Beijing Nutrichem Co (BJSE:833819) ROCE % : 1.09% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Beijing Nutrichem 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. Beijing Nutrichem Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.09%.

Beijing Nutrichem Co ROCE % Historical Data

The historical data trend for Beijing Nutrichem 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.

* Premium members only.

Beijing Nutrichem Co ROCE % Chart

Beijing Nutrichem Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

43.74

13.73

17.02

28.60

5.36

Beijing Nutrichem 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															8.41	9.24	3.79	0.12	1.09

Beijing Nutrichem Co ROCE % Calculation

Beijing Nutrichem 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 )
	=	347.57	/	( ( (12551.315 - 6292.552)	+	(12642.144 - 5933.424) )	/ 2 )
	=	347.57	/	( (6258.763	+	6708.72)	/ 2 )
	=	347.57	/	6483.7415
	=	5.36 %

Beijing Nutrichem 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 )
	=	73.388	/	( ( (12642.144 - 5933.424)	+	(12801.345 - 6045.433) )	/ 2 )
	=	73.388	/	( ( 6708.72	+	6755.912 )	/ 2 )
	=	73.388	/	6732.316
	=	1.09 %

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

Beijing Nutrichem Co (BJSE:833819) 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.

Beijing Nutrichem Co ROCE % Related Terms

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

Beijing Nutrichem Co (BJSE:833819) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Beijing Nutrichem Co Ltd (BJSE:833819) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27, Shengshengyuan Road, Floor 4, Area A, Building 1, Science and Technology Park, Changping District,, Beijing, CHN, 102206

Website

https://www.nutrichem.cn

Beijing Nutrichem Co Ltd is an agrochemical product supplier based on research and development and guided by market demand. Its main business is the research and development, production, sales, and GLP technical services of pesticide technical products, intermediates, and preparations. The company's main products are oxyfluorfen, amiloride, imazethapyr, tebuconazole, azoxystrobin.

Beijing Nutrichem Co (BJSE:833819) Headlines

No Headlines