics Co (SHSE:600125) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Railway Tielong Container Logistics Co Ltd (SHSE:600125) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Xin'an Street, Zhongshan District, Dalian, Liaoning, CHN, 116001

Website

http://www.chinacrt.com

China Railway Tielong Container Logistics Co Ltd provides railway transportation services in China. It offers railway special container logistics services, such as transportation of steel, grain, ore, cement, chilled and liquid chemicals, and other transportation services. The company also offers railway cargo and passenger transportation, port logistics, warehousing, and freight forwarding services.

Executives

Xin Ming	Director
Cui De Quan	senior management
Yu Qing Hong	senior management
Li Guang Wen	senior management
Guan Xiao Dong	senior management
Yu Qing Xin	Director
Song De Xu	senior management
Wang Wei Zhong	senior management
You Gong Yan	Supervisors
Liang Zhen Guo	senior management
Liu Ji Dong	Director
Jiang Qing	senior management

China Railway Tielong Container Logistics Co (SHSE:600125) Headlines

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