Sichuan Fulin Transportation Group Co (SZSE:002357) ROCE % : 12.62% (As of Mar. 2024)

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What is Sichuan Fulin Transportation Group 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. Sichuan Fulin Transportation Group Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 12.62%.

Sichuan Fulin Transportation Group Co ROCE % Historical Data

The historical data trend for Sichuan Fulin Transportation Group 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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Sichuan Fulin Transportation Group Co ROCE % Chart

Sichuan Fulin Transportation Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.17

7.77

5.90

6.28

11.13

Sichuan Fulin Transportation Group 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															14.11	18.06	11.47	1.98	12.62

Sichuan Fulin Transportation Group Co ROCE % Calculation

Sichuan Fulin Transportation Group 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 )
	=	203.384	/	( ( (2719.587 - 943.485)	+	(2843.484 - 965.803) )	/ 2 )
	=	203.384	/	( (1776.102	+	1877.681)	/ 2 )
	=	203.384	/	1826.8915
	=	11.13 %

Sichuan Fulin Transportation Group 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 )
	=	237.32	/	( ( (2843.484 - 965.803)	+	(2833.545 - 951.591) )	/ 2 )
	=	237.32	/	( ( 1877.681	+	1881.954 )	/ 2 )
	=	237.32	/	1879.8175
	=	12.62 %

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

Sichuan Fulin Transportation Group Co (SZSE:002357) 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.

Sichuan Fulin Transportation Group Co ROCE % Related Terms

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Sichuan Fulin Transportation Group Co (SZSE:002357) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sichuan Fulin Transportation Group Co Ltd (SZSE:002357) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 239, Guangfu Road, Building 29, Area N, Qingyang District, Chengdu, CHN, 610091

Website

http://www.scflyy.cn

Sichuan Fulin Transportation Group Co Ltd is a China-based company engaged in passenger and freight transport. It also offers related extended services such as passenger and freight transportation services, charter services, a sale of petroleum products, road passenger transportation, and taxi management, urban bus operation, vehicle maintenance, vehicle inspection, driving and training services, and insurance concurrent agency.

Executives

Lu Qi Yong	Director
Tang Shan Lian	Supervisors
Cai Liang Fa	Directors, executives
Ceng Gang	Directors, executives
Wang Zhi	Directors, executives
Liu Jie Fang	Executives
Hou Lian Yu	Director
Chen Shu Guang	Director
Jiang Ming	Directors, executives

Sichuan Fulin Transportation Group Co (SZSE:002357) Headlines

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